Weaker Buy Today INL.L ranks #478 as BUY CANDIDATE. Stronger Buy
Today INL.L ranks #478 as BUY CANDIDATE.

INL.L stock Inland Homes Plc

INL.L stock
Inland Homes Plc

March 18, 2019
Change 1.16%
Chart period: 2018-12-19 - 2019-03-18
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will INL.L stock price go up or down on Wed, 20 Mar 2019?

Inland Homes Plc Forecast and Stock Analysis

Technical INL.L stock analysis for March 18, 2019.

Buy candidate since 2019-03-18

Inland Homes Plc gained 1.16% in the last trading day, rising from £60.60 to £61.30 The price has been going up and down for this period, and there has been a -2.7% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 25 947 more shares were traded than the day before. In total, 190 577 shares bought and sold for approximately £11.68 million.

Close price at the end of the last trading day (Monday, 18th Mar 2019) of the INL.L stock was £61.30. This is 1.16% more than the trading day before Friday, 15th Mar 2019.

During day the stock fluctuated 1.16% from a day low at £60.60 to a day high of £61.30.

30 day high of the INL.L stock price was £65.80 and low was £58.00.
90 day high was £65.80 and low was £49.80.
52 week high for the Inland Homes Plc - £73.60 and low - £47.30.

Trend

Inland Homes Plc 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 £60.81 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 23.96% during the next 3 months and, with 90% probability hold a price between £75.38 and £82.71 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Inland Homes 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 £61.86. On a fall, the stock will find some support from the long-term average at approximately £60.66. 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 Friday March 15, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Friday March 15, 2019 and based on theory for this formation the price should go up by 5.12% to £65.62 within 16 trading days since signal was issued (Monday April 08, 2019).

Relative Strength Index (RSI)

RSI14 is 51 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Inland Homes Plc finds support from accumulated volume at £60.80.

Support: £60.80 Price: £61.30 Resistance: £62.10

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 £0.70 (1.16%) between high and low. For the last week, the stock has had a daily average volatility of 0.79%.

Our recommended stoploss: £57.76 (-5.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Inland Homes Plc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Strong Buy Candidate.

Weaker Buy Today INL.L ranks #478 as BUY CANDIDATE. Stronger Buy
Today INL.L ranks #478 as BUY CANDIDATE.