ANSC/Shs A Vtg 1.00 Stock Forecast
ANSC/Shs A Vtg 1.00 stock price ended at ¥2.45 on Friday, after gaining 2.08%.
(Updated on Apr 26, 2024)
The ANSC/Shs A Vtg 1.00 stock price gained 2.08% on the last trading day (Friday, 26th Apr 2024), rising from ¥2.40 to ¥2.45. During the last trading day the stock fluctuated 6.30% from a day low at ¥2.38 to a day high of ¥2.53. The price has fallen in 4 of the last 10 days and is down by -2.78% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 million more shares were traded than the day before. In total, 40 million shares were bought and sold for approximately ¥99.06 million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ANSC/Shs A Vtg 1.00 stock with a 90% probability to be traded between ¥2.25 and ¥2.56 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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000898.SZ Signals & Forecast
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. The ANSC/Shs A Vtg 1.00 stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ¥2.46 and ¥2.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 22, 2024, and so far it has fallen -4.30%. 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 ANSC/Shs A Vtg 1.00 stock
ANSC/Shs A Vtg 1.00 finds support from accumulated volume at ¥2.42 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 ¥0.150 (6.30%) between high and low. For the last week, the stock has had daily average volatility of 5.68%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (000898.SZ) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect ANSC/Shs A Vtg 1.00 to open at ¥2.45, and during the day (based on 14 day Average True Range), to move between ¥2.36 and ¥2.54, which gives a possible trading interval of +/-¥0.0945 (+/-3.86%) up or down from last closing price. If ANSC/Shs A Vtg 1.00 takes out the full calculated possible swing range there will be an estimated 7.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ¥2.42 (1.22%) than the resistance at ¥2.50 (2.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ANSC/Shs A Vtg 1.00 stock A Buy?
ANSC/Shs A Vtg 1.00 holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.711 Sell Candidate Unchanged
Predicted Opening Price for ANSC/Shs A Vtg 1.00 of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
¥2.45 ( 0.136%) | ¥2.45 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 000898.SZ
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 2.60 | 6.26 % | |
R2 | 2.55 | 3.92 % | ||
R1 | 2.51 | 2.47 % | ||
Current price: | 2.45 | |||
Support | S1 | 2.40 | -2.20 % | |
S2 | 2.36 | -3.65 % | ||
S3 | 2.30 | -5.99 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 2.53 | 3.27 % | |
R2 | 2.51 | 2.45 % | ||
R1 | 2.50 | 2.04 % | ||
Current price | 2.45 | |||
Support | S1 | 2.42 | -1.22% | |
S2 | 2.40 | -2.04% | ||
S3 | 2.39 | -2.45% |
000898 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 27, 2023 | Jun 27, 2023 | Jun 27, 2023 | ¥0.0068 | 0.246% |
2 | Jun 23, 2022 | Jun 23, 2022 | Jun 23, 2022 | ¥0.221 | 6.82% |
3 | Jun 23, 2021 | Jun 23, 2021 | Jun 23, 2021 | ¥0.0840 | 1.91% |
4 | Jun 30, 2020 | Jun 30, 2020 | Jun 30, 2020 | ¥0.0570 | 2.33% |
5 | Jun 28, 2019 | Jun 28, 2019 | Jun 28, 2019 | ¥0.169 | 4.47% |
FAQ
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