Weaker Buy Today IKA.L ranks #1908 as BUY CANDIDATE. Stronger Buy
Today IKA.L ranks #1908 as BUY CANDIDATE.

IKA.L stock Ilika plc

IKA.L stock
Ilika plc

March 15, 2019
Change 0.00%
Chart period: 2018-12-17 - 2019-03-15
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will IKA.L stock price go up or down on Tue, 19 Mar 2019?

Ilika plc Forecast and Stock Analysis

Technical IKA.L stock analysis for March 15, 2019.

Buy candidate since 2019-03-12

No changes to the price of Ilika plc in the last trading day. The price has been going up and down for this period, and there has been a -2.63% loss for the last 2 weeks.

Close price at the end of the last trading day (Friday, 15th Mar 2019) of the IKA.L stock was £37.00.

During day the stock fluctuated 2.78% from a day low at £36.00 to a day high of £37.00.

30 day high of the IKA.L stock price was £40.00 and low was £31.00.
90 day high was £40.00 and low was £11.75.
52 week high for the Ilika plc - £40.00 and low - £11.75.

Trend

Ilika plc has broken the very 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 £37.14. A reaction back to this level may hold a second chance to get out before further falls.

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Signals

Only positive signals in the chart today. Ilika plc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £37.20. On a fall, the stock will find some support from the long-term average at approximately £33.71. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Tuesday March 12, 2019, which indicates further gains until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.

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A buy signal from a double bottom formation was found on Tuesday March 12, 2019 and based on theory for this formation the price should go up by 0.40% to £37.40 within 8 trading days since signal was issued (Friday March 22, 2019).

Relative Strength Index (RSI)

RSI14 is 40 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Ilika plc finds support from accumulated volume at £35.50.

Support: £35.50 Price: £37.00 Resistance: £37.50

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 £1.00 (2.78%) between high and low. For the last week, the stock has had a daily average volatility of 1.64%.

Our recommended stoploss: £34.61 (-6.47%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom 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 IKA.L ranks #1908 as BUY CANDIDATE. Stronger Buy
Today IKA.L ranks #1908 as BUY CANDIDATE.