Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 19, 2019 Change -4.55% Price £212.10
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will MKS.L stock price go up or down on Fri, 21 Jun 2019?

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MIKASA INC Forecast and Stock Analysis

Technical MKS.L stock analysis for Wednesday June 19, 2019.

Sell candidate since 2019-05-02 Loss -23.73%


MIKASA INC fell by -4.55% in the last day ( Wednesday, 19th Jun 2019 ) from £222.20 to £212.10 During day the stock fluctuated 5.77% from a day low at £211.30 to a day high of £223.50. The price has fallen in 5 of the last 10 days and is down by -7.94% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -9.90 million shares and in total 15.82 million shares bought and sold for approximately £3 356.06 million.

Quick summary:

  • 30 day high of the MKS.L stock price was £273.80 and low was £211.30.
  • 90 day high was £290.30 and low was £211.30.
  • 52 week high for the MIKASA INC - £316.60 and low - £2.73.

Trend

MIKASA INC lies in the lower of a wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £205.11 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -21.64% during the next 3 months and, with 90% probability hold a price between £160.72 and £197.78 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. MIKASA INC 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 £217.59 and £247.31. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday June 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 39 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

Price: £212.10 Resistance: £216.00

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £12.20 between high and low, or 5.77%. For the last week, the stock has had a daily average volatility of 3.42%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

3.42 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

MIKASA INC holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Sell Candidate Downgraded
Stronger Sell Today MKS.L ranks #5315 as SELL CANDIDATE #5315 Weaker Sell

Will MKS.L stock price go up or down on Fri, 21 Jun 2019?

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