50 EMA поддерживает быков, возможен ли прорыв?

Пратик Чадхокар
Последние сообщения от Pratik Chadhokar (увидеть все)

The Mining company (LSE: AAL) has a slightly different share-holding pattern than the rest. Famous Institutional investors like BlackRock, Vanguard, and Tarl Investment Holdings. Along with some other institutions, they own about 66% of the total equity. Therefore, the board will likely take into account their preferences. 

The Shareholding of Big Leagues 

The largest shareholder at the moment is BlackRock, Inc., with 8.5% of shares outstanding. The second and third-largest shareholders are The Vanguard Group, Inc. is at the second, holding 4.4%. and Tarl Investment Holdings, Ltd. is 3.9% of shares outstanding, taking the third place respectively.

Are the Dividends Manipulated?

Considering AAL as a large-cap stock with a market cap of £30B, it’s difficult to claim that institutions manipulate dividends. The company is generating a huge chunk of profits after tax and cash flows that have been optimum recently. The board is distributing close to half of the net income as dividends that account for the current dividend per share of £1.67 and dividend yield of £5.1%.

Technical Analysis and Prediction of AAL Stock Price

In April of 2023, there was a slight rise in prices that gave hope to the bulls. However, the optimism was not for long as bears returned and broke the critical support level of £2509. There was a four-month consolidation period, after which the downtrend gained momentum. It broke through the £226 support level at the beginning of August. It led to the current price levels.

Текущее ценовое действие и прогноз

As of this writing, The current trading level for AAL stock price is £2265, and the Bulls have taken control, pushing the price above the current resistance level of £2270.  One of the main reasons for this bullish trend is the support provided by the 50-day EMA to the bulls. Currently, the 50-day EMA is at £2203, and it can act as a support level if the bears try to reclaim the resistance level.

The RSI and MACD indicators are both in an uptrend. The MACD is above its neutral line of zero, at 30 while the RSI is above its neutral territory of 50, at 58. The price prediction for the AAL stock price is bullish as the bullish trend is confirmed by the indicators and the RSI has enough space for a breakout.

Заключение

Big names like BlackRock and Vanguard have the majority shareholding in the company. However, the dividends are not manipulated as the company generates healthy cash. The AAL stock price has just come above its immediate resistance, and the prediction states that a breakout is possible.

Технические Уровни

Поддержка: 1995 фунтов стерлингов и 1788 фунта стерлингов.

Сопротивление: 2270 фунтов стерлингов и 2506 фунтов стерлингов.

Отказ от ответственности

Взгляды и мнения, изложенные автором или любыми людьми, упомянутыми в этой статье, предназначены только для информационных целей. Они не устанавливают финансовые, инвестиционные или другие советы. Инвестирование в криптоактивы или торговля ими сопряжены с риском финансовых потерь.

Source: https://www.thecoinrepublic.com/2023/09/30/aal-stock-price-50-ema-supports-the-bulls-possible-breakout/