Stronger Sell Today WPP ranks #3319 as SELL CANDIDATE. Weaker Sell
Today WPP ranks #3319 as SELL CANDIDATE.

WPP stock WPP plc

WPP stock
WPP plc

April 24, 2019
Change -2.78%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will WPP stock price go up or down on Fri, 26 Apr 2019?

WPP plc Forecast and Stock Analysis

Technical WPP stock analysis for April 24, 2019.

Sell candidate since 2019-04-24
Shorts 0.89% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.03
ROA 3.15

WPP plc fell by -2.78% in the last day from $60.36 to $58.68 The price has risen in 7 of the last 10 days and is up by 3.49% over the past 2 weeks. Volume has increased in the last day by 151 209 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 344 439 shares bought and sold for approximately $20.21 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the WPP stock was $58.68. This is 2.78% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.28% from a day low at $58.57 to a day high of $59.32.

30 day high of the WPP stock price was $60.76 and low was $52.58.
90 day high was $60.76 and low was $50.91.
52 week high for the WPP plc - $92.25 and low - $50.31.

Trend

WPP plc lies in the middle of a 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 3.7% during the next 3 months and, with 90% probability hold a price between $55.41 and $62.73 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Thursday April 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. WPP plc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $59.55. On a fall, the stock will find some support from the long-term average at approximately $56.50. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.

The stock had a Golden Star Signal* on Wednesday March 13, 2019 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 65 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

WPP plc finds support from accumulated volume at $57.30.

Support: $57.30 Price: $58.68 Resistance: $59.86

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 $0.75 between high and low, or 1.28%. For the last week, the stock has had a daily average volatility of 1.13%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

WPP plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. 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 Sell Candidate.

Stronger Sell Today WPP ranks #3319 as SELL CANDIDATE. Weaker Sell
Today WPP ranks #3319 as SELL CANDIDATE.