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RSI low/high Values: [ 25 - 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 PHP.L
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Red day on Friday for Primary Health Prop.
(Updated on Mar 15, 2024)

Sell candidate since Mar 14, 2024 Loss -0.11% PDF

The Primary Health Prop. stock price fell by -0.110% on the last day (Friday, 15th Mar 2024) from £91.00 to £90.90. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.83% from a day low at £90.40 to a day high of £92.05. The price has fallen in 6 of the last 10 days and is down by -0.11% for this period. Volume has increased on the last day by 4 million 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, 6 million shares were bought and sold for approximately £574.15 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £91.66 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -14.98% during the next 3 months and, with a 90% probability hold a price between £72.54 and £77.92 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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PHP.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 2.71%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Primary Health Prop. 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 £91.77 and £91.85. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Primary Health Prop. stock

Primary Health Prop. finds support from accumulated volume at £90.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 £1.65 between high and low, or 1.83%. For the last week the stock has had daily average volatility of 2.21%.

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

Trading Expectations (PHP.L) For The Upcoming Trading Day Of Monday 18th

For the upcoming trading day on Monday, 18th we expect Primary Health Prop. to open at £91.12, and during the day (based on 14 day Average True Range), to move between £88.36 and £93.44, which gives a possible trading interval of +/-£2.54 (+/-2.79%) up or down from last closing price. If Primary Health Prop. takes out the full calculated possible swing range there will be an estimated 5.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £91.00 (0.11%) than the support at £90.70 (0.22%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Primary Health Prop. stock A Buy?

Primary Health Prop. holds several negative signals and is within a 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: -3.505 Sell Candidate Unchanged

Predicted Opening Price for Primary Health Prop. of Monday, March 18, 2024

Fair opening price March 18, 2024 Current price
£91.12 ( 0.238%) £90.90

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

Trading levels for PHP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 92.77 2.05 %
R2 92.14 1.36 %
R1 91.75 0.93 %
Current price: 90.90
Support S1 90.49 -0.455 %
S2 90.10 -0.88 %
S3 89.47 -1.58 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 97.15 6.88 %
R2 94.80 4.29 %
R1 91.00 0.110 %
Current price 90.90
Support S1 90.70 -0.220%
S2 89.90 -1.10%
S3 89.35 -1.71%

PHP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 11, 2024 Jan 11, 2024 Jan 11, 2024 £0 0%
2 Oct 12, 2023 Oct 12, 2023 Oct 12, 2023 £1.68 1.87%
3 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 £1.68 1.81%
4 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 £1.68 1.66%
5 Jan 05, 2023 Jan 12, 2023 Feb 23, 2023 £1.68 1.54%

FAQ

What is the symbol for Primary Health Prop. Stock and on which exchange is it traded?
The symbol for Primary Health Prop. is PHP.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Primary Health Prop. Stock?
Primary Health Prop. holds several negative signals and is within a 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 Primary Health Prop. Stock?
Primary Health Prop. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Primary Health Prop. Stock.

What's the current price of Primary Health Prop. Stock?
As of the end of day on the 2024-03-15, the price of an Primary Health Prop. (PHP.L) share was £90.90.

What is the 52-week high and low for Primary Health Prop. Stock?
The 52-week high for Primary Health Prop. Stock is £109.00 and the 52-week low is £84.20.

What is the market capitalization of Primary Health Prop. Stock?
As of the 2024-03-15, the market capitalization of Primary Health Prop. is 1.215B.

When is the next earnings date for Primary Health Prop.?
The upcoming earnings date for Primary Health Prop. is Jul 23, 2024.
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About Primary Health Prop.

Primary Health Prop. Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieve this by investing in healthcare real estate let on long-term leases, backed by a secure underlying covenant funded mostly by government bod... PHP.L Profile

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