Guide to Spread Betting on Johnson Matthey Shares with Broker Ratings, Live Charts & Prices
Clean Financial - The Financial Spread Betting Website
Johnson Matthey Spread Betting

Johnson Matthey Spread Betting



Where Can I Spread Bet on Johnson Matthey?


Investors can take a view on Johnson Matthey, and a host of other online markets, with companies such as:

IG Index
Broker Ratings - Sponsored by IG

Johnson Matthey Broker Ratings


The following table takes the last 2 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Johnson Matthey:

Date Average
Broker Rating
Average
Rating
Last Price Average Target Price Average Potential Upside / Downside
13-Jun-13 Brokers Tips NeutralNeutral Based on last 2 Ratings 2552 2702 5.90%


A look at the latest Johnson Matthey broker ratings:

DateBroker Rating Broker Last Price Target Price Potential Upside / Downside
13-Jun-13Brokers Tips - AddAddNumis Securities2552285511.90%
05-Jun-13Brokers Tips - BuyBuyDeutsche Bank25882550-1.50%
12-Feb-13Brokers Tips - OutperformOutperformCredit Suisse227324005.60%

For the latest UK broker ratings see Daily Trading Tips.


The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.




Advert: Johnson Matthey Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Johnson Matthey with Financial Spreads.


Where Can I Find Live Spread Betting Prices and Charts for Johnson Matthey?


The following CFDs chart and prices offers readers a guide to the Johnson Matthey market.


The above Plus500 chart normally uses the Johnson Matthey futures price.

To study spread betting charts and live prices for Johnson Matthey, you can use a spread betting account.

Also, a spreads account would let you access the shorter term daily markets. Please note that opening an account is normally dependent on credit, suitability and status checks.

Should your application be approved then, once logged on, you will be able to look at the live trading charts and prices. These are usually provided for free. What's the catch? You could receive an occasional email or call from the relevant spread trading firm.

Of course, if you were to trade then you should note that financial spread betting and CFD trading do carry a significant level of risk and can result in losses that exceed your initial investment.

Advanced Charting Packages for Johnson Matthey


Even though the charting packages normally vary between platforms, in order to aid your trading analysis, the charts generally come with tools such as:
  • A variety of intervals, for example, 15 minutes, 4 hours, 1 day and so on
  • Different displays, for example, candlestick, OHLC and line charts
  • Drawing tools, for example, Trendlines, Fibonacci Fans, Time Zones and Arcs

Charts from Selftrade Markets also offer more advanced aspects such as:
  • BackTesting, Customisable Indicators and Optimisation tools
  • Useful technical overlays, for example, Exponential Moving Average, Bollinger Bands, Envelopes and so on
  • More than 30 indicator charts, for example, Range Indicator, MACD, CCI and so on
  • Email alerts for when your chosen market reaches a certain level

Sample FinancialSpreads trading chart

Johnson Matthey Trading Guide - Example Chart


The following spread betting companies provide their clients with real time trading prices/charts:

Where Can I Spread Bet on Johnson Matthey for Free?


Speculating always includes an element of risk. Having said that, if you'd like to open a completely free Test Account, that allows you to try out financial spread betting on a wide variety of markets, see below for more details.

When looking at which trading option might work for you, also remember that, in the UK, spread trading is tax free*, i.e. there is no capital gains tax, income tax or stamp duty.

Assuming you want a free spread betting platform then note that investors are able to speculate on Johnson Matthey without paying any commissions or brokers' fees with providers such as:

Free Demo Account


If you want a free Test Account / Practice Account where you are able to get a better understanding of spread betting, including markets such as EUR/GBP, the Dow Jones, gold and Johnson Matthey, then look into: The spread betting companies listed above currently provide a Demo Account that allows investors to test new strategies, use charts and gain experience with a variety of orders, like trailing stop losses and guaranteed stop losses.


How to Spread Bet on Johnson Matthey

How to Spread Bet on Johnson Matthey?


If you decide to speculate on firms such as Johnson Matthey then one possibility could be to spread bet on the Johnson Matthey share price.

Looking at a spread betting site like Selftrade Markets, we can see they have priced the Johnson Matthey Rolling Daily market at 2352.8p - 2356.2p. Therefore, an investor could put a spread bet on the Johnson Matthey share price:

  Johnson Matthey Trading Example Going higher than 2356.2p, or
  Johnson Matthey Spread Trading Example Going lower than 2352.8p

Whilst spread betting on FTSE 350 equities you trade in £x per penny. As a result, if you decide to have a stake of £4 per penny and the Johnson Matthey share price moves 27p then that would change your bottom line by £108. £4 per penny x 27p = £108.

