BOE/Shs A Vtg 1.00 Stock Forecast
BOE/Shs A Vtg 1.00 stock upgraded to Strong Buy Candidate.
(Updated on Apr 26, 2024)
The BOE/Shs A Vtg 1.00 stock price gained 1.16% on the last trading day (Friday, 26th Apr 2024), rising from ¥4.32 to ¥4.37. 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 2.10% from a day low at ¥4.28 to a day high of ¥4.37. The price has risen in 6 of the last 10 days and is up by 3.31% 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, 5 million more shares were traded than the day before. In total, 358 million shares were bought and sold for approximately ¥1.57 billion.
The stock lies in the middle of a 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 15.03% during the next 3 months and, with a 90% probability hold a price between ¥4.78 and ¥5.17 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. 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 ¥4.28 and ¥4.15. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 23, 2024, and so far it has risen 3.80%. Further rise is indicated until a new top pivot has been found. 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. 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 ¥4.34 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 ¥0.0900 (2.10%) between high and low. For the last week, the stock has had daily average volatility of 2.32%.
Our recommended stop-loss: ¥4.17 (-4.67%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (000725.SZ) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect BOE/Shs A Vtg 1.00 to open at ¥4.34, and during the day (based on 14 day Average True Range), to move between ¥4.26 and ¥4.48, which gives a possible trading interval of +/-¥0.112 (+/-2.55%) 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 5.11% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ¥4.34, some ¥0.0300 (0.69%) from the current price of ¥4.37, our system finds the risk reward attractive.
Earnings coming up
BOE/Shs A Vtg 1.00 will release earnings BMO on Monday, April 29, 2024. We will update the financials statements for BOE/Shs A Vtg 1.00, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.45% in the first trading day after earnings release.
Is BOE/Shs A Vtg 1.00 stock A Buy?
BOE/Shs A Vtg 1.00 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 6.320 Strong Buy Candidate Upgraded
Predicted Opening Price for BOE/Shs A Vtg 1.00 of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| ¥4.34 ( 0.686%) | ¥4.37 |
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 | 4.43 | 1.37 % | |
| R2 | 4.40 | 0.586 % | ||
| R1 | 4.37 | 0.100 % | ||
| Current price: | 4.37 | |||
| Support | S1 | 4.31 | -1.47 % | |
| S2 | 4.28 | -1.96 % | ||
| S3 | 4.25 | -2.75 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 4.37 | |||
| Support | S1 | 4.34 | -0.686% | |
| S2 | 4.30 | -1.60% | ||
| S3 | 4.05 | -7.32% |
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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