Worldwide Healthcare Trust Plc Stock Forecast
Red day on Thursday for Worldwide Healthcare Trust Plc stock after losing 0.151%
(Updated on Apr 18, 2024)
The Worldwide Healthcare Trust Plc stock price fell by -0.151% on the last day (Thursday, 18th Apr 2024) from £330.50 to £330.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.07% from a day low at £326.70 to a day high of £330.20. The price has fallen in 5 of the last 10 days but is still up by 0.46% over the past 2 weeks. Volume has increased on the last day by 150 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 957 thousand shares were bought and sold for approximately £315.70 million.
The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £328.96 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.01% during the next 3 months and, with a 90% probability hold a price between £348.73 and £359.07 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.
WWH.L Signals & Forecast
A sell signal was issued from a pivot top point on Tuesday, April 02, 2024, and so far it has fallen -1.49%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Worldwide Healthcare Trust Plc stock holds a sell 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 giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £332.07. On a fall, the stock will find some support from the long-term average at approximately £329.67. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for Worldwide Healthcare Trust Plc stock
Worldwide Healthcare Trust Plc finds support from accumulated volume at £329.50 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 £3.50 between high and low, or 1.07%. For the last week the stock has had daily average volatility of 1.22%.
Our recommended stop-loss: £318.85 (-3.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (WWH.L) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Worldwide Healthcare Trust Plc to open at £328.97, and during the day (based on 14 day Average True Range), to move between £325.82 and £334.18, which gives a possible trading interval of +/-£4.18 (+/-1.27%) up or down from last closing price. If Worldwide Healthcare Trust Plc takes out the full calculated possible swing range there will be an estimated 2.53% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £330.50 (0.15%) than the support at £329.50 (0.15%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Worldwide Healthcare Trust Plc stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.539 Buy Candidate Unchanged
Predicted Opening Price for Worldwide Healthcare Trust Plc of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| £328.97 ( 0.314%) | £330.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WWH.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 332.47 | 0.748 % | |
| R2 | 331.13 | 0.343 % | ||
| R1 | 330.30 | 0.0921 % | ||
| Current price: | 330.00 | |||
| Support | S1 | 327.63 | -0.719 % | |
| S2 | 326.80 | -0.97 % | ||
| S3 | 325.46 | -1.38 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 333.00 | 0.91 % | |
| R2 | 331.50 | 0.455 % | ||
| R1 | 330.50 | 0.152 % | ||
| Current price | 330.00 | |||
| Support | S1 | 329.50 | -0.152% | |
| S2 | 326.50 | -1.06% | ||
| S3 | 313.00 | -5.15% |
WWH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 23, 2023 | Nov 23, 2023 | Nov 23, 2023 | £0.700 | 0.236% |
| 2 | Jun 08, 2023 | Jun 08, 2023 | Jun 08, 2023 | £24.00 | 7.43% |
| 3 | Nov 16, 2022 | Nov 24, 2022 | Jan 11, 2023 | £7.00 | 2.18% |
| 4 | May 26, 2022 | Jun 09, 2022 | Jul 15, 2022 | £19.50 | 5.89% |
| 5 | Nov 10, 2021 | Nov 18, 2021 | Jan 11, 2022 | £7.00 | 2.06% |
FAQ
Click here for our free guide on how to buy Worldwide Healthcare Trust Plc Stock.
