Stobart Group Limited Forecast and Stock Analysis
Technical STOB.L stock analysis for Monday June 24, 2019.
No changes to the price of Stobart Group Limited in the last trading day ( Monday, 24th Jun 2019 ). During day the stock fluctuated 0.00% from a day low at £108.00 to a day high of £108.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
- 30 day high of the STOB.L stock price was £134.60 and low was £105.80.
- 90 day high was £163.80 and low was £101.80.
- 52 week high for the Stobart Group Limited - £254.00 and low - £1.62.
Stobart Group Limited lies the upper part of a very wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £110.57 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -35.77% during the next 3 months and, with 90% probability hold a price between £55.11 and £71.02 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday June 03, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Stobart Group Limited holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £108.00 and £117.47. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 50 and the stock is currently not being overbought or oversold
Support & Resistance
Stobart Group Limited finds support from accumulated volume at £107.00.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.00%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
0.00 %Average volatility
Very Low Low Medium High Very High
Stobart Group Limited holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us