RSI low/high Values: [ 25 - 80 ]
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AI Analysis of 000791.SZ
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Red day on Wednesday for GEPIC Energy Development Co Ltd stock after losing 2.26%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 25, 2024 Loss -1.57% PDF

The GEPIC Energy Development Co Ltd stock price fell by -2.26% on the last day (Wednesday, 27th Mar 2024) from ¥5.76 to ¥5.63. During the last trading day the stock fluctuated 3.39% from a day low at ¥5.61 to a day high of ¥5.80. The price has fallen in 4 of the last 10 days but is still up by 8.69% over the past 2 weeks. 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 -8 million shares and in total, 20 million shares were bought and sold for approximately ¥114.95 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect GEPIC Energy Development Co Ltd stock with a 90% probability to be traded between ¥4.63 and ¥6.19 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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000791.SZ Signals & Forecast

The GEPIC Energy Development 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 ¥5.84. On a fall, the stock will find some support from the long-term average at approximately ¥5.26. 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. 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. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -10.21%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Tuesday, March 05, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, March 05, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for GEPIC Energy Development Co Ltd stock

GEPIC Energy Development Co Ltd finds support from accumulated volume at ¥5.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ¥0.190 between high and low, or 3.39%. For the last week, the stock has had daily average volatility of 5.23%.

Our recommended stop-loss: ¥5.31 (-5.76%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (000791.SZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect GEPIC Energy Development Co Ltd to open at ¥5.68, and during the day (based on 14 day Average True Range), to move between ¥5.45 and ¥5.81, which gives a possible trading interval of +/-¥0.182 (+/-3.24%) up or down from last closing price. If GEPIC Energy Development Co Ltd takes out the full calculated possible swing range there will be an estimated 6.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥5.58 (0.89%) than the resistance at ¥5.80 (3.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is GEPIC Energy Development Co Ltd stock A Buy?

GEPIC Energy Development Co Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.315 Hold/Accumulate Unchanged

Predicted Opening Price for GEPIC Energy Development Co Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
¥5.68 ( 0.89%) ¥5.63

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

Trading levels for 000791.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.87 4.26 %
R2 5.80 2.97 %
R1 5.75 2.18 %
Current price: 5.63
Support S1 5.61 -0.401 %
S2 5.56 -1.20 %
S3 5.49 -2.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.27 11.37 %
R2 5.99 6.39 %
R1 5.80 3.02 %
Current price 5.63
Support S1 5.58 -0.89%
S2 5.18 -7.99%
S3 5.11 -9.24%

000791 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 ¥0.0600 1.14%
2 May 19, 2022 May 19, 2022 May 19, 2022 ¥0.0400 0.708%
3 Apr 27, 2021 Apr 27, 2021 Apr 27, 2021 ¥0.130 3.13%
4 May 22, 2020 May 22, 2020 May 22, 2020 ¥0.100 3.25%
5 Apr 24, 2019 Apr 24, 2019 Apr 24, 2019 ¥0.107 2.28%

FAQ

What is the symbol for GEPIC Energy Development Co Ltd Stock and on which exchange is it traded?
The symbol for GEPIC Energy Development Co Ltd is 000791.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell GEPIC Energy Development Co Ltd Stock?
GEPIC Energy Development Co Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy GEPIC Energy Development Co Ltd Stock?
GEPIC Energy Development 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 GEPIC Energy Development Co Ltd Stock.

What's the current price of GEPIC Energy Development Co Ltd Stock?
As of the end of day on the 2024-03-27, the price of an GEPIC Energy Development Co Ltd (000791.SZ) share was ¥5.63.

What is the 52-week high and low for GEPIC Energy Development Co Ltd Stock?
The 52-week high for GEPIC Energy Development Co Ltd Stock is ¥6.68 and the 52-week low is ¥4.55.

What is the market capitalization of GEPIC Energy Development Co Ltd Stock?
As of the 2024-03-27, the market capitalization of GEPIC Energy Development Co Ltd is 9.011B.
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About GEPIC Energy Development Co Ltd

GEPIC Energy Development Co., Ltd. invests in and develops new energy and hydroelectric renewable energy projects in China. The company also engages in the provision of production and operation related information consulting services. It operates 21 hydropower plants with a total installed capacity of 1,698,900 kilowatts; 4 wind power plants with a total installed capacity of 818,100 kilowatts; and 3 photovoltaic plants with a total installed cap... 000791.SZ Profile

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