BOE/Shs A Vtg 1.00 Stock Forecast
BOE/Shs A Vtg 1.00 stock upgraded from Sell Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)
The BOE/Shs A Vtg 1.00 stock price gained 2.03% on the last trading day (Thursday, 28th Mar 2024), rising from ¥3.95 to ¥4.03. It has now gained 4 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 3.56% from a day low at ¥3.93 to a day high of ¥4.07. The price has risen in 6 of the last 10 days and is up by 0.75% 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, 33 million more shares were traded than the day before. In total, 390 million shares were bought and sold for approximately ¥1.57 billion.
The stock lies in the middle of a 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 9.64% during the next 3 months and, with a 90% probability hold a price between ¥4.23 and ¥4.64 at the end of this 3-month period.
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000725.SZ Signals & Forecast
The BOE/Shs A Vtg 1.00 stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ¥3.97 and ¥3.97. A breakdown below any of these levels will issue sell signals. 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 Friday, March 01, 2024, and so far it has fallen -1.95%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for BOE/Shs A Vtg 1.00 stock
BOE/Shs A Vtg 1.00 finds support from accumulated volume at ¥3.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ¥0.140 between high and low, or 3.56%. For the last week the stock has had daily average volatility of 2.35%.
Our recommended stop-loss: ¥3.87 (-4.08%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)
Trading Expectations (000725.SZ) For The Upcoming Trading Day Of Friday 29th
For the upcoming trading day on Friday, 29th we expect BOE/Shs A Vtg 1.00 to open at ¥4.01, and during the day (based on 14 day Average True Range), to move between ¥3.95 and ¥4.11, which gives a possible trading interval of +/-¥0.0787 (+/-1.95%) up or down from last closing price. If BOE/Shs A Vtg 1.00 takes out the full calculated possible swing range there will be an estimated 3.90% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ¥4.05 (0.50%) than the support at ¥3.90 (3.23%), 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 BOE/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 BOE/Shs A Vtg 1.00 stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 3.581 Buy Candidate Upgraded
Predicted Opening Price for BOE/Shs A Vtg 1.00 of Friday, March 29, 2024
Fair opening price March 29, 2024 | Current price |
---|---|
¥4.01 ( 0.496%) | ¥4.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000725.SZ
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4.15 | 2.98 % | |
R2 | 4.10 | 1.65 % | ||
R1 | 4.06 | 0.83 % | ||
Current price: | 4.03 | |||
Support | S1 | 3.96 | -1.82 % | |
S2 | 3.92 | -2.64 % | ||
S3 | 3.87 | -3.97 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4.11 | 1.99 % | |
R2 | 4.06 | 0.744 % | ||
R1 | 4.05 | 0.496 % | ||
Current price | 4.03 | |||
Support | S1 | 3.90 | -3.23% | |
S2 | 3.88 | -3.72% | ||
S3 | 3.65 | -9.43% |
000725 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 07, 2023 | Jun 07, 2023 | Jun 07, 2023 | ¥0.0610 | 1.55% |
2 | May 30, 2022 | May 30, 2022 | May 30, 2022 | ¥0.210 | 5.61% |
3 | Jun 04, 2021 | Jun 04, 2021 | Jun 04, 2021 | ¥0.100 | 1.64% |
4 | Jul 06, 2020 | Jul 06, 2020 | Jul 06, 2020 | ¥0.0200 | 0.399% |
5 | May 31, 2019 | May 31, 2019 | May 31, 2019 | ¥0.0300 | 0.87% |
FAQ
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