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 IBST.L
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Red day on Wednesday for Ib plc
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Gain 2.09% PDF

No changes to the price of Ib plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £151.50 to a day high of £151.50. The price has risen in 5 of the last 10 days and is up by 0.73% over the past 2 weeks.

The stock lies in the middle of a wide and weak 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 4.55% during the next 3 months and, with a 90% probability hold a price between £151.59 and £178.60 at the end of this 3-month period.

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IBST.L Signals & Forecast

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 Ib 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 £155.51. On a fall, the stock will find some support from the short-term average at £149.07. 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. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 Ib plc stock

Ib plc finds support from accumulated volume at £150.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 3.29%

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

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

For the upcoming trading day on Thursday, 28th we expect Ibstock plc to open at £151.50, and during the day (based on 14 day Average True Range), to move between £146.49 and £156.51, which gives a possible trading interval of +/-£5.01 (+/-3.30%) up or down from last closing price. If Ibstock plc takes out the full calculated possible swing range there will be an estimated 6.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £151.60 (0.07%) than the support at £150.00 (0.99%), 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 Ibstock plc stock A Buy?

Ib 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: -3.303 Sell Candidate Unchanged

Predicted Opening Price for Ibstock plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£151.50 ( 0%) £151.50

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

Trading levels for IBST.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 151.50 .
R2 151.50 .
R1 151.50 .
Current price: 151.50
Support S1 151.50 .
S2 151.50 .
S3 151.50 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 153.70 1.45 %
R2 151.80 0.198 %
R1 151.60 0.0660 %
Current price 151.50
Support S1 150.00 -0.99%
S2 149.00 -1.65%
S3 142.10 -6.20%

IBST Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 May 09, 2024 May 31, 2024 £3.60 2.37%
2 Mar 08, 2023 Apr 20, 2023 May 12, 2023 £5.50 3.33%
3 Jul 27, 2022 Aug 18, 2022 Sep 13, 2022 £3.30 1.69%
4 Mar 09, 2022 Apr 14, 2022 May 13, 2022 £5.00 2.75%
5 Aug 04, 2021 Aug 12, 2021 Sep 17, 2021 £2.50 1.16%

FAQ

What is the symbol for Ibstock plc Stock and on which exchange is it traded?
The symbol for Ibstock plc is IBST.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Ibstock plc Stock?
Ib 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 Ibstock plc Stock?
Ibstock 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 Ibstock plc Stock.

What's the current price of Ibstock plc Stock?
As of the end of day on the 2024-03-27, the price of an Ibstock plc (IBST.L) share was £151.50.

What is the 52-week high and low for Ibstock plc Stock?
The 52-week high for Ibstock plc Stock is £179.20 and the 52-week low is £118.00.

What is the market capitalization of Ibstock plc Stock?
As of the 2024-03-27, the market capitalization of Ibstock plc is 595.545M.

When is the next earnings date for Ibstock plc?
The upcoming earnings date for Ibstock plc is Jul 31, 2024.
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About Ibstock plc

Ibstock plc Ibstock plc manufactures and sells clay and concrete building products and solutions primarily in the United Kingdom. Its principal products include clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete, and concrete rail products. The company provides facing bricks, special bricks, walling stones, architectural masonry products, facade systems, retaining walls, sills and a... IBST.L Profile

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