SJZBS/Shs A Vtg 1.00 Stock Forecast
SJZBS/Shs A Vtg 1.00 stock price down 0% on Wednesday
(Updated on May 08, 2024)
No changes to the price of SJZBS/Shs A Vtg 1.00 stock on the last trading day (Wednesday, 8th May 2024). During the last trading day the stock fluctuated 0% from a day low at ¥1.43 to a day high of ¥1.43. The price has risen in 4 of the last 10 days but is still down by -4.67% for this period.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ¥1.41 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -16.11% during the next 3 months and, with a 90% probability hold a price between ¥1.18 and ¥1.38 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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000413.SZ Signals & Forecast
There are mixed signals in the stock today. The SJZBS/Shs A Vtg 1.00 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 ¥1.48 and ¥1.63. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
A sell signal from a double top formation was found on Friday, March 01, 2024 with a target of ¥1.70. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for SJZBS/Shs A Vtg 1.00 stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ¥0 between high and low, or 0%. For the last week the stock has had daily average volatility of 3.44%
Our recommended stop-loss: ¥1.34 (-6.28%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (000413.SZ) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect SJZBS/Shs A Vtg 1.00 to open at ¥1.43, and during the day (based on 14 day Average True Range), to move between ¥1.36 and ¥1.50, which gives a possible trading interval of +/-¥0.0720 (+/-5.03%) up or down from last closing price. If SJZBS/Shs A Vtg 1.00 takes out the full calculated possible swing range there will be an estimated 10.06% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ¥1.70, some ¥0.270 (18.88%) from the current price of ¥1.43, our system finds the risk reward not very attractive.
Is SJZBS/Shs A Vtg 1.00 stock A Buy?
SJZBS/Shs A Vtg 1.00 holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for SJZBS/Shs A Vtg 1.00 of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| ¥1.43 ( 0%) | ¥1.43 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000413.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.43 | . | |
| R2 | 1.43 | . | ||
| R1 | 1.43 | . | ||
| Current price: | 1.43 | |||
| Support | S1 | 1.43 | . | |
| S2 | 1.43 | . | ||
| S3 | 1.43 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1.77 | 23.78 % | |
| R2 | 1.74 | 21.68 % | ||
| R1 | 1.70 | 18.88 % | ||
| Current price | 1.43 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
000413 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 17, 2019 | Jul 17, 2019 | Jul 17, 2019 | ¥0.0700 | 1.38% |
| 2 | Jul 09, 2018 | Jul 09, 2018 | Jul 09, 2018 | ¥0.0700 | 1.20% |
| 3 | Jun 14, 2017 | Jun 14, 2017 | Jun 14, 2017 | ¥0.0700 | 0.662% |
| 4 | Apr 26, 2016 | Apr 26, 2016 | Apr 26, 2016 | ¥0.0700 | 0.92% |
| 5 | May 08, 2015 | May 08, 2015 | May 08, 2015 | ¥0.100 | 0.89% |
FAQ
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