RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GCL.L
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Red day on Wednesday for Geiger Counter Ltd stock after losing 2.91%
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Loss -2.91% PDF

The Geiger Counter Ltd stock price fell by -2.91% on the last day (Wednesday, 27th Mar 2024) from £51.50 to £50.00. During the last trading day the stock fluctuated 6.60% from a day low at £48.50 to a day high of £51.70. The price has fallen in 6 of the last 10 days and is down by -5.3% for this period. Volume has increased on the last day by 261 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 798 thousand shares were bought and sold for approximately £39.89 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £48.61 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -14.14% during the next 3 months and, with a 90% probability hold a price between £41.74 and £50.76 at the end of this 3-month period.

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GCL.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Geiger Counter Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £51.68 and £54.65. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Geiger Counter Ltd stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £3.20 (6.60%) between high and low. For the last week, the stock has had daily average volatility of 5.20%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GCL.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Geiger Counter Ltd to open at £50.07, and during the day (based on 14 day Average True Range), to move between £47.36 and £52.64, which gives a possible trading interval of +/-£2.64 (+/-5.29%) up or down from last closing price. If Geiger Counter Ltd takes out the full calculated possible swing range there will be an estimated 10.57% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £51.50, some £1.50 (3.00%) from the current price of £50.00, our system finds the risk reward not very attractive.

Is Geiger Counter Ltd stock A Buy?

Geiger Counter Ltd holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.453 Sell Candidate Unchanged

Predicted Opening Price for Geiger Counter Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£50.07 ( 0.133%) £50.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GCL.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 53.27 6.53 %
R2 52.04 4.09 %
R1 51.29 2.58 %
Current price: 50.00
Support S1 48.84 -2.31 %
S2 48.09 -3.82 %
S3 46.87 -6.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 61.00 22.00 %
R2 52.00 4.00 %
R1 51.50 3.00 %
Current price 50.00
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Geiger Counter Ltd Stock and on which exchange is it traded?
The symbol for Geiger Counter Ltd is GCL.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Geiger Counter Ltd Stock?
Geiger Counter Ltd holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Geiger Counter Ltd Stock?
Geiger Counter Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Geiger Counter Ltd Stock.

What's the current price of Geiger Counter Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Geiger Counter Ltd (GCL.L) share was £50.00.

What is the 52-week high and low for Geiger Counter Ltd Stock?
The 52-week high for Geiger Counter Ltd Stock is £68.69 and the 52-week low is £33.75.

What is the market capitalization of Geiger Counter Ltd Stock?
As of the 2024-03-27, the market capitalization of Geiger Counter Ltd is 63.875M.
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About Geiger Counter Ltd

Geiger Counter Limited is a close ended equity mutual fund launched by CQS Asset Management Ltd. The fund is co-managed by CQS Cayman Limited Partnership and CQS (UK) LLP. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of company primarily engaged in exploration, development and production of energy and related service companies. Geiger Counter Limited was formed on June 6, 2006 and is domiciled in Je... GCL.L Profile

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