VOD.L Forecast and Technical Stock Analysis
Buy candidate since 2019-09-03 Gain 1.90% PDF
Vodafone Group Public Limited Company gained 0.63% in the last trading day ( Friday, 13th Sep 2019 ), rising from £1.60 to £1.61 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.25% from a day low at £1.60 to a day high of £1.62. The price has risen in 7 of the last 10 days and is up by 3.87% over the past 2 weeks. Volume fell in the last day by -13.39 million shares and in total, 54.20 million shares bought and sold for approximately £87.26 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the VOD.L stock price was £1.63 and low was £1.47.
- 90 day high was £1.63 and low was £1.23.
- 52 week high for Vodafone Group Public Limited Company - £165.40 and low - £1.22.
Vodafone Group Public Limited Company lies in the middle of a 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 27.23% during the next 3 months and, with 90% probability hold a price between £1.90 and £2.15 at the end of this period.
Only positive signals in the chart today. 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 £1.57 and £1.52. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday September 04, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 64 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 £1.51 and £1.50.
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, Vodafone Group Public Limited Company finds support just below today's level at £1.51. If this is broken, then the next support from accumulated volume will be at £1.50 and £1.29.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.02 (1.25%) between high and low. For the last week, the stock has had daily average volatility of 2.05%.
Our recommended stop-loss: £1.55 (-3.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 7 days ago.)
2.05 %Average volatility
Very Low Low Medium High Very High
Vodafone Group Public Limited Company holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!