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.
AI Analysis of SAR.L
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Sareum Holdings Plc stock price down 0% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 11, 2024 Loss -58.57% PDF

No changes to the price of Sareum Holdings Plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 6.43% from a day low at £14.00 to a day high of £14.90. The price has fallen in 5 of the last 10 days and is down by -35.56% for this period.

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 £12.50 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -64.43% during the next 3 months and, with a 90% probability hold a price between £4.45 and £9.26 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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SAR.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 3.57%. 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 Sareum Holdings 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 £15.93 and £30.43. 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 Sareum Holdings Plc stock

Sareum Holdings Plc finds support from accumulated volume at £14.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 £0.90 between high and low, or 6.43%. For the last week, the stock has had daily average volatility of 20.44%.

Sareum Holdings Plc is oversold on RSI14 (11). 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 (SAR.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Sareum Holdings Plc to open at £14.47, and during the day (based on 14 day Average True Range), to move between £9.27 and £19.73, which gives a possible trading interval of +/-£5.23 (+/-36.06%) up or down from last closing price. If Sareum Holdings Plc takes out the full calculated possible swing range there will be an estimated 72.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £14.00 (3.45%) than the resistance at £16.50 (13.79%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Sareum Holdings Plc stock A Buy?

Sareum Holdings 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: -4.469 Sell Candidate Unchanged

Predicted Opening Price for Sareum Holdings Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£14.47 ( 0.230%) £14.50

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

Trading levels for SAR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.37 5.98 %
R2 15.02 3.61 %
R1 14.81 2.14 %
Current price: 14.50
Support S1 14.12 -2.60 %
S2 13.91 -4.07 %
S3 13.57 -6.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.00 24.14 %
R2 17.00 17.24 %
R1 16.50 13.79 %
Current price 14.50
Support S1 14.00 -3.45%
S2 0 .
S3 0 .

FAQ

What is the symbol for Sareum Holdings Plc Stock and on which exchange is it traded?
The symbol for Sareum Holdings Plc is SAR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Sareum Holdings Plc Stock?
Sareum Holdings 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.

How to buy Sareum Holdings Plc Stock?
Sareum Holdings 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 Sareum Holdings Plc Stock.

What's the current price of Sareum Holdings Plc Stock?
As of the end of day on the 2024-03-27, the price of an Sareum Holdings Plc (SAR.L) share was £14.50.

What is the 52-week high and low for Sareum Holdings Plc Stock?
The 52-week high for Sareum Holdings Plc Stock is £149.00 and the 52-week low is £12.60.

What is the market capitalization of Sareum Holdings Plc Stock?
As of the 2024-03-27, the market capitalization of Sareum Holdings Plc is 10.047M.

When is the next earnings date for Sareum Holdings Plc?
The upcoming earnings date for Sareum Holdings Plc is Oct 07, 2024.
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About Sareum Holdings Plc

Sareum Holdings Plc Sareum Holdings plc, a specialist drug development company, engages in the discovery and development of therapeutic drugs for cancer and autoimmune diseases. It develops small molecule therapeutic drugs based on its Sareum Kinase Inhibitor Library drug discovery platform. The company's product pipeline includes Checkpoint Kinase 1, Aurora+FLT3 kinase, and TYK2/JAK1 kinase. It has collaborations with Hebei Medical University Biomedical Engineering... SAR.L Profile

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