What’s Ahead for 21st Century Technology PLC After Today’s Gap Up?

 What's Ahead for 21st Century Technology PLC After Today's Gap Up?

The stock of 21st Century Technology PLC (LON:C21) gapped up by GBX 0.275 today and has GBX 4.84 target or 33.00% above today’s GBX 3.64 share price. The 6 months technical chart setup indicates low risk for the GBX 4.47M company. The gap was reported on Nov, 18 by Barchart.com. If the GBX 4.84 price target is reached, the company will be worth GBX 1.48 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock decreased 2.82% or GBX 0.11 on November 18, hitting GBX 3.64. About 333,025 shares traded hands or 66.09% up from the average. 21st Century Technology PLC (LON:C21) has risen 20.00% since April 20, 2016 and is uptrending. It has outperformed by 15.57% the S&P500.

Another recent and important 21st Century Technology PLC (LON:C21) news was published by Uk.Finance.Yahoo.com which published an article titled: “21st Century Technology plc. (C21.L)” on March 31, 2014.

21st Century Technology plc is a specialist well-known provider of tailored solutions to the transport community, solving operational requirements both on and off the vehicle. The company has a market cap of 4.47 million GBP. The Firm operates through two divisions: Fleet Systems and Passenger Systems. It currently has negative earnings. The Fleet Systems segment includes closed-circuit television , passenger wireless fidelity (Wi-Fi), telematics and driver behavior, and passenger counting.

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