Smith & Nephew Spread Betting
Where Can I Spread Bet on Smith & Nephew? |
At the moment, investors are able to speculate commission free and with no brokers' fees on Smith and Nephew through an account with any of these firms:
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| Broker Ratings - Sponsored by IG |
Smith & Nephew Broker Ratings |
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Smith & Nephew:
| 22-May-13 |  | Neutral | Based on last 5 Ratings | 789 | 743 | -5.78% |
A look at the latest Smith & Nephew broker ratings:
| 22-May-13 | | Equalweight | Barclays | 789 | 780 | -1.10% | | 21-May-13 |  | Add | Numis Securities | 781.5 | 870 | 11.30% | | 07-May-13 | | Neutral | JPMorgan | 750 | 709 | -5.47% | | 02-May-13 | | Hold | Deutsche Bank | 743.5 | 638 | -14.20% | | 26-Apr-13 | | Hold | Panmure Gordon | 746.5 | 720 | -3.50% | | 16-Apr-13 | | Neutral | JPMorgan | 753.5 | 709 | -5.90% | | 20-Feb-13 | | Add | Numis Securities | 704.5 | 800 | 13.60% | | 12-Feb-13 | | Buy | Jefferies | 706.5 | 800 | 13.20% |
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:
Smith and Nephew Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Smith & Nephew with
Financial Spreads.
|
Where Can I Find Live Spread Betting Prices and Charts for Smith & Nephew? |
The following CFD trading chart and prices provides readers with a useful view of the Smith and Nephew market.
The Plus500 chart above is typically based on the Smith and Nephew futures price (not the daily market).
Should you want to access real time financial spread betting charts and prices for Smith and Nephew, you generally need a financial spread betting account.
Also, a spreads account gives you access to shorter term spot prices. Please note that opening such an account is subject to suitability and status checks.
If your application is accepted, you can log on and view the real-time trading prices and charts. Usually, these are provided for free. Having said that, you might get the occasional newsletter and/or call from the relevant company.
Of course, if you were to trade then, before starting, you should note that spread trading and CFD trading involve a high level of risk to your capital and can result in losses that are greater than your initial deposit.
Professional Charts for Smith and Nephew Shares |
Despite the fact that charts normally differ between firms, to help your technical analysis, they usually come with features and tools such as:
- A number of different time intervals e.g. 5 minutes, 1 hour, 1 month etc.
- Various chart views e.g. OHLC and candle charts
- Drawing features e.g. Fibonacci retracements and trendlines
Charts offered by CapitalSpreads also offer other benefits like:
- Back Testing, Custom Indicators and Optimisation functions
- Chart overlays e.g. Moving Average, Ichimoku Kinko Hyo, Envelopes etc.
- Indicators e.g. Chaikin Money Flow, Relative Volatility Index, % Price Oscillator etc.
- Custom email notifications when the markets reach a specific price
Sample Financial Spreads trading chart
The spread betting firms in the list below give their clients access to live trading prices and charts:
Where Can I Spread Bet on Smith & Nephew for Free? |
Trading does involve risks, however, if you'd like to open a completely free Practice Account, that allows you to look at charts and trial spread betting, then please see below.
When thinking about which trading option might work for you, don't forget that in the UK, spread trading is exempt from tax*.
If you are trying to find a low cost financial spread betting platform then note that investors are able to trade Smith and Nephew without having to pay any commissions with providers such as:
If you are looking for a completely free Test Account / Demo Account which allows users to try out online spread betting, including trading markets like Smith and Nephew, then look at:
Each of the above spread betting companies offer a risk free Demo Account that allows users to test strategies, practice with a variety of orders and look at charts.
How to Spread Bet on Smith & Nephew? |
Should an investor want to speculate on UK listed companies such as Smith and Nephew then one solution could be to spread trade on the Smith and Nephew share price.
Looking at a spread betting platform like FinancialSpreads.com, you can see they are showing the Smith and Nephew Rolling Daily market at 647.1p - 648.4p. As a result, you can spread bet on the Smith and Nephew share price:
 Going above 648.4p, or
 Going below 647.1p
Whilst making a spread bet on FTSE 350 equities you trade in £x per penny. So, should you choose to risk £5 per penny and the Smith and Nephew share price moves 31p then that would make a difference to your P&L of £155. £5 per penny x 31p = £155.
Rolling Daily Equities Markets
You should note that this is a 'Rolling Daily Market', therefore in contrast with futures markets, there is no closing date. If your position is still open at the end of the day, it simply keeps rolling over into the next day.
If a position is rolled over and you are spread betting on the market to:
Move up - then you usually pay a small overnight financing fee, or
Move down - then you'll normally receive a small credit to your account
You can learn more about Rolling Daily Markets in our article Rolling Daily Spread Betting.
Smith and Nephew Rolling Daily - Shares Spread Betting Example |
If you continue with the spread of 647.1p - 648.4p and assume that:
- You've completed your analysis of the stock markets, and
- Your analysis leads you to think that the Smith and Nephew shares are likely to go above 648.4p
Then you could decide that you want to go long of the market at 648.4p for a stake of £5 per penny.
So, you gain £5 for every penny that the Smith and Nephew shares move higher than 648.4p. Of course, you will make a loss of £5 for every penny that the Smith and Nephew market goes below 648.4p.
Considering this from another angle, should you buy a spread bet then your P&L is calculated 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 the stake.
Therefore, if after a few days the stock started to rise you might decide to close your spread bet to secure your profit.
Taking this a step further, if the market rose then the spread, set by the spread betting company, could change to 670.4p - 671.7p. You would settle your position by selling at 670.4p. So, with the same £5 stake:
Profit = (Settlement Price - Initial Price) x stake
Profit = (670.4p - 648.4p) x £5 per penny stake
Profit = 22.0p x £5 per penny stake
Profit = £110.00 profit
Trading equities, by spread trading or otherwise, is not always simple. In the above example, you had bet that the share price would rise. Of course, the share price might fall.
If the Smith and Nephew share price decreased, contrary to your expectations, then you could choose to close your spread bet to limit your losses.
Should the spread fall back to 629.9p - 631.2p then this means you would settle/close your trade by selling at 629.9p. As a result, your loss would be:
Loss = (Settlement Price - Initial Price) x stake
Loss = (629.9p - 648.4p) x £5 per penny stake
Loss = -18.5p x £5 per penny stake
Loss = -£92.50 loss
Note: Smith and Nephew Rolling Daily equities market accurate as of 19-Oct-12.
Advert:
Smith and Nephew Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Smith & Nephew 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.
'Smith and Nephew Spread Betting' by DB, updated 22-May-13
For related pages also see:
Spread Betting on Shares - FTSE 100 Companies, updated 22-May-13
Spread Betting on FTSE 100 Companies: Individual trading guides to FTSE 100 shares with broker ratings, charts and live prices. Plus how to spread bet on FTSE 100 companies, individual explanations, where to spread bet and...read article: Spread Betting on Shares - FTSE 100 Companies.
Barclays Spread Betting, updated 16-May-13
Barclays spread betting guide with live Barclays share prices and charts. Plus, broker recommendations on Barclays, where to spread bet on Barclays shares tax-free* and commission-free, how to spread bet on the Barclays share price and...read article: Barclays Spread Betting.
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HSBC Spread Betting, updated 22-May-13
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Rio Tinto Spread Betting, updated 16-May-13
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Vodafone Spread Betting, updated 22-May-13
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