RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JLEN.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

John Laing Environmental Assets Group stock price down 0% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 12, 2024 Loss -7.17% PDF

No changes to the price of John Laing Environmental Assets Group stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £91.90 to a day high of £91.90. The price has fallen in 9 of the last 10 days and is down by -7.27% for this period.

The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £91.83 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.95% during the next 3 months and, with a 90% probability hold a price between £88.20 and £97.02 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

JLEN.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The John Laing Environmental Assets Group stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £93.87 and £98.53. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for John Laing Environmental Assets Group stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 2.88%

John Laing Environmental Assets Group is oversold on RSI14 (9). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (JLEN.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect John Laing Environmental Assets Group Ltd. to open at £91.90, and during the day (based on 14 day Average True Range), to move between £89.77 and £94.03, which gives a possible trading interval of +/-£2.13 (+/-2.32%) up or down from last closing price. If John Laing Environmental Assets Group Ltd. takes out the full calculated possible swing range there will be an estimated 4.64% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £99.00, some £7.10 (7.73%) from the current price of £91.90, our system finds the risk reward not very attractive.

Is John Laing Environmental Assets Group Ltd. stock A Buy?

John Laing Environmental Assets Group holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.924 Sell Candidate Unchanged

Predicted Opening Price for John Laing Environmental Assets Group Ltd. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£91.90 ( 0.00000000%) £91.90

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for JLEN.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 91.90 0.00000000 %
R2 91.90 0.00000000 %
R1 91.90 0.00000000 %
Current price: 91.90
Support S1 91.90 0.00000000 %
S2 91.90 0.00000000 %
S3 91.90 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 102.20 11.21 %
R2 100.20 9.03 %
R1 99.00 7.73 %
Current price 91.90
Support S1 0 .
S2 0 .
S3 0 .

JLEN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 22, 2024 £1.90 2.02%
2 Dec 07, 2023 Dec 07, 2023 Dec 07, 2023 £0.0189 0.0196%
3 Aug 31, 2023 Aug 31, 2023 Aug 31, 2023 £0.0189 0.0192%
4 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 £1.79 1.53%
5 Jan 23, 2023 Feb 02, 2023 Mar 24, 2023 £1.78 1.50%

FAQ

What is the symbol for John Laing Environmental Assets Group Ltd. Stock and on which exchange is it traded?
The symbol for John Laing Environmental Assets Group Ltd. is JLEN.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell John Laing Environmental Assets Group Ltd. Stock?
John Laing Environmental Assets Group holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy John Laing Environmental Assets Group Ltd. Stock?
John Laing Environmental Assets Group Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy John Laing Environmental Assets Group Ltd. Stock.

What's the current price of John Laing Environmental Assets Group Ltd. Stock?
As of the end of day on the 2024-03-27, the price of an John Laing Environmental Assets Group Ltd. (JLEN.L) share was £91.90.

What is the 52-week high and low for John Laing Environmental Assets Group Ltd. Stock?
The 52-week high for John Laing Environmental Assets Group Ltd. Stock is £122.80 and the 52-week low is £83.46.

What is the market capitalization of John Laing Environmental Assets Group Ltd. Stock?
As of the 2024-03-27, the market capitalization of John Laing Environmental Assets Group Ltd. is 613.8M.

When is the next earnings date for John Laing Environmental Assets Group Ltd.?
The upcoming earnings date for John Laing Environmental Assets Group Ltd. is Jun 13, 2024.
Click to get the best stock tips daily for free!

About John Laing Environmental Assets Group Ltd.

John Laing Environmental Assets Group Ltd. John Laing Environmental Assets Group Limited is a fund of John Laing Capital Management Limited.... JLEN.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT