HGT.L Forecast and Technical Stock Analysis
Sell candidate since 2019-07-30 Loss -3.74%
Hugoton Royalty Trust gained 2.49% in the last trading day ( Thursday, 22nd Aug 2019 ), rising from £2.01 to £2.06 During the day the stock fluctuated 2.99% from a day low at £2.01 to a day high of £2.07. The price has risen in 4 of the last 10 days , but is still down by -1.44% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 809 457 more shares were traded than the day before. In total, 951 047 shares bought and sold for approximately £1.96 million.
- 30 day high of the HGT.L stock price was £2.22 and low was £2.01.
- 90 day high was £2.25 and low was £2.01.
- 52 week high for Hugoton Royalty Trust - £2 040.00 and low - £1.74.
Hugoton Royalty Trust lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.22% during the next 3 months and, with 90% probability hold a price between £1.90 and £2.03 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday August 20, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Hugoton Royalty Trust holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at £2.12. On a fall, the stock will find some support from the short-term average at £2.03. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 48 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Hugoton Royalty Trust finds support from accumulated volume at £2.05.
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 £0.06 (2.99%) between high and low. For the last week, the stock has had daily average volatility of 1.99%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
1.99 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!