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 000525.SZ
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Nanjing Red Sun Co Ltd stock upgraded to Strong Buy Candidate.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 13.21% PDF

The Nanjing Red Sun Co Ltd stock price gained 4.20% on the last trading day (Thursday, 28th Mar 2024), rising from ¥8.80 to ¥9.17. During the last trading day the stock fluctuated 6.94% from a day low at ¥8.65 to a day high of ¥9.25. The price has risen in 6 of the last 10 days and is up by 17.56% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 101 thousand more shares were traded than the day before. In total, 13 million shares were bought and sold for approximately ¥116.79 million.

Given the current horizontal trend, you can expect Nanjing Red Sun Co Ltd stock with a 90% probability to be traded between ¥6.42 and ¥9.35 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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000525.SZ Signals & Forecast

Mostly positive signals in the chart today. The Nanjing Red Sun 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 ¥8.78 and ¥7.44. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 47.90%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Nanjing Red Sun Co Ltd stock

Nanjing Red Sun Co Ltd finds support from accumulated volume at ¥9.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 ¥0.600 between high and low, or 6.94%. For the last week, the stock has had daily average volatility of 5.35%.

The Nanjing Red Sun 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: ¥8.86 (-3.42%) (This stock has high daily movements and this gives high risk. The RSI14 is 79 and this increases the risk substantially. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (000525.SZ) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Nanjing Red Sun Co Ltd to open at ¥9.02, and during the day (based on 14 day Average True Range), to move between ¥8.81 and ¥9.53, which gives a possible trading interval of +/-¥0.360 (+/-3.93%) up or down from last closing price. If Nanjing Red Sun Co Ltd takes out the full calculated possible swing range there will be an estimated 7.85% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ ¥9.05, some ¥0.120 (1.31%) from the current price of ¥9.17, our system finds the risk reward attractive.

Is Nanjing Red Sun Co Ltd stock A Buy?

Nanjing Red Sun Co Ltd holds several positive signals and is considered to be a good choice at current levels. We expect the Nanjing Red Sun Co Ltd stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.003 Strong Buy Candidate Upgraded

Predicted Opening Price for Nanjing Red Sun Co Ltd of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
¥9.02 ( 1.60%) ¥9.17

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

Trading levels for 000525.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.62 4.94 %
R2 9.39 2.44 %
R1 9.25 0.90 %
Current price: 9.17
Support S1 8.79 -4.10 %
S2 8.65 -5.64 %
S3 8.42 -8.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 9.17
Support S1 9.05 -1.31%
S2 8.80 -4.03%
S3 8.71 -5.02%

000525 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 19, 2019 Jul 19, 2019 Jul 19, 2019 ¥0.150 1.18%
2 Jul 06, 2018 Jul 06, 2018 Jul 06, 2018 ¥0.500 3.14%
3 Jul 07, 2017 Jul 07, 2017 Jul 07, 2017 ¥0.300 1.60%
4 Jun 08, 2016 Jun 08, 2016 Jun 08, 2016 ¥0.500 4.03%
5 May 21, 2015 May 21, 2015 May 21, 2015 ¥0.150 0.698%

FAQ

What is the symbol for Nanjing Red Sun Co Ltd Stock and on which exchange is it traded?
The symbol for Nanjing Red Sun Co Ltd is 000525.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Nanjing Red Sun Co Ltd Stock?
Nanjing Red Sun Co Ltd holds several positive signals and is considered to be a good choice at current levels. We expect the Nanjing Red Sun Co Ltd stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Nanjing Red Sun Co Ltd Stock?
Nanjing Red Sun 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 Nanjing Red Sun Co Ltd Stock.

What's the current price of Nanjing Red Sun Co Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Nanjing Red Sun Co Ltd (000525.SZ) share was ¥9.17.

What is the 52-week high and low for Nanjing Red Sun Co Ltd Stock?
The 52-week high for Nanjing Red Sun Co Ltd Stock is ¥10.74 and the 52-week low is ¥5.95.

What is the market capitalization of Nanjing Red Sun Co Ltd Stock?
As of the 2024-03-28, the market capitalization of Nanjing Red Sun Co Ltd is 5.326B.
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