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.
AI Analysis of CWR.L
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Volatile ride for Ceres Power Holdings Plc stock price on Wednesday moving between £130.90 and £144.40
(Updated on Mar 27, 2024)

Sell candidate since Mar 11, 2024 Loss -13.81% PDF

The Ceres Power Holdings Plc stock price gained 5.28% on the last trading day (Wednesday, 27th Mar 2024), rising from £136.40 to £143.60. During the last trading day the stock fluctuated 10.31% from a day low at £130.90 to a day high of £144.40. The price has fallen in 6 of the last 10 days and is down by -2.11% for this period. Volume fell on the last day by -125 thousand shares and in total, 302 thousand shares were bought and sold for approximately £43.31 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £131.12 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.25% during the next 3 months and, with a 90% probability hold a price between £107.18 and £177.82 at the end of this 3-month period.

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CWR.L Signals & Forecast

There are mixed signals in the stock today. The Ceres Power Holdings Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £161.09. On a fall, the stock will find some support from the short-term average at £137.09. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, March 21, 2024, and so far it has risen 7.00%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Ceres Power Holdings Plc stock

Ceres Power Holdings Plc finds support from accumulated volume at £137.00 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £13.50 between high and low, or 10.31%. For the last week, the stock has had daily average volatility of 8.47%.

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

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

For the upcoming trading day on Thursday, 28th we expect Ceres Power Holdings Plc to open at £139.63, and during the day (based on 14 day Average True Range), to move between £129.81 and £157.39, which gives a possible trading interval of +/-£13.79 (+/-9.60%) up or down from last closing price. If Ceres Power Holdings Plc takes out the full calculated possible swing range there will be an estimated 19.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £137.00 (4.60%) than the resistance at £157.70 (9.82%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ceres Power Holdings Plc stock A Buy?

Ceres Power Holdings Plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.981 Sell Candidate Unchanged

Predicted Opening Price for Ceres Power Holdings Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£139.63 ( 2.76%) £143.60

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

Trading levels for CWR.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 153.13 6.64 %
R2 147.98 3.05 %
R1 144.79 0.83 %
Current price: 143.60
Support S1 134.48 -6.35 %
S2 131.29 -8.57 %
S3 126.13 -12.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 171.60 19.50 %
R2 166.50 15.95 %
R1 157.70 9.82 %
Current price 143.60
Support S1 137.00 -4.60%
S2 135.40 -5.71%
S3 134.20 -6.55%

FAQ

What is the symbol for Ceres Power Holdings Plc Stock and on which exchange is it traded?
The symbol for Ceres Power Holdings Plc is CWR.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Ceres Power Holdings Plc Stock?
Ceres Power Holdings Plc holds several negative signals and we believe that 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 Ceres Power Holdings Plc Stock?
Ceres Power Holdings 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 Ceres Power Holdings Plc Stock.

What's the current price of Ceres Power Holdings Plc Stock?
As of the end of day on the 2024-03-27, the price of an Ceres Power Holdings Plc (CWR.L) share was £143.60.

What is the 52-week high and low for Ceres Power Holdings Plc Stock?
The 52-week high for Ceres Power Holdings Plc Stock is £444.80 and the 52-week low is £127.50.

What is the market capitalization of Ceres Power Holdings Plc Stock?
As of the 2024-03-27, the market capitalization of Ceres Power Holdings Plc is 277.171M.

When is the next earnings date for Ceres Power Holdings Plc?
The upcoming earnings date for Ceres Power Holdings Plc is Sep 26, 2024.
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About Ceres Power Holdings Plc

Ceres Power Holdings Plc Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen. Its products are applied in commercial, data center, transport, and residential markets. Ceres Powe... CWR.L Profile

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