IRISH SHARES

 

 

Abbey plc

 

Updated on 1st September 2023.

 

Abbey shares were delisted on 30th April 2021 following a cash offer of Stg£15.75 per share from Gallagher Holdings Ltd which received the required number of acceptances from shareholders under stock exchange takeover takeover rules.

 

 

 

Aminex plc

 

Updated on 1st September 2023.

 

Outlook is moderately bullish.

 

Click here for chart of Aminex.

 

This stock trades mostly on the London market under the epic code AEX. Trading at 1.175p which is above the upward trending 150 day simple moving average at 1,08p. The 150 day has not always been a reliable indicator for this stock - there being two instances of it turning upwards in the past 5 years, both of which proved to be false dawns, and there is a resistance level ahead at 1.5p, therefore indicating a moderately bullish outlook. A breakthrough the 1.5p level would indicate a more bullish outlook. A fall below 0.75p would be required to provide evidence of a breakdown of the current upward trend.

                                                                         

    

 

Arkle Resources plc

     

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Arkle.

 

This stock of Irish interest trades on AIM (Alternative Investment Market; orientated at smaller companies) in London. Trading at 0.325p which is below the 150 day simple moving average at 0.43p. The latter has been in a downward trend for over 12 months, therefore the outlook is bearish. A rally above 0.825p would be required to provide evidence of a breakout from the current downward trend.

 

 

 

AIB Group plc

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of AIB.

 

Trading at €4.20 which is above the 150 day simple moving average at €3.92. The latter turned upwards in late 2020, and the upward trend has remained intact ever since. A fall below €2.70 would be required to provide evidence of a breakdown of the current upward trend.

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Applegreen plc

 

Updated on 1st September 2023.

 

Applegreen shares were delisted on 11th March 2021 following a cash offer of €5.75 from the founders of the company, jointly with fund management firm Blackstone, which received a sufficient number of acceptances from shareholders under stock exchange rules.

                                                                                                                                         

 

 

Aryzta plc

 

Updated on 1st September 2023.

 

Outlook is bullish. 

 

Click here for chart of Aryzta.

 

Aryzta cancelled its secondary listing on the Irish Stock Exchange (now known as Euronext Dublin) on 1st March 2021, so the shares now trade only on the Swiss market. Trading at CHF1.47 (Swiss Francs) which is very close to the 150 day simple moving average. The latter turned upwards in late 2020, but then turned downards in early 2022, but found support at the €1 level .  The 150 day has recently turned upwards again, therefore the outlook is bullish. A fall below CHF0.90 would be required to provide evidence of a breakdown of the current upward trend.

 

 

 

Bank of Ireland plc

 

Updated on 1st September 2023.

 

Outlook is bullish. 

 

Click here for the chart of Bank of Ireland.

                                                                                                                                                                                                                                                                                                           

Trading at €9.20 which is close to the 150 day simple moving average, and the latter has recently turned slightly downwards. However, the upward trend remains intact, thereby indicating a bullish outlook. A fall below €7.50 would be required to provide evidence of a breakdown of the current upward trend.

 

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Botswana Diamonds plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Botswana.

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This stock of Irish interest trades on AIM in London. Trading at 0.785p which is below the 150 day simple moving average at 0.99p, and the latter has recently turned downwards thereby indicating a downward trend. A breakthrough the resistance level at 1.175p would be required to provide evidence of a breakout from the current downward trend.

 

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CRH plc

 

Updated on 1st September 2023.

 

Outlook is bullish. 

 

Click here for chart of CRH.

 

Trading at €53.12 which is above the upward trending 150 day simple moving average at €47.68, thereby indicating a bullish outlook. A fall below €33 would be required to provide evidence of a breakdown of the current upward trend.

 

 

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CPL Resources plc

 

Updated on 1st September 2023.

 

CPL was delisted on 22nd January 2021 folllowing a takeover offer of €11.25 cash per share from Japanese company, Outsourcing, which received a sufficient number of acceptances from shareholders under stock exchange rules.

 

 

 

Cairn Homes plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Cairn Homes.

 

Trading at €1.15 which is close to the 150 day simple moving average. The latter has recently turned upwards. However, the stock has not broken out of the downward trend, as the chart continues to show a succession of lower highs, thereby indicating a bearish outlook. A rally above €1.30, taking the stock above the top of the previous rally, would be required to provide evidence of a breakout from the current downward trend.

 

 

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Clontarf Energy plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Clontarf Energy.

 

This stock of Irish interest trades on AIM in London. Trading at 0.0775p which is  above the 150 day simple moving average at 0.1187p, and the latter has recently turned upwards. However, the stock has recently exhibited a pattern of lower highs, thereby indicating a bearish outlook. A rally above 0.2p would be required to provide evidence of a breakout from the current downward trend.

 

 

 

C & C Group plc

 

Updated on 1st September.

 

Outlook is bearish.

 

Click here for chart of C & C Group.

