RSI low/high Values: [ 20 - 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 HICL.L
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Red day on Wednesday for HICL Infrastructure Company Limited stock after losing 0.159%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 1.29% PDF

The HICL Infrastructure Company Limited stock price fell by -0.159% on the last day (Wednesday, 27th Mar 2024) from £126.00 to £125.80. During the last trading day the stock fluctuated 1.06% from a day low at £125.19 to a day high of £126.52. The price has risen in 6 of the last 10 days and is up by 1.29% over the past 2 weeks. Volume has increased on the last day by 101 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, 4 million shares were bought and sold for approximately £514.66 million.

The stock lies the upper part of a falling trend in the short term, and this may 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 £126.91 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.56% during the next 3 months and, with a 90% probability hold a price between £105.80 and £116.04 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HICL.L Signals & Forecast

The HICL Infrastructure Company Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 £124.86 and £124.10. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 19, 2024, and so far it has risen 4.14%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 HICL Infrastructure Company Limited stock

HICL Infrastructure Company Limited finds support from accumulated volume at £125.40 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 £1.33 between high and low, or 1.06%. For the last week the stock has had daily average volatility of 1.28%.

Our recommended stop-loss: £120.06 (-4.56%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect HICL Infrastructure Company Limited to open at £125.84, and during the day (based on 14 day Average True Range), to move between £123.61 and £127.99, which gives a possible trading interval of +/-£2.19 (+/-1.74%) up or down from last closing price. If HICL Infrastructure Company Limited takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £125.40 (0.32%) than the resistance at £127.80 (1.59%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is HICL Infrastructure Company Limited stock A Buy?

HICL Infrastructure Company Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.120 Hold/Accumulate Unchanged

Predicted Opening Price for HICL Infrastructure Company Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£125.84 ( 0.0287%) £125.80

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

Trading levels for HICL.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 127.16 1.08 %
R2 126.66 0.681 %
R1 126.34 0.432 %
Current price: 125.80
Support S1 125.33 -0.375 %
S2 125.02 -0.624 %
S3 124.51 -1.03 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 137.40 9.22 %
R2 128.20 1.91 %
R1 127.80 1.59 %
Current price 125.80
Support S1 125.40 -0.318%
S2 124.60 -0.95%
S3 122.40 -2.70%

HICL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 28, 2024 £2.06 1.64%
2 Nov 23, 2023 Nov 23, 2023 Nov 23, 2023 £0.0206 0.0155%
3 Aug 24, 2023 Aug 24, 2023 Aug 24, 2023 £0.0206 0.0167%
4 May 25, 2023 May 25, 2023 May 25, 2023 £2.07 1.45%
5 Feb 22, 2023 Mar 02, 2023 Mar 31, 2023 £2.06 1.33%

FAQ

What is the symbol for HICL Infrastructure Company Limited Stock and on which exchange is it traded?
The symbol for HICL Infrastructure Company Limited is HICL.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell HICL Infrastructure Company Limited Stock?
HICL Infrastructure Company Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy HICL Infrastructure Company Limited Stock?
HICL Infrastructure Company Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy HICL Infrastructure Company Limited Stock.

What's the current price of HICL Infrastructure Company Limited Stock?
As of the end of day on the 2024-03-27, the price of an HICL Infrastructure Company Limited (HICL.L) share was £125.80.

What is the 52-week high and low for HICL Infrastructure Company Limited Stock?
The 52-week high for HICL Infrastructure Company Limited Stock is £158.63 and the 52-week low is £111.00.

What is the market capitalization of HICL Infrastructure Company Limited Stock?
As of the 2024-03-27, the market capitalization of HICL Infrastructure Company Limited is 2.556B.

When is the next earnings date for HICL Infrastructure Company Limited?
The upcoming earnings date for HICL Infrastructure Company Limited is May 22, 2024.
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About HICL Infrastructure Company Limited

HICL Infrastructure Company Limited HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions. The fund also invests project companies with ‘demand' based concessions and project companies which do not... HICL.L Profile

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