Kaiser China Culture Co Ltd Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
High volatility in Kaiser China Culture Co Ltd stock price on Tuesday which ended trading at ¥3.25
(Updated on Apr 30, 2024)
The Kaiser China Culture Co Ltd stock price gained 1.56% on the last trading day (Tuesday, 30th Apr 2024), rising from ¥3.20 to ¥3.25. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 12.63% from a day low at ¥2.93 to a day high of ¥3.30. The price has risen in 6 of the last 10 days and is up by 19.93% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 27 million shares were bought and sold for approximately ¥86.66 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 is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Kaiser China Culture Co Ltd stock with a 90% probability to be traded between ¥2.58 and ¥4.24 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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002425.SZ Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 19.93%. 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). 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. The Kaiser China Culture 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 ¥3.43. On a fall, the stock will find some support from the short-term average at ¥3.00. 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.
Support, Risk & Stop-loss for Kaiser China Culture Co Ltd stock
Kaiser China Culture Co Ltd finds support from accumulated volume at ¥3.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ¥0.370 between high and low, or 12.63%. For the last week, the stock has had daily average volatility of 6.53%.
Our recommended stop-loss: ¥3.13 (-3.54%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (002425.SZ) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Kaiser China Culture Co Ltd to open at ¥3.16, and during the day (based on 14 day Average True Range), to move between ¥2.98 and ¥3.52, which gives a possible trading interval of +/-¥0.270 (+/-8.31%) up or down from last closing price. If Kaiser China Culture Co Ltd takes out the full calculated possible swing range there will be an estimated 16.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ¥3.20 (1.54%) than the resistance at ¥3.91 (20.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kaiser China Culture Co Ltd stock A Buy?
Kaiser China Culture 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: 0.465 Hold/Accumulate Unchanged
Predicted Opening Price for Kaiser China Culture Co Ltd of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| ¥3.16 ( 2.77%) | ¥3.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 002425.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.53 | 8.62 % | |
| R2 | 3.39 | 4.27 % | ||
| R1 | 3.30 | 1.58 % | ||
| Current price: | 3.25 | |||
| Support | S1 | 3.02 | -7.12 % | |
| S2 | 2.93 | -9.80 % | ||
| S3 | 2.79 | -14.15 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.01 | 23.38 % | |
| R2 | 3.96 | 21.85 % | ||
| R1 | 3.91 | 20.31 % | ||
| Current price | 3.25 | |||
| Support | S1 | 3.20 | -1.54% | |
| S2 | 2.96 | -8.92% | ||
| S3 | 2.62 | -19.38% |
002425 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 22, 2021 | Jun 22, 2021 | Jun 22, 2021 | ¥0.0180 | 0.205% |
| 2 | Jul 21, 2020 | Jul 21, 2020 | Jul 21, 2020 | ¥0.0430 | 0.296% |
| 3 | Jul 17, 2019 | Jul 17, 2019 | Jul 17, 2019 | ¥0.0600 | 1.00% |
| 4 | Jun 27, 2018 | Jun 27, 2018 | Jun 27, 2018 | ¥0.100 | 2.23% |
| 5 | Jun 02, 2017 | Jun 02, 2017 | Jun 02, 2017 | ¥0.0313 | 0.369% |
FAQ
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