Previous Hold Today RECI.L ranks #2029 as HOLD CANDIDATE #2029 Next Hold

RECI.L stock forecast Real Estate Credit Investments Limited

RECI.L stock forecast

Wednesday May 22, 2019 Change -0.86% Price 173.00€
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will RECI.L stock price go up or down on Thu, 23 May 2019?

Predict

Real Estate Credit Investments Limited Forecast and Stock Analysis

Technical RECI.L stock analysis for Wednesday May 22, 2019.

Hold candidate since 2019-05-21 Loss -0.86%


Real Estate Credit Investments Limited fell by -0.86% in the last day ( Wednesday, 22nd May 2019 ) from 174.50€ to 173.00€ During day the stock fluctuated 0.87% from a day low at 171.50€ to a day high of 173.00€. The price has been going up and down for this period, and there has been a -0.57% loss for the last 2 weeks. Volume has increased in the last day by 141 300 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 237 406 shares bought and sold for approximately 41.07€ million.

Quick summary:

  • 30 day high of the RECI.L stock price was 176.00€ and low was 171.50€.
  • 90 day high was 176.00€ and low was 166.00€.
  • 52 week high for the Real Estate Credit Investments Limited - 176.00€ and low - 162.00€.

Trend

Real Estate Credit Investments Limited lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.84% during the next 3 months and, with 90% probability hold a price between 177.62€ and 183.97€ at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Tuesday April 30, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Real Estate Credit Investments Limited holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately 173.93€. On a fall, the stock will find some support from the long-term average at approximately 172.81€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 42 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Real Estate Credit Investments Limited finds support from accumulated volume at 171.00€.

Support: 171.00€ Price: 173.00€ Resistance: 174.00€

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved 1.50€ (0.87%) between high and low. For the last week, the stock has had a daily average volatility of 0.64%.

Our recommended stoploss: 167.18€ (-3.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 15 days ago.)

0.64 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Real Estate Credit Investments Limited holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Hold/Accumulate Downgraded
Previous Hold Today RECI.L ranks #2029 as HOLD CANDIDATE #2029 Next Hold

Will RECI.L stock price go up or down
on Thu, 23 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank