Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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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Green day on Wednesday for LondonMetric Property Plc stock after gaining 0.402%
(Updated on Mar 27, 2024)

Buy candidate since Mar 20, 2024 Gain 3.36% PDF

The LondonMetric Property Plc stock price gained 0.402% on the last trading day (Wednesday, 27th Mar 2024), rising from £199.00 to £199.80. During the last trading day the stock fluctuated 1.77% from a day low at £197.50 to a day high of £201.00. The price has risen in 6 of the last 10 days and is up by 3.68% 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, 5 million more shares were traded than the day before. In total, 10 million shares were bought and sold for approximately £1.99 billion.

The stock has broken the weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at £198.06, a level that may pose a second chance to hit a runner. According to fan-theory £213.65 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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LMP.L Signals & Forecast

Mostly positive signals in the chart today. The LondonMetric Property Plc 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 £196.56 and £189.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 29, 2024, and so far it has risen 10.75%. 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 is rising along with the price. This is considered to be a good technical signal. 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 has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £3.50 between high and low, or 1.77%. For the last week, the stock has had daily average volatility of 2.18%.

Our recommended stop-loss: £188.96 (-5.42%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect LondonMetric Property Plc to open at £199.43, and during the day (based on 14 day Average True Range), to move between £195.28 and £204.32, which gives a possible trading interval of +/-£4.52 (+/-2.26%) up or down from last closing price. If LondonMetric Property Plc takes out the full calculated possible swing range there will be an estimated 4.53% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £191.10, some £8.70 (4.35%) from the current price of £199.80, our system finds the risk reward attractive.

Is LondonMetric Property Plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rate of rising. We can conclude that the current level may hold a buying opportunity as there is a fair chance for LondonMetric Property Plc stock to perform well in the short-term period. Due to a possible false trend-break listing stock as pure buy candidate is held back.

Current score: 4.750 Buy Candidate Unchanged

Predicted Opening Price for LondonMetric Property Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£199.43 ( 0.184%) £199.80

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 202.93 1.57 %
R2 201.60 0.90 %
R1 200.77 0.486 %
Current price: 199.80
Support S1 198.10 -0.85 %
S2 197.27 -1.27 %
S3 195.93 -1.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 199.80
Support S1 191.10 -4.35%
S2 183.40 -8.21%
S3 182.50 -8.66%

LMP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Apr 08, 2024 £2.40 1.20%
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?
Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rate of rising. We can conclude that the current level may hold a buying opportunity as there is a fair chance for LondonMetric Property Plc stock to perform well in the short-term period. Due to a possible false trend-break listing stock as pure buy candidate is held back.

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 2024-03-27, the price of an LondonMetric Property Plc (LMP.L) share was £199.80.

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 2024-03-27, the market capitalization of LondonMetric Property Plc is 4.064B.

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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