Previous Hold Today MTC.L ranks #1668 as HOLD CANDIDATE. Next Hold
Today MTC.L ranks #1668 as HOLD CANDIDATE.

MTC.L stock Mothercare plc

MTC.L stock
Mothercare plc

April 18, 2019
Change -0.24%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will MTC.L stock price go up or down on Tue, 23 Apr 2019?

Mothercare plc Forecast and Stock Analysis

Technical MTC.L stock analysis for April 18, 2019.

Hold candidate since 2019-04-18
Shorts n/a
Cash n/a
Loans n/a
Beta 147.30
ROA -147.93

Mothercare plc fell by -0.24% in the last day from £20.50 to £20.45 The price has fallen in 7 of the last 10 days and is down by -2.15% for this period. Volume has increased in the last day by 67 015 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, 109 448 shares bought and sold for approximately £2.24 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the MTC.L stock was £20.45. This is 0.24% less than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 0.99% from a day low at £20.20 to a day high of £20.40.

30 day high of the MTC.L stock price was £23.95 and low was £19.30.
90 day high was £23.95 and low was £14.64.
52 week high for the Mothercare plc - £42.50 and low - £14.40.

Trend

Mothercare plc lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £20.13 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 37.88% during the next 3 months and, with 90% probability hold a price between £27.76 and £35.69 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Mothercare plc 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 £20.20 and £20.18. 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 Wednesday April 17, 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 currently holds a RSI14 at 28 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £19.34 and £17.70.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Mothercare plc finds support just below today's level at £19.34. If this is broken, then the next support from accumulated volume will be at £17.70 and £16.37.

Support: £19.34 Price: £20.45 Resistance: £22.05

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 £0.20 between high and low, or 0.99%. For the last week, the stock has had a daily average volatility of 2.97%.

Mothercare plc is oversold on RSI14 (28). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: £19.60 (-4.13%) (This stock has medium daily movements and this gives medium risk. Low RSI14 is 28 which reduces the risk some. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Mothercare plc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Previous Hold Today MTC.L ranks #1668 as HOLD CANDIDATE. Next Hold
Today MTC.L ranks #1668 as HOLD CANDIDATE.