RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WTAN.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Witan Investment Trust plc stock price ended at £249.00 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 24, 2024 Gain 7.33% PDF

No changes to the price of Witan Investment Trust plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0.92% from a day low at £247.22 to a day high of £249.50. The price has been going up and down for this period, and there has been a 2.05% gain for the last 2 weeks.

The stock lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £249.26 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.91% during the next 3 months and, with a 90% probability hold a price between £257.95 and £266.48 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

WTAN.L Signals & Forecast

The Witan Investment Trust plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 £247.43 and £242.31. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for Witan Investment Trust plc stock

Witan Investment Trust plc finds support from accumulated volume at £243.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £2.28 between high and low, or 0.92%. For the last week the stock has had daily average volatility of 1.21%.

Our recommended stop-loss: £240.29 (-3.50%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (WTAN.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Witan Investment Trust plc to open at £248.57, and during the day (based on 14 day Average True Range), to move between £246.20 and £251.80, which gives a possible trading interval of +/-£2.80 (+/-1.12%) up or down from last closing price. If Witan Investment Trust plc takes out the full calculated possible swing range there will be an estimated 2.25% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ £243.00, some £6.00 (2.41%) from the current price of £249.00, our system finds the risk reward attractive.

Is Witan Investment Trust plc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Witan Investment Trust plc stock to perform well in the short-term.

Current score: 2.859 Buy Candidate Unchanged

Predicted Opening Price for Witan Investment Trust plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£248.57 ( 0.172%) £249.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for WTAN.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 250.85 0.745 %
R2 249.98 0.395 %
R1 249.44 0.178 %
Current price: 249.00
Support S1 247.70 -0.522 %
S2 247.16 -0.738 %
S3 246.29 -1.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 249.00
Support S1 243.00 -2.41%
S2 233.50 -6.22%
S3 233.00 -6.43%

WTAN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Feb 22, 2024 Mar 15, 2024 £1.69 0.695%
2 Nov 23, 2023 Nov 23, 2023 Nov 23, 2023 £0.0145 0.0063%
3 Aug 24, 2023 Aug 24, 2023 Aug 24, 2023 £0.0145 0.0066%
4 May 18, 2023 May 18, 2023 May 18, 2023 £1.45 0.624%
5 Feb 07, 2023 Feb 23, 2023 Mar 17, 2023 £1.60 0.736%

FAQ

What is the symbol for Witan Investment Trust plc Stock and on which exchange is it traded?
The symbol for Witan Investment Trust plc is WTAN.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Witan Investment Trust plc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Witan Investment Trust plc stock to perform well in the short-term.

How to buy Witan Investment Trust plc Stock?
Witan Investment Trust plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Witan Investment Trust plc Stock.

What's the current price of Witan Investment Trust plc Stock?
As of the end of day on the 2024-03-27, the price of an Witan Investment Trust plc (WTAN.L) share was £249.00.

What is the 52-week high and low for Witan Investment Trust plc Stock?
The 52-week high for Witan Investment Trust plc Stock is £250.00 and the 52-week low is £209.00.

What is the market capitalization of Witan Investment Trust plc Stock?
As of the 2024-03-27, the market capitalization of Witan Investment Trust plc is 1.53B.

When is the next earnings date for Witan Investment Trust plc?
The upcoming earnings date for Witan Investment Trust plc is Aug 13, 2024.
Click to get the best stock tips daily for free!

About Witan Investment Trust plc

Witan Investment Trust plc Witan Investment Trust plc is a closed-ended equity mutual fund launched and managed by Witan Investment Services Limited. The fund is co-managed by Artemis Investment Management LLP, Lindsell Train Limited, Heronbridge Investment Management LLP, MFS International (UK) Limited, Veritas Asset Management LLP, Lansdowne Partners (UK) LLP, Marathon Asset Management, LLP, Matthews International Capital Management, LLC, Trilogy Global Advisors, LLC, Pz... WTAN.L Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT