Weaker Buy Today INF.L ranks #1818 as BUY CANDIDATE. Stronger Buy
Today INF.L ranks #1818 as BUY CANDIDATE.

INF.L stock Brookfield Glbl Lstd Infrstr Incm Fd Inc

INF.L stock
Brookfield Glbl Lstd Infrstr Incm Fd Inc

April 24, 2019
Change -0.87%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will INF.L stock price go up or down on Fri, 26 Apr 2019?

Brookfield Glbl Lstd Infrstr Incm Fd Inc Forecast and Stock Analysis

Technical INF.L stock analysis for April 24, 2019.

Buy candidate since 2019-04-24
Shorts 0.14% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta 1.40
ROA 2.89

Brookfield Glbl Lstd Infrstr Incm Fd Inc fell by -0.87% in the last day from £806.00 to £799.00 The price has risen in 7 of the last 10 days and is up by 3.5% over the past 2 weeks. Volume has increased in the last day by 0.89 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 4.16 million shares bought and sold for approximately £3 319.97 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the INF.L stock was £799.00. This is 0.87% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.63% from a day low at £798.40 to a day high of £811.40.

30 day high of the INF.L stock price was £811.40 and low was £721.00.
90 day high was £811.40 and low was £660.60.
52 week high for the Brookfield Glbl Lstd Infrstr Incm Fd Inc - £869.60 and low - £602.80.

Trend

Brookfield Glbl Lstd Infrstr Incm Fd Inc lies in the upper part of a strong rising trend in the short term, and this will 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 £807.84 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 16.18% during the next 3 months and, with 90% probability hold a price between £884.23 and £938.55 at the end of this period.

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Signals

Brookfield Glbl Lstd Infrstr Incm Fd Inc 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 £791.29 and £751.25. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 82 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Brookfield Glbl Lstd Infrstr Incm Fd Inc finds support from accumulated volume at £770.00.

Support: £770.00 Price: £799.00 Resistance: £806.00

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 £13.00 (1.63%) between high and low. For the last week, the stock has had a daily average volatility of 1.47%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: £774.63 (-3.05%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from pivot top found 1 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. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Weaker Buy Today INF.L ranks #1818 as BUY CANDIDATE. Stronger Buy
Today INF.L ranks #1818 as BUY CANDIDATE.