RGD.L Forecast and Technical Stock AnalysisBuy candidate since 2019-06-26
No changes to the price of Real Good Food Plc in the last trading day ( Wednesday, 17th Jul 2019 ). During day the stock fluctuated 0.00% from a day low at £0.07 to a day high of £0.07. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
- 30 day high of the RGD.L stock price was £0.08 and low was £0.07.
- 90 day high was £0.08 and low was £0.05.
- 52 week high for the Real Good Food Plc - £6.50 and low - £0.05.
Real Good Food Plc lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £0.07 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 43.51% during the next 3 months and, with 90% probability hold a price between £0.10 and £0.13 at the end of this period.
Only positive signals in the chart today. Real Good Food Plc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £0.07 and £0.07. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday June 18, 2019, which indicates further gains until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closly at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at £0.07 and £0.06.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Real Good Food Plc finds support just below today's level at £0.07. If this is broken, then the next support from accumulated volume will be at £0.06 and £0.06.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week, the stock has had a daily average volatility of 0.60%.
Our recommended stoploss: £0.07 (-6.00%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 21 days ago.)
0.60 %Average volatility
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