Non-Standard Finance Plc Stock Forecast
High volatility in Non-Standard Finance Plc stock price on Wednesday which ended trading at £0.0600
(Updated on Sep 02, 2020)
The Non-Standard Finance Plc stock price gained 20.00% on the last trading day (Wednesday, 2nd Sep 2020), rising from £0.0500 to £0.0600. During the last trading day the stock fluctuated 20.00% from a day low at £0.0500 to a day high of £0.0600. The price has been going up and down for this period, and there has been a -40% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately £415.24 thousand.
Given the current short-term trend, the stock is expected to fall -6.25% during the next 3 months and, with a 90% probability hold a price between £0.0459 and £0.0563 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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NSF.L Signals & Forecast
Non-Standard Finance Plc has increased 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. The Non-Standard Finance 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 £0.0771 and £0.182. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, November 30, -1. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Non-Standard Finance Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £0.0500. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at £ may give a huge drop in the stock price.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £0.0100 between high and low, or 20.00%. For the last week the stock has had daily average volatility of 15.33%.
Our recommended stop-loss: £0 (-5.00%) (Unable to calculate.)
Trading Expectations (NSF.L) For The Upcoming Trading Day Of Thursday 3rd
With no resistance above and support from accumulated volume @ £0.0500, some £0.0100 (16.67%) from the current price of £0.0600, our system finds the risk reward attractive.
Is Non-Standard Finance Plc stock A Buy?
Non-Standard Finance 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 Non-Standard Finance Plc of Thursday, September 3, 2020
| Fair opening price September 3, 2020 | Current price |
|---|---|
| £0.0567 ( 5.56%) | £0.0600 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NSF.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0667 | 11.11 % | |
| R2 | 0.0628 | 4.74 % | ||
| R1 | 0.0605 | 0.81 % | ||
| Current price: | 0.0600 | |||
| Support | S1 | 0.0528 | -11.92 % | |
| S2 | 0.0505 | -15.86 % | ||
| S3 | 0.0467 | -22.22 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 0.0600 | |||
| Support | S1 | 0.0500 | -16.67% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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