Totally Plc Stock Forecast
Red day on Wednesday for Totally Plc
(Updated on Mar 27, 2024)
The Totally Plc stock price fell by -0.318% on the last day (Wednesday, 27th Mar 2024) from £5.15 to £5.13. During the last trading day the stock fluctuated 4.84% from a day low at £5.06 to a day high of £5.30. The price has fallen in 5 of the last 10 days and is down by -10.72% 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 -560 thousand shares and in total, 556 thousand shares were bought and sold for approximately £2.85 million.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £4.93 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.52% during the next 3 months and, with a 90% probability hold a price between £5.79 and £8.81 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
TLY.L Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Totally 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 £5.39 and £5.83. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, February 16, 2024, and so far it has fallen -26.66%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Totally Plc stock
Totally Plc finds support from accumulated volume at £5.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £0.245 between high and low, or 4.84%. For the last week, the stock has had daily average volatility of 8.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TLY.L) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Totally Plc to open at £5.16, and during the day (based on 14 day Average True Range), to move between £4.54 and £5.73, which gives a possible trading interval of +/-£0.595 (+/-11.58%) up or down from last closing price. If Totally Plc takes out the full calculated possible swing range there will be an estimated 23.16% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £5.00 (2.60%) than the resistance at £5.50 (7.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Totally Plc stock A Buy?
The Totally Plc stock holds several negative signals and despite the positive trend, we believe Totally Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.258 Sell Candidate Unchanged
Predicted Opening Price for Totally Plc of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
£5.16 ( 0.568%) | £5.13 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TLY.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 5.41 | 5.33 % | |
R2 | 5.31 | 3.51 % | ||
R1 | 5.26 | 2.39 % | ||
Current price: | 5.13 | |||
Support | S1 | 5.07 | -1.25 % | |
S2 | 5.01 | -2.38 % | ||
S3 | 4.92 | -4.20 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 6.25 | 21.75 % | |
R2 | 5.75 | 12.01 % | ||
R1 | 5.50 | 7.14 % | ||
Current price | 5.13 | |||
Support | S1 | 5.00 | -2.60% | |
S2 | 4.90 | -4.55% | ||
S3 | 4.40 | -14.29% |
TLY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 24, 2023 | Feb 02, 2023 | Feb 24, 2023 | £0.500 | 1.92% |
2 | Jul 12, 2022 | Sep 08, 2022 | Oct 12, 2022 | £0.500 | 1.67% |
3 | Jan 24, 2022 | Feb 03, 2022 | Feb 25, 2022 | £0.500 | 1.49% |
4 | Jul 06, 2021 | Sep 09, 2021 | Oct 13, 2021 | £0.250 | 0.730% |
5 | Jan 20, 2021 | Jan 28, 2021 | Feb 26, 2021 | £0.250 | 0.794% |
FAQ
Click here for our free guide on how to buy Totally Plc Stock.