RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GHT.L
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Gresham Technologies Plc stock price ended at £125.31 on Wednesday, after losing 2.86%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 13, 2024 Loss -2.86% PDF

The Gresham Technologies Plc stock price fell by -2.86% on the last day (Wednesday, 27th Mar 2024) from £129.00 to £125.31. During the last trading day the stock fluctuated 2.15% from a day low at £125.31 to a day high of £128.00. The price has been going up and down for this period, and there has been a -2.86% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 30 thousand shares were bought and sold for approximately £3.73 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £125.24 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.07% during the next 3 months and, with a 90% probability hold a price between £136.60 and £154.82 at the end of this 3-month period.

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GHT.L Signals & Forecast

There are few to no technical positive signals at the moment. The Gresham Technologies Plc 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 £127.92 and £129.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, February 13, 2024, and so far it has fallen -7.96%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Gresham Technologies Plc stock

Gresham Technologies Plc finds support from accumulated volume at £124.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £2.69 between high and low, or 2.15%. For the last week the stock has had daily average volatility of 2.81%.

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

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

For the upcoming trading day on Thursday, 28th we expect Gresham Technologies Plc to open at £126.21, and during the day (based on 14 day Average True Range), to move between £120.79 and £129.83, which gives a possible trading interval of +/-£4.52 (+/-3.60%) up or down from last closing price. If Gresham Technologies Plc takes out the full calculated possible swing range there will be an estimated 7.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £126.00 (0.55%) than the support at £124.50 (0.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Gresham Technologies Plc stock A Buy?

The Gresham Technologies Plc stock holds several negative signals and despite the positive trend, we believe Gresham Technologies Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.381 Sell Candidate Unchanged

Predicted Opening Price for Gresham Technologies Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£126.21 ( 0.716%) £125.31

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

Trading levels for GHT.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 128.90 2.86 %
R2 127.87 2.04 %
R1 127.23 1.54 %
Current price: 125.31
Support S1 125.18 -0.104 %
S2 124.54 -0.611 %
S3 123.52 -1.43 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 129.00 2.94 %
R2 128.00 2.15 %
R1 126.00 0.551 %
Current price 125.31
Support S1 124.50 -0.646%
S2 123.50 -1.44%
S3 120.00 -4.24%

GHT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 27, 2023 Apr 27, 2023 Apr 27, 2023 £0.750 0.500%
2 Apr 01, 2022 Apr 21, 2022 May 19, 2022 £0.750 0.467%
3 Apr 01, 2021 Apr 15, 2021 May 20, 2021 £0.750 0.457%
4 Apr 02, 2020 Apr 09, 2020 May 21, 2020 £0.750 0.598%
5 Mar 27, 2019 Apr 04, 2019 May 16, 2019 £0.500 0.493%

FAQ

What is the symbol for Gresham Technologies Plc Stock and on which exchange is it traded?
The symbol for Gresham Technologies Plc is GHT.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Gresham Technologies Plc Stock?
The Gresham Technologies Plc stock holds several negative signals and despite the positive trend, we believe Gresham Technologies Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of Gresham Technologies Plc Stock?
As of the end of day on the 2024-03-27, the price of an Gresham Technologies Plc (GHT.L) share was £125.31.

What is the 52-week high and low for Gresham Technologies Plc Stock?
The 52-week high for Gresham Technologies Plc Stock is £165.00 and the 52-week low is £113.00.

What is the market capitalization of Gresham Technologies Plc Stock?
As of the 2024-03-27, the market capitalization of Gresham Technologies Plc is 104.545M.

When is the next earnings date for Gresham Technologies Plc?
The upcoming earnings date for Gresham Technologies Plc is Apr 16, 2024.
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About Gresham Technologies Plc

Gresham Technologies Plc Gresham Technologies plc provides reconciliation, regulatory reporting, connectivity, and data aggregation solutions in the United Kingdom, Europe, the Middle East, Africa, the United States, rest of Americas, Australia, and the Asia Pacific. It operates through Clareti Solutions, Other Solutions, and Contracting Services segments. The company offers control solutions that helps firms to simplify, tackle the data control challenge, scale to susta... GHT.L Profile

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