IDE.L stock forecast ING Infrastructure Indu and Materials Fd

IDE.L stock forecast

VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

IDE.L Forecast and Technical Stock Analysis

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Buy candidate since 2019-07-30 Gain 84.21%

ING Infrastructure Indu and Materials Fd gained 29.63% in the last trading day ( Thursday, 22nd Aug 2019 ), rising from £0.04 to £0.05 During the day the stock fluctuated 39.02% from a day low at £0.04 to a day high of £0.06. The price has risen in 5 of the last 10 days and is up by 81.03% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.75 million more shares were traded than the day before. In total, 2.61 million shares bought and sold for approximately £137 058.00.

Quick summary:

  • 30 day high of the IDE.L stock price was £0.06 and low was £0.01.
  • 90 day high was £0.06 and low was £0.01.
  • 52 week high for ING Infrastructure Indu and Materials Fd - £3.65 and low - £0.01.
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Trend

ING Infrastructure Indu and Materials Fd has broken the very wide and strong rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at £0.04, a level that may pose a second chance to hit a runner. According to fan-theory £0.07 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.

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Signals

Only positive signals in the chart today. ING Infrastructure Indu and Materials Fd 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 £0.04 and £0.02. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday August 21, 2019, which indicates further gains until a new top pivot has been found. ING Infrastructure Indu and Materials Fd 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.

The stock had a Golden Star Signal* on Wednesday July 24, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
573.07692307692

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 15 - 85 ]

RSI14 is 83 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

On the downside, the stock finds support just below today's level from accumulated volume at £0.04 and £0.04.

With no support from accumulated volume below today's level the risk is increased, as a drop below the support at £0.00 may give a huge drop in the stock price.

Support: £0.04 Price: £0.05

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 £0.02 between high and low, or 39.02%. For the last week, the stock has had a daily average volatility of 30.58%.

Our recommended stop-loss: £0.05 (-5.23%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)

30.58 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Strong Buy Candidate Upgraded

Evaluation

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rising rate. 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 period. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Will IDE.L stock price go up or down on Tue, 27 Aug 2019?

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!

Get access to Golden Star list now!
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