SK Securities Co., Ltd. Stock Forecast
Red day on Thursday for SK Securities Co., Ltd.
(Updated on Jun 27, 2024)
The SK Securities Co., Ltd. stock price fell by -0.356% on the last day (Thursday, 27th Jun 2024) from ₩562.00 to ₩560.00. During the last trading day the stock fluctuated 1.25% from a day low at ₩558.00 to a day high of ₩565.00. The price has risen in 5 of the last 10 days but is still down by -1.06% for this period. 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 -304 thousand shares and in total, 628 thousand shares were bought and sold for approximately ₩351.58 million.
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 -8.14% during the next 3 months and, with a 90% probability hold a price between ₩503.46 and ₩528.90 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
001510.KS Signals & Forecast
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 SK Securities Co., Ltd. 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 ₩566.14 and ₩576.23. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -3.45%. 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.
Support, Risk & Stop-loss for SK Securities Co., Ltd. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 ₩7.00 between high and low, or 1.25%. For the last week the stock has had daily average volatility of 2.07%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (001510.KS) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect SK Securities Co., Ltd. to open at ₩561.00, and during the day (based on 14 day Average True Range), to move between ₩550.04 and ₩569.96, which gives a possible trading interval of +/-₩9.96 (+/-1.78%) up or down from last closing price. If SK Securities Co., Ltd. takes out the full calculated possible swing range there will be an estimated 3.56% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ₩562.00, some ₩2.00 (0.36%) from the current price of ₩560.00, our system finds the risk reward not very attractive.
Is SK Securities Co., Ltd. stock A Buy?
SK Securities Co., Ltd. holds several negative signals and is within a 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: -3.787 Sell Candidate Unchanged
Predicted Opening Price for SK Securities Co., Ltd. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| ₩561.00 ( 0.179%) | ₩560.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 001510.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 568.00 | 1.43% |
| R2 | 565.33 | 0.95% |
| R1 | 563.67 | 0.656% |
| Price | 560.00 | |
| S1 | 558.33 | -0.299% |
| S2 | 556.67 | -0.594% |
| S3 | 554.00 | -1.07% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 596.00 | 6.43% |
| R2 | 580.00 | 3.57% |
| R1 | 562.00 | 0.357% |
| Price | 560.00 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
001510 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 29, 2024 | ₩5.00 | 0.83% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩5.00 | 0.784% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩15.00 | 1.47% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩10.00 | 1.26% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩10.00 | 1.65% |
FAQ
Click here for our free guide on how to buy SK Securities Co., Ltd. Stock.
