ORION Holdings Corp. Stock Forecast
ORION Holdings Corp. stock price ended at ₩15,250.00 on Thursday, after gaining 1.19%.
(Updated on Jun 20, 2024)
The ORION Holdings Corp. stock price gained 1.19% on the last trading day (Thursday, 20th Jun 2024), rising from ₩15,070.00 to ₩15,250.00. During the last trading day the stock fluctuated 2.52% from a day low at ₩15,060.00 to a day high of ₩15,440.00. The price has risen in 6 of the last 10 days and is up by 2.97% over the past 2 weeks. Volume fell on the last day by -33 thousand shares and in total, 55 thousand shares were bought and sold for approximately ₩840.89 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.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.97% during the next 3 months and, with a 90% probability hold a price between ₩15,947.85 and ₩17,397.04 at the end of this 3-month period.
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001800.KS Signals & Forecast
The ORION Holdings Corp. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ₩15,428.57. On a fall, the stock will find some support from the long-term average at approximately ₩14,978.86. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -4.09%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Friday, September 15, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, September 15, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for ORION Holdings Corp. stock
ORION Holdings Corp. finds support from accumulated volume at ₩15,090.00 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 ₩380.00 (2.52%) between high and low. For the last week, the stock has had daily average volatility of 3.01%.
Our recommended stop-loss: ₩14,671.94 (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (001800.KS) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect ORION Holdings Corp. to open at ₩15,250.00, and during the day (based on 14 day Average True Range), to move between ₩14,919.69 and ₩15,580.31, which gives a possible trading interval of +/-₩330.31 (+/-2.17%) up or down from last closing price. If ORION Holdings Corp. takes out the full calculated possible swing range there will be an estimated 4.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩15,280.00 (0.20%) than the support at ₩15,090.00 (1.05%), 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 ORION Holdings Corp. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ORION Holdings Corp. stock to perform well in the short-term.
Current score: 1.269 Buy Candidate Unchanged
Predicted Opening Price for ORION Holdings Corp. of Friday, June 21, 2024
Fair opening price June 21, 2024 | Current price |
---|---|
₩15,250.00 ( 0%) | ₩15,250.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 001800.KS
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 15,630.00 | 2.49% |
R2 | 15,484.84 | 1.54% |
R1 | 15,395.16 | 0.95% |
Price | 15,250.00 | |
S1 | 15,104.84 | -0.95% |
S2 | 15,015.16 | -1.54% |
S3 | 14,870.00 | -2.49% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 15,680.00 | 2.82% |
R2 | 15,330.00 | 0.525% |
R1 | 15,280.00 | 0.197% |
Price | 15,250.00 | |
S1 | 15,090.00 | -1.05% |
S2 | 15,050.00 | -1.31% |
S3 | 14,000.00 | -8.20% |
001800 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 27, 2023 | Dec 27, 2023 | Apr 22, 2024 | ₩700.00 | 4.93% |
2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩700.00 | 4.47% |
3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩650.00 | 4.06% |
4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩650.00 | 4.89% |
5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩650.00 | 3.74% |
FAQ
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