Previous Hold Today WAND.L ranks #2377 as HOLD CANDIDATE. Next Hold
Today WAND.L ranks #2377 as HOLD CANDIDATE.

WAND.L stock Wandisco Plc

WAND.L stock
Wandisco Plc

April 24, 2019
Change 1.69%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

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

Wandisco Plc Forecast and Stock Analysis

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

Hold candidate since 2019-04-24

Wandisco Plc gained 1.69% in the last trading day, rising from £590.00 to £600.00 The price has been going up and down for this period, and there has been a -2.44% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 85 273 more shares were traded than the day before. In total, 132 717 shares bought and sold for approximately £79.63 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the WAND.L stock was £600.00. This is 1.69% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 8.27% from a day low at £556.00 to a day high of £602.00.

30 day high of the WAND.L stock price was £680.00 and low was £544.00.
90 day high was £858.00 and low was £496.00.
52 week high for the Wandisco Plc - £1 250.00 and low - £330.00.

Trend

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 7.22% during the next 3 months and, with 90% probability hold a price between £581.06 and £874.94 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Tuesday April 23, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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 £600.57 and £646.00. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 43 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £519.00 and £518.00.

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, Wandisco Plc finds support just below today's level at £519.00. If this is broken, then the next support from accumulated volume will be at £518.00 and £516.00.

Support: £519.00 Price: £600.00 Resistance: £690.00

Risk

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 £46.00 between high and low, or 8.27%. For the last week, the stock has had a daily average volatility of 8.00%.

Our recommended stoploss: £563.78 (-6.04%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Wandisco Plc holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today WAND.L ranks #2377 as HOLD CANDIDATE. Next Hold
Today WAND.L ranks #2377 as HOLD CANDIDATE.