Shenzhen Comix Group Co., Ltd. Stock Forecast
Red day on Tuesday for Shenzhen Comix Group Co., Ltd.
(Updated on Jun 25, 2024)
No changes to the price of Shenzhen Comix Group Co., Ltd. stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 5.29% from a day low at ¥4.73 to a day high of ¥4.98. The price has fallen in 5 of the last 10 days and is down by -5.89% for this period.
The stock lies in the middle of a very wide and 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 -11.15% during the next 3 months and, with a 90% probability hold a price between ¥3.87 and ¥4.85 at the end of this 3-month period.
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002301.SZ Signals & Forecast
There are mixed signals in the stock today. The Shenzhen Comix Group 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 ¥5.00 and ¥5.41. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has fallen 0%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.
Support, Risk & Stop-loss for Shenzhen Comix Group 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.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ¥0.250 between high and low, or 5.29%. For the last week, the stock has had daily average volatility of 3.59%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (002301.SZ) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Shenzhen Comix Group Co., Ltd. to open at ¥4.83, and during the day (based on 14 day Average True Range), to move between ¥4.56 and ¥5.02, which gives a possible trading interval of +/-¥0.230 (+/-4.80%) up or down from last closing price. If Shenzhen Comix Group Co., Ltd. takes out the full calculated possible swing range there will be an estimated 9.60% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ¥5.73, some ¥0.94 (19.62%) from the current price of ¥4.79, our system finds the risk reward not very attractive.
Is Shenzhen Comix Group Co., Ltd. stock A Buy?
Shenzhen Comix Group Co., Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -4.217 Sell Candidate Unchanged
Predicted Opening Price for Shenzhen Comix Group Co., Ltd. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| ¥4.83 ( 0.90%) | ¥4.79 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 002301.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.08 | 6.12% |
| R2 | 4.99 | 4.13% |
| R1 | 4.93 | 2.90% |
| Price | 4.79 | |
| S1 | 4.74 | -1.09% |
| S2 | 4.68 | -2.32% |
| S3 | 4.58 | -4.31% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.82 | 21.50% |
| R2 | 5.77 | 20.46% |
| R1 | 5.73 | 19.62% |
| Price | 4.79 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
002301 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 28, 2024 | May 28, 2024 | May 28, 2024 | ¥0.0830 | 1.53% |
| 2 | Jul 08, 2021 | Jul 08, 2021 | Jul 08, 2021 | ¥0.0700 | 0.750% |
| 3 | Jul 08, 2020 | Jul 08, 2020 | Jul 08, 2020 | ¥0.150 | 0.83% |
| 4 | May 09, 2019 | May 09, 2019 | May 09, 2019 | ¥0.300 | 3.09% |
| 5 | May 28, 2018 | May 28, 2018 | May 28, 2018 | ¥0.0333 | 0.221% |
FAQ
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