Van Elle Holdings Plc Stock Forecast
Red day on Thursday for Van Elle Holdings Plc
(Updated on Apr 25, 2024)
No changes to the price of Van Elle Holdings Plc stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 2.14% from a day low at £33.29 to a day high of £34.00. The price has fallen in 5 of the last 10 days and is down by -9.46% for this period.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £32.78 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -10.72% during the next 3 months and, with a 90% probability hold a price between £29.27 and £33.09 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VANL.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 1.52%. Further rise is indicated 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. The Van Elle Holdings 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 £33.93 and £36.36. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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".
Support, Risk & Stop-loss for Van Elle Holdings Plc stock
Van Elle Holdings Plc finds support from accumulated volume at £33.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved £0.712 between high and low, or 2.14%. For the last week the stock has had daily average volatility of 4.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VANL.L) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Van Elle Holdings Plc to open at £33.60, and during the day (based on 14 day Average True Range), to move between £32.16 and £34.84, which gives a possible trading interval of +/-£1.34 (+/-4.00%) up or down from last closing price. If Van Elle Holdings Plc takes out the full calculated possible swing range there will be an estimated 7.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £33.00 (1.49%) than the resistance at £36.50 (8.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Van Elle Holdings Plc stock A Buy?
Van Elle Holdings Plc holds several negative signals and is within a 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.
Current score: -3.297 Sell Candidate Unchanged
Predicted Opening Price for Van Elle Holdings Plc of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| £33.60 ( 0.287%) | £33.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VANL.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34.31 | 2.41 % | |
| R2 | 34.04 | 1.60 % | ||
| R1 | 33.87 | 1.10 % | ||
| Current price: | 33.50 | |||
| Support | S1 | 33.32 | -0.525 % | |
| S2 | 33.16 | -1.03 % | ||
| S3 | 32.88 | -1.84 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 39.00 | 16.42 % | |
| R2 | 37.00 | 10.45 % | ||
| R1 | 36.50 | 8.96 % | ||
| Current price | 33.50 | |||
| Support | S1 | 33.00 | -1.49% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
VANL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 22, 2024 | Feb 22, 2024 | Mar 15, 2024 | £0.400 | 1.10% |
| 2 | Jan 25, 2023 | Feb 23, 2023 | Mar 17, 2023 | £0.400 | 0.88% |
| 3 | Aug 03, 2022 | Sep 15, 2022 | Oct 07, 2022 | £1.00 | 2.60% |
| 4 | Jan 22, 2020 | Feb 13, 2020 | Mar 27, 2020 | £0.200 | 0.645% |
| 5 | Jul 24, 2019 | Sep 05, 2019 | Sep 27, 2019 | £1.00 | 2.50% |
FAQ
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