Kbi Dongkook Ind.Co.,Ltd. Stock Forecast
Kbi Dongkook Ind.Co.,Ltd. stock price ended at ₩621.00 on Monday, after losing 0%.
(Updated on Jun 24, 2024)
No changes to the price of Kbi Dongkook Ind.Co.,Ltd. stock on the last trading day (Monday, 24th Jun 2024). During the last trading day the stock fluctuated 2.29% from a day low at ₩612.00 to a day high of ₩626.00. The price has fallen in 6 of the last 10 days and is down by -1.74% for this period.
Given the current short-term trend, the stock is expected to rise 13.34% during the next 3 months and, with a 90% probability hold a price between ₩703.82 and ₩786.59 at the end of this 3-month period.
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001620.KS Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kbi Dongkook Ind.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 ₩626.86 and ₩627.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -5.91%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Kbi Dongkook Ind.Co.,Ltd. stock
Kbi Dongkook Ind.Co.,Ltd. finds support from accumulated volume at ₩600.00 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₩14.00 between high and low, or 2.29%. For the last week the stock has had daily average volatility of 2.46%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (001620.KS) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect Kbi Dongkook Ind.Co.,Ltd. to open at ₩619.67, and during the day (based on 14 day Average True Range), to move between ₩603.90 and ₩638.10, which gives a possible trading interval of +/-₩17.10 (+/-2.75%) up or down from last closing price. If Kbi Dongkook Ind.Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩626.00 (0.81%) than the support at ₩600.00 (3.38%), 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 Kbi Dongkook Ind.Co.,Ltd. stock A Buy?
The Kbi Dongkook Ind.Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Kbi Dongkook Ind.Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.002 Sell Candidate Unchanged
Predicted Opening Price for Kbi Dongkook Ind.Co.,Ltd. of Tuesday, June 25, 2024
| Fair opening price June 25, 2024 | Current price |
|---|---|
| ₩619.67 ( 0.215%) | ₩621.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 001620.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 633.67 | 2.04% |
| R2 | 628.32 | 1.18% |
| R1 | 625.01 | 0.646% |
| Price | 621.00 | |
| S1 | 614.32 | -1.08% |
| S2 | 611.01 | -1.61% |
| S3 | 605.67 | -2.47% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 632.00 | 1.77% |
| R2 | 631.00 | 1.61% |
| R1 | 626.00 | 0.81% |
| Price | 621.00 | |
| S1 | 600.00 | -3.38% |
| S2 | 593.00 | -4.51% |
| S3 | 559.00 | -9.98% |
001620 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 29, 2010 | Dec 29, 2010 | Dec 29, 2010 | ₩21.09 | 1.11% |
| 2 | Dec 29, 2009 | Dec 29, 2009 | Dec 29, 2009 | ₩21.09 | 2.23% |
| 3 | Dec 27, 2007 | Dec 27, 2007 | Dec 27, 2007 | ₩8.44 | 0.407% |
| 4 | Dec 27, 2006 | Dec 27, 2006 | Dec 27, 2006 | ₩12.66 | 2.24% |
| 5 | Dec 28, 2005 | Dec 28, 2005 | Dec 28, 2005 | ₩12.66 | 2.34% |
FAQ
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