WAND.L Forecast and Technical Stock Analysis
Hold candidate since 2019-08-16 Gain 2.86%
Wandisco Plc gained 2.86% in the last trading day ( Monday, 19th Aug 2019 ), rising from £4.90 to £5.04 During the day the stock fluctuated 4.78% from a day low at £4.81 to a day high of £5.04. The price has fallen in 8 of the last 10 days and is down by -11.27% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 50 640 more shares were traded than the day before. In total, 55 291 shares bought and sold for approximately £278 667.00.
- 30 day high of the WAND.L stock price was £6.10 and low was £4.80.
- 90 day high was £6.10 and low was £4.15.
- 52 week high for Wandisco Plc - £960.00 and low - £3.25.
Wandisco Plc lies in the middle of a very wide and weak 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 5.84% during the next 3 months and, with 90% probability hold a price between £4.89 and £6.34 at the end of this period.
A buy signal was issued from a pivot bottom point on Friday August 16, 2019, which indicates further gains until a new top pivot has been found. Wandisco Plc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Wandisco Plc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £5.05 and £5.29. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 85 ]
The stock currently holds a RSI14 at 19 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Wandisco Plc finds support from accumulated volume at £4.89.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £0.23 between high and low, or 4.78%. For the last week, the stock has had a daily average volatility of 5.74%.
Wandisco Plc is oversold on RSI14 (19). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: £4.72 (-6.29%) (This stock has medium daily movements and this gives medium risk. Low RSI14 is 19 which reduces the risk some. There is a buy signal from pivot bottom found 1 days ago.)
5.74 %Average volatility
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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!