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 SCLP.L
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Scancell Hldgs Plc stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Scancell Hldgs Plc stock price gained 0.85% on the last trading day (Wednesday, 27th Mar 2024), rising from £10.25 to £10.34. During the last trading day the stock fluctuated 3.68% from a day low at £10.13 to a day high of £10.50. The price has been going up and down for this period, and there has been a -1.55% loss for the last 2 weeks. Volume fell on the last day by -579 thousand shares and in total, 272 thousand shares were bought and sold for approximately £2.81 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.27% during the next 3 months and, with a 90% probability hold a price between £9.40 and £11.41 at the end of this 3-month period.

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SCLP.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 1.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Scancell Hldgs Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £10.81. On a fall, the stock will find some support from the short-term average at £10.32. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Scancell Hldgs Plc stock

Scancell Hldgs Plc finds support from accumulated volume at £10.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 £0.373 between high and low, or 3.68%. For the last week, the stock has had daily average volatility of 7.82%.

Our recommended stop-loss: £9.76 (-5.55%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Scancell Hldgs Plc to open at £10.32, and during the day (based on 14 day Average True Range), to move between £9.60 and £11.08, which gives a possible trading interval of +/-£0.739 (+/-7.14%) up or down from last closing price. If Scancell Hldgs Plc takes out the full calculated possible swing range there will be an estimated 14.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £10.31 (0.26%) than the resistance at £10.50 (1.57%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Scancell Hldgs Plc stock A Buy?

Scancell Hldgs 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.220 Hold/Accumulate Upgraded

Predicted Opening Price for Scancell Hldgs Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£10.32 ( 0.152%) £10.34

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

Trading levels for SCLP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.69 3.45 %
R2 10.55 2.08 %
R1 10.46 1.22 %
Current price: 10.34
Support S1 10.18 -1.53 %
S2 10.09 -2.38 %
S3 9.95 -3.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.25 8.83 %
R2 11.00 6.41 %
R1 10.50 1.57 %
Current price 10.34
Support S1 10.31 -0.264%
S2 10.25 -0.84%
S3 10.05 -2.78%

FAQ

What is the symbol for Scancell Hldgs Plc Stock and on which exchange is it traded?
The symbol for Scancell Hldgs Plc is SCLP.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Scancell Hldgs Plc Stock?
Scancell Hldgs 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Scancell Hldgs Plc Stock?
Scancell Hldgs 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 Scancell Hldgs Plc Stock.

What's the current price of Scancell Hldgs Plc Stock?
As of the end of day on the 2024-03-27, the price of an Scancell Hldgs Plc (SCLP.L) share was £10.34.

What is the 52-week high and low for Scancell Hldgs Plc Stock?
The 52-week high for Scancell Hldgs Plc Stock is £21.00 and the 52-week low is £7.59.

What is the market capitalization of Scancell Hldgs Plc Stock?
As of the 2024-03-27, the market capitalization of Scancell Hldgs Plc is 95.912M.

When is the next earnings date for Scancell Hldgs Plc?
The upcoming earnings date for Scancell Hldgs Plc is Oct 29, 2024.
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About Scancell Hldgs Plc

Scancell Hldgs Plc Scancell Holdings plc, a clinical stage biopharmaceutical company, engages in the discovery and development of novel vaccines and antibody medicines to treat unmet needs in cancer and infectious diseases. The company's product candidates include SCIB1, which is in phase II clinical trial for the treatment of metastatic melanoma; SCIB2 for the treatment of non-small cell lung cancer; and Modi-1 that is in phase I/II clinical trials for the treatme... SCLP.L Profile

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