FSL/Shs A Vtg 1.00 Stock Forecast
Green day on Monday for FSL/Shs A Vtg 1.00
(Updated on May 20, 2024)
The FSL/Shs A Vtg 1.00 stock price gained 0.528% on the last trading day (Monday, 20th May 2024), rising from ¥5.68 to ¥5.71. During the last trading day the stock fluctuated 2.67% from a day low at ¥5.62 to a day high of ¥5.77. The price has fallen in 6 of the last 10 days and is down by -2.39% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 10 million shares were bought and sold for approximately ¥57.54 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.48% during the next 3 months and, with a 90% probability hold a price between ¥5.24 and ¥6.25 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.
000541.SZ Signals & Forecast
The FSL/Shs A Vtg 1.00 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 ¥5.70 and ¥5.59. 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 Monday, May 06, 2024, and so far it has fallen -2.39%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for FSL/Shs A Vtg 1.00 stock
FSL/Shs A Vtg 1.00 finds support from accumulated volume at ¥5.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved ¥0.150 (2.67%) between high and low. For the last week, the stock has had daily average volatility of 2.53%.
Our recommended stop-loss: ¥5.49 (-3.81%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (000541.SZ) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect FSL/Shs A Vtg 1.00 to open at ¥5.70, and during the day (based on 14 day Average True Range), to move between ¥5.50 and ¥5.92, which gives a possible trading interval of +/-¥0.210 (+/-3.67%) up or down from last closing price. If FSL/Shs A Vtg 1.00 takes out the full calculated possible swing range there will be an estimated 7.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ¥5.73 (0.35%) than the support at ¥5.61 (1.75%), 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 FSL/Shs A Vtg 1.00 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 FSL/Shs A Vtg 1.00 stock to perform well in the short-term.
Current score: 3.795 Buy Candidate Unchanged
Predicted Opening Price for FSL/Shs A Vtg 1.00 of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| ¥5.70 ( 0.175%) | ¥5.71 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000541.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.85 | 2.45 % | |
| R2 | 5.79 | 1.45 % | ||
| R1 | 5.76 | 0.83 % | ||
| Current price: | 5.71 | |||
| Support | S1 | 5.64 | -1.18 % | |
| S2 | 5.61 | -1.80 % | ||
| S3 | 5.55 | -2.80 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5.93 | 3.85 % | |
| R2 | 5.74 | 0.525 % | ||
| R1 | 5.73 | 0.350 % | ||
| Current price | 5.71 | |||
| Support | S1 | 5.61 | -1.75% | |
| S2 | 5.48 | -4.03% | ||
| S3 | 5.39 | -5.60% |
000541 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 04, 2023 | Jul 04, 2023 | Jul 04, 2023 | ¥0.100 | 1.78% |
| 2 | Jun 21, 2022 | Jun 21, 2022 | Jun 21, 2022 | ¥0.100 | 1.98% |
| 3 | Jul 16, 2021 | Jul 16, 2021 | Jul 16, 2021 | ¥0.100 | 1.70% |
| 4 | Jun 10, 2020 | Jun 10, 2020 | Jun 10, 2020 | ¥0.185 | 3.56% |
| 5 | May 13, 2019 | May 13, 2019 | May 13, 2019 | ¥0.156 | 2.76% |
FAQ
Click here for our free guide on how to buy FSL/Shs A Vtg 1.00 Stock.
