Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Stronger Sell Today SGEM.L ranks #4573 as SELL CANDIDATE #4573 Weaker Sell

SGEM.L stock forecast ScotGems Plc

SGEM.L stock forecast

Monday June 24, 2019 Change -0.57% Price £86.50
Chart period: 2019-03-25 - 2019-06-24
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will SGEM.L stock price go up or down on Wed, 26 Jun 2019?

Predict

ScotGems Plc Forecast and Stock Analysis

Technical SGEM.L stock analysis for Monday June 24, 2019.

Sell candidate since 2019-06-20 Loss -0.57%


ScotGems Plc fell by -0.57% in the last day ( Monday, 24th Jun 2019 ) from £87.00 to £86.50 During day the stock fluctuated 0.58% from a day low at £86.50 to a day high of £87.00. The price has been going up and down for this period, and there has been a -2.26% loss for the last 2 weeks. Volume has increased in the last day by 12 604 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 12 604 shares bought and sold for approximately £1.09 million.

Quick summary:

  • 30 day high of the SGEM.L stock price was £88.50 and low was £84.50.
  • 90 day high was £91.50 and low was £84.50.
  • 52 week high for the ScotGems Plc - £99.00 and low - £0.92.

Trend

ScotGems Plc lies in the middle of a 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 -2.24% during the next 3 months and, with 90% probability hold a price between £80.72 and £88.32 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. ScotGems Plc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £87.36 and £87.18. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday June 11, 2019, which indicates further falls until a new bottom pivot has been found. ScotGems Plc gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 64 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

ScotGems Plc finds support from accumulated volume at £86.00.

Support: £86.00 Price: £86.50 Resistance: £87.50

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £0.50 (0.58%) between high and low. For the last week, the stock has had a daily average volatility of 0.57%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

0.57 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today SGEM.L ranks #4573 as SELL CANDIDATE #4573 Weaker Sell

Will SGEM.L stock price go up or down on Wed, 26 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank