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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 LMP.L
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Stronger technical forecast for LondonMetric Property Plc stock price after Monday trading.
(Updated on Mar 18, 2024)

Hold candidate since Mar 18, 2024 PDF

The LondonMetric Property Plc stock price gained 0.787% on the last trading day (Monday, 18th Mar 2024), rising from £190.70 to £192.20. During the last trading day the stock fluctuated 1.65% from a day low at £189.97 to a day high of £193.10. The price has risen in 6 of the last 10 days and is up by 4.8% over the past 2 weeks. Volume fell on the last day by -7 million shares and in total, 5 million shares were bought and sold for approximately £957.73 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect LondonMetric Property Plc stock with a 90% probability to be traded between £180.18 and £195.78 at the end of this 3-month period. 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 top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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LMP.L Signals & Forecast

The LondonMetric Property Plc stock holds a sell 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 giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £192.86. On a fall, the stock will find some support from the long-term average at approximately £188.49. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 0.787%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Friday, February 16, 2024 in the short-term chart.

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.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, February 16, 2024 in the short-term chart.

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 LondonMetric Property Plc stock

LondonMetric Property Plc finds support from accumulated volume at £191.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £3.13 (1.65%) between high and low. For the last week, the stock has had daily average volatility of 1.96%.

Our recommended stop-loss: £182.66 (-4.96%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (LMP.L) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect LondonMetric Property Plc to open at £191.76, and during the day (based on 14 day Average True Range), to move between £187.60 and £196.80, which gives a possible trading interval of +/-£4.60 (+/-2.39%) up or down from last closing price. If LondonMetric Property Plc takes out the full calculated possible swing range there will be an estimated 4.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £192.30 (0.05%) than the support at £191.10 (0.57%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is LondonMetric Property Plc stock A Buy?

LondonMetric Property Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.037 Hold/Accumulate Upgraded

Predicted Opening Price for LondonMetric Property Plc of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
£191.76 ( 0.231%) £192.20

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

Trading levels for LMP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 194.89 1.40 %
R2 193.69 0.776 %
R1 192.95 0.392 %
Current price: 192.20
Support S1 190.56 -0.85 %
S2 189.82 -1.24 %
S3 188.62 -1.86 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 196.00 1.98 %
R2 194.30 1.09 %
R1 192.30 0.0520 %
Current price 192.20
Support S1 191.10 -0.572%
S2 183.40 -4.58%
S3 182.50 -5.05%

LMP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Apr 08, 2024 £2.40 1.25%
2 Nov 30, 2023 Nov 30, 2023 Nov 30, 2023 £0 0%
3 Aug 31, 2023 Aug 31, 2023 Aug 31, 2023 £2.40 1.32%
4 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 £2.60 1.45%
5 Mar 02, 2023 Mar 09, 2023 Apr 12, 2023 £2.30 1.25%

FAQ

What is the symbol for LondonMetric Property Plc Stock and on which exchange is it traded?
The symbol for LondonMetric Property Plc is LMP.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell LondonMetric Property Plc Stock?
LondonMetric Property Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy LondonMetric Property Plc Stock?
LondonMetric Property Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy LondonMetric Property Plc Stock.

What's the current price of LondonMetric Property Plc Stock?
As of the end of day on the 2024-03-18, the price of an LondonMetric Property Plc (LMP.L) share was £192.20.

What is the 52-week high and low for LondonMetric Property Plc Stock?
The 52-week high for LondonMetric Property Plc Stock is £204.60 and the 52-week low is £152.30.

What is the market capitalization of LondonMetric Property Plc Stock?
As of the 2024-03-18, the market capitalization of LondonMetric Property Plc is 3.909B.

When is the next earnings date for LondonMetric Property Plc?
The upcoming earnings date for LondonMetric Property Plc is May 22, 2024.
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About LondonMetric Property Plc

LondonMetric Property Plc LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a diversified long income portfolio, with 16 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.... LMP.L Profile

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