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 KEFI.L
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Keweenaw Financial Corp stock price ended at £0.572 on Wednesday, after gaining 1.06%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 1.06% PDF

The Keweenaw Financial Corp stock price gained 1.06% on the last trading day (Wednesday, 27th Mar 2024), rising from £0.566 to £0.572. During the last trading day the stock fluctuated 6.79% from a day low at £0.560 to a day high of £0.598. The price has fallen in 6 of the last 10 days but is still up by 1.06% over the past 2 weeks. Volume fell on the last day by -29 million shares and in total, 18 million shares were bought and sold for approximately £10.27 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 £0.552 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.09% during the next 3 months and, with a 90% probability hold a price between £0.519 and £0.799 at the end of this 3-month period.

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KEFI.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 22, 2024, and so far it has risen 3.06%. 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). 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Keweenaw Financial Corp 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 £0.641. On a fall, the stock will find some support from the short-term average at £0.565. 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.

Support, Risk & Stop-loss for Keweenaw Financial Corp stock

Keweenaw Financial Corp finds support from accumulated volume at £0.570 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved £0.0380 between high and low, or 6.79%. For the last week, the stock has had daily average volatility of 5.82%.

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

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

For the upcoming trading day on Thursday, 28th we expect Keweenaw Financial Corp to open at £0.577, and during the day (based on 14 day Average True Range), to move between £0.524 and £0.620, which gives a possible trading interval of +/-£0.0482 (+/-8.42%) up or down from last closing price. If Keweenaw Financial Corp takes out the full calculated possible swing range there will be an estimated 16.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £0.570 (0.35%) than the resistance at £0.576 (0.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Keweenaw Financial Corp stock A Buy?

Keweenaw Financial Corp 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: -2.923 Sell Candidate Unchanged

Predicted Opening Price for Keweenaw Financial Corp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£0.577 ( 0.82%) £0.572

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

Trading levels for KEFI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.615 7.46 %
R2 0.600 4.92 %
R1 0.591 3.35 %
Current price: 0.572
Support S1 0.562 -1.72 %
S2 0.553 -3.29 %
S3 0.539 -5.83 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.669 16.96 %
R2 0.590 3.15 %
R1 0.576 0.699 %
Current price 0.572
Support S1 0.570 -0.350%
S2 0.566 -1.05%
S3 0.560 -2.10%

FAQ

What is the symbol for Keweenaw Financial Corp Stock and on which exchange is it traded?
The symbol for Keweenaw Financial Corp is KEFI.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Keweenaw Financial Corp Stock?
Keweenaw Financial Corp 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 Keweenaw Financial Corp Stock?
Keweenaw Financial Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Keweenaw Financial Corp Stock.

What's the current price of Keweenaw Financial Corp Stock?
As of the end of day on the 2024-03-27, the price of an Keweenaw Financial Corp (KEFI.L) share was £0.572.

What is the 52-week high and low for Keweenaw Financial Corp Stock?
The 52-week high for Keweenaw Financial Corp Stock is £1.23 and the 52-week low is £0.493.

What is the market capitalization of Keweenaw Financial Corp Stock?
As of the 2024-03-27, the market capitalization of Keweenaw Financial Corp is 32.931M.

When is the next earnings date for Keweenaw Financial Corp ?
The upcoming earnings date for Keweenaw Financial Corp is Jun 07, 2024.
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About Keweenaw Financial Corp

Keweenaw Financial  KEFI Gold and Copper Plc engages in the exploration and development of gold and copper deposits in the Arabian-Nubian Shield. The company primarily focuses on developing the Tulu Kapi Gold Project with a probable ore reserve of 1.05 million ounces and mineral resources totaling 1.7 million ounces located in Ethiopia. It also explores for precious and base metals, and other minerals. The company was formerly known as Kefi Minerals Plc and changed ... KEFI.L Profile

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