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 SGRO.L
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Segro Plc stock price ended at £892.00 on Wednesday, after losing 0.89%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 21, 2024 Gain 0.31% PDF

The Segro Plc stock price fell by -0.89% on the last day (Wednesday, 27th Mar 2024) from £900.00 to £892.00. During the last trading day the stock fluctuated 1.62% from a day low at £887.20 to a day high of £901.60. The price has risen in 6 of the last 10 days and is up by 0.97% over the past 2 weeks. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately £3.06 billion.

The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at £900.21 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Segro Plc stock with a 90% probability to be traded between £832.56 and £913.65 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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SGRO.L Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -0.89%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Segro 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 £884.20 and £862.58. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Segro Plc stock

Segro Plc finds support from accumulated volume at £862.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £14.40 (1.62%) between high and low. For the last week, the stock has had daily average volatility of 1.61%.

Our recommended stop-loss: £863.48 (-3.20%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Thursday, 28th we expect Segro Plc to open at £893.60, and during the day (based on 14 day Average True Range), to move between £873.94 and £910.06, which gives a possible trading interval of +/-£18.06 (+/-2.02%) up or down from last closing price. If Segro Plc takes out the full calculated possible swing range there will be an estimated 4.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £898.00 (0.67%) than the support at £862.80 (3.27%), 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 Segro Plc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Segro Plc stock to perform well in the short-term period.

Current score: 1.983 Buy Candidate Unchanged

Predicted Opening Price for Segro Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£893.60 ( 0.179%) £892.00

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

Trading levels for SGRO.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 908.00 1.79 %
R2 902.50 1.18 %
R1 899.10 0.796 %
Current price: 892.00
Support S1 888.10 -0.437 %
S2 884.70 -0.82 %
S3 879.20 -1.43 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 900.00 0.90 %
R2 899.80 0.87 %
R1 898.00 0.673 %
Current price 892.00
Support S1 862.80 -3.27%
S2 849.20 -4.80%
S3 845.40 -5.22%

SGRO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 May 03, 2024 £19.10 2.14%
2 Aug 10, 2023 Aug 10, 2023 Aug 10, 2023 £8.70 1.16%
3 Feb 17, 2023 Mar 16, 2023 May 04, 2023 £18.20 2.23%
4 Jul 28, 2022 Aug 11, 2022 Sep 23, 2022 £8.10 1.05%
5 Feb 18, 2022 Mar 17, 2022 May 04, 2022 £16.90 1.45%

FAQ

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

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

How to buy Segro Plc Stock?
Segro 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 Segro Plc Stock.

What's the current price of Segro Plc Stock?
As of the end of day on the 2024-03-27, the price of an Segro Plc (SGRO.L) share was £892.00.

What is the 52-week high and low for Segro Plc Stock?
The 52-week high for Segro Plc Stock is £913.00 and the 52-week low is £675.00.

What is the market capitalization of Segro Plc Stock?
As of the 2024-03-27, the market capitalization of Segro Plc is 11.931B.

When is the next earnings date for Segro Plc?
The upcoming earnings date for Segro Plc is Jul 26, 2024.
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About Segro Plc

Segro Plc SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 8.1 million square metres of space (88 million square feet) valued at £13.3 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.... SGRO.L Profile

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