Ashtead Group (AHT)

Sell: 5,624.00p

Buy: 5,688.00p

Change: -168.00p | -2.88%

Last updated 16:16 01/05/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Strong Bearish
Long term:

Neutral

Short term comment

The technical price analysis can be skewed as bullish but very close to the support and critical area that today generates the upward guideline in 5316 levels. The 5316 - 5248.5 range represents an area of ??greater neutrality, so the loss of 5316 would prevent a bullish rating.

Long term comment

After the previous rise, with a 32.7% revaluation, there was an important downward correction phase of -22.6%, initiated in october 2023 at 5717.819, and ended at the low of 4422.936 (7-january-2024). The current gains have exceeded the previous peaks at 5717.819, currently reaching 5914.000 (13-april-2024) with no sign of weakness.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
5392.0000	5540.0000	5632.0000	5780.0000	5836.0000	5984.0000

Alerts

Alerts
Priority	Date	Warning
Medium priority	24/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	24/04/2024	Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
Medium priority	24/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	23/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
High priority	23/04/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	23/04/2024	Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.
Medium priority	22/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	22/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.