XLON:NTOG
Delisted

Nostra Terra Oil&Gas Co Plc Stock Forecast

£0.0023
-0.0005 (-17.86%)
At Close: Sep 01, 2020
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.

A very red day for Nostra Terra Oil&Gas Co Plc stock price after a -17.86% fall in the Tuesday trading session
(Updated on Sep 01, 2020)

Hold candidate since Jul 17, 2020 Loss -17.86% PDF

The Nostra Terra Oil&Gas Co Plc stock price fell by -17.86% on the last day (Tuesday, 1st Sep 2020) from £0.0028 to £0.0023. During the last trading day the stock fluctuated 0% from a day low at £0.0023 to a day high of £0.0023. The price has been going up and down for this period, and there has been a -17.86% loss for the last 2 weeks. Volume has increased on the last day by 807 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately £2.96 thousand.

Given the current short-term trend, the stock is expected to fall -15.38% during the next 3 months and, with a 90% probability hold a price between £0.0019 and £0.0022 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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NTOG.L Signals & Forecast

There are few to no technical positive signals at the moment. The Nostra Terra Oil&Gas Co 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 £0.0028 and £0.0034. 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). Nostra Terra Oil&Gas Co Plc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Nostra Terra Oil&Gas Co Plc stock

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.

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 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%.

Our recommended stop-loss: £0 (-5.00%) (Unable to calculate.)

Trading Expectations (NTOG.L) For The Upcoming Trading Day Of Wednesday 2nd

With no support below and resistance from accumulated volume @ £0.0028, some £0.0005 (21.74%) from the current price of £0.0023, our system finds the risk reward not very attractive.

Is Nostra Terra Oil&Gas Co Plc stock A Buy?

Nostra Terra Oil&Gas Co 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 Nostra Terra Oil&Gas Co Plc of Wednesday, September 2, 2020

Fair opening price September 2, 2020 Current price
£0.0023 ( 0%) £0.0023

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

Trading levels for NTOG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0023 .
R2 0.0023 .
R1 0.0023 .
Current price: 0.0023
Support S1 0.0023 .
S2 0.0023 .
S3 0.0023 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0.0028 21.74 %
Current price 0.0023
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Nostra Terra Oil&Gas Co Plc Stock and on which exchange is it traded?
The symbol for Nostra Terra Oil&Gas Co Plc is NTOG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Nostra Terra Oil&Gas Co Plc Stock?
Nostra Terra Oil&Gas Co 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 Nostra Terra Oil&Gas Co Plc Stock?
Nostra Terra Oil&Gas Co 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 Nostra Terra Oil&Gas Co Plc Stock.

What's the current price of Nostra Terra Oil&Gas Co Plc Stock?
As of the end of day on the 2020-09-01, the price of an Nostra Terra Oil&Gas Co Plc (NTOG.L) share was £0.0023.

What is the 52-week high and low for Nostra Terra Oil&Gas Co Plc Stock?
The 52-week high for Nostra Terra Oil&Gas Co Plc Stock is £0.0165 and the 52-week low is £0.0021.

What is the market capitalization of Nostra Terra Oil&Gas Co Plc Stock?
As of the 2020-09-01, the market capitalization of Nostra Terra Oil&Gas Co Plc is 919.368K.
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About Nostra Terra Oil&Gas Co Plc

Nostra Terra Oil&Gas Co Plc Nostra Terra Oil and Gas Company plc, together with its subsidiaries, engages in the exploitation of hydrocarbon resources in the United States. Its principal asset is the 100% owned Mesquite asset, which covers an area of 1,984 net acres located on the Eastern Shelf of the Permian Basin, Texas. It also holds a 100% working interest (WI) in pine mills oilfield and caballos creek oilfield; 32.5% WI in caballos creek oilfield; and 50-100% WI leases... NTOG.L Profile

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