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 ICP.L
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Red day on Wednesday for Intermediate Capital Group
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 24, 2024 Gain 25.84% PDF

The Intermediate Capital Group stock price fell by -1.86% on the last day (Wednesday, 27th Mar 2024) from £2,099.00 to £2,060.00. During the last trading day the stock fluctuated 1.85% from a day low at £2,056.00 to a day high of £2,094.00. The price has risen in 6 of the last 10 days and is up by 3% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -74 thousand shares and in total, 950 thousand shares were bought and sold for approximately £1.96 billion.

The stock lies in the middle of a 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 31.80% during the next 3 months and, with a 90% probability hold a price between £2,587.71 and £2,777.02 at the end of this 3-month period.

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ICP.L Signals & Forecast

The Intermediate Capital Group 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 £2,047.29 and £1,925.76. 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 Tuesday, March 26, 2024, and so far it has fallen -1.86%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Intermediate Capital Group stock

Intermediate Capital Group finds support from accumulated volume at £1,999.50 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 £38.00 between high and low, or 1.85%. For the last week, the stock has had daily average volatility of 1.98%.

Our recommended stop-loss: £1,969.65 (-4.39%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Thursday, 28th we expect Intermediate Capital Group to open at £2,070.00, and during the day (based on 14 day Average True Range), to move between £2,024.12 and £2,095.88, which gives a possible trading interval of +/-£35.88 (+/-1.74%) up or down from last closing price. If Intermediate Capital Group takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £2,062.00 (0.10%) than the support at £1,999.50 (2.94%), 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 Intermediate Capital Group 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 Intermediate Capital Group stock to perform well in the short-term.

Current score: 2.742 Buy Candidate Unchanged

Predicted Opening Price for Intermediate Capital Group of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£2,070.00 ( 0.485%) £2,060.00

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

Trading levels for ICP.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,108.00 2.33 %
R2 2,093.48 1.63 %
R1 2,084.52 1.19 %
Current price: 2,060.00
Support S1 2,055.48 -0.219 %
S2 2,046.52 -0.655 %
S3 2,032.00 -1.36 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2,099.00 1.89 %
R2 2,096.00 1.75 %
R1 2,062.00 0.0971 %
Current price 2,060.00
Support S1 1,999.50 -2.94%
S2 1,753.00 -14.90%
S3 1,614.00 -21.65%

ICP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 07, 2023 Dec 07, 2023 Dec 07, 2023 £0 0%
2 Jun 15, 2023 Jun 15, 2023 Jun 15, 2023 £52.20 3.70%
3 Nov 17, 2022 Dec 08, 2022 Jan 09, 2023 £25.30 2.02%
4 May 26, 2022 Jun 16, 2022 Aug 05, 2022 £57.30 3.87%
5 Nov 16, 2021 Dec 09, 2021 Jan 10, 2022 £18.70 0.91%

FAQ

What is the symbol for Intermediate Capital Group Stock and on which exchange is it traded?
The symbol for Intermediate Capital Group is ICP.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Intermediate Capital Group 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 Intermediate Capital Group stock to perform well in the short-term.

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

What's the current price of Intermediate Capital Group Stock?
As of the end of day on the 2024-03-27, the price of an Intermediate Capital Group (ICP.L) share was £2,060.00.

What is the 52-week high and low for Intermediate Capital Group Stock?
The 52-week high for Intermediate Capital Group Stock is £2,109.00 and the 52-week low is £1,152.00.

What is the market capitalization of Intermediate Capital Group Stock?
As of the 2024-03-27, the market capitalization of Intermediate Capital Group is 5.873B.

When is the next earnings date for Intermediate Capital Group?
The upcoming earnings date for Intermediate Capital Group is May 23, 2024.
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About Intermediate Capital Group

Intermediate Capital Group Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition financ... ICP.L Profile

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