RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SSE.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Seventy Seven Energy Inc stock price ended at £1,658.00 on Wednesday, after gaining 2.79%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 21, 2024 Gain 2.41% PDF

The Seventy Seven Energy Inc stock price gained 2.79% on the last trading day (Wednesday, 27th Mar 2024), rising from £1,613.00 to £1,658.00. During the last trading day the stock fluctuated 3.04% from a day low at £1,613.00 to a day high of £1,662.00. The price has risen in 6 of the last 10 days and is up by 5.14% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 2 million shares were bought and sold for approximately £2.84 billion. 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.

Given the current short-term trend, the stock is expected to fall -13.69% during the next 3 months and, with a 90% probability hold a price between £1,223.51 and £1,431.01 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

SSE.L Signals & Forecast

The Seventy Seven Energy Inc 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 £1,621.00 and £1,605.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 7.18%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Seventy Seven Energy Inc stock

Seventy Seven Energy Inc finds support from accumulated volume at £1,619.00 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 £49.00 between high and low, or 3.04%. For the last week the stock has had daily average volatility of 1.57%.

Our recommended stop-loss: £1,592.32 (-3.96%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Seventy Seven Energy Inc to open at £1,644.33, and during the day (based on 14 day Average True Range), to move between £1,627.59 and £1,688.41, which gives a possible trading interval of +/-£30.41 (+/-1.83%) up or down from last closing price. If Seventy Seven Energy Inc takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £1,619.00 (2.35%) than the resistance at £1,740.00 (4.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Seventy Seven Energy Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.132 Buy Candidate Unchanged

Predicted Opening Price for Seventy Seven Energy Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£1,644.33 ( 0.82%) £1,658.00

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

Trading levels for SSE.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,693.33 2.13 %
R2 1,674.62 1.00 %
R1 1,663.05 0.305 %
Current price: 1,658.00
Support S1 1,625.62 -1.95 %
S2 1,614.05 -2.65 %
S3 1,595.33 -3.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1,846.00 11.34 %
R2 1,830.00 10.37 %
R1 1,740.00 4.95 %
Current price 1,658.00
Support S1 1,619.00 -2.35%
S2 1,609.50 -2.93%
S3 1,564.00 -5.67%

SSE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 11, 2024 Jan 11, 2024 Jan 11, 2024 £0 0%
2 Jul 27, 2023 Jul 27, 2023 Jul 27, 2023 £67.70 3.98%
3 Nov 16, 2022 Jan 12, 2023 Mar 09, 2023 £29.00 1.68%
4 May 25, 2022 Jul 28, 2022 Sep 22, 2022 £60.20 3.50%
5 Nov 17, 2021 Jan 13, 2022 Mar 10, 2022 £25.50 1.53%

FAQ

What is the symbol for Seventy Seven Energy Inc Stock and on which exchange is it traded?
The symbol for Seventy Seven Energy Inc is SSE.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Seventy Seven Energy Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Seventy Seven Energy Inc Stock?
Seventy Seven Energy Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Seventy Seven Energy Inc Stock.

What's the current price of Seventy Seven Energy Inc Stock?
As of the end of day on the 2024-03-27, the price of an Seventy Seven Energy Inc (SSE.L) share was £1,658.00.

What is the 52-week high and low for Seventy Seven Energy Inc Stock?
The 52-week high for Seventy Seven Energy Inc Stock is £1,932.50 and the 52-week low is £1,485.00.

What is the market capitalization of Seventy Seven Energy Inc Stock?
As of the 2024-03-27, the market capitalization of Seventy Seven Energy Inc is 17.891B.

When is the next earnings date for Seventy Seven Energy Inc?
The upcoming earnings date for Seventy Seven Energy Inc is May 22, 2024.
Click to get the best stock tips daily for free!

About Seventy Seven Energy Inc

Seventy Seven Energy SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands. It ... SSE.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT