Eusu Holdings Co., Ltd. Stock Forecast
Red day on Friday for Eusu Holdings Co., Ltd.
(Updated on May 17, 2024)
No changes to the price of Eusu Holdings Co., Ltd. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 1.81% from a day low at ₩5,540.00 to a day high of ₩5,640.00. The price has fallen in 4 of the last 10 days and is down by -1.24% for this period.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.24% during the next 3 months and, with a 90% probability hold a price between ₩5,011.92 and ₩5,481.31 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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000700.KS Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Eusu Holdings Co., Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₩5,658.57 and ₩5,580.00. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -3.13%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Eusu Holdings Co., Ltd. stock
Eusu Holdings Co., Ltd. finds support from accumulated volume at ₩5,550.00 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 ₩100.00 (1.81%) between high and low. For the last week, the stock has had daily average volatility of 1.61%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (000700.KS) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Eusu Holdings Co., Ltd. to open at ₩5,583.33, and during the day (based on 14 day Average True Range), to move between ₩5,479.78 and ₩5,660.22, which gives a possible trading interval of +/-₩90.22 (+/-1.62%) up or down from last closing price. If Eusu Holdings Co., Ltd. takes out the full calculated possible swing range there will be an estimated 3.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩5,550.00 (0.36%) than the resistance at ₩5,660.00 (1.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Eusu Holdings Co., Ltd. stock A Buy?
Eusu Holdings Co., Ltd. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -5.408 Strong Sell Candidate Unchanged
Predicted Opening Price for Eusu Holdings Co., Ltd. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| ₩5,583.33 ( 0.239%) | ₩5,570.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000700.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,683.33 | 2.03 % | |
| R2 | 5,645.13 | 1.35 % | ||
| R1 | 5,621.53 | 0.93 % | ||
| Current price: | 5,570.00 | |||
| Support | S1 | 5,545.13 | -0.446 % | |
| S2 | 5,521.53 | -0.87 % | ||
| S3 | 5,483.33 | -1.56 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,720.00 | 2.69 % | |
| R2 | 5,680.00 | 1.97 % | ||
| R1 | 5,660.00 | 1.62 % | ||
| Current price | 5,570.00 | |||
| Support | S1 | 5,550.00 | -0.359% | |
| S2 | 5,530.00 | -0.718% | ||
| S3 | 5,500.00 | -1.26% |
000700 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 22, 2024 | ₩400.00 | 7.34% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩400.00 | 5.99% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩400.00 | 6.24% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩500.00 | 8.62% |
| 5 | Dec 28, 2016 | Dec 28, 2016 | Dec 28, 2016 | ₩50.00 | 0.87% |
FAQ
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