Brookfield Glbl Lstd Infrstr Incm Fd Inc Stock Forecast
Brookfield Glbl Lstd Infrstr Incm Fd Inc stock price ended at £837.40 on Wednesday, after gaining 0.0956%.
(Updated on Mar 27, 2024)
The Brookfield Glbl Lstd Infrstr Incm Fd Inc stock price gained 0.0956% on the last trading day (Wednesday, 27th Mar 2024), rising from £836.60 to £837.40. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.94% from a day low at £834.20 to a day high of £842.00. The price has risen in 8 of the last 10 days and is up by 3.95% over the past 2 weeks. Volume fell on the last day by -79 thousand shares and in total, 2 million shares were bought and sold for approximately £1.28 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.23% during the next 3 months and, with a 90% probability hold a price between £875.58 and £947.67 at the end of this 3-month period.
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INF.L Signals & Forecast
Mostly positive signals in the chart today. The Brookfield Glbl Lstd Infrstr Incm Fd Inc 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 £831.23 and £814.98. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 17, 2024, and so far it has risen 14.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Brookfield Glbl Lstd Infrstr Incm Fd Inc stock
Brookfield Glbl Lstd Infrstr Incm Fd Inc finds support from accumulated volume at £810.20 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 £7.80 between high and low, or 0.94%. For the last week the stock has had daily average volatility of 0.93%.
Our recommended stop-loss: £812.45 (-2.98%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 50 days ago.)
Trading Expectations (INF.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Brookfield Glbl Lstd Infrstr Incm Fd Inc to open at £837.87, and during the day (based on 14 day Average True Range), to move between £827.68 and £847.12, which gives a possible trading interval of +/-£9.72 (+/-1.16%) up or down from last closing price. If Brookfield Glbl Lstd Infrstr Incm Fd Inc takes out the full calculated possible swing range there will be an estimated 2.32% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £810.20, some £27.20 (3.25%) from the current price of £837.40, our system finds the risk reward attractive.
Is Brookfield Glbl Lstd Infrstr Incm Fd Inc stock A Buy?
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 Brookfield Glbl Lstd Infrstr Incm Fd Inc stock to perform well in the short-term.
Current score: 4.767 Buy Candidate Unchanged
Predicted Opening Price for Brookfield Glbl Lstd Infrstr Incm Fd Inc of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£837.87 ( 0.0557%) | £837.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for INF.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 845.67 | 0.99 % | |
R2 | 842.69 | 0.631 % | ||
R1 | 840.85 | 0.412 % | ||
Current price: | 837.40 | |||
Support | S1 | 834.89 | -0.300 % | |
S2 | 833.05 | -0.520 % | ||
S3 | 830.07 | -0.88 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 837.40 | |||
Support | S1 | 810.20 | -3.25% | |
S2 | 775.40 | -7.40% | ||
S3 | 775.00 | -7.45% |
INF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 06, 2024 | Jun 06, 2024 | Jul 12, 2024 | £12.20 | 1.46% |
2 | Mar 09, 2023 | Jun 01, 2023 | Jul 14, 2023 | £6.80 | 0.93% |
3 | Jul 19, 2022 | Aug 11, 2022 | Sep 09, 2022 | £3.00 | 0.535% |
4 | Mar 10, 2020 | Jun 18, 2020 | Jul 10, 2020 | £15.95 | 3.62% |
5 | Jul 24, 2019 | Aug 08, 2019 | Sep 13, 2019 | £7.55 | 0.90% |
FAQ
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