QUIZ PLC Stock Forecast
Stronger technical forecast for QUIZ PLC stock price after Wednesday trading.
(Updated on Mar 27, 2024)
The QUIZ PLC stock price gained 2.43% on the last trading day (Wednesday, 27th Mar 2024), rising from £5.75 to £5.89. During the last trading day the stock fluctuated 0% from a day low at £5.89 to a day high of £5.89. The price has fallen in 5 of the last 10 days and is down by -0.59% for this period. Volume fell on the last day by -112 thousand shares and in total, 1 thousand shares were bought and sold for approximately £7.89 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect QUIZ PLC stock with a 90% probability to be traded between £5.44 and £6.45 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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QUIZ.L Signals & Forecast
The QUIZ PLC stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at £5.76 and £5.86. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -5.38%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Thursday, January 25, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Thursday, January 25, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for QUIZ PLC stock
QUIZ PLC finds support from accumulated volume at £5.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. 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 6.72%.
Our recommended stop-loss: £5.66 (-3.82%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (QUIZ.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect QUIZ PLC to open at £5.89, and during the day (based on 14 day Average True Range), to move between £5.55 and £6.23, which gives a possible trading interval of +/-£0.338 (+/-5.73%) up or down from last closing price. If QUIZ PLC takes out the full calculated possible swing range there will be an estimated 11.46% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £5.93 (0.59%) than the support at £5.75 (2.38%), 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 QUIZ PLC stock A Buy?
QUIZ 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.956 Hold/Accumulate Upgraded
Predicted Opening Price for QUIZ PLC of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£5.89 ( 0%) | £5.89 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for QUIZ.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 5.89 | . | |
R2 | 5.89 | . | ||
R1 | 5.89 | . | ||
Current price: | 5.89 | |||
Support | S1 | 5.89 | . | |
S2 | 5.89 | . | ||
S3 | 5.89 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 6.13 | 3.99 % | |
R2 | 6.00 | 1.87 % | ||
R1 | 5.93 | 0.594 % | ||
Current price | 5.89 | |||
Support | S1 | 5.75 | -2.38% | |
S2 | 5.73 | -2.80% | ||
S3 | 5.68 | -3.65% |
QUIZ Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 27, 2018 | Feb 14, 2019 | Mar 14, 2019 | £0.400 | 2.51% |
2 | Jun 05, 2018 | Aug 16, 2018 | Sep 14, 2018 | £0.80 | 0.506% |
3 | Jun 05, 2018 | Aug 15, 2018 | Sep 14, 2018 | £0.80 | 0.506% |
FAQ
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