BOOKOOK Securities Co., Ltd. Stock Forecast
BOOKOOK Securities Co., Ltd. stock price up 0.241% on Friday
(Updated on May 03, 2024)
The BOOKOOK Securities Co., Ltd. stock price gained 0.241% on the last trading day (Friday, 3rd May 2024), rising from ₩20,750.00 to ₩20,800.00. During the last trading day the stock fluctuated 0.240% from a day low at ₩20,800.00 to a day high of ₩20,850.00. The price has risen in 5 of the last 10 days and is up by 2.21% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 40 shares were bought and sold for approximately ₩832.00 thousand. 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.
The stock lies in the middle of a 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 -3.52% during the next 3 months and, with a 90% probability hold a price between ₩19,429.99 and ₩20,850.72 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
001275.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 2.46%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The BOOKOOK Securities Co., Ltd. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₩20,965.71. On a fall, the stock will find some support from the short-term average at ₩20,607.14. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for BOOKOOK Securities Co., Ltd. stock
BOOKOOK Securities Co., Ltd. finds support from accumulated volume at ₩20,750.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ₩50.00 between high and low, or 0.240%. For the last week the stock has had daily average volatility of 0.684%
Our recommended stop-loss: ₩19,800.37 (-4.81%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (001275.KS) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect BOOKOOK Securities Co., Ltd. to open at ₩20,816.67, and during the day (based on 14 day Average True Range), to move between ₩20,600.08 and ₩20,999.92, which gives a possible trading interval of +/-₩199.92 (+/-0.96%) up or down from last closing price. If BOOKOOK Securities Co., Ltd. takes out the full calculated possible swing range there will be an estimated 1.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩20,750.00 (0.24%) than the resistance at ₩21,300.00 (2.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is BOOKOOK Securities Co., Ltd. stock A Buy?
BOOKOOK Securities 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: -0.103 Hold/Accumulate Unchanged
Predicted Opening Price for BOOKOOK Securities Co., Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| ₩20,816.67 ( 0.0801%) | ₩20,800.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 001275.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 20,866.67 | 0.321 % | |
| R2 | 20,847.57 | 0.229 % | ||
| R1 | 20,835.77 | 0.172 % | ||
| Current price: | 20,800.00 | |||
| Support | S1 | 20,797.57 | -0.0117 % | |
| S2 | 20,785.77 | -0.0684 % | ||
| S3 | 20,766.67 | -0.160 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 21,900.00 | 5.29 % | |
| R2 | 21,800.00 | 4.81 % | ||
| R1 | 21,300.00 | 2.40 % | ||
| Current price | 20,800.00 | |||
| Support | S1 | 20,750.00 | -0.240% | |
| S2 | 20,600.00 | -0.96% | ||
| S3 | 20,500.00 | -1.44% |
001275 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | ₩0 | 0% |
| 2 | Dec 27, 2023 | Dec 27, 2023 | Apr 08, 2024 | ₩1,550.00 | 7.49% |
| 3 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩1,550.00 | 8.45% |
| 4 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩1,650.00 | 7.47% |
| 5 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩1,250.00 | 6.35% |
FAQ
Click here for our free guide on how to buy BOOKOOK Securities Co., Ltd. Stock.
