GB0003452173 - Common Stock
We assign a technical rating of 10 out of 10 to FGP. Both in the recent history as in the last year, FGP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, FGP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 133.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FGP in the last couple of days, which is a good sign.
The following trade can be suggested based on the decent technical rating and setup score.
|An entry @135.04. This is a Buy Stop order right above the resistance zone.||An exit @131.84. This is a Stop Loss order right below the support zone.||The worst case loss on the trade is limited to 3.20 points, which is 2.37%.||When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%.|
LON:FGP (8/10/2022, 2:57:52 PM)+1.05 (+0.78%)
|2 Weeks||3.29%||1 Month||6.39%|
|3 Month||21.31%||6 Month||27.99%|
|ATR Inc||-24%||Range Today||2.2|
|ST Trend||LT Trend|
|10 Day High||137.85||10 Day Low||128.1|
|20 Day High||137.85||20 Day Low||124.6|
|52 Week High||142.6||52 Week Low||82.75|
|CS1 End||133.34||CR1 Start||135.03|
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