Today UPGS.L ranks # as BUY CANDIDATE.
Today UPGS.L ranks # as BUY CANDIDATE.

UPGS.L stock UP Global Sourcing Holdings Plc

UPGS.L stock
UP Global Sourcing Holdings Plc

April 24, 2019
Change 0.00%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will UPGS.L stock price go up or down on Fri, 26 Apr 2019?

UP Global Sourcing Holdings Plc Forecast and Stock Analysis

Technical UPGS.L stock analysis for April 24, 2019.

Buy candidate since 2019-04-15 Gain 2.23%

No changes to the price of UP Global Sourcing Holdings Plc in the last trading day. The price has been going up and down for this period, and there has been a 10.24% gain for the last 2 weeks.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the UPGS.L stock was £68.90.

During day the stock fluctuated 0.00% from a day low at £68.90 to a day high of £68.90.

30 day high of the UPGS.L stock price was £72.40 and low was £61.60.
90 day high was £72.40 and low was £55.00.
52 week high for the UP Global Sourcing Holdings Plc - £72.40 and low - £30.00.

Trend

UP Global Sourcing Holdings Plc lies in the upper part of a wide and weak rising 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 £70.17 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 7.31% during the next 3 months and, with 90% probability hold a price between £64.42 and £75.30 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

UP Global Sourcing Holdings 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 £69.14. On a fall, the stock will find some support from the long-term average at approximately £63.10. 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 Thursday April 18, 2019, which indicates further falls until a new bottom pivot has been found. 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.

The stock had a Golden Star Signal* on Thursday June 07, 2018 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

UP Global Sourcing Holdings Plc finds support from accumulated volume at £65.50.

Support: £65.50 Price: £68.90 Resistance: £69.70

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 0.00%. For the last week the stock has had a daily average volatility of 1.46%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: £66.16 (-3.97%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 72 and this increases the risk substantially. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Today UPGS.L ranks # as BUY CANDIDATE.
Today UPGS.L ranks # as BUY CANDIDATE.