RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Spirax-Sarco Engineering plc stock price ended at £10,100.00 on Wednesday, after losing 2.04%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Loss -0.20% PDF

The Spirax-Sarco Engineering plc stock price fell by -2.04% on the last day (Wednesday, 27th Mar 2024) from £10,310.00 to £10,100.00. During the last trading day the stock fluctuated 3.84% from a day low at £9,958.00 to a day high of £10,340.00. The price has fallen in 7 of the last 10 days and is down by -5.65% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -467 thousand shares and in total, 78 thousand shares were bought and sold for approximately £787.41 million.

The stock has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at £10,107.71. A reaction back to this level may hold a second chance to get out before further falls.

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SPX.L Signals & Forecast

There are few to no technical positive signals at the moment. The Spirax-Sarco Engineering 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 £10,342.14 and £10,363.74. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -5.92%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, February 07, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, February 07, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Spirax-Sarco Engineering plc stock

Spirax-Sarco Engineering plc finds support from accumulated volume at £9,996.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £382.00 between high and low, or 3.84%. For the last week the stock has had daily average volatility of 2.90%.

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

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

For the upcoming trading day on Thursday, 28th we expect Spirax-Sarco Engineering plc to open at £10,132.67, and during the day (based on 14 day Average True Range), to move between £9,875.80 and £10,324.20, which gives a possible trading interval of +/-£224.20 (+/-2.22%) up or down from last closing price. If Spirax-Sarco Engineering plc takes out the full calculated possible swing range there will be an estimated 4.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £9,996.00 (1.03%) than the resistance at £10,270.00 (1.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Spirax-Sarco Engineering plc stock A Buy?

The Spirax-Sarco Engineering plc stock holds several negative signals and despite the positive trend, we believe Spirax-Sarco Engineering plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.849 Sell Candidate Unchanged

Predicted Opening Price for Spirax-Sarco Engineering plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£10,132.67 ( 0.323%) £10,100.00

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

Trading levels for SPX.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10,514.67 4.11 %
R2 10,368.74 2.66 %
R1 10,278.59 1.77 %
Current price: 10,100.00
Support S1 9,986.74 -1.12 %
S2 9,896.59 -2.01 %
S3 9,750.67 -3.46 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10,325.00 2.23 %
R2 10,310.00 2.08 %
R1 10,270.00 1.68 %
Current price 10,100.00
Support S1 9,996.00 -1.03%
S2 9,970.00 -1.29%
S3 9,622.00 -4.73%

SPX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Apr 25, 2024 May 24, 2024 £114.00 1.13%
2 Mar 09, 2023 Apr 20, 2023 May 19, 2023 £109.50 0.97%
3 Aug 11, 2022 Oct 13, 2022 Nov 11, 2022 £42.50 0.358%
4 Mar 10, 2022 Apr 21, 2022 May 20, 2022 £97.50 0.94%
5 Aug 11, 2021 Oct 14, 2021 Nov 12, 2021 £38.50 0.226%

FAQ

What is the symbol for Spirax-Sarco Engineering plc Stock and on which exchange is it traded?
The symbol for Spirax-Sarco Engineering plc is SPX.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Spirax-Sarco Engineering plc Stock?
The Spirax-Sarco Engineering plc stock holds several negative signals and despite the positive trend, we believe Spirax-Sarco Engineering plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Spirax-Sarco Engineering plc Stock?
Spirax-Sarco Engineering 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 Spirax-Sarco Engineering plc Stock.

What's the current price of Spirax-Sarco Engineering plc Stock?
As of the end of day on the 2024-03-27, the price of an Spirax-Sarco Engineering plc (SPX.L) share was £10,100.00.

What is the 52-week high and low for Spirax-Sarco Engineering plc Stock?
The 52-week high for Spirax-Sarco Engineering plc Stock is £11,913.42 and the 52-week low is £7,900.00.

What is the market capitalization of Spirax-Sarco Engineering plc Stock?
As of the 2024-03-27, the market capitalization of Spirax-Sarco Engineering plc is 7.417B.

When is the next earnings date for Spirax-Sarco Engineering plc?
The upcoming earnings date for Spirax-Sarco Engineering plc is Aug 08, 2024.
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About Spirax-Sarco Engineering plc

Spirax-Sarco Engineering plc Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and h... SPX.L Profile

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