HSW.L Forecast and Technical Stock Analysis
Sell candidate since 2019-06-17 Loss -17.44%
Hostelworld Group plc gained 0.63% in the last trading day ( Monday, 19th Aug 2019 ), rising from £1.60 to £1.61 During the day the stock fluctuated 7.19% from a day low at £1.53 to a day high of £1.64. The price has risen in 5 of the last 10 days , but is still down by -5.85% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 101 300 more shares were traded than the day before. In total, 169 391 shares bought and sold for approximately £272 720.00.
- 30 day high of the HSW.L stock price was £1.79 and low was £1.53.
- 90 day high was £2.36 and low was £1.53.
- 52 week high for Hostelworld Group plc - £264.00 and low - £1.53.
Hostelworld Group plc lies in the middle of a wide and 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 -25.22% during the next 3 months and, with 90% probability hold a price between £1.10 and £1.26 at the end of this period.
A buy signal was issued from a pivot bottom point on Friday August 16, 2019, which indicates further gains until a new top pivot has been found. Hostelworld Group plc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Hostelworld Group plc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £1.65 and £1.71. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 85 ]
RSI14 is 39 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
Hostelworld Group plc finds support from accumulated volume at £1.60.
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 £0.11 (7.19%) between high and low. For the last week, the stock has had daily average volatility of 3.89%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.89 %Average volatility
Very Low Low Medium High Very High
Hostelworld Group plc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.
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!