RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AST.L
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Red day on Wednesday for Asterias Biotherapeutics, Inc
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 PDF

The Asterias Biotherapeutics, Inc stock price fell by -1.51% on the last day (Wednesday, 27th Mar 2024) from £2.65 to £2.61. During the last trading day the stock fluctuated 2.35% from a day low at £2.55 to a day high of £2.61. The price has fallen in 5 of the last 10 days and is down by -3.33% for this period. Volume has increased on the last day by 207 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, 217 thousand shares were bought and sold for approximately £565.39 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.09% during the next 3 months and, with a 90% probability hold a price between £1.73 and £2.65 at the end of this 3-month period.

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AST.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, February 22, 2024, and so far it has risen 9.43%. Further rise is indicated until a new top pivot has been found. 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. The Asterias Biotherapeutics, Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £2.69 and £2.75. A break-up above any of these levels will issue buy signals. Asterias Biotherapeutics, Inc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Asterias Biotherapeutics, Inc stock

Asterias Biotherapeutics, Inc finds support from accumulated volume at £2.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £0.0600 between high and low, or 2.35%. For the last week, the stock has had daily average volatility of 7.52%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect Asterias Biotherapeutics, Inc to open at £2.59, and during the day (based on 14 day Average True Range), to move between £2.39 and £2.83, which gives a possible trading interval of +/-£0.220 (+/-8.44%) up or down from last closing price. If Asterias Biotherapeutics, Inc takes out the full calculated possible swing range there will be an estimated 16.89% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £2.60 (0.38%) than the resistance at £2.80 (7.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Asterias Biotherapeutics, Inc stock A Buy?

Asterias Biotherapeutics, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.152 Sell Candidate Unchanged

Predicted Opening Price for Asterias Biotherapeutics, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£2.59 ( 0.766%) £2.61

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

Trading levels for AST.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.65 1.53 %
R2 2.63 0.654 %
R1 2.61 0.112 %
Current price: 2.61
Support S1 2.57 -1.64 %
S2 2.55 -2.19 %
S3 2.53 -3.07 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.90 11.11 %
R2 2.85 9.20 %
R1 2.80 7.28 %
Current price 2.61
Support S1 2.60 -0.383%
S2 2.59 -0.84%
S3 2.40 -8.05%

FAQ

What is the symbol for Asterias Biotherapeutics, Inc Stock and on which exchange is it traded?
The symbol for Asterias Biotherapeutics, Inc is AST.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Asterias Biotherapeutics, Inc Stock?
Asterias Biotherapeutics, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Asterias Biotherapeutics, Inc Stock?
Asterias Biotherapeutics, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Asterias Biotherapeutics, Inc Stock.

What's the current price of Asterias Biotherapeutics, Inc Stock?
As of the end of day on the 2024-03-27, the price of an Asterias Biotherapeutics, Inc (AST.L) share was £2.61.

What is the 52-week high and low for Asterias Biotherapeutics, Inc Stock?
The 52-week high for Asterias Biotherapeutics, Inc Stock is £4.19 and the 52-week low is £2.21.

What is the market capitalization of Asterias Biotherapeutics, Inc Stock?
As of the 2024-03-27, the market capitalization of Asterias Biotherapeutics, Inc is 5.445M.

When is the next earnings date for Asterias Biotherapeutics, Inc?
The upcoming earnings date for Asterias Biotherapeutics, Inc is Jun 27, 2024.
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About Asterias Biotherapeutics, Inc

Asterias Biotherapeutics Ascent Resources Plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company in Slovenia and the United Kingdom. It primarily holds a 75% interest in the Petisvoci Tight gas project located in north-eastern Slovenia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.... AST.L Profile

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