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Royal Mail plc (RMG.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017Bullish EngulfingHammerFri, 10 Nov 20175.74%
***Stock database and scans are updated around midnight (London time) every trading day.
400.00 0.00 (0%) Nov 20 9:00pm BST
Open: 394.20 Range: 392.70 - 400.90 Vol: 3.76M Avg Vol: 4.21M
EPS: 27.30 P/E ratio: 13.58 EBITDA: 845.00M Mkt Cap: 3.67B
Analyze "RMG.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 392.52
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 382.43
Last Trade is above the 50 day moving average at 382.80
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 405.66
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of RMG.L

Stock Trend Analysis - Buy, Sell or Hold "Royal Mail plc" (RMG.L)?

RMG.L is in a very strong downtrend. For the last 52 weeks, RMG.L has maintained to stay firmly below the 200 day moving average for 100% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for RMG.L is also extremely bearish and weak, having traded almost 89% of the time below the 50 day moving average. The 20 day moving average is in a trading range, however, it exhibits a bullish bias. RMG.L may experience some profit taking and it is unclear how strong buying support will be for this stock as objectively, it is still in a strong long term downtrend with the 200 SMA currently at 405.66. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "RMG.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 20 Nov 2017
United Kingdom Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance