Previous Hold Today GNC.L ranks #2622 as HOLD CANDIDATE. Next Hold
Today GNC.L ranks #2622 as HOLD CANDIDATE.

GNC.L stock GNC Holdings Inc

GNC.L stock
GNC Holdings Inc

April 24, 2019
Change 0.27%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will GNC.L stock price go up or down on Fri, 26 Apr 2019?

GNC Holdings Inc Forecast and Stock Analysis

Technical GNC.L stock analysis for April 24, 2019.

Hold candidate since 2019-04-15 Gain 5.86%
Shorts 10.26% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.83
ROA 4.68

GNC Holdings Inc gained 0.27% in the last trading day, rising from £225.30 to £225.90 The price has risen in 7 of the last 10 days and is up by 8.97% over the past 2 weeks. Volume fell in the last day by -4.60 million shares, and in total, 2.23 million shares bought and sold for approximately £502.82 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the GNC.L stock was £225.90. This is 0.27% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.47% from a day low at £223.80 to a day high of £227.10.

30 day high of the GNC.L stock price was £227.10 and low was £191.25.
90 day high was £227.10 and low was £183.35.
52 week high for the GNC Holdings Inc - £227.10 and low - £152.75.

Trend

GNC Holdings Inc lies in the upper part of a wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £227.18 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 10% during the next 3 months and, with 90% probability hold a price between £219.87 and £249.89 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday April 18, 2019, which indicates further falls until a new bottom pivot has been found. GNC Holdings Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £220.49 and £204.71. A break down below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely.

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Relative Strength Index (RSI)

RSI14 is 88 and the stock is extremely overbought on RSI14, but may also ontinue to gain. Some stocks see their best performance while being overbought, but very seldom does RSI remain so high for a long time without short corrections. Risk has therefore increased and larger daily movements can be expected for the next couple of days.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £200.60 and £193.00.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, GNC Holdings Inc finds support just below today's level at £200.60. If this is broken, then the next support from accumulated volume will be at £193.00 and £191.00.

Support: £200.60 Price: £225.90 Resistance: £226.50

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £3.30 between high and low, or 1.47%. For the last week, the stock has had a daily average volatility of 2.20%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: £218.21 (-3.41%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 88 and this increases the risk substantially. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

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Previous Hold Today GNC.L ranks #2622 as HOLD CANDIDATE. Next Hold
Today GNC.L ranks #2622 as HOLD CANDIDATE.