VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

UJO.L Forecast and Technical Stock Analysis

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Buy candidate since 2019-06-12 Gain 73.33%

Union Jack Oil Plc fell by -3.70% in the last day ( Friday, 19th Jul 2019 ) from £0.00 to £0.00 and has now fallen 4 days in a row. During the day the stock fluctuated 8.00% from a day low at £0.00 to a day high of £0.00. The price has been going up and down for this period, and there has been a 23.81% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -45.36 million shares and in total 122.37 million shares bought and sold for approximately £318 173.00.

Quick summary:

  • 30 day high of the UJO.L stock price was £0.00 and low was £0.00.
  • 90 day high was £0.00 and low was £0.00.
  • 52 week high for Union Jack Oil Plc - £0.15 and low - £0.00.
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Trend

Union Jack Oil Plc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 147.82% during the next 3 months and, with 90% probability hold a price between £0.01 and £0.01 at the end of this period.

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Signals

Union Jack Oil Plc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £0.00. On a fall, the stock will find some support from the long-term average at approximately £0.00. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday July 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Relative Strength Index (RSI)

RSImin/max Values: [ 20 - 85 ]

RSI14 is 71 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £0.00 and £0.00.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Union Jack Oil Plc finds support just below today's level at £0.00. If this is broken, then the next support from accumulated volume will be at £0.00 and £0.00.

Support: £0.00 Price: £0.00 Resistance: £0.00

Risk

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 8.00%. For the last week the stock has had a daily average volatility of 14.29%.

Our recommended stop-loss: £0.00 (-7.45%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 3 day(s) ago.)

14.29 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Downgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Will UJO.L stock price go up or down on Tue, 23 Jul 2019?

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