ShrutiAggarwal
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Relating to VOD.L

Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone Plc. is a avoid at the current price. The stock finished trading on the London stock exchange on 19th July at 175.0p a share, down by 1.27%.  In terms of technical analysis or charting, the stock has been nonstop making lower highs and lower lows and also has been trading on the downward trend line which further confirms the bearish sentiment of the telecom major. Currently, the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 183.7p, 189.2p and 196.6 p respectively. Considering the free-fall of the stock, it doesn’t look like that stock will be taking support anytime soon in the coming days and we expect the free-fall to continue. Hence, traders or investors would be strictly advice to stay away from the stock as consolidation doesn’t look like soon. 

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Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone Plc. is a Hold at the current price. The stock finished trading on the London stock exchange on 27th November at 224.9p a share, up by 0.17%.  In terms of technical analysis or charting, the stock had completed rounded bottom pattern and has bounced back from 205p to 230p. However, the stock got stuck at the resistance level of 230p and has been correcting for a last few days. The stock has been trading above its 20 day moving average(DMA), 50 DMA and 100 DMA of 223p, 217p and 218p respectively. The immediate support and resistance for the stock is at 220p and 230p respectively. The momentum oscillator MACD also indicates the crossover sign which indicates towards the correction of the stock in the coming days. Therefore, traders or investors shall wait for the stock to get consolidated and bottomed out. Fresh buying positions can be initiated once the stock has bottomed out. The stock might take support at around 220p, but if in case it couldn’t sustain 220p , then the stock may fall more and test the old levels of 200-205. Investors or traders shall keep an eye at the respective levels and accordingly initiate fresh positions.

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Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

The Vodafone Group Plc. is a compelling buy at the current levels with a potential upside of up to 15% from the current levels. The stock finished trading on the London Stock exchange at 224p a share, down by 0.04% compared to the previous close.  The stock has had a spectacular rally in the past few days and we expect the upside or rally to continue. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 209p, 207p and 204p respectively. In terms of charting or technical analysis, the stock has been trading on the upward trend line and has even breached the upper side of the Bollinger band, confirming the bullish trend of the stock. On weekly charts also, the stock has been making green marubozu which indicates that upward movement will continue. The immediate resistance of the stock is at 225p. However, any breakout above 225p would mean an up move up to 239p within a month’s time. Therefore, we recommend buying Vodafone plc above 225p with a target of 240p.

The company announced its full year FY’17 results, a few days back on 16th May. Lets throw light on the latest results of the company. The company’s FY17 revenue was down by 4.4% to €47.6 billion The revenue declined primarily because of foreign exchange movements. The adjusted EBITDA was also up by 3.4% to €15.8 billion, within 3% to 6% guidance range. Hence, EBITDA was also in line with the management guidance. Adjusted EBIT grew by 5.3% to €4.0 billion, with organic adjusted EBIT increasing by 7.0%* as adjusted EBITDA growth outpaced the increase in depreciation and amortisation charges. Reported operating profit more than doubled to €3.7 billion, due to a €1.3 billion gain from the merger of Vodafone Netherlands and Ziggo and a €0.6 billion impairment charge recognised in the year ended 31 March 2016 in respect to Romania However, the company reported loss for FY’17 at  €6.1 billion, includes  a net of tax impairment of India of €3.7 billion. (Read more)

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Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone Group Plc. should be avoided for the time being or the investors shall wait for its consolidation. The company announced its half yearly results, a few days back on 15th November 2016.  The stock fell by about 1.5% on the same day which indicates that our investors were not happy with the telecom giant’s half yearly performance. We would be throwing light on the latest financial results of the company in the other part of the article.

The stock finished trading on the London Stock exchange at 203.55p on Tuesday, 22nd November, up by 0.45% compared to the previous close. In terms of technical analysis, Vodafone Plc looks pretty bearish on charts as it has made a technical pattern of ‘lower highs and higher lows’ which indicates weakness in the stock. It has had a nonstop fall from 240p to 200p in the last 3 to 4 months. Clearly, the stock has been trading on the ‘downward trend line’. Therefore, consolidation would be confirmed once it breaches the downward trend line. However, it seems that stock has taken support at 200p and if it would sustain the support zone, then the stock shall trade in the channel of 202p-216p in the near term. But, a breakdown below 200p would surely means fresh lows and would also indicate that more and more short positions have been building on the stock. Vodafone Plc needs to be under the watch for some time, and then only we can foresee a clear direction. Currently, the stock has been trading 3% above its 52 weeks low and 16% below its 52 weeks high. (Read more)

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Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone Plc is a ‘Hold’ at the current price levels and we really don’t see much upside in the stock. The company’s latest fiscal 2016 results were also in line with the management guidance as the company reported fiscal 2016 EBITDA at £11.9 bn, which was on the upper side of the management guidance of £11.7-£12.0 bn . However, in terms of technical analysis, the chart has turned ‘bearish’ as the technical indicators indicate short term weakness in the stock. It has formed a ‘shooting star’ and ‘Bearish engulfing pattern’ in the last 3 trading sessions, and in case the stock breaks below yesterday’s low of 225.40p, we might see stock heading towards 215pence in the coming trading sessions. Although once the stock hits 215 pence, it might start consolidating and thereafter can trade in the range of 215p-232p. Hence, traders carefully need to watch these levels and hedge their trading positions with appropriate stop loss. Currently, the stock has been trading above its 20DMA, 50DMA and 100DMA of 223p, 222p and 219p respectively. The stock finished trading on the London Stock exchange at 225 p on Thursday, 19th May. . Based on earnings estimates for the company's fiscal year ending in march 2018, the stock has a price-to-earnings ratio of 27.79 which is quite high compared to FTSE100 12 month forward P/E of 13.37. The analysis of forward price to earnings of Vodafone Plc also indicates that the stock is pretty overvalued.

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Posted by ShrutiAggarwal on 9 January 2016, 7:38 AM

Vodafone, A hold with an upside of 10-15%

Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone PLC is pretty fairly priced at the current levels and we do not see an upside of more than 15% from the current price levels. According to the data from Morning star.com, the stock has a forward P/E of 40.4 compared to FTSE100 12 months forward P/E of 13.34. This also indicates that the stock is slightly overpriced at the current levels. Currently the stock has been trading above its 50 day and 100 day moving average of 217.68 p and 217.9 p respectively. We expect the stock to be range bound between 220 p -245 p in the coming quarters and fiscal year. Vodafone Group Plc (Vodafone) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. It has a market cap of £58.80 bn.The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets.  Vodafone is an industry leader with 446 million customers, mobile operations in 26 countries and fixed broadband operations in 17 countries. Vodafone is bringing the benefits of the mobile and digital revolution to consumers and businesses across the world, from offering 4G services in 18 countries to providing services such as machine-to-machine (‘M2M’) technology and M-Pesa, the mobile payments service that provides financial freedom to millions of people.

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