Weaker Buy Today GOG.L ranks #940 as BUY CANDIDATE. Stronger Buy
Today GOG.L ranks #940 as BUY CANDIDATE.

GOG.L stock Go-Ahead Group plc

GOG.L stock
Go-Ahead Group plc

March 22, 2019
Change -0.78%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will GOG.L stock price go up or down on Mon, 25 Mar 2019?

Go-Ahead Group plc Forecast and Stock Analysis

Technical GOG.L stock analysis for March 22, 2019.

Buy candidate since 2019-02-25 Loss -1.17%

Go-Ahead Group plc fell by -0.78% in the last day from £2 042.00 to £2 026.00 The price has risen in 5 of the last 10 days and is up by 0.9% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -35 093 shares and in total 83 877 shares bought and sold for approximately £169.94 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the GOG.L stock was £2 026.00. This is 0.78% less than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 1.58% from a day low at £2 020.00 to a day high of £2 052.00.

30 day high of the GOG.L stock price was £2 112.00 and low was £1 850.00.
90 day high was £2 112.00 and low was £1 480.00.
52 week high for the Go-Ahead Group plc - £2 112.00 and low - £1 376.00.

Trend

Go-Ahead Group plc has broken the wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at £2 036.36. A reaction back to this level may hold a second chance to get out before further falls.

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Signals

Go-Ahead Group plc 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 £2 023.71 and £1 957.63. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday March 19, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 45 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Go-Ahead Group plc finds support from accumulated volume at £2 020.00.

Support: £2 020.00 Price: £2 026.00 Resistance: £2 044.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £32.00 (1.58%) between high and low. For the last week, the stock has had a daily average volatility of 2.29%.

Our recommended stoploss: £1.00 (-4.58%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today GOG.L ranks #940 as BUY CANDIDATE. Stronger Buy
Today GOG.L ranks #940 as BUY CANDIDATE.