RSI low/high Values: [ 25 - 75 ]
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AI Analysis of 000619.SZ
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Stronger technical forecast for Wuhu Conch Profiles and Science Co., Ltd stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Wuhu Conch Profiles and Science Co., Ltd stock price fell by -3.21% on the last day (Wednesday, 27th Mar 2024) from ¥5.30 to ¥5.13. During the last trading day the stock fluctuated 4.09% from a day low at ¥5.13 to a day high of ¥5.34. The price has risen in 6 of the last 10 days but is still down by -0.39% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 million shares and in total, 6 million shares were bought and sold for approximately ¥28.56 million.

The stock lies the upper part of a very wide and falling 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 ¥5.63 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -29.29% during the next 3 months and, with a 90% probability hold a price between ¥2.04 and ¥3.98 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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000619.SZ Signals & Forecast

The Wuhu Conch Profiles and Science Co., Ltd stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ¥5.32. On a fall, the stock will find some support from the long-term average at approximately ¥4.94. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 24.82%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Wuhu Conch Profiles and Science Co., Ltd stock

Wuhu Conch Profiles and Science Co., Ltd finds support from accumulated volume at ¥4.94 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 ¥0.210 between high and low, or 4.09%. For the last week, the stock has had daily average volatility of 4.14%.

Our recommended stop-loss: ¥4.93 (-3.88%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (000619.SZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Wuhu Conch Profiles and Science Co., Ltd to open at ¥5.20, and during the day (based on 14 day Average True Range), to move between ¥4.93 and ¥5.33, which gives a possible trading interval of +/-¥0.201 (+/-3.91%) up or down from last closing price. If Wuhu Conch Profiles and Science Co., Ltd takes out the full calculated possible swing range there will be an estimated 7.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥4.94 (3.70%) than the resistance at ¥5.74 (11.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Wuhu Conch Profiles and Science Co., Ltd stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for 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: 1.511 Buy Candidate Upgraded

Predicted Opening Price for Wuhu Conch Profiles and Science Co., Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
¥5.20 ( 1.36%) ¥5.13

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

Trading levels for 000619.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.41 5.46 %
R2 5.33 3.89 %
R1 5.28 2.93 %
Current price: 5.13
Support S1 5.12 -0.199 %
S2 5.07 -1.17 %
S3 4.99 -2.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.17 20.27 %
R2 6.00 16.96 %
R1 5.74 11.89 %
Current price 5.13
Support S1 4.94 -3.70%
S2 4.79 -6.63%
S3 4.35 -15.20%

000619 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 11, 2021 Jun 11, 2021 Jun 11, 2021 ¥0.0500 0.96%
2 Jun 17, 2020 Jun 17, 2020 Jun 17, 2020 ¥0.0300 0.616%
3 Jun 20, 2017 Jun 20, 2017 Jun 20, 2017 ¥0.100 1.06%
4 Jun 17, 2016 Jun 17, 2016 Jun 17, 2016 ¥0.100 0.87%
5 Jun 15, 2015 Jun 15, 2015 Jun 15, 2015 ¥0.100 0.452%

FAQ

What is the symbol for Wuhu Conch Profiles and Science Co., Ltd Stock and on which exchange is it traded?
The symbol for Wuhu Conch Profiles and Science Co., Ltd is 000619.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Wuhu Conch Profiles and Science Co., Ltd Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for 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 Wuhu Conch Profiles and Science Co., Ltd Stock?
Wuhu Conch Profiles and Science 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 Wuhu Conch Profiles and Science Co., Ltd Stock.

What's the current price of Wuhu Conch Profiles and Science Co., Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Wuhu Conch Profiles and Science Co., Ltd (000619.SZ) share was ¥5.13.

What is the 52-week high and low for Wuhu Conch Profiles and Science Co., Ltd Stock?
The 52-week high for Wuhu Conch Profiles and Science Co., Ltd Stock is ¥7.70 and the 52-week low is ¥4.01.

What is the market capitalization of Wuhu Conch Profiles and Science Co., Ltd Stock?
As of the 2024-03-27, the market capitalization of Wuhu Conch Profiles and Science Co., Ltd is 2.263B.
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About Wuhu Conch Profiles and Science Co., Ltd

Wuhu Conch Profiles and Science Co. Ltd Conch (Anhui) Energy Saving and Environment Protection New Material Co., Ltd. manufactures and sells chemical and building materials in China. It provides metal material, building decoration materials, lightweight building materials, chemical product, plastic steel and aluminum alloy profiles, solar photovoltaic supporting materials, precision molds, doors and windows, and ecological panels. The company was formerly known as Wuhu Conch Profiles a... 000619.SZ Profile

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