XLMedia Plc Stock Forecast
XLMedia Plc stock price ended at £12.25 on Wednesday, after losing 0%.
(Updated on Apr 17, 2024)
No changes to the price of XLMedia Plc stock on the last trading day (Wednesday, 17th Apr 2024). During the last trading day the stock fluctuated 4.17% from a day low at £12.00 to a day high of £12.50. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the middle of a very wide and strong 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 76.60% during the next 3 months and, with a 90% probability hold a price between £14.29 and £25.86 at the end of this 3-month period.
XLM.L Signals & Forecast
The XLMedia 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 £12.14 and £9.56. A breakdown below any of these levels will issue sell signals. 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 Thursday, March 21, 2024, and so far it has fallen -5.04%. 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 fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".
Support, Risk & Stop-loss for XLMedia Plc stock
XLMedia Plc finds support from accumulated volume at £12.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved £0.500 between high and low, or 4.17%. For the last week the stock has had daily average volatility of 4.67%.
Our recommended stop-loss: £11.74 (-4.16%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (XLM.L) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect XLMedia Plc to open at £12.25, and during the day (based on 14 day Average True Range), to move between £11.60 and £12.90, which gives a possible trading interval of +/-£0.646 (+/-5.27%) up or down from last closing price. If XLMedia Plc takes out the full calculated possible swing range there will be an estimated 10.54% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £12.15 (0.82%) than the resistance at £12.50 (2.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is XLMedia 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 XLMedia Plc stock to perform well in the short-term.
Current score: 2.089 Buy Candidate Unchanged
Predicted Opening Price for XLMedia Plc of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| £12.25 ( 0%) | £12.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XLM.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12.75 | 4.08 % | |
| R2 | 12.56 | 2.52 % | ||
| R1 | 12.44 | 1.56 % | ||
| Current price: | 12.25 | |||
| Support | S1 | 12.06 | -1.56 % | |
| S2 | 11.94 | -2.52 % | ||
| S3 | 11.75 | -4.08 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 12.90 | 5.31 % | ||
| R1 | 12.50 | 2.04 % | ||
| Current price | 12.25 | |||
| Support | S1 | 12.15 | -0.82% | |
| S2 | 12.00 | -2.04% | ||
| S3 | 11.75 | -4.08% |
XLM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 23, 2019 | Oct 03, 2019 | Nov 01, 2019 | £2.53 | 4.37% |
| 2 | Mar 26, 2019 | Apr 04, 2019 | May 03, 2019 | £3.04 | 5.99% |
| 3 | Sep 24, 2018 | Oct 04, 2018 | Nov 02, 2018 | £2.27 | 2.44% |
| 4 | Mar 13, 2018 | Mar 22, 2018 | Apr 20, 2018 | £3.71 | 2.20% |
| 5 | Sep 11, 2017 | Sep 21, 2017 | Oct 13, 2017 | £4.02 | 2.38% |
FAQ
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