Large Inflow of Money Detected in WPP plc

WPP plc (WPPGY) stock had a bullish inflow of $0.35 million worth of trades on uptick and an outflow of $0.06 million in downticks on Thursday. The total uptick to downtick ratio stood at 5.79. The net money flow into the stock was $0.29 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.1 million. $0.1 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, WPP plc (WPPGY) stock traded down $0.13 , and reached $110.6, a drop of -0.12% over the previous day. On a weekly basis, the stock is 3.11%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.1% and the 50-Day Moving Average is 0.81%. Shares have dropped -7.95% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $120.81 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $110.60 and the 200 Day Moving Average price is recorded at $111.10.

WPP plc (NASDAQ:WPPGY): The stock opened at $111.01 on Thursday but the bulls could not build on the opening and the stock topped out at $111.07 for the day. The stock traded down to $109.85 during the day, due to lack of any buying support eventually closed down at $110.02 with a loss of -0.64% for the day. The stock had closed at $110.73 on the previous day. The total traded volume was 102,363 shares.

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