YOLO Leisure and Technology Plc Stock Forecast
Red day on Tuesday for YOLO Leisure and Technology Plc
(Updated on Jan 14, 2020)
No changes to the price of YOLO Leisure and Technology Plc stock on the last trading day (Tuesday, 14th Jan 2020). During the last trading day the stock fluctuated 0% from a day low at £0.188 to a day high of £0.188. 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 170.92% during the next 3 months and, with a 90% probability hold a price between £0.436 and £0.570 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.
YOLO.L Signals & Forecast
The YOLO Leisure and Technology 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 £0.188 and £0.153. 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 Monday, January 13, 2020, and so far it has fallen 0%. 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". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for YOLO Leisure and Technology Plc stock
On the downside, the stock finds support just below today's level from accumulated volume at £0.160 and £0.155. There is a 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, YOLO Leisure and Technology Plc finds support just below today's level at £0.160. If this is broken, then the next support from accumulated volume will be at £0.155 and £0.150.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: £0.180 (-4.00%) (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 (YOLO.L) For The Upcoming Trading Day Of Wednesday 15th
For the upcoming trading day on Wednesday, 15th we expect YOLO Leisure and Technology Plc to open at £0.188, and during the day (based on 14 day Average True Range), to move between £0.182 and £0.193, which gives a possible trading interval of +/-£0.0050 (+/-2.68%) up or down from last closing price. If YOLO Leisure and Technology Plc takes out the full calculated possible swing range there will be an estimated 5.35% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ £0.160, some £0.0275 (14.67%) from the current price of £0.188, our system finds the risk reward attractive.
Is YOLO Leisure and Technology 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 YOLO Leisure and Technology Plc stock to perform well in the short-term.
Current score: 2.488 Buy Candidate Unchanged
Predicted Opening Price for YOLO Leisure and Technology Plc of Wednesday, January 15, 2020
Fair opening price January 15, 2020 | Current price |
---|---|
£0.188 ( 0%) | £0.188 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YOLO.L
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0.188 | . | |
R2 | 0.188 | . | ||
R1 | 0.188 | . | ||
Current price: | 0.188 | |||
Support | S1 | 0.188 | . | |
S2 | 0.188 | . | ||
S3 | 0.188 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 0 | . | ||
Current price | 0.188 | |||
Support | S1 | 0.160 | -14.67% | |
S2 | 0.155 | -17.33% | ||
S3 | 0.150 | -20.00% |
FAQ
Click here for our free guide on how to buy YOLO Leisure and Technology Plc Stock.