RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 000050.SZ
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Tianma Microelectronics Co., Ltd. stock price ended at ¥8.04 on Wednesday, after losing 3.71%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 Loss -7.80% PDF

The Tianma Microelectronics Co., Ltd. stock price fell by -3.71% on the last day (Wednesday, 27th Mar 2024) from ¥8.35 to ¥8.04. It has now fallen 8 days in a row. During the last trading day the stock fluctuated 5.49% from a day low at ¥8.02 to a day high of ¥8.46. The price has fallen in 9 of the last 10 days and is down by -12.61% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -375 thousand shares and in total, 13 million shares were bought and sold for approximately ¥105.34 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.16% during the next 3 months and, with a 90% probability hold a price between ¥6.31 and ¥8.11 at the end of this 3-month period.

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000050.SZ Signals & Forecast

There are few to no technical positive signals at the moment. The Tianma Microelectronics Co., Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ¥8.64 and ¥8.87. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -13.92%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Tianma Microelectronics Co., Ltd. stock

Tianma Microelectronics Co., Ltd. finds support from accumulated volume at ¥7.96 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ¥0.440 between high and low, or 5.49%. For the last week, the stock has had daily average volatility of 3.53%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (000050.SZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Tianma Microelectronics Co., Ltd. to open at ¥8.17, and during the day (based on 14 day Average True Range), to move between ¥7.76 and ¥8.32, which gives a possible trading interval of +/-¥0.278 (+/-3.46%) up or down from last closing price. If Tianma Microelectronics Co., Ltd. takes out the full calculated possible swing range there will be an estimated 6.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥7.96 (1.00%) than the resistance at ¥8.76 (8.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tianma Microelectronics Co., Ltd. stock A Buy?

Tianma Microelectronics Co., Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.011 Sell Candidate Unchanged

Predicted Opening Price for Tianma Microelectronics Co., Ltd. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
¥8.17 ( 1.66%) ¥8.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 000050.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.61 7.13 %
R2 8.45 5.04 %
R1 8.34 3.75 %
Current price: 8.04
Support S1 8.01 -0.432 %
S2 7.90 -1.72 %
S3 7.73 -3.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.18 14.18 %
R2 8.88 10.45 %
R1 8.76 8.96 %
Current price 8.04
Support S1 7.96 -1.00%
S2 7.84 -2.49%
S3 7.59 -5.60%

000050 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 27, 2022 May 27, 2022 May 27, 2022 ¥0.0700 0.767%
2 Jul 21, 2021 Jul 21, 2021 Jul 21, 2021 ¥0.0700 0.477%
3 May 28, 2020 May 28, 2020 May 28, 2020 ¥0.0800 0.598%
4 May 28, 2019 May 28, 2019 May 28, 2019 ¥0.0700 0.506%
5 Apr 03, 2018 Apr 03, 2018 Apr 03, 2018 ¥0.0700 0.445%

FAQ

What is the symbol for Tianma Microelectronics Co., Ltd. Stock and on which exchange is it traded?
The symbol for Tianma Microelectronics Co., Ltd. is 000050.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Tianma Microelectronics Co., Ltd. Stock?
Tianma Microelectronics Co., Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Tianma Microelectronics Co., Ltd. Stock?
Tianma Microelectronics Co., Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Tianma Microelectronics Co., Ltd. Stock.

What's the current price of Tianma Microelectronics Co., Ltd. Stock?
As of the end of day on the 2024-03-27, the price of an Tianma Microelectronics Co., Ltd. (000050.SZ) share was ¥8.04.

What is the 52-week high and low for Tianma Microelectronics Co., Ltd. Stock?
The 52-week high for Tianma Microelectronics Co., Ltd. Stock is ¥11.38 and the 52-week low is ¥7.07.

What is the market capitalization of Tianma Microelectronics Co., Ltd. Stock?
As of the 2024-03-27, the market capitalization of Tianma Microelectronics Co., Ltd. is 19.997B.
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About Tianma Microelectronics Co., Ltd.

Tianma Microelectronics Co., Ltd. designs, manufactures, and supplies display solutions and related support services worldwide. Its products include LTPS-TFT, amoled displays, flexible displays, transparent displays, 3D displays, in-cell/on-cell integrated touch technology, force touch TED plus, TED fingerprint, SLT-LCD, and mini/micro-LED for various applications comprising mobile phone, tablet PC, smart wearable, automotive, and smart home appl... 000050.SZ Profile

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