Rolling Daily Shares Markets

One important thing to note is that this is a 'Rolling Daily Market' and therefore unlike a normal spread betting futures market, there is no settlement date. If your position is still open at the end of the day, it will simply roll over to the next session.

Should your trade roll over, if you are speculating that the market will:

  Johnson Matthey Spread Trading Example Go up - then you usually pay a small overnight financing fee, or
  Johnson Matthey Spread Trading Example Go down - then a small payment will usually be credited to your account

You can learn more about Rolling Daily Markets in our article Rolling Daily Spread Betting.


Johnson Matthey Rolling Daily - Shares Spread Trading Example


If you consider the above spread of 2352.8p - 2356.2p and assume that:
  • You've done your stock market analysis, and
  • You think that the Johnson Matthey share price will go higher than 2356.2p
Then you may go long of the market at 2356.2p for a stake of £3 per penny.

So, you win £3 for every penny that the Johnson Matthey shares increase and move above 2356.2p. However, it also means that you will make a loss of £3 for every penny that the Johnson Matthey market decreases below 2356.2p.

Put another way, if you ‘Buy’ a spread bet then your P&L is worked out by taking the difference between the final price of the market and the price you bought the market at. You then multiply that price difference by your stake.

If after a few sessions the stock moved higher then you could consider closing your trade so that you can guarantee your profit. Therefore, if the market moved up then the spread might move to 2403.3p - 2406.7p. You would settle/close your trade by selling at 2403.3p. As a result, with the same £3 stake:

Profits (or losses) = (Settlement Price - Initial Price) x stake
Profits (or losses) = (2403.3p - 2356.2p) x £3 per penny stake
Profits (or losses) = 47.1p x £3 per penny stake
Profits (or losses) = £141.30 profit

Trading equities, whether by spread betting or not, may not go to plan. In the above example, you had bet that the share price would go up. Naturally, the share price might decrease.

If the Johnson Matthey share price weakened, against your expectations, then you might choose to close your trade to limit your losses.

Should the spread pull back to 2303.2p - 2306.6p then you would close your spread bet by selling at 2303.2p. If so, your loss would be calculated as:

Profits (or losses) = (Settlement Price - Initial Price) x stake
Profits (or losses) = (2303.2p - 2356.2p) x £3 per penny stake
Profits (or losses) = -53.0p x £3 per penny stake
Profits (or losses) = -£159.00 loss

Note: Johnson Matthey Rolling Daily spread betting price correct as of 19-Oct-12.


Advert: Johnson Matthey Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Johnson Matthey with Financial Spreads.


Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

'Johnson Matthey Spread Betting' by DB, updated 13-Jun-13

For related pages also see:





Free Financial Email Updates
Q) Average Trading Results?

A) Get free trading tips, offers, price updates, important news and more!
All Free - Click here!


Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

The contents on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.


* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.

Home
Capital Spreads
City Index
ETX Capital
Financial Spreads
GFT
IG Index
InterTrader
Spreadex
Spread Betting Tips
1) Daily Trading Tips
2) Financial Tips
3) Financial Tipping
4) Strategies
Spread Betting News
Daily Analysis
Daily Closing Update
Daily Market Data
Live Charts
Live Prices
Trading Videos
Stock Market Spreads
Stock Market Reports
Stock Market Analysis
Stock Market Charts
Stock Market Prices
FTSE 100 Spreads
Dow Jones Spreads
DAX 30 Spreads
Forex Spreads
Forex Reports
Forex Analysis
Forex Charts
Forex Prices
EUR/USD Spreads
GBP/USD Spreads
Commodities Spreads
Commodities Reports
Commodities Analysis
Commodities Charts
Commodities Prices
Gold Spreads
Crude Oil Spreads
Shares Spreads
Share Tips
Share Trading Reports
Share Charts
UK Shares
US Shares
Spread Betting
Bonds Spreads
Interest Rate Spreads
Spread Trading Blog
Financial Fixed Odds
CFD Trading
Trading Features
Trading Forum
Technical Trading
Free Newsletter
Why Spread Bet?
What's Spread Betting?
Glossary - part 1
Glossary - part 2