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 TRCS.L
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Weaker technical forecast for Tracsis plc as stock downgraded to Sell Candidate.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

No changes to the price of Tracsis plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 1.10% from a day low at £910.00 to a day high of £920.00. The price has been going up and down for this period, and there has been a 1.67% gain for the last 2 weeks.

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 £924.43 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Tracsis plc stock with a 90% probability to be traded between £844.51 and £922.72 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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TRCS.L Signals & Forecast

The Tracsis 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 £915.00 and £908.64. A breakdown below any of these levels will issue sell signals. The volume rose on the last day while price remained unchanged. This may be an early warning and 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. A sell signal was issued from a pivot top point on Tuesday, February 27, 2024, and so far it has fallen -1.08%. 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).

Support, Risk & Stop-loss for Tracsis plc stock

Tracsis plc finds support from accumulated volume at £910.00 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 £10.00 between high and low, or 1.10%. For the last week the stock has had daily average volatility of 3.22%.

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

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

For the upcoming trading day on Thursday, 28th we expect Tracsis plc to open at £915.00, and during the day (based on 14 day Average True Range), to move between £890.95 and £939.05, which gives a possible trading interval of +/-£24.05 (+/-2.63%) up or down from last closing price. If Tracsis plc takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £918.00 (0.33%) than the support at £910.00 (0.55%), 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 Tracsis plc stock A Buy?

Tracsis plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.340 Sell Candidate Downgraded

Predicted Opening Price for Tracsis plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£915.00 ( 0%) £915.00

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

Trading levels for TRCS.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 925.00 1.09 %
R2 921.18 0.675 %
R1 918.82 0.417 %
Current price: 915.00
Support S1 911.18 -0.417 %
S2 908.82 -0.675 %
S3 905.00 -1.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 925.00 1.09 %
R2 920.00 0.546 %
R1 918.00 0.328 %
Current price 915.00
Support S1 910.00 -0.546%
S2 890.00 -2.73%
S3 880.00 -3.83%

TRCS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Jan 25, 2024 Jan 25, 2024 £0 0%
2 Apr 20, 2023 Apr 20, 2023 Apr 20, 2023 £1.00 0.108%
3 Nov 09, 2022 Jan 26, 2023 Feb 10, 2023 £1.10 0.113%
4 Apr 07, 2022 Apr 14, 2022 May 06, 2022 £0.90 0.0855%
5 Nov 14, 2019 Jan 30, 2020 Feb 14, 2020 £1.00 0.127%

FAQ

What is the symbol for Tracsis plc Stock and on which exchange is it traded?
The symbol for Tracsis plc is TRCS.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Tracsis plc Stock?
Tracsis plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Tracsis plc Stock?
Tracsis 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 Tracsis plc Stock.

What's the current price of Tracsis plc Stock?
As of the end of day on the 2024-03-27, the price of an Tracsis plc (TRCS.L) share was £915.00.

What is the 52-week high and low for Tracsis plc Stock?
The 52-week high for Tracsis plc Stock is £1,030.00 and the 52-week low is £690.00.

What is the market capitalization of Tracsis plc Stock?
As of the 2024-03-27, the market capitalization of Tracsis plc is 274.833M.

When is the next earnings date for Tracsis plc?
The upcoming earnings date for Tracsis plc is Apr 24, 2024.
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About Tracsis plc

Tracsis plc Tracsis plc, together with its subsidiaries, provides software and hardware products, and consultancy services for the rail industry. The company operates in two segments, Rail Technology and Services; and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment provides a suite of operational software products covering timetabling, resource and rolling stock planning and optimization, real time performance and control, servi... TRCS.L Profile

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