 

Trading at £1.37 which is below the downward trending 150 day simple moving average at £1.44, thereby indicating a bearish outlook. A rally above the £1.60 level would be required to provide evidence of a breakout from the current downward trend.

 

 

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Conroy Gold & Natural Resources plc

 

Updated on 1st September 2023.                                                                                                                                  

 

Outlook is bearish.

 

Click here for chart of Conroy G&NR

 

This stock of Irish interest trades on AIM in London.  Trading at 13p which is below the downward trending 150 day simple moving average at 16.24p, thereby indicating a bearish outlook. A rally above the 21p level would be required to provide evidence of a breakout from the current downward trend.

 

 

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Corre Energy B.V.

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of Corre.

 

This stock made its debut on the Irish market in 2021. Trading at €3.46 which is close to the upward trending 150 day simple moving average, thereby indicating a bullish outlook. A fall below €3.00 would be required to provide evidence of a breakdown of the current upward trend.

 

 

 

Dalata Hotel Group plc

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of Dalata Hotel Group.

 

Trading at €4.30 which is close to the 150 day simple moving average, and the latter has recently turned upwards, thereby indicating a bullish outlook. Although the 150 day has been somewhat erratic, the stock has broadly traded within an upward trend since it bottomed out in 2020. A fall below €3.00 would be required to provide evidence of a breakdown of the current upward trend.

 

 

 

Donegal Investment Group plc

                                               

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of Donegal Investment Group.

 

Trading at €18 which is below the 150 day simple moving average at €18.77, and th latter has recently turned downwards. However, the underlying upward trend line remains intact, thereby indicating a bullish outlook. A fall below €15, taking the stock below this upward trend line, would be required to provide evidence of a breakdown of the current upward trend.

 

 

 

Draper Esprit plc  (now known as Molten Ventures plc)

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Draper Esprit.

 

Trading at £2.44 (on the London market, where there is a higher volume of trading) which is below the downward trending 150 day simple moving average at £2.86, thereby indicating a bearish outlook. A rally up to the £5.00 level would be required to provide evidence of a breakout from the current downward trend.

 

 

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Engage XR Holdings plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Engage.

 

Trading at €2.85 which is below the downward trending 150 day simple moving average at €3.62, thereby indicating a bearish outlook. A rally above the €5.00 level would be required to provide evidence of a breakout from the current downward trend.

 

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EQTEC plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of EQTEC.

 

This stock of Irish interest trades on AIM in London. Trading at 0.1635p which is bclose to the downward trending 150 day simple moving average, thereby indicating a bearish outlook. A rally above the 0.5p level would be required to provide evidence of a breakout from the current downward trend.

 

 

 

FBD Holdings plc

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of FBD Holdings.

 

Trading at €13.05 which is close to the upward trending 150 day simple moving average, thereby indicating a bullish outlook. A fall below €11 would be required to provide evidence of a breakdown of the current upward trend.

                                                                

 

 

Falcon Oil & Gas plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Falcon Oil & Gas.

 

This stock of Irish interest trades mostly on the London market under the epic code FOG. Trading at 6.73p which is below the 150 day simple moving average at 8.34p. The latter has changed direction a few times recently. However, the chart continues to show a trend of lower highs, thereby indicating a bearish outlook. A rally above the 10p level would be required to provide evidence of a breakout from the current downward trend.

 

 

 

First Derivatives (now known at FD Technologies) plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of First Derivatives.

 

This stock trades mostly on the London market under the epic code FDP. Trading at £16.54 which is below the 150 day simple moving average at £17.91, and latter has recently turned upwards. However, the sequence of lower highs on the chart indicate the the stock remains in a downward trend, thereby indicating a bearish outlook. A rally to the £22 level would bre required to provide evidence of a breakout from the current downward trend.

 

 

 

Flutter Entertainment plc (formerly Paddy Power)

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of Flutter Entertainment.

 

Trading at €167.75 which is close to the upward trending 150 day simple moving average, thereby indicating a bullish outlook. A fall below €140 would be required to provide evidence of a breakdown of the current upward trend. The stock is encountering a minor resistance whenever it trades above the €180 level, which is something that short term traders should bear in mind.

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Glanbia plc

 

Updated on 1st September 2023.

 

Outlook is moderately bullish.

 

Click here for the chart of Glanbia.

 

Trading at €15.39 which is above the 150 day simple moving average at €13.59. The latter has changed direction a number of times in the past five years. The chart shows that there is support for the stock whenever it goes below the €10 level, and resistance whenever it goes above the €17.50 level. That resistance level is now looming for the stock, indicating a moderately bullish outlook.

 

 

 

Glenveagh Properties plc

 

Updated on 1st September 2023.

 

Outlook is moderately bearish.

 

Click here for chart of Glenveagh Properties.

 

Trading at €1.00 which is close to the 150 day simple moving average, and the latter has changed direction a few times recently. The upward momentum int he styock appears to be faltering, thereby indicating a moderately bearish outlook. A rally above €1.15 would be required to provide evidence of a breakout from the current downward trend.

