INF.L Forecast and Technical Stock Analysis
Buy candidate since 2019-08-19
Brookfield Glbl Lstd Infrstr Incm Fd Inc gained 0.59% in the last trading day ( Monday, 19th Aug 2019 ), rising from £8.45 to £8.50 , and has now gained 3 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 day the stock fluctuated 1.06% from a day low at £8.47 to a day high of £8.56. The price has risen in 6 of the last 10 days and is up by 2.66% over the past 2 weeks. Volume fell in the last day by -0.14 million shares and in total, 1.64 million shares bought and sold for approximately £13.92 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the INF.L stock price was £9.00 and low was £8.20.
- 90 day high was £9.00 and low was £7.54.
- 52 week high for Brookfield Glbl Lstd Infrstr Incm Fd Inc - £775.00 and low - £6.03.
Brookfield Glbl Lstd Infrstr Incm Fd Inc lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £8.35 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.07% during the next 3 months and, with 90% probability hold a price between £9.27 and £10.14 at the end of this period.
Only positive signals in the chart today. Brookfield Glbl Lstd Infrstr Incm Fd Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at £8.43 and £8.46. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. 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.
* 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 38 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
Brookfield Glbl Lstd Infrstr Incm Fd Inc finds support from accumulated volume at £8.36.
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 £0.09 (1.06%) between high and low. For the last week, the stock has had daily average volatility of 1.85%.
Our recommended stop-loss: £8.05 (-5.25%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
1.85 %Average volatility
Very Low Low Medium High Very High
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.
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!