Data News > Stock Market Analysis: BURJEEL HOLDINGS PLC Shows Bearish Sentiment with Declining Prices

Stock Market Analysis: BURJEEL HOLDINGS PLC Shows Bearish Sentiment with Declining Prices

By KlickAnalytics Data Insights  |   December 31, 2024 08:14AM ET

Stock Market Analysis

Pricing

Investors are closely monitoring BURJEEL HOLDINGS PLC as the stock price has seen a decline in recent days. The current price stands at 1.96, with a 1-day change of -0.02, leading to a 1-day return of -1.01%. The trading volume recorded is 3,832,485 shares.

Over the past week, the stock has shown a negative return of -2.97%, while the 1-month return remains unavailable. The 3-month and 1-year returns are both at -19.34% and -37.38% respectively. The stock has been on a downward trend for the last 4 days.

Further analysis reveals that the close price to open price ratio was -2.00%, reflecting a bearish sentiment among investors. The close price to high price and close price to previous day open also signify bearish sentiment, at -2.00% and -2.49% respectively.

The stock hit a 52-week high price of 3.41 on 2024-02-08, while the low price of 1.98 was recorded just 7 days ago on 2024-12-24. The current price is -1.01% lower than the 52-week low price.

Historical returns for BURJEEL HOLDINGS PLC show a negative trend, with returns of -2.97% for 1 week, -19.34% for 3 months, -26.59% for 6 months, and -37.38% year-to-date.

Technical Indicators

Technical indicators suggest a bearish outlook for the stock. The Simple Moving Averages (SMA) analysis shows that the stock is not performing well in terms of short-term, medium-term, and long-term trends. With all SMAs indicating a SELL signal, investors are cautious.

Specifically, the close price is below the SMAs for multiple intervals, with the highest difference observed for SMA200 at -22.79%. This indicates a significant deviation from the moving averages, highlighting the stock's current weak performance.

Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.