Member Info for MissLisa

Rating Change: 63.64% to Target, finnCap Maintains Corporate Rating for Castleton Technology (LON:CTP) Stock

Checking on current RSI levels on shares of Castleton Technology Plc (CTP.L), the 14-day RSI is currently standing at 19.73, the 7-day is at 12.9, and the 3-day is resting at 4.3. Relative Strength Index (RSI) is a frequently used technical analysis tool. RSI helps measure changes in price movement of a specific equity. RSI is a momentum oscillator that moves in a range from 0 to 100. RSI is generally used to interpret whether a stock is overbought or oversold. As a general rule, an RSI over 70 may indicate an overbought situation. On the other end of the spectrum, a reading under 30 may indicate an oversold situation. Traders and investors commonly use the RSI indicator in combination with other technical instruments in order to help spot prosperous entry and exit trading points. After a recent check, shares of Castleton Technology Plc (CTP.L) have a 200-day moving average of 72.75. The 50-day is 64.58, and the 7-day is sitting at 63.53. Using a bigger time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong reference points for spotting support and resistance levels. Employing the use of the moving average for technical equity analysis is still highly popular among traders and investors. The moving average can be used as a reference point to assist with the discovery of buying and selling opportunities.

If it is not MXCP then who? Someone is filling their boots or taking advantage of weak price here. broker price target reiterated this morning shows a 64% growth potential here. The company moved to profit and expanded into Australia with four products in the last 7 days. No figures announced for last contract but four products mentioned and the average price for one of those products is 157,000 According to Kyperia's old website, if the others included Documotive then a lot more. But this is chicken feed the real value comes as they expand in AU

It's there style holding lots took advantage at everyone of their investments when price dropped below value price.

Below value price IMO would not be surprised if funds announce big buys in a few days

Seems about right

Castleton Technology PLC (LON:CTP)‘s stock had its “corporate” rating reiterated by equities researchers at FinnCap in a research note issued to investors on Monday. They presently have a GBX 90 ($1.12) target price on the stock. FinnCap’s target price suggests a potential upside of 63.64% from the stock’s previous close. Castleton Technology PLC (LON:CTP) opened at 55.99999 on Monday. The firm has a 50-day moving average of GBX 65.59 and a 200 day moving average of GBX 70.10. Castleton Technology PLC has a 52-week low of GBX 53.03 and a 52-week high of GBX 90.00. The company’s market capitalization is GBX 43.96 million.

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Disregarding future value right now I see this as 74p it is under priced.

but they recently said they had a great deal manufacturing in china didnt they?

that on the two-year chart it looks like Batman. I am not invested here but thought I would share out of harmless fun.

Sorry for you guys. Not what I wanted but how I saw it. I thank you for your compliments re calling it. Yes I maintain my buy on CTP. I actually added there. This took a hit this morning but all is not over, market is not a one day event.

now we see why the funds have been loading up!! What an addition to the board, a growth specialist and take over expert. If he achieves a market cap of half that of his last company this will buy you that holiday home you have always wanted.

Only saying what I see.

at 60p and it went up.

treading water now.

Hoping this moves up but that giant head shoulders on the chart is a little worrying.

Oh well you live and learn hey, by the sounds of it your not having much luck in the markets - ever thought of trying something simpler? painting by numbers in say just red and blue might be the way forward. I normally only post to investors of a share but as you mentioned it here. Sorry to hear your other investments arent going to plan. CTP should come good for you though if you take a longer term look. You cannot sweat every little movement up or down, your give your self a AReTACK

Aphrodite the bit in your post in brackets did make me smile. ( to read, Hummy )

:-)