14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 002712.SZ
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Big movements in Simei Media Co Ltd stock price on Tuesday moving 18.38% between high and low
(Updated on Jun 25, 2024)

Sell candidate since Jun 17, 2024 Loss -19.04% PDF

The Simei Media Co Ltd stock price fell by -9.98% on the last day (Tuesday, 25th Jun 2024) from ¥4.11 to ¥3.70. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 18.38% from a day low at ¥3.70 to a day high of ¥4.38. The price has been going up and down for this period, and there has been a -12.74% loss for the last 2 weeks. 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 -15 million shares and in total, 5 million shares were bought and sold for approximately ¥17.70 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ¥3.30 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -8.25% during the next 3 months and, with a 90% probability hold a price between ¥3.03 and ¥5.46 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

002712.SZ 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 Simei Media 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 ¥4.36 and ¥4.81. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -21.78%. 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 Simei Media 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 ¥0.680 between high and low, or 18.38%. For the last week, the stock has had daily average volatility of 8.53%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (002712.SZ) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Simei Media Co Ltd to open at ¥3.93, and during the day (based on 14 day Average True Range), to move between ¥3.22 and ¥4.18, which gives a possible trading interval of +/-¥0.478 (+/-12.92%) up or down from last closing price. If Simei Media Co Ltd takes out the full calculated possible swing range there will be an estimated 25.84% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ ¥3.71, some ¥0.0100 (0.27%) from the current price of ¥3.70, our system finds the risk reward not very attractive.

Is Simei Media Co Ltd stock A Buy?

Simei Media Co Ltd holds several negative signals and is within a very wide and 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: -3.212 Sell Candidate Unchanged

Predicted Opening Price for Simei Media Co Ltd of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
¥3.93 ( 6.13%) ¥3.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 002712.SZ

Fibonacci Support & Resistance Levels

Level Price
R3 4.61 24.50%
R2 4.35 17.48%
R1 4.19 13.15%
Price 3.70
S1 3.67 -0.89%
S2 3.51 -5.23%
S3 3.25 -12.25%

Accumulated Volume Support & Resistance Levels

Level Price
R3 4.42 19.46%
R2 4.07 10.00%
R1 3.71 0.270%
Price 3.70
S1 0 -
S2 0 -
S3 0 -

002712 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 20, 2019 Jun 20, 2019 Jun 20, 2019 ¥0.0083 0.117%
2 Jul 10, 2018 Jul 10, 2018 Jul 10, 2018 ¥0.0647 0.610%
3 Jul 18, 2017 Jul 18, 2017 Jul 18, 2017 ¥0.0412 0.382%
4 Jun 17, 2016 Jun 17, 2016 Jun 17, 2016 ¥0.0294 0.0443%
5 Jul 03, 2015 Jul 03, 2015 Jul 03, 2015 ¥0.0294 0.209%

FAQ

What is the symbol for Simei Media Co Ltd Stock and on which exchange is it traded?
The symbol for Simei Media Co Ltd is 002712.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Simei Media Co Ltd Stock?
Simei Media Co Ltd holds several negative signals and is within a very wide and 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.

How to buy Simei Media Co Ltd Stock?
Simei Media Co Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Simei Media Co Ltd Stock.

What's the current price of Simei Media Co Ltd Stock?
As of the end of day on the Jun 25, 2024, the price of an Simei Media Co Ltd (002712.SZ) share was ¥3.70.

What is the 52-week high and low for Simei Media Co Ltd Stock?
The 52-week high for Simei Media Co Ltd Stock is ¥8.50 and the 52-week low is ¥2.91.

What is the market capitalization of Simei Media Co Ltd Stock?
As of the Jun 25, 2024, the market capitalization of Simei Media Co Ltd is 2.227B.

When is the next earnings date for Simei Media Co Ltd?
The upcoming earnings date for Simei Media Co Ltd is Apr 22, 2025.
Click to get the best stock tips daily for free!

About Simei Media Co Ltd

Simei Media Co Ltd Simei Media Co., Ltd. operates as an advertising company in China. It offers brand management, creative advertising, entertainment content, digital interaction, full-borne media planning and buying, public relations promotion, and effectiveness measurement services. The company was founded in 2000 and is based in Hangzhou, China.... 002712.SZ Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT