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AI Analysis of 000893.SZ
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Green day on Friday for Donlinks International Investment Co Ltd
(Updated on May 17, 2024)

Buy or Hold candidate since May 10, 2024 Loss -0.10% PDF

The Donlinks International Investment Co Ltd stock price gained 1.23% on the last trading day (Friday, 17th May 2024), rising from ¥19.55 to ¥19.79. During the last trading day the stock fluctuated 2.74% from a day low at ¥19.35 to a day high of ¥19.88. The price has risen in 6 of the last 10 days and is up by 11.18% over the past 2 weeks. Volume fell on the last day by -9 million shares and in total, 11 million shares were bought and sold for approximately ¥226.48 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -19.65% during the next 3 months and, with a 90% probability hold a price between ¥13.33 and ¥15.90 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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000893.SZ Signals & Forecast

Mostly positive signals in the chart today. The Donlinks International Investment 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 ¥19.58 and ¥19.32. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 24, 2024, and so far it has risen 11.56%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Donlinks International Investment Co Ltd stock

On the downside, the stock finds support just below today's level from accumulated volume at ¥18.75 and ¥18.69. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Donlinks International Investment Co Ltd finds support just below today's level at ¥18.75. If this is broken, then the next support from accumulated volume will be at ¥18.69 and ¥17.80.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ¥0.530 between high and low, or 2.74%. For the last week, the stock has had daily average volatility of 4.21%.

Our recommended stop-loss: ¥19.04 (-3.81%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (000893.SZ) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Donlinks International Investment Co Ltd to open at ¥19.67, and during the day (based on 14 day Average True Range), to move between ¥18.64 and ¥20.94, which gives a possible trading interval of +/-¥1.15 (+/-5.82%) up or down from last closing price. If Donlinks International Investment Co Ltd takes out the full calculated possible swing range there will be an estimated 11.64% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ¥20.11 (1.62%) than the support at ¥18.75 (5.26%), 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 Donlinks International Investment 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: 1.126 Buy Candidate Unchanged

Predicted Opening Price for Donlinks International Investment Co Ltd of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
¥19.67 ( 0.590%) ¥19.79

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

Trading levels for 000893.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.20 2.09 %
R2 20.00 1.07 %
R1 19.88 0.434 %
Current price: 19.79
Support S1 19.47 -1.61 %
S2 19.35 -2.24 %
S3 19.14 -3.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 20.65 4.35 %
R2 20.27 2.43 %
R1 20.11 1.62 %
Current price 19.79
Support S1 18.75 -5.26%
S2 18.69 -5.56%
S3 17.80 -10.06%

000893 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 22, 2014 May 22, 2014 May 22, 2014 ¥0.100 0.93%
2 Jun 17, 2013 Jun 17, 2013 Jun 17, 2013 ¥0.101 1.08%
3 Sep 25, 2006 Sep 25, 2006 Sep 25, 2006 ¥0.0303 1.14%
4 Aug 31, 2006 Aug 31, 2006 Aug 31, 2006 ¥0.0105 0.379%

FAQ

What is the symbol for Donlinks International Investment Co Ltd Stock and on which exchange is it traded?
The symbol for Donlinks International Investment Co Ltd is 000893.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Donlinks International Investment 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 Donlinks International Investment Co Ltd Stock?
Donlinks International Investment 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 Donlinks International Investment Co Ltd Stock.

What's the current price of Donlinks International Investment Co Ltd Stock?
As of the end of day on the May 17, 2024, the price of an Donlinks International Investment Co Ltd (000893.SZ) share was ¥19.79.

What is the 52-week high and low for Donlinks International Investment Co Ltd Stock?
The 52-week high for Donlinks International Investment Co Ltd Stock is ¥30.80 and the 52-week low is ¥16.99.

What is the market capitalization of Donlinks International Investment Co Ltd Stock?
As of the May 17, 2024, the market capitalization of Donlinks International Investment Co Ltd is 18.046B.

When is the next earnings date for Donlinks International Investment Co Ltd?
The upcoming earnings date for Donlinks International Investment Co Ltd is May 20, 2025.
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About Donlinks International Investment Co Ltd

Donlinks International Investment Co Ltd Asia-Potash International Investment (Guangzhou)Co.,Ltd. engages in the produces and sells potash fertilizers in China and internationally. It is also involved in the grain trading and potash mining activities. In addition, the company engages in shipping of bulk commodities, such as coal and iron ores; and the logistic activities. Further, it has the right to exploit 35 square kilometers area of potash salt deposits in Khammuane Province, Lao PD... 000893.SZ Profile

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