Analysis News

  • The best newsletter in the market
  • Customisable and personal
  • By e-mail every morning, for free

Receive Analysis News:

EMail:

Free daily newsletter every morning

Content
Signals
All indicators - Medium term
Prudential PLCMay 3, 2024
Flutter EntertainmentMay 3, 2024
Compass Group PlcMay 3, 2024
CRHMay 3, 2024
InterContinental HotelMay 3, 2024

The market showed a small gain Friday, and UK 100 (CBOE) ended the day at 820 points, which is an increase of 0.5 percent. The week as a whole showed a gain of 0.8 percent. The index has thereby closed up ten out of the past 13 days.

1232 shares showed a gain and 551 showed a loss. 141 shares were unchanged and closed at the same price as the previous day. There was no trading in 202 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 517.0 billion.

Anglo American PLC moved up and ended at 2731 pence, which is an increase of 2.9 percent. The stock has not closed higher since Apr 2023. It also looks good technically. The stock has support at 2280 pence.
RELX PLC closed at 3358 pence after a solid gain of 3.0 percent. We must go back to Jul 27. 2023 to find an equally strong rise. That time the stock gained 4.9 percent. The stock is trend wise positive in the medium term.
Prudential PLC closed at 750 pence after a solid gain of 5.4 percent. The stock has never gained more in one day since Jun 2. 2023, when it was up 5.4 percent. The stock is trend wise negative in the medium term.
Phoenix Group Holdings Plc closed at 515 pence after posting a gain of 5.5 percent. The previous time the stock gained this much was May 26. 2020, when it closed up 6.1 percent. The volume was also high. At session end it was bought and sold shares for about 6942 million pence in the stock, which equals four times mean daily turnover. Technically it also looks good. The stock is assessed as technically positive for the medium long term.
HSBC Holdings PLC increased slightly 0.2 percent and ended the day at 707 pence. The stock has now risen for the sixth day in a row and this past week the stock has gained as much as 6.5 percent. It also looks good technically. The stock is trend wise positive in the medium term, has support at 635 pence and a further increase is indicated.

US 500 rises on Thursday
The market moved up Thursday, and S&P 500 ended at 5064 points, which is an increase of 0.9 percent.

Indices
UK 100 (CBOE)
arrow green   Positive Candidate
UK 100 (CBOE) has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. It also gave positive signal from the rectangle formation at the break up through the resistance at 774. Further rise to 821 or more is signaled. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 792 points. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically positive for the medium long term.
S&P 500
arrow green   Weak Positive Candidate
S&P 500 has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has support at points 4600 and resistance at points 5250. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically slightly positive for the medium long term.
Today´s Case
Compass Group Plc (CPG) Price 2244.00, May 3, 2024
chart
Compass Group Plc is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock has marginally broken up through resistance at pence 2240. An established break predicts a further rise. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX0.99%887.44
CAC400.54%7957.57
COMPX1.51%15841.00
DAX0.59%18002
HEX0.60%9966.99
N1000.52%1504.89
OMXC25GI0.36%2185.56
OMXSPI0.76%954.50
OSEBX0.50%1371.30
PSI200.75%6665.17
TECDAX0.81%3266.22
BUK100P0.46%819.94
EURUSD0.53%1.0800
CL (OIL)-0.06%78.95
Indices Evaluations
 SML
AEXpospospos
CAC40pospospos
COMPXneutralposneutral
DAXpospospos
HEXposposneutral
N100posneutralpos
OMXC25GIpospospos
OMXSPIpospospos
OSEBXpospospos
PSI20pospospos
TECDAXnegneutralneutral
BUK100Ppospospos
EURUSDnegpospos
CL (OIL)neutralposneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
FTSE 100 - Medium term
 
      
54% 23% 23%
 53 Buy Candidates
 23 Neutral
 22 Sell Candidates
Disclaimer Copyright © 2024 Investtech.com AS, Org nr 978 655 424 MVA


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Cancel Analysis News
[ Back to default newsletter setup ]

Edit AnalysisNews

Register as a recipient of AnalysisNews in order to customise the content.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

×

Please login here

 
Forgot your password?

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google