Revolution Bars Group Plc Stock Forecast
High volatility in Revolution Bars Group Plc stock price on Wednesday which ended trading at £1.40
(Updated on Mar 27, 2024)
No changes to the price of Revolution Bars Group Plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 17.19% from a day low at £1.28 to a day high of £1.50. The price has been going up and down for this period, and there has been a -51.72% loss for the last 2 weeks.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £1.36 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -43.00% during the next 3 months and, with a 90% probability hold a price between £0.776 and £1.88 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
RBG.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Revolution Bars Group 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 £2.48 and £2.79. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Revolution Bars Group 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 may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved £0.220 between high and low, or 17.19%. For the last week, the stock has had daily average volatility of 19.86%.
Revolution Bars Group Plc is oversold on RSI14 (14). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RBG.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Revolution Bars Group Plc to open at £1.39, and during the day (based on 14 day Average True Range), to move between £1.08 and £1.72, which gives a possible trading interval of +/-£0.322 (+/-23.00%) up or down from last closing price. If Revolution Bars Group Plc takes out the full calculated possible swing range there will be an estimated 46.01% move between the lowest and the highest trading price during the day.
Is Revolution Bars Group Plc stock A Buy?
Revolution Bars Group Plc holds several negative signals and is within a very 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: -5.745 Strong Sell Candidate Unchanged
Predicted Opening Price for Revolution Bars Group Plc of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£1.39 ( 0.476%) | £1.40 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RBG.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1.61 | 15.24 % | |
R2 | 1.53 | 9.24 % | ||
R1 | 1.48 | 5.53 % | ||
Current price: | 1.40 | |||
Support | S1 | 1.31 | -6.48 % | |
S2 | 1.26 | -10.19 % | ||
S3 | 1.17 | -16.19 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 1.40 | |||
Support | S1 | 0 | . | |
S2 | 0 | . | ||
S3 | 0 | . |
RBG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Oct 02, 2018 | Nov 08, 2018 | Dec 07, 2018 | £2.87 | 3.32% |
2 | Mar 02, 2018 | Mar 22, 2018 | Apr 12, 2018 | £1.44 | 1.13% |
3 | Oct 03, 2017 | Nov 09, 2017 | Dec 08, 2017 | £2.87 | 2.06% |
4 | Feb 28, 2017 | Mar 16, 2017 | Apr 06, 2017 | £1.44 | 0.749% |
5 | Oct 04, 2016 | Nov 10, 2016 | Dec 09, 2016 | £2.87 | 1.61% |
FAQ
Click here for our free guide on how to buy Revolution Bars Group Plc Stock.