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 LXI.L
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Red day on Wednesday for LXI REIT Plc stock after losing 0%
(Updated on Mar 27, 2024)

Hold candidate since Mar 06, 2024 PDF

No changes to the price of LXI REIT Plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £100.80 to a day high of £100.80. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a 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 -4.33% during the next 3 months and, with a 90% probability hold a price between £93.15 and £98.85 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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LXI.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 LXI REIT Plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 £100.80 and £100.90. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 26, 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 LXI REIT Plc stock

LXI REIT Plc finds support from accumulated volume at £100.20 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 0%

Our recommended stop-loss: £96.77 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Thursday, 28th we expect LXI REIT Plc to open at £100.80, and during the day (based on 14 day Average True Range), to move between £99.79 and £101.81, which gives a possible trading interval of +/-£1.01 (+/-1.00%) up or down from last closing price. If LXI REIT Plc takes out the full calculated possible swing range there will be an estimated 1.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £100.20 (0.60%) than the resistance at £102.00 (1.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is LXI REIT Plc stock A Buy?

LXI REIT Plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for LXI REIT Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£100.80 ( 0%) £100.80

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

Trading levels for LXI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 100.80 .
R2 100.80 .
R1 100.80 .
Current price: 100.80
Support S1 100.80 .
S2 100.80 .
S3 100.80 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 106.20 5.36 %
R2 102.10 1.29 %
R1 102.00 1.19 %
Current price 100.80
Support S1 100.20 -0.595%
S2 100.10 -0.694%
S3 99.05 -1.74%

LXI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Feb 08, 2024 Mar 01, 2024 £1.65 1.65%
2 Dec 07, 2023 Dec 07, 2023 Dec 07, 2023 £0.0165 0.0175%
3 Sep 14, 2023 Sep 14, 2023 Sep 14, 2023 £1.65 1.77%
4 Jun 15, 2023 Jun 15, 2023 Jun 15, 2023 £1.58 1.66%
5 Feb 09, 2023 Feb 16, 2023 Mar 10, 2023 £1.58 1.53%

FAQ

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

Should I buy or sell LXI REIT Plc Stock?
LXI REIT Plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy LXI REIT Plc Stock?
LXI REIT 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 LXI REIT Plc Stock.

What's the current price of LXI REIT Plc Stock?
As of the end of day on the 2024-03-27, the price of an LXI REIT Plc (LXI.L) share was £100.80.

What is the 52-week high and low for LXI REIT Plc Stock?
The 52-week high for LXI REIT Plc Stock is £108.30 and the 52-week low is £82.05.

What is the market capitalization of LXI REIT Plc Stock?
As of the 2024-03-27, the market capitalization of LXI REIT Plc is 1.728B.

When is the next earnings date for LXI REIT Plc?
The upcoming earnings date for LXI REIT Plc is Jun 05, 2024.
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