Quartix Holdings Plc Stock Forecast
Quartix Holdings Plc stock price down 0% on Thursday
(Updated on Apr 25, 2024)
No changes to the price of Quartix Holdings Plc stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 1.80% from a day low at £152.26 to a day high of £155.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.75% during the next 3 months and, with a 90% probability hold a price between £125.19 and £144.52 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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QTX.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 12, 2024, and so far it has risen 5.44%. 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 Quartix Holdings 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 £155.00 and £162.92. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Quartix Holdings Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £147.00. 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.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £2.75 between high and low, or 1.80%. For the last week, the stock has had daily average volatility of 3.73%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (QTX.L) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Quartix Holdings Plc to open at £154.09, and during the day (based on 14 day Average True Range), to move between £147.12 and £162.88, which gives a possible trading interval of +/-£7.88 (+/-5.08%) up or down from last closing price. If Quartix Holdings Plc takes out the full calculated possible swing range there will be an estimated 10.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £160.00 (3.23%) than the support at £147.00 (5.16%), 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 Quartix Holdings Plc stock A Buy?
Quartix Holdings 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: -2.016 Sell Candidate Unchanged
Predicted Opening Price for Quartix Holdings Plc of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| £154.09 ( 0.590%) | £155.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for QTX.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 156.83 | 1.18 % | |
| R2 | 155.78 | 0.504 % | ||
| R1 | 155.13 | 0.0862 % | ||
| Current price: | 155.00 | |||
| Support | S1 | 153.04 | -1.27 % | |
| S2 | 152.39 | -1.68 % | ||
| S3 | 151.34 | -2.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 175.00 | 12.90 % | |
| R2 | 167.50 | 8.06 % | ||
| R1 | 160.00 | 3.23 % | ||
| Current price | 155.00 | |||
| Support | S1 | 147.00 | -5.16% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
QTX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Apr 29, 2024 | £1.50 | 0.97% |
| 2 | Aug 10, 2023 | Aug 10, 2023 | Aug 10, 2023 | £1.50 | 0.682% |
| 3 | Feb 27, 2023 | Mar 30, 2023 | Apr 28, 2023 | £6.30 | 2.68% |
| 4 | Jul 27, 2022 | Aug 11, 2022 | Sep 09, 2022 | £1.50 | 0.455% |
| 5 | Feb 28, 2022 | Mar 31, 2022 | Apr 29, 2022 | £5.10 | 1.48% |
FAQ
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