JPMorgan Claverhouse Investment Trust Stock Forecast
JPMorgan Claverhouse Investment Trust stock price up 0.570% on Thursday
(Updated on Apr 25, 2024)
The JPMorgan Claverhouse Investment Trust stock price gained 0.570% on the last trading day (Thursday, 25th Apr 2024), rising from £702.00 to £706.00. During the last trading day the stock fluctuated 2.25% from a day low at £694.40 to a day high of £710.00. The price has risen in 5 of the last 10 days and is up by 1.73% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 90 thousand shares were bought and sold for approximately £63.19 million.
The stock lies in the upper part of a narrow and weak rising trend in the short term, and this may 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 £708.72 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 8.61% during the next 3 months and, with a 90% probability hold a price between £744.30 and £769.70 at the end of this 3-month period.
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JCH.L Signals & Forecast
The JPMorgan Claverhouse Investment Trust 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 £698.86 and £686.43. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, April 22, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, March 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 04, 2024.
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.
Golden Star
The stock had a Golden Star Signal on Monday, March 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 04, 2024.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.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, March 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 04, 2024.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.
Support, Risk & Stop-loss for JPMorgan Claverhouse Investment Trust stock
JPMorgan Claverhouse Investment Trust finds support from accumulated volume at £694.00 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 £15.60 between high and low, or 2.25%. For the last week the stock has had daily average volatility of 1.72%.
Our recommended stop-loss: £679.03 (-3.82%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (JCH.L) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect JPMorgan Claverhouse Investment Trust PLC to open at £703.47, and during the day (based on 14 day Average True Range), to move between £693.90 and £718.10, which gives a possible trading interval of +/-£12.10 (+/-1.71%) up or down from last closing price. If JPMorgan Claverhouse Investment Trust PLC takes out the full calculated possible swing range there will be an estimated 3.43% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £694.00, some £12.00 (1.70%) from the current price of £706.00, our system finds the risk reward attractive.
Is JPMorgan Claverhouse Investment Trust PLC 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 JPMorgan Claverhouse Investment Trust stock to perform well in the short-term.
Current score: 3.820 Buy Candidate Unchanged
Predicted Opening Price for JPMorgan Claverhouse Investment Trust PLC of Friday, April 26, 2024
Fair opening price April 26, 2024 | Current price |
---|---|
£703.47 ( 0.359%) | £706.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JCH.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 719.07 | 1.85 % | |
R2 | 713.11 | 1.01 % | ||
R1 | 709.43 | 0.485 % | ||
Current price: | 706.00 | |||
Support | S1 | 697.51 | -1.20 % | |
S2 | 693.83 | -1.72 % | ||
S3 | 687.87 | -2.57 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 706.00 | |||
Support | S1 | 694.00 | -1.70% | |
S2 | 660.00 | -6.52% | ||
S3 | 656.00 | -7.08% |
JCH Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 25, 2024 | Apr 25, 2024 | Jun 03, 2024 | £8.25 | 1.17% |
2 | Jan 25, 2024 | Jan 25, 2024 | Mar 01, 2024 | £10.50 | 1.58% |
3 | Oct 26, 2023 | Oct 26, 2023 | Oct 26, 2023 | £0.0800 | 0.0127% |
4 | Jul 27, 2023 | Jul 27, 2023 | Jul 27, 2023 | £0.0800 | 0.0119% |
5 | May 11, 2023 | May 11, 2023 | May 11, 2023 | £8.00 | 1.18% |
FAQ
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