Today MSMN.L ranks # as BUY CANDIDATE.
Today MSMN.L ranks # as BUY CANDIDATE.

MSMN.L stock Mosman Oil and Gas Limited

MSMN.L stock
Mosman Oil and Gas Limited

April 24, 2019
Change -9.90%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will MSMN.L stock price go up or down on Fri, 26 Apr 2019?

Mosman Oil and Gas Limited Forecast and Stock Analysis

Technical MSMN.L stock analysis for April 24, 2019.

Buy candidate since 2019-04-24

Mosman Oil and Gas Limited fell by -9.90% in the last day from £0.51 to £0.46 The price has risen in 6 of the last 10 days and is up by 49.18% over the past 2 weeks. Volume has increased in the last day by 13.66 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 34.21 million shares bought and sold for approximately £15.57 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the MSMN.L stock was £0.46. This is 9.9% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 36.90% from a day low at £0.42 to a day high of £0.58.

30 day high of the MSMN.L stock price was £0.58 and low was £0.24.
90 day high was £0.58 and low was £0.24.
52 week high for the Mosman Oil and Gas Limited - £0.88 and low - £0.22.

Trend

Mosman Oil and Gas Limited lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 33.93% during the next 3 months and, with 90% probability hold a price between £0.38 and £0.68 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Mosman Oil and Gas Limited holds buy signals from both short- and long-term moving averages. In addition, 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 £0.42 and £0.31. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock holds a RSI14 at 77 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Mosman Oil and Gas Limited finds support from accumulated volume at £0.44.

Support: £0.44 Price: £0.46 Resistance: £0.47

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 £0.16 between high and low, or 36.90%. For the last week, the stock has had a daily average volatility of 24.50%.

Our recommended stoploss: £0.42 (-6.95%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Today MSMN.L ranks # as BUY CANDIDATE.
Today MSMN.L ranks # as BUY CANDIDATE.