 

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Great Western Mining Corporation

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Great Western Mining Corporation.

 

This stock trades mostly on the London market under the epic code GWMO. Trading at 0.0475p which is below the downward trending 150 day simple moving average at 0.0894p, thereby indicating a bearish outlook. A rally above the 0.125p level would be required to provide evidence of a breakout from the current downward trend.

 

 

 

Grafton Group plc

 

Updated on 1st September 2023.

 

Outlook is moderately bearish.

 

Click here for chart of Grafton Group.

 

Trading at £8.72 which is close to the 150 day simple moving average, and the latter has recently turned downwards. The stock appeared to break out of a downward trend in early 2023, but the momentum of that rally is now faltering, thereby indicating a moderately bearish outlook. A rally above the £10 level would be required to provide evidence of the stock recapturing its former upward trend.

 

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Greencore plc

 

Updated on 1st September 2023.

 

Outlook is bearish.

 

Click here for chart of Greencore.

 

Trading at £0.84 which is close to the 150 day simple moving average, and the latter has changed direction a number of times recently. The chart continues to exhibit a pattern of lower highs thereby indicating a bearish outlook. A rally to the £1.50 level would be required to provide evidence of a breakout from the current downward trend.

 

 

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Green REIT

 

Updated on 1st September 2023.

 

Private Equity firm Henderson Park Capital Partners UK agreed a takeover of Green REIT for €1.9135 cash per share in November 2019.

 

 

 

Greencoat Renewables plc

 

Updated on 1st September 2023.

 

Outlook is very bearish.

 

Click here for chart of Greencoat Renewables.

 

Trading at €0.993 which is below the downward trending 150 day simple moving average at €1.06 thereby indicating a bearish outlook. The failure of the stock to hold the support level at €1.07, points to a very bearish outlook for the stock. €1.07 might seem to be an unusual level, as support and resistance levels usually occur at even figures. However, much of the trading in this stock is on the London market, and €1.07 equates to the £1.00 level. A rally above the €1.07 level would be required to provide evidence of a breakout from the current downward trend.

 

 

 

Hibernia REIT

 

Updated on 1st September 2023.

 

Hibernia REIT was taken over by Brookfield Asset Management of Canada in June 2022 for €1.634 per share.

 

 

 

Hostelworld plc

 

Updated on 1st September 2023.

 

Outlook is moderately bullish.

 

Click here for chart of Hostelworld.

 

Trading at €1.47 which is close to the 150 day simple moving average which has recently turned upwards. There are a lot of 'stale bulls' in this stock who bought in at prices from €2 and upwards, thereby indicating a moderately bullish outlook. A fall below €0.85 would be required to provide evidence of a breakdown of the current upward trend.

 

                                                                                                                                                                          

 

Irish Continental Group plc

 

Updated on 1st September 2023.

 

Outlook is moderately bullish.

 

Click here for chart of Irish Continental Group.

 

Trading at €4.48 which is close to the 150 day simple moving average, and the latter has recently turned upwards. The stock has broken out of a downward trend that had been in place since 2019, thereby indicating a moderately bullish outlook. It has encountered resistance whenever it has gone above the €5 level, therby moderating the bullish outlook. A fall below the €4 level, which would take the stock back into the old downward trend, would be required to provide evidence of a breakdown of the current upward trend.

 

 

 

Irish Residential Property REIT

 

Updated on 1st September 2023.

 

Outlook is very bearish.

 

Click here for chart of Irish REIT.

 

Trading at €0.98 which is close to the downward trending 150 day simple moving average, thereby indicating a bearish outlook. The stock has recently fell to new all time lows, thereby indicating a very bearish outlook. A rally to the €1.30 level would be the minimum required to provide evidence of a breakout from the current downward trend.

 

 

 

Kenmare Resources plc

 

Updated on 1st September 2023.

 

Outlook is moderately bullish.

 

Click here for chart of Kenmare Resources.

 

This stock trades mostly on the London market. Trading at £4.18 which is slightly below the flat trending 150 day simple moving average. However, the stock had a big rally in 2020/2021 and is now in a consolidation phase, indicating a moderately bullish outlook. A fall below £4 would provide evidence of a breakdown of the current upward trend.

  

 

 

Kerry Group plc

 

Updated on 1st September 2023.

 

Outlook is modertely bullish.

 

Click here for chart of Kerry Group.

 

Trading at €85.48 which is below the 150 day simple moving average at €90.81, and the latter has recently turned upwards. The stock is finding support at the €85 level, thereby indicating a moderately bullish outlook. A fall below this key level, would provide evidence of a breakdown of the current upward trend.

 

 

 

Kingspan Group plc

 

Updated on 1st September 2023.

 

Outlook is bullish.

 

Click here for chart of Kingspan Group.

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Trading at €77.06 which is above the 150 day simple moving average at €77.06, and the latter has recently turned upwards thereby indicating a bullish outlook. The stock found support at the €55 level, and that served to end the downward trend that had been in place since early 2022. A fall below that key level would change the outlook from bullish to bearish.