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 SBRE.L
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Green day on Wednesday for Sabre Insurance Group Plc
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 16.17% PDF

The Sabre Insurance Group Plc stock price gained 3.22% on the last trading day (Wednesday, 27th Mar 2024), rising from £174.00 to £179.60. During the last trading day the stock fluctuated 3.50% from a day low at £173.53 to a day high of £179.60. The price has risen in 5 of the last 10 days and is up by 14.1% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 20 thousand more shares were traded than the day before. In total, 137 thousand shares were bought and sold for approximately £24.68 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £183.07 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.22% during the next 3 months and, with a 90% probability hold a price between £178.11 and £203.61 at the end of this 3-month period.

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SBRE.L Signals & Forecast

The Sabre Insurance Group 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 £177.49 and £161.53. 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 is rising along with the price. This is considered to be a good technical signal. 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 Wednesday, March 20, 2024, and so far it has fallen -1.10%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Sabre Insurance Group Plc stock

On the downside, the stock finds support just below today's level from accumulated volume at £156.20 and £155.20. There is a 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, Sabre Insurance Group Plc finds support just below today's level at £156.20. If this is broken, then the next support from accumulated volume will be at £155.20 and £154.60.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £6.07 between high and low, or 3.50%. For the last week, the stock has had daily average volatility of 3.35%.

Our recommended stop-loss: £172.61 (-3.89%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (SBRE.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Sabre Insurance Group Plc to open at £177.58, and during the day (based on 14 day Average True Range), to move between £173.74 and £185.46, which gives a possible trading interval of +/-£5.86 (+/-3.26%) up or down from last closing price. If Sabre Insurance Group Plc takes out the full calculated possible swing range there will be an estimated 6.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £181.60 (1.11%) than the support at £156.20 (13.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sabre Insurance Group Plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sabre Insurance Group Plc stock to perform well in the short-term.

Current score: 3.174 Buy Candidate Unchanged

Predicted Opening Price for Sabre Insurance Group Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£177.58 ( 1.13%) £179.60

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

Trading levels for SBRE.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 183.65 2.25 %
R2 181.33 0.96 %
R1 179.90 0.164 %
Current price: 179.60
Support S1 175.26 -2.42 %
S2 173.83 -3.22 %
S3 171.51 -4.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 181.60 1.11 %
Current price 179.60
Support S1 156.20 -13.03%
S2 155.20 -13.59%
S3 154.60 -13.92%

SBRE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 20, 2023 Apr 20, 2023 Apr 20, 2023 £1.70 1.38%
2 Jul 26, 2022 Aug 18, 2022 Sep 22, 2022 £2.80 2.73%
3 Mar 22, 2022 Apr 28, 2022 Jun 01, 2022 £4.60 2.20%
4 Jul 27, 2021 Aug 19, 2021 Sep 16, 2021 £3.70 1.69%
5 Mar 16, 2021 Apr 22, 2021 May 20, 2021 £4.90 1.87%

FAQ

What is the symbol for Sabre Insurance Group Plc Stock and on which exchange is it traded?
The symbol for Sabre Insurance Group Plc is SBRE.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Sabre Insurance Group Plc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sabre Insurance Group Plc stock to perform well in the short-term.

How to buy Sabre Insurance Group Plc Stock?
Sabre Insurance Group 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 Sabre Insurance Group Plc Stock.

What's the current price of Sabre Insurance Group Plc Stock?
As of the end of day on the 2024-03-27, the price of an Sabre Insurance Group Plc (SBRE.L) share was £179.60.

What is the 52-week high and low for Sabre Insurance Group Plc Stock?
The 52-week high for Sabre Insurance Group Plc Stock is £183.60 and the 52-week low is £107.20.

What is the market capitalization of Sabre Insurance Group Plc Stock?
As of the 2024-03-27, the market capitalization of Sabre Insurance Group Plc is 462.862M.

When is the next earnings date for Sabre Insurance Group Plc?
The upcoming earnings date for Sabre Insurance Group Plc is Aug 01, 2024.
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About Sabre Insurance Group Plc

Sabre Insurance Group Plc Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles and motorcycles in the United Kingdom. It offers its products through a network of insurance brokers, as well as through its own direct brands, including Go Girl, Insure 2 Drive, and Drive Smart. The company was founded in 1982 and is based in Dorking, the United Kingdom.... SBRE.L Profile

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