XLON:ADL
Delisted

Andalas Energy and Power Plc Stock Forecast

£0.0020
+0 (+0%)
At Close: Mar 06, 2020
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.

Red day on Friday for Andalas Energy and Power Plc
(Updated on Mar 06, 2020)

Buy or Hold candidate since Feb 04, 2020 Gain 11.11% PDF

No changes to the price of Andalas Energy and Power Plc stock on the last trading day (Friday, 6th Mar 2020). During the last trading day the stock fluctuated 0% from a day low at £0.0020 to a day high of £0.0020. 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 27.79% during the next 3 months and, with a 90% probability hold a price between £0.0020 and £0.0033 at the end of this 3-month period.

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ADL.L Signals & Forecast

The Andalas Energy and Power 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 £0.0020 and £0.0018. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 20, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 Andalas Energy and Power Plc stock

On the downside, the stock finds support just below today's level from accumulated volume at £0.0018 and £0.0017. 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, Andalas Energy and Power Plc finds support just below today's level at £0.0018. If this is broken, then the next support from accumulated volume will be at £0.0017 and £0.0016.

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: £0.0019 (-6.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (ADL.L) For The Upcoming Trading Day Of Monday 9th

For the upcoming trading day on Monday, 9th we expect Andalas Energy and Power Plc to open at £0.0020, and during the day (based on 14 day Average True Range), to move between £0.0019 and £0.0021, which gives a possible trading interval of +/-£0.0001 (+/-5.37%) up or down from last closing price. If Andalas Energy and Power Plc takes out the full calculated possible swing range there will be an estimated 10.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £0.0021 (5.00%) than the support at £0.0018 (10.00%), 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 Andalas Energy and Power 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 Andalas Energy and Power Plc stock to perform well in the short-term.

Current score: 2.222 Buy Candidate Unchanged

Predicted Opening Price for Andalas Energy and Power Plc of Monday, March 9, 2020

Fair opening price March 9, 2020 Current price
£0.0020 ( 0%) £0.0020

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

Trading levels for ADL.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0020 .
R2 0.0020 .
R1 0.0020 .
Current price: 0.0020
Support S1 0.0020 .
S2 0.0020 .
S3 0.0020 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0.0024 20.00 %
R1 0.0021 5.00 %
Current price 0.0020
Support S1 0.0018 -10.00%
S2 0.0017 -15.00%
S3 0.0016 -20.00%

FAQ

What is the symbol for Andalas Energy and Power Plc Stock and on which exchange is it traded?
The symbol for Andalas Energy and Power Plc is ADL.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Andalas Energy and Power 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 Andalas Energy and Power Plc stock to perform well in the short-term.

How to buy Andalas Energy and Power Plc Stock?
Andalas Energy and Power 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 Andalas Energy and Power Plc Stock.

What's the current price of Andalas Energy and Power Plc Stock?
As of the end of day on the 2020-03-06, the price of an Andalas Energy and Power Plc (ADL.L) share was £0.0020.

What is the 52-week high and low for Andalas Energy and Power Plc Stock?
The 52-week high for Andalas Energy and Power Plc Stock is £0.0062 and the 52-week low is £0.0011.
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