Previous Hold Today VOD.L ranks #1801 as HOLD CANDIDATE. Next Hold
Today VOD.L ranks #1801 as HOLD CANDIDATE.

VOD.L stock Vodafone Group Public Limited Company

VOD.L stock
Vodafone Group Public Limited Company

April 18, 2019
Change -0.81%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Sell
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will VOD.L stock price go up or down on Tue, 23 Apr 2019?

Vodafone Group Public Limited Company Forecast and Stock Analysis

Technical VOD.L stock analysis for April 18, 2019.

Hold candidate since 2019-04-18
Shorts n/a
Cash n/a
Loans n/a
Beta 0.74
ROA -4.79

Vodafone Group Public Limited Company fell by -0.81% in the last day from £143.72 to £142.56 The price has fallen in 5 of the last 10 days and is down by -1.32% for this period. 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 -1.96 million shares and in total 62.43 million shares bought and sold for approximately £8 899.38 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the VOD.L stock was £142.56. This is 0.81% less than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 1.61% from a day low at £141.98 to a day high of £144.26.

30 day high of the VOD.L stock price was £148.06 and low was £137.54.
90 day high was £150.74 and low was £131.00.
52 week high for the Vodafone Group Public Limited Company - £214.60 and low - £131.00.

Trend

Given the current horizontal trend you can expect Vodafone Group Public Limited Company with 90% probability to be traded between £133.30 and £148.56 at the end of this period with 90% probability. 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 roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Vodafone Group Public Limited Company holds buy signals from both short- and long-term moving averages. In addition, 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 £141.51 and £140.64. A break down below any of these levels will issue sell signals. 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 Wednesday April 17, 2019, which indicates further falls 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.

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A buy signal from a double bottom formation was found on Thursday April 11, 2019 and based on theory for this formation the price should go up by 7.57% to £146.33 within 10 trading days since signal was issued (Monday April 29, 2019).

Relative Strength Index (RSI)

RSI14 is 58 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Vodafone Group Public Limited Company finds support from accumulated volume at £139.40.

Support: £139.40 Price: £142.56 Resistance: £143.56

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £2.28 (1.61%) between high and low. For the last week, the stock has had a daily average volatility of 1.74%.

Our recommended stoploss: £136.39 (-4.33%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Vodafone Group Public Limited Company holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Previous Hold Today VOD.L ranks #1801 as HOLD CANDIDATE. Next Hold
Today VOD.L ranks #1801 as HOLD CANDIDATE.