XLON:RMS
Delisted

Remote Monitored Systems Plc Stock Forecast

£0.0038
+0 (+0%)
At Close: Sep 01, 2020
RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Tuesday for Remote Monitored Systems Plc stock after losing 0%
(Updated on Sep 01, 2020)

Buy or Hold candidate since Apr 21, 2020 Loss -15.56% PDF

No changes to the price of Remote Monitored Systems Plc stock on the last trading day (Tuesday, 1st Sep 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0038 to a day high of £0.0038. The price has been going up and down for this period, and there has been a -15.56% loss for the last 2 weeks.

The stock lies in the middle of a strong 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 32.79% during the next 3 months and, with a 90% probability hold a price between £0.0049 and £0.0054 at the end of this 3-month period.

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RMS.L Signals & Forecast

The Remote Monitored Systems Plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 £0.0034 and £0.0032. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. 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 Tuesday, November 30, -1. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Remote Monitored Systems Plc stock

On the downside, the stock finds support just below today's level from accumulated volume at £0.0033 and £0.0032. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at £0.0032 may give a huge drop in the stock price.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. 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 0%.

The Remote Monitored Systems Plc stock is extremely overbought on RSI14 (92). This increases the short-term risk substantially.

Our recommended stop-loss: £0 (-5.00%) (Unable to calculate.)

Trading Expectations (RMS.L) For The Upcoming Trading Day Of Wednesday 2nd

With no resistance above and support from accumulated volume @ £0.0033, some £0.0005 (13.16%) from the current price of £0.0038, our system finds the risk reward attractive.

Is Remote Monitored Systems Plc stock A Buy?

Remote Monitored Systems Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Remote Monitored Systems Plc of Wednesday, September 2, 2020

Fair opening price September 2, 2020 Current price
£0.0038 ( 0%) £0.0038

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RMS.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0038 .
R2 0.0038 .
R1 0.0038 .
Current price: 0.0038
Support S1 0.0038 .
S2 0.0038 .
S3 0.0038 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.0038
Support S1 0.0033 -13.16%
S2 0.0032 -15.79%
S3 0 .

FAQ

What is the symbol for Remote Monitored Systems Plc Stock and on which exchange is it traded?
The symbol for Remote Monitored Systems Plc is RMS.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Remote Monitored Systems Plc Stock?
Remote Monitored Systems Plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Remote Monitored Systems Plc Stock?
Remote Monitored Systems Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Remote Monitored Systems Plc Stock.

What's the current price of Remote Monitored Systems Plc Stock?
As of the end of day on the 2020-09-01, the price of an Remote Monitored Systems Plc (RMS.L) share was £0.0038.

What is the 52-week high and low for Remote Monitored Systems Plc Stock?
The 52-week high for Remote Monitored Systems Plc Stock is £0.0062 and the 52-week low is £0.0011.
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