CREATE TECHNOLOGY & SCIENCE CO., LTD. Stock Forecast
Green day on Tuesday for CREATE TECHNOLOGY & SCIENCE CO., LTD. stock after gaining 0.430%
(Updated on Apr 30, 2024)
The CREATE TECHNOLOGY & SCIENCE CO., LTD. stock price gained 0.430% on the last trading day (Tuesday, 30th Apr 2024), rising from ¥9.31 to ¥9.35. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.63% from a day low at ¥9.07 to a day high of ¥9.49. The price has risen in 6 of the last 10 days and is up by 10.39% 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, 2 million more shares were traded than the day before. In total, 12 million shares were bought and sold for approximately ¥110.36 million.
The stock lies in the middle of a very wide and strong 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 18.81% during the next 3 months and, with a 90% probability hold a price between ¥9.67 and ¥12.12 at the end of this 3-month period.
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000551.SZ Signals & Forecast
Mostly positive signals in the chart today. The CREATE TECHNOLOGY & SCIENCE 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 ¥9.11 and ¥8.84. 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 40.39%. 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 CREATE TECHNOLOGY & SCIENCE CO., LTD. stock
CREATE TECHNOLOGY & SCIENCE CO., LTD. finds support from accumulated volume at ¥9.16 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 ¥0.420 between high and low, or 4.63%. For the last week, the stock has had daily average volatility of 3.18%.
Our recommended stop-loss: ¥9.02 (-3.52%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 53 days ago.)
Trading Expectations (000551.SZ) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect CREATE TECHNOLOGY & SCIENCE CO., LTD. to open at ¥9.30, and during the day (based on 14 day Average True Range), to move between ¥8.96 and ¥9.74, which gives a possible trading interval of +/-¥0.393 (+/-4.20%) up or down from last closing price. If CREATE TECHNOLOGY & SCIENCE CO., LTD. takes out the full calculated possible swing range there will be an estimated 8.41% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ¥9.16, some ¥0.190 (2.03%) from the current price of ¥9.35, our system finds the risk reward attractive.
Is CREATE TECHNOLOGY & SCIENCE CO., LTD. stock A Buy?
CREATE TECHNOLOGY & SCIENCE CO., LTD. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 6.481 Strong Buy Candidate Unchanged
Predicted Opening Price for CREATE TECHNOLOGY & SCIENCE CO., LTD. of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| ¥9.30 ( 0.499%) | ¥9.35 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000551.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.72 | 3.99 % | |
| R2 | 9.56 | 2.28 % | ||
| R1 | 9.46 | 1.22 % | ||
| Current price: | 9.35 | |||
| Support | S1 | 9.14 | -2.22 % | |
| S2 | 9.04 | -3.28 % | ||
| S3 | 8.88 | -4.99 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 9.35 | |||
| Support | S1 | 9.16 | -2.03% | |
| S2 | 8.84 | -5.45% | ||
| S3 | 8.71 | -6.84% |
000551 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 28, 2023 | Jul 28, 2023 | Jul 28, 2023 | ¥0.0700 | 0.670% |
| 2 | Jun 15, 2021 | Jun 15, 2021 | Jun 15, 2021 | ¥0.100 | 1.21% |
| 3 | Jun 15, 2018 | Jun 15, 2018 | Jun 15, 2018 | ¥0.100 | 1.62% |
| 4 | Jun 11, 2015 | Jun 11, 2015 | Jun 11, 2015 | ¥0.100 | 0.537% |
| 5 | May 28, 2012 | May 28, 2012 | May 28, 2012 | ¥0.0667 | 1.11% |
FAQ
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