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Nairametrics
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.

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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
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