This is an analysis of BT GROUP PLC - a British telecom company, the following is strictly my own personal opinion and does not constitute financial advice. Key numbers: Dividend yield TTM - 6.47% P/B - 0.81 P/E - 5.56 (currently) Market cap 11 817 MGBP (11.8BGBP) Analyst estimates: Analyst estimate average for BT.A is 188.5 GBX which is equivalent to a 65.42%...
The UK index was strongly sold near the 7,730 Resistance this month and has so far reacted with a decline. This drop is so far being contained on the 1D MA200 (orange line). 1D has turned neutral (RSI = 47.582, MACD = 11.270, ADX = 21.739) which is normally an indication of support. Following the Golden Cross late in December, this sequence is similar with the...
With accumulation growing on BT stock, a price drop below 155 may be a good point to buy for a long term view N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The index has broken above both the 1D MA50 and MA200 this week and 1D turned bullish (RSI = 57.795, MACD = 3.690, Highs/Lows = 85.3366) towards the 7,440 Resistance. It appears to be repeating the April - July sequence, currently being at the start of the final (and most aggressive) bullish leg. The obvious short term target is the 7,440 Resistance but in our...