Weaker Buy Today KCOM.L ranks #109 as BUY CANDIDATE. Stronger Buy
Today KCOM.L ranks #109 as BUY CANDIDATE.

KCOM.L stock Kcom Group Plc

KCOM.L stock
Kcom Group Plc

March 22, 2019
Change 1.29%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will KCOM.L stock price go up or down on Tue, 26 Mar 2019?

Kcom Group Plc Forecast and Stock Analysis

Technical KCOM.L stock analysis for March 22, 2019.

Buy candidate since 2019-03-18 Gain 0.28%

Kcom Group Plc gained 1.29% in the last trading day, rising from £70.00 to £70.90 The price has fallen in 6 of the last 10 days , but is still up by 2.6% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 372 605 more shares were traded than the day before. In total, 472 287 shares bought and sold for approximately £33.49 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the KCOM.L stock was £70.90. This is 1.29% more than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 3.96% from a day low at £68.20 to a day high of £70.90.

30 day high of the KCOM.L stock price was £72.80 and low was £67.00.
90 day high was £76.50 and low was £64.70.
52 week high for the Kcom Group Plc - £105.40 and low - £54.10.

Trend

Given the current horizontal trend you can expect Kcom Group Plc with 90% probability to be traded between £67.19 and £75.59 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. Kcom Group Plc holds buy signals from both short- and long-term moving averages. In addition, 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 £70.56 and £69.80. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday March 21, 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.

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Relative Strength Index (RSI)

RSI14 is 56 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Kcom Group Plc finds support from accumulated volume at £70.10.

Support: £70.10 Price: £70.90 Resistance: £71.40

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 £2.70 (3.96%) between high and low. For the last week, the stock has had a daily average volatility of 3.42%.

Our recommended stoploss: £66.95 (-5.57%) (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

Kcom Group Plc holds several positive signals and is considered to be a good choice at current levels. We expect the stock to perform great in the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Weaker Buy Today KCOM.L ranks #109 as BUY CANDIDATE. Stronger Buy
Today KCOM.L ranks #109 as BUY CANDIDATE.