LPA Group Plc Stock Forecast
Evaluation of LPA Group Plc stock downgraded after the last trading session.
(Updated on Apr 25, 2024)
No changes to the price of LPA Group Plc stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at £64.00 to a day high of £64.00. The price has been going up and down for this period, and there has been a 4.07% gain for the last 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -24.03% during the next 3 months and, with a 90% probability hold a price between £38.27 and £52.24 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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LPA.L Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The LPA Group Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £66.88. On a fall, the stock will find some support from the short-term average at £63.17. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, April 24, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 LPA Group Plc stock
LPA Group Plc finds support from accumulated volume at £63.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 1.79%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LPA.L) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect LPA Group Plc to open at £64.00, and during the day (based on 14 day Average True Range), to move between £61.30 and £66.70, which gives a possible trading interval of +/-£2.70 (+/-4.21%) up or down from last closing price. If LPA Group Plc takes out the full calculated possible swing range there will be an estimated 8.43% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £63.25 (1.17%) than the resistance at £66.00 (3.13%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
LPA Group Plc will release earnings BMO on Friday, April 26, 2024. We will update the financials statements for LPA Group Plc, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.06% in the first trading day after earnings release.
Is LPA Group Plc stock A Buy?
LPA Group Plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.503 Sell Candidate Downgraded
Predicted Opening Price for LPA Group Plc of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| £64.00 ( 0%) | £64.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LPA.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 64.00 | . | |
| R2 | 64.00 | . | ||
| R1 | 64.00 | . | ||
| Current price: | 64.00 | |||
| Support | S1 | 64.00 | . | |
| S2 | 64.00 | . | ||
| S3 | 64.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 75.50 | 17.97 % | |
| R2 | 75.00 | 17.19 % | ||
| R1 | 66.00 | 3.13 % | ||
| Current price | 64.00 | |||
| Support | S1 | 63.25 | -1.17% | |
| S2 | 61.50 | -3.91% | ||
| S3 | 58.10 | -9.22% |
LPA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | Apr 12, 2024 | £1.00 | 1.60% |
| 2 | Jan 28, 2020 | Feb 27, 2020 | Mar 27, 2020 | £1.80 | 2.47% |
| 3 | Jun 20, 2019 | Sep 05, 2019 | Sep 27, 2019 | £1.10 | 1.39% |
| 4 | Jan 24, 2019 | Mar 07, 2019 | Mar 29, 2019 | £1.80 | 1.75% |
| 5 | Jun 21, 2018 | Sep 06, 2018 | Sep 26, 2018 | £1.10 | 0.99% |
FAQ
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