14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 000760.KS
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Rifa Co.,Ltd. stock price ended at ₩14,970.00 on Monday, after gaining 2.04%.
(Updated on May 20, 2024)

Buy candidate since May 17, 2024 Gain 2.04% PDF

The Rifa Co.,Ltd. stock price gained 2.04% on the last trading day (Monday, 20th May 2024), rising from ₩14,670.00 to ₩14,970.00. 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 3.59% from a day low at ₩14,500.00 to a day high of ₩15,020.00. The price has risen in 7 of the last 10 days and is up by 4.98% 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, 3 thousand more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately ₩93.01 million.

The stock lies in the middle of a wide and 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 -6.73% during the next 3 months and, with a 90% probability hold a price between ₩12,831.14 and ₩14,267.65 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

000760.KS Signals & Forecast

Mostly positive signals in the chart today. The Rifa 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 ₩14,687.14 and ₩14,602.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 6.17%. 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 Rifa Co.,Ltd. stock

Rifa Co.,Ltd. finds support from accumulated volume at ₩14,930.00 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 ₩520.00 between high and low, or 3.59%. For the last week the stock has had daily average volatility of 2.90%.

Our recommended stop-loss: ₩14,440.06 (-3.54%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 39 days ago.)

Trading Expectations (000760.KS) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Rifa Co.,Ltd. to open at ₩14,830.00, and during the day (based on 14 day Average True Range), to move between ₩14,581.02 and ₩15,358.98, which gives a possible trading interval of +/-₩388.98 (+/-2.60%) up or down from last closing price. If Rifa Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₩14,930.00 (0.27%) than the resistance at ₩15,740.00 (5.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Rifa 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.

Current score: 2.901 Buy Candidate Unchanged

Predicted Opening Price for Rifa Co.,Ltd. of Tuesday, May 21, 2024

Fair opening price May 21, 2024 Current price
₩14,830.00 ( 0.94%) ₩14,970.00

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

Trading levels for 000760.KS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15,350.00 2.54 %
R2 15,151.36 1.21 %
R1 15,028.64 0.392 %
Current price: 14,970.00
Support S1 14,631.36 -2.26 %
S2 14,508.64 -3.08 %
S3 14,310.00 -4.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15,990.00 6.81 %
R2 15,930.00 6.41 %
R1 15,740.00 5.14 %
Current price 14,970.00
Support S1 14,930.00 -0.267%
S2 14,900.00 -0.468%
S3 14,440.00 -3.54%

FAQ

What is the symbol for Rifa Co.,Ltd. Stock and on which exchange is it traded?
The symbol for Rifa Co.,Ltd. is 000760.KS and it is traded on the KSE (Korea Exchange).

Should I buy or sell Rifa 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.

How to buy Rifa Co.,Ltd. Stock?
Rifa 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 Rifa Co.,Ltd. Stock.

What's the current price of Rifa Co.,Ltd. Stock?
As of the end of day on the May 20, 2024, the price of an Rifa Co.,Ltd. (000760.KS) share was ₩14,970.00.

What is the 52-week high and low for Rifa Co.,Ltd. Stock?
The 52-week high for Rifa Co.,Ltd. Stock is ₩30,900.00 and the 52-week low is ₩14,000.00.

What is the market capitalization of Rifa Co.,Ltd. Stock?
As of the May 20, 2024, the market capitalization of Rifa Co.,Ltd. is 41.916B.
Click to get the best stock tips daily for free!