Wednesday June 19, 2019 Change 0.00% Price £213.00
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will KBT.L stock price go up or down on Thu, 20 Jun 2019?

Predict

K3 Business Technology Group plc Forecast and Stock Analysis

Technical KBT.L stock analysis for Wednesday June 19, 2019.

Sell candidate since 2019-06-17 Loss -3.18%


No changes to the price of K3 Business Technology Group plc in the last trading day ( Wednesday, 19th Jun 2019 ). During day the stock fluctuated 0.00% from a day low at £213.00 to a day high of £213.00. The price has been going up and down for this period, and there has been a -4.05% loss for the last 2 weeks.

Quick summary:

  • 30 day high of the KBT.L stock price was £223.00 and low was £213.00.
  • 90 day high was £227.00 and low was £213.00.
  • 52 week high for the K3 Business Technology Group plc - £243.50 and low - £2.10.

Trend

K3 Business Technology Group plc lies in the lower of a narrow and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £212.87 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.56% during the next 3 months and, with 90% probability hold a price between £205.29 and £213.64 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Tuesday June 18, 2019, which indicates further gains 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. K3 Business Technology Group plc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £218.57 and £220.43. A break-up above any of these levels will issue buy signals. 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".

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

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.

Price: £213.00 Resistance: £220.00

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

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

0.55 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

K3 Business Technology Group plc holds several negative signals and is within a narrow and 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. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Sell Candidate Upgraded
Stronger Sell Today KBT.L ranks #5403 as SELL CANDIDATE #5403 Weaker Sell

Will KBT.L stock price go up or down on Thu, 20 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank