LXI.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-16 Gain 0.81%
LXI REIT Plc gained 0.81% in the last trading day ( Monday, 19th Aug 2019 ), rising from £1.24 to £1.25 During the day the stock fluctuated 1.61% from a day low at £1.24 to a day high of £1.26. The price has fallen in 4 of the last 10 days and is down by -2.34% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 11 529 more shares were traded than the day before. In total, 492 146 shares bought and sold for approximately £615 182.00.
- 30 day high of the LXI.L stock price was £1.31 and low was £1.23.
- 90 day high was £1.31 and low was £1.18.
- 52 week high for LXI REIT Plc - £123.50 and low - £1.05.
LXI REIT Plc is at the lower part of a horizontal trend on short term, and normally this would pose a good buying opportunity, though a break down through the bottom trend line at £1.24 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend, you can expect LXI REIT Plc with a 90% probability to be traded between £1.26 and £1.32 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.
A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains until a new top pivot has been found. LXI REIT Plc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. LXI REIT 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 £1.26 and £1.28. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 27 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
LXI REIT Plc finds support from accumulated volume at £1.24.
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 £0.02 (1.61%) between high and low. For the last week, the stock has had daily average volatility of 2.27%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.27 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!