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Nairametrics
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Home Markets Equities Stock Market

[Nigerian stocks] Resistance and Support signals – 15/5/2015

Nairametrics by Nairametrics
May 18, 2015
in Stock Market
Resistance and Support signals for select Nigerian stocks
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For those looking to find out an entry or exit point for a share one metric you look at is the support and resistance of stocks. A resistance basically is a print point that a stock has been trying to rise above but whenever it gets there it drops. A support in contrast is a price point that a stock refuses to go below.

Once a stock crosses its resistance it is seen as a bullish moment and when a stock goes below its support it is seen as a critical bearish moment.

Ticker

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Date/Time

Close

Resistance

Support

ACCESS

05/15/2015

6.18

6.90

5.95

AFRIPRUD

05/15/2015

2.99

3.00

2.74

AGLEVENT

05/15/2015

1.62

1.70

1.42

ASHAKACEM

05/15/2015

20.47

21.02

19.50

BERGER

05/15/2015

10.00

9.99

9.07

CADBURY

05/15/2015

39.90

42.00

39.20

CAP

05/15/2015

43.00

35.66

35.66

CHAMPION

05/15/2015

7.09

8.93

6.75

CONOIL

05/15/2015

39.92

39.50

36.21

CUSTODYINS

05/15/2015

4.17

4.38

4.05

CUTIX

05/15/2015

1.58

1.83

1.51

DANGFLOUR

05/15/2015

4.64

5.08

4.50

DANGSUGAR

05/15/2015

6.60

7.58

6.10

DIAMONDBNK

05/15/2015

4.37

4.65

4.50

ETERNA

05/15/2015

2.70

2.83

2.66

ETI

05/15/2015

21.56

24.55

20.21

FBNH

05/15/2015

8.99

9.50

8.70

FCMB

05/15/2015

3.00

3.36

2.95

FIDELITYBK

05/15/2015

1.89

1.94

1.80

FIDSON

05/15/2015

3.20

3.26

3.00

FLOURMILL

05/15/2015

35.00

36.95

34.06

GLAXOSMITH

05/15/2015

44.20

56.50

54.00

GUARANTY

05/15/2015

29.50

30.01

28.20

HONYFLOUR

05/15/2015

3.47

4.15

3.28

IKEJAHOTEL

05/15/2015

3.79

3.96

3.61

INTBREW

05/15/2015

20.00

21.70

20.71

JBERGER

05/15/2015

51.70

50.26

41.81

LIVESTOCK

05/15/2015

2.40

2.52

2.40

LOTUSHAL15

05/15/2015

10.80

10.88

10.61

MANSARD

05/15/2015

3.00

3.13

2.85

MAYBAKER

05/15/2015

1.60

1.87

1.63

NAHCO

05/15/2015

6.80

6.94

6.30

NASCON

05/15/2015

8.00

8.94

8.05

NEIMETH

05/15/2015

1.10

1.13

1.00

NPFMCRFBK

05/15/2015

1.26

1.35

1.26

OANDO

05/15/2015

17.81

19.25

17.30

OKOMUOIL

05/15/2015

28.44

28.60

26.00

PAINTCOM

05/15/2015

1.27

1.40

1.27

PORTPAINT

05/15/2015

3.64

4.03

3.33

PRESCO

05/15/2015

30.00

30.09

26.50

PZ

05/15/2015

29.00

28.98

27.51

REDSTAREX

05/15/2015

4.92

4.70

3.60

SKYEBANK

05/15/2015

2.17

2.54

2.38

STANBIC

05/15/2015

30.00

31.61

27.00

STERLNBANK

05/15/2015

2.15

2.18

2.11

TRANSCORP

05/15/2015

3.19

3.29

3.16

TRANSEXPR

05/15/2015

1.06

1.23

1.12

UAC-PROP

05/15/2015

10.25

11.99

10.25

UACN

05/15/2015

40.00

42.00

39.00

UBA

05/15/2015

5.20

5.29

4.98

UBCAP

05/15/2015

1.49

1.52

1.49

UBN

05/15/2015

10.50

11.11

10.22

UNILEVER

05/15/2015

45.03

43.43

38.00

UNIONDICON

05/15/2015

11.84

13.80

11.84

UNITYBNK

05/15/2015

2.23

5.00

0.50

UPDCREIT

05/15/2015

10.00

9.00

8.55

UPL

05/15/2015

6.03

4.70

4.60

VETGRIF30

05/15/2015

16.06

16.25

15.79

VITAFOAM

05/15/2015

6.38

6.50

4.17

WAPCO

05/15/2015

98.20

98.50

93.00

ZENITHBANK

05/15/2015

22.22

22.00

20.75

Tags: Oil & Gasoil price
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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