14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 20 - 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 000153.SZ
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Anhui Fengyuan Pharmaceutical Co., Ltd. stock upgraded to Buy Candidate.
(Updated on May 20, 2024)

Buy candidate since May 20, 2024 PDF

The Anhui Fengyuan Pharmaceutical Co., Ltd. stock price gained 1.84% on the last trading day (Monday, 20th May 2024), rising from ¥8.70 to ¥8.86. During the last trading day the stock fluctuated 4.72% from a day low at ¥8.68 to a day high of ¥9.09. The price has fallen in 5 of the last 10 days. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 10 million shares were bought and sold for approximately ¥92.40 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at ¥9.16 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.71% during the next 3 months and, with a 90% probability hold a price between ¥8.67 and ¥10.60 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

000153.SZ Signals & Forecast

The Anhui Fengyuan Pharmaceutical Co., Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ¥8.79 and ¥8.13. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -1.45%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Anhui Fengyuan Pharmaceutical Co., Ltd. stock

On the downside, the stock finds support just below today's level from accumulated volume at ¥8.18 and ¥7.75. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Anhui Fengyuan Pharmaceutical Co., Ltd. finds support just below today's level at ¥8.18. If this is broken, then the next support from accumulated volume will be at ¥7.75 and ¥7.52.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ¥0.410 between high and low, or 4.72%. For the last week, the stock has had daily average volatility of 2.86%.

The Anhui Fengyuan Pharmaceutical Co., Ltd. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: ¥8.56 (-3.43%) (This stock has high daily movements and this gives high risk. The RSI14 is 80 and this increases the risk substantially. There is a sell signal from a pivot top found 21 days ago.)

Trading Expectations (000153.SZ) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Anhui Fengyuan Pharmaceutical Co., Ltd. to open at ¥8.88, and during the day (based on 14 day Average True Range), to move between ¥8.49 and ¥9.23, which gives a possible trading interval of +/-¥0.365 (+/-4.12%) up or down from last closing price. If Anhui Fengyuan Pharmaceutical Co., Ltd. takes out the full calculated possible swing range there will be an estimated 8.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ¥8.89 (0.34%) than the support at ¥8.18 (7.67%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Anhui Fengyuan Pharmaceutical Co., Ltd. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Anhui Fengyuan Pharmaceutical Co., Ltd. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.847 Buy Candidate Upgraded

Predicted Opening Price for Anhui Fengyuan Pharmaceutical Co., Ltd. of Tuesday, May 21, 2024

Fair opening price May 21, 2024 Current price
¥8.88 ( 0.188%) ¥8.86

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

Trading levels for 000153.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.29 4.82 %
R2 9.13 3.05 %
R1 9.03 1.96 %
Current price: 8.86
Support S1 8.72 -1.58 %
S2 8.62 -2.67 %
S3 8.47 -4.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.99 1.47 %
R2 8.98 1.35 %
R1 8.89 0.339 %
Current price 8.86
Support S1 8.18 -7.67%
S2 7.75 -12.53%
S3 7.52 -15.12%

000153 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 16, 2023 Jun 16, 2023 Jun 16, 2023 ¥0.100 1.04%
2 Jul 05, 2022 Jul 05, 2022 Jul 05, 2022 ¥0.100 1.20%
3 Jul 24, 2019 Jul 24, 2019 Jul 24, 2019 ¥0.100 1.64%
4 Aug 11, 2016 Aug 11, 2016 Aug 11, 2016 ¥0.100 0.96%
5 May 30, 2013 May 30, 2013 May 30, 2013 ¥0.100 1.12%

FAQ

What is the symbol for Anhui Fengyuan Pharmaceutical Co., Ltd. Stock and on which exchange is it traded?
The symbol for Anhui Fengyuan Pharmaceutical Co., Ltd. is 000153.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Anhui Fengyuan Pharmaceutical Co., Ltd. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Anhui Fengyuan Pharmaceutical Co., Ltd. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Anhui Fengyuan Pharmaceutical Co., Ltd. Stock?
Anhui Fengyuan Pharmaceutical 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 Anhui Fengyuan Pharmaceutical Co., Ltd. Stock.

What's the current price of Anhui Fengyuan Pharmaceutical Co., Ltd. Stock?
As of the end of day on the May 20, 2024, the price of an Anhui Fengyuan Pharmaceutical Co., Ltd. (000153.SZ) share was ¥8.86.

What is the 52-week high and low for Anhui Fengyuan Pharmaceutical Co., Ltd. Stock?
The 52-week high for Anhui Fengyuan Pharmaceutical Co., Ltd. Stock is ¥11.16 and the 52-week low is ¥5.96.

What is the market capitalization of Anhui Fengyuan Pharmaceutical Co., Ltd. Stock?
As of the May 20, 2024, the market capitalization of Anhui Fengyuan Pharmaceutical Co., Ltd. is 2.942B.

When is the next earnings date for Anhui Fengyuan Pharmaceutical Co., Ltd.?
The upcoming earnings date for Anhui Fengyuan Pharmaceutical Co., Ltd. is May 22, 2024.
Click to get the best stock tips daily for free!

About Anhui Fengyuan Pharmaceutical Co., Ltd.

Anhui Fengyuan Pharmaceutical Co., Ltd. researches and develops, produces, and sells biological pharmacy, chemical pharmacy, and traditional Chinese medicines primarily in China. It offers antipyretic-analgesic, cardiovascular, antibiotic, nervous system, anti-tumor, antiulcer, and hormone drugs, as well as nutraceuticals. The company also provides general medicines for vitamin and mineral deficiency; medicines for resisting parasitic diseases an... 000153.SZ Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT