AstraZeneca Spread Betting
Where Can I Spread Bet on AstraZeneca?
At the moment, investors can take a position on AstraZeneca through an account with these providers:
|Broker Ratings - Sponsored by IG
AstraZeneca Broker Ratings
A look at the latest AstraZeneca broker ratings:
|14-Mar-16||Outperform||Exane BNP Paribas||4058||5000||23.20%|
|10-Mar-16||Buy||Bryan Garnier & Cie||4064||5520||35.80%|
|08-Mar-16||Outperform||Exane BNP Paribas||3986.5||5000||25.40%|
|22-Feb-16||Outperform||Exane BNP Paribas||4144.5||5500||32.70%|
|11-Feb-16||Buy||Oddo & Cie||3957||5440||37.50%|
|12-Jan-16||Neutral||Oddo & Cie||4285.5||4610||7.60%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for AstraZeneca?
The real-time CFD chart below will give users a nice look at the AstraZeneca share price.
The above chart is from Plus500 and typically tracks the underlying AstraZeneca futures contract (not the daily market).
If you would like access to up-to-the-minute financial spread betting charts and prices for AstraZeneca, you may require a spread trading account.
Also, a spreads account would let you access shorter term daily markets. Please note that opening any such account is normally dependent on status, suitability and credit checks.
Should your account application be accepted then you will be able to log on and see the real-time prices and charts. These are normally provided as part of the service. The catch is that you are likely to receive the occasional email and/or letter from your spread trading broker.
If you were to trade then you should note that CFD trading and spread trading carry a high level of risk to your capital and it's possible to lose more than your initial deposit.
See below for more on advanced AstraZeneca charts.
AstraZeneca Analysis & News
Advanced Charting Packages for AstraZeneca
Although the charting packages vary from provider to provider, in order to aid your analysis, the charts generally have valuable features and tools such as:
The charts offered by Financial Spreads also come with more advanced aspects like:
- A large range of time intervals e.g. 1 minute, 15 minutes, 2 hours etc
- A variety of views e.g. line charts and candle charts
- Drawing tools and options e.g. Fibonacci Fans, Arcs and Time Zones
Sample equities chart from Financial Spreads
- Back Testing, Customisable Indicators and Optimisation tools
- Helpful chart overlays e.g. Ichimoku Kinko Hyo, Moving Average, Wilder's Smoothing etc
- Over 30 secondary charts e.g. MACD, Williams %R, Qstick etc
- Custom email notifications that trigger when your chosen market reaches a given level
The following spread betting companies offer account holders live trading prices/charts:
Where Can I Spread Bet on AstraZeneca for Free?
Investing, by its very nature, always involves risk, but if you'd like to try a (free) Practice Account, which lets you access trading charts and trial financial spread betting, please see below.
When looking at which investment option might work for you, don't forget that spread trading, in the UK, is tax free*, i.e. it is exempt from stamp duty, capital gains tax and income tax.
Assuming you want a free financial spread betting website, note that investors are able to take a position on AstraZeneca without paying any commissions with providers like:
Should you want an entirely free Test Account that allows users to get to grips with financial spread betting, and markets like the DAX 30, USD/JPY, GBP/USD and AstraZeneca, then consider:
All of the above spread trading companies currently offer a risk free Test Account that allows users to check professional level charts, try out ideas and gain experience with a host of orders.
How to Spread Bet on AstraZeneca?
If you are looking to invest in companies such as AstraZeneca then one solution could be spread betting on the AstraZeneca share price.
Looking at a spread trading website like capital spreads, we can see that they are valuing the AstraZeneca Rolling Daily market at 2949.5p - 2953.5p. Therefore, an investor can spread trade on the AstraZeneca share price:
Going higher than 2953.5p, or
Going lower than 2949.5p
When spread trading on UK shares you trade in £x per penny. Therefore, if you staked £2 per penny and the AstraZeneca shares move 20p then that would be a difference to your profits (or losses) of £40. £2 per penny x 20p = £40.
Rolling Daily Equities Markets
Be aware that this is a Rolling Daily Market which means that there is no settlement date for this market. If a trade is still open when the markets close at the end of the day, it will roll over to the next trading day.
If a trade is rolled over and you are spread betting on the market to:
Increase - then you are charged a small overnight financing fee, or
Decrease - then you'll often receive a small payment to your account
You can find more on Rolling Daily Markets, as well as a fully worked example, in our feature Rolling Daily Spread Betting.
AstraZeneca Rolling Daily - Equities Spread Trading Example
Now, if you continue with the above spread of 2949.5p - 2953.5p and make the assumptions:
Then you might decide to buy a spread bet at 2953.5p and risk, for the sake of argument, £3 per penny.
- You've completed your stock market analysis, and
- Your analysis leads you to feel the AstraZeneca share price will move above 2953.5p
With such a bet you make a profit of £3 for every penny that the AstraZeneca shares go higher than 2953.5p. Having said that, such a bet also means that you will make a loss of £3 for every penny that the AstraZeneca market goes below 2953.5p.
Looked at another way, if you were to buy a spread bet then your P&L is calculated by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that price difference by the stake.
With this in mind, if after a few hours the shares started to rise you might decide to close your position so that you can secure your profit.
Taking this a step further, if the market rose then the spread could change to 2997.8p - 3001.8p. You would settle your position by selling at 2997.8p. So, with the same £3 stake you would calculate your profit as:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (2997.8p - 2953.5p) x £3 per penny stake
Your P&L = 44.3p x £3 per penny stake
Your P&L = £132.90 profit
Trading shares, by spread betting or otherwise, is not always simple. In the above example, you wanted the share price to rise. Of course, the share price can also fall.
If the AstraZeneca stock began to fall then you could close your position in order to limit your losses.
If the market fell to 2913.6p - 2917.6p you would sell back your position at 2913.6p. If so, that would mean you would lose:
Your P&L = (Final Price - Opening Price) x stake
Your P&L = (2913.6p - 2953.5p) x £3 per penny stake
Your P&L = -39.9p x £3 per penny stake
Your P&L = -£119.70 loss
Note - AstraZeneca Rolling Daily spread betting price correct as of 19-Oct-12.
AstraZeneca Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on AstraZeneca with
'AstraZeneca Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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