Resistance

Million

Giant

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>EXPN stock price: The annual report showed a rise in revenue, attracting investors.</a> </li> 
 <li> <span>2</span> <a>The RSI and MACD are highlighting the bulls’ strength.&nbsp;</a> </li> 
</ul> 
<p>Experian Plc. is listed on the London Stock Exchange. It is a global information services company which facilitates the provision of data and analytical tools that are used to manage credit risk, prevent fraud, target marketing offers, and automate decision-making. The company was founded in 1980 and is headquartered in Dublin, Ireland.</p> 
<p>The Tech giant is a large-cap stock with a market capitalization of £25.6 Billion. In the financial year 2023, the company clocked in £5.50 Billion in revenue which is a 19% growth from the last year. Net profit was £639 Million which is 13% of the sales.</p> 
<p>Recurring net income over the years has allowed the firm to pull out regular dividends to its shareholders. In 2023, the management decided to give a dividend payout of&nbsp; 62%. That made up a dividend per share of £0.44 and a dividend yield of 1.64%&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-and-price-prediction-of-expn-stock-strong"><strong>Technical Analysis and Price Prediction of EXPN Stock</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="511" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-1024x511.png" alt="EXPN Stock Price: Tech Giant Surges 11% After Annual Report" class="wp-image-169246" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-1024x511.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-300x150.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-768x383.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-1536x766.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-360x180.png 360w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-750x374.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535-1140x569.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-535.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Chart provided by TradingView (Daily time frame)
  </figcaption>
 </figure>
</div> 
<p>XPN stock price started rising after the annual report of 2023 which was published in May this year&nbsp; The bulls took the price from £2583 to a high of £3102 in July. After that, the stock saw some correction and went on to break two major support levels.&nbsp;&nbsp;</p> 
<p>As of now, EXPEN <a href="https://www.thecoinrepublic.com/2023/09/17/urbn-stock-nasdaq-urbn-crossed-20-day-ema-will-it-reach-50/" target="_blank" rel="noreferrer noopener">stock price </a>is trading at £2807, which is in the immediate resistance zone of £2834. The bulls pushed the price up, reclaiming the immediate support level of £2677. Currently, the bullish investors are trying hard to break out and overcome the present resistance level</p> 
<h2 class="wp-block-heading" id="strong-indicators-highlight-bullish-strength-strong"><strong>Indicators Highlight Bullish Strength</strong></h2>  
<div class="tradingview-widget-container">
  &nbsp;&nbsp;
 <div id="tradingview_294a2"></div> &nbsp;&nbsp;
 <div class="tradingview-widget-copyright">
  <a href="https://in.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> &nbsp;&nbsp;
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> &nbsp;&nbsp;
 <script type="text/javascript">

  new TradingView.widget(

  {

  "width": 950,

  "height": 500,

  "symbol": "LSE:EXPN",

  "interval": "D",

  "timezone": "Etc/UTC",

  "theme": "light",

  "style": "1",

  "locale": "in",

  "enable_publishing": false,

  "allow_symbol_change": true,

  "container_id": "tradingview_294a2"

}

  );

  </script> 
</div>  
<p>A bullish crossover occurred between MACD and its EMA late August which indicates an uptrend alongside the support and resistance levels. At present, the MACD is at the level of -11 while its EMA is beneath -23</p> 
<p>The RSI on the other hand rebounded from the oversold level of 30 mid-August when the stock price reclaimed its support level. After a few days, the RSI made a bullish crossover with its SMA.&nbsp;&nbsp;</p> 
<p>The EMAs, on the other hand, are showing a downtrend as a result of a bearish crossover that was made between them mid-August this year. This was the time when the bears broke the major support levels. At present, the 50 days EMA is at the level of £2782 while the 200 EMA is at £2833</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>The EXPN price prediction is bearish as red candles were observed recently. However, a glimmer of hope is down below at the name of 50 days EMA.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Support levels: £2677 and&nbsp; £2568</p> 
<p>Resistance levels: £2834 and £2943</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets or stocks comes with a risk of financial loss.</p>

EXPN Stock Price: Tech Giant Surges 11% After Annual Report

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