RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OPG.L
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Opg Power Venture PLC stock price down 0.97% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Loss -0.97% PDF

The Opg Power Venture PLC stock price fell by -0.97% on the last day (Wednesday, 27th Mar 2024) from £10.30 to £10.20. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 7.35% from a day low at £10.00 to a day high of £10.74. The price has fallen in 7 of the last 10 days and is down by -2.86% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -107 thousand shares and in total, 382 thousand shares were bought and sold for approximately £3.89 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £10.04 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.81% during the next 3 months and, with a 90% probability hold a price between £9.66 and £10.95 at the end of this 3-month period.

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OPG.L Signals & Forecast

There are few to no technical positive signals at the moment. The Opg Power Venture 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 £10.51 and £10.76. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -7.27%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for Opg Power Venture 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.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.735 (7.35%) between high and low. For the last week, the stock has had daily average volatility of 4.91%.

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

Trading Expectations (OPG.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Opg Power Venture PLC to open at £10.31, and during the day (based on 14 day Average True Range), to move between £9.66 and £10.74, which gives a possible trading interval of +/-£0.540 (+/-5.30%) up or down from last closing price. If Opg Power Venture PLC takes out the full calculated possible swing range there will be an estimated 10.59% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ £10.40, some £0.200 (1.96%) from the current price of £10.20, our system finds the risk reward not very attractive.

Is Opg Power Venture PLC stock A Buy?

Opg Power Venture PLC 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.

Current score: -4.292 Sell Candidate Unchanged

Predicted Opening Price for Opg Power Venture PLC of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£10.31 ( 1.09%) £10.20

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

Trading levels for OPG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.05 8.30 %
R2 10.77 5.55 %
R1 10.59 3.85 %
Current price: 10.20
Support S1 10.03 -1.66 %
S2 9.86 -3.36 %
S3 9.58 -6.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.00 7.84 %
R2 10.50 2.94 %
R1 10.40 1.96 %
Current price 10.20
Support S1 0 .
S2 0 .
S3 0 .

OPG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 13, 2017 Nov 09, 2017 Dec 22, 2017 £0.720 3.97%
2 Dec 20, 2016 Dec 29, 2016 Feb 16, 2017 £0.260 0.460%

FAQ

What is the symbol for Opg Power Venture PLC Stock and on which exchange is it traded?
The symbol for Opg Power Venture PLC is OPG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Opg Power Venture PLC Stock?
Opg Power Venture PLC 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.

How to buy Opg Power Venture PLC Stock?
Opg Power Venture 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 Opg Power Venture PLC Stock.

What's the current price of Opg Power Venture PLC Stock?
As of the end of day on the 2024-03-27, the price of an Opg Power Venture PLC (OPG.L) share was £10.20.

What is the 52-week high and low for Opg Power Venture PLC Stock?
The 52-week high for Opg Power Venture PLC Stock is £14.50 and the 52-week low is £7.00.

What is the market capitalization of Opg Power Venture PLC Stock?
As of the 2024-03-27, the market capitalization of Opg Power Venture PLC is 40.875M.

When is the next earnings date for Opg Power Venture PLC?
The upcoming earnings date for Opg Power Venture PLC is Nov 04, 2024.
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About Opg Power Venture PLC

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. It operates thermal and solar power plants. The company primarily sells electric power to public sector undertakings and heavy industrial companies. OPG Power Ventures Plc was incorporated in 2008 and is based in Chennai, India.... OPG.L Profile

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