VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

PHD.L Forecast and Technical Stock Analysis

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Buy candidate since 2019-07-16 Gain 5.13%

Pioneer Floating Rate gained 3.80% in the last trading day ( Friday, 19th Jul 2019 ), rising from £0.40 to £0.41 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 4.03% from a day low at £0.40 to a day high of £0.41. The price has risen in 5 of the last 10 days and is up by 15.49% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.16 million more shares were traded than the day before. In total, 1.07 million shares bought and sold for approximately £438 802.00.

Quick summary:

  • 30 day high of the PHD.L stock price was £0.41 and low was £0.29.
  • 90 day high was £0.41 and low was £0.28.
  • 52 week high for Pioneer Floating Rate - £140.50 and low - £0.28.
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Trend

Pioneer Floating Rate has broken the wide and strong rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at £0.37, a level that may pose a second chance to hit a runner. According to fan-theory £0.42 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.

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Signals

Only positive signals in the chart today. Pioneer Floating Rate 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 £0.38 and £0.32. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday July 09, 2019, which indicates further gains until a new top pivot has been found. Pioneer Floating Rate has rising 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.

Relative Strength Index (RSI)

RSImin/max Values: [ 15 - 85 ]

RSI14 is 66 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

Pioneer Floating Rate finds support from accumulated volume at £0.39.

Support: £0.39 Price: £0.41

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 £0.02 between high and low, or 4.03%. For the last week, the stock has had a daily average volatility of 4.52%.

Our recommended stop-loss: £0.39 (-4.90%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 8 days ago.)

4.52 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Strong Buy Candidate Upgraded

Evaluation

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rising rate. 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 period.

Will PHD.L stock price go up or down on Tue, 23 Jul 2019?

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