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Home / Momentum / Moneysupermarket

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Moneysupermarket

Is this trend a good trading opportunity?

Will Moneysupermarket turn, or will it continue to rise to July levels of 417p? (+11%)

  • The chart shows the Moneysupermarket price action since early August.
  • Shares in a one month long uptrend from 344p early August lows; now at 374.8p.
  • Shares -10% from 2019 highs; now trading +37% from 2019 lows; +32% year-to-date
  • In the last month, the shares have Risen over 8%.
  • Will this positive momentum continue?
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

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