Kukje Pharma Co., Ltd. Stock Forecast
Kukje Pharma Co., Ltd. stock price ended at ₩4,975.00 on Friday, after gaining 0.302%.
(Updated on May 10, 2024)
The Kukje Pharma Co., Ltd. stock price gained 0.302% on the last trading day (Friday, 10th May 2024), rising from ₩4,960.00 to ₩4,975.00. During the last trading day the stock fluctuated 1.51% from a day low at ₩4,955.00 to a day high of ₩5,030.00. The price has been going up and down for this period, and there has been a -1.87% loss for the last 2 weeks. Volume fell on the last day by -30 thousand shares and in total, 112 thousand shares were bought and sold for approximately ₩557.67 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 lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩4,965.76 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.34% during the next 3 months and, with a 90% probability hold a price between ₩5,230.84 and ₩7,722.89 at the end of this 3-month period.
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002720.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 2.26%. 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 Kukje Pharma 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 ₩5,390.14. On a fall, the stock will find some support from the short-term average at ₩4,971.43. 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 Kukje Pharma Co., Ltd. stock
Kukje Pharma Co., Ltd. finds support from accumulated volume at ₩4,970.00 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 ₩75.00 between high and low, or 1.51%. For the last week the stock has had daily average volatility of 1.78%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (002720.KS) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Kukje Pharma Co., Ltd. to open at ₩4,986.67, and during the day (based on 14 day Average True Range), to move between ₩4,789.18 and ₩5,160.82, which gives a possible trading interval of +/-₩185.82 (+/-3.74%) up or down from last closing price. If Kukje Pharma Co., Ltd. takes out the full calculated possible swing range there will be an estimated 7.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩4,970.00 (0.10%) than the resistance at ₩5,670.00 (13.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kukje Pharma Co., Ltd. stock A Buy?
Kukje Pharma 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: -1.627 Sell Candidate Unchanged
Predicted Opening Price for Kukje Pharma Co., Ltd. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| ₩4,986.67 ( 0.235%) | ₩4,975.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 002720.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,061.67 | 1.74 % | |
| R2 | 5,033.02 | 1.17 % | ||
| R1 | 5,015.32 | 0.81 % | ||
| Current price: | 4,975.00 | |||
| Support | S1 | 4,958.02 | -0.341 % | |
| S2 | 4,940.32 | -0.697 % | ||
| S3 | 4,911.67 | -1.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,970.00 | 20.00 % | |
| R2 | 5,880.00 | 18.19 % | ||
| R1 | 5,670.00 | 13.97 % | ||
| Current price | 4,975.00 | |||
| Support | S1 | 4,970.00 | -0.101% | |
| S2 | 4,865.00 | -2.21% | ||
| S3 | 4,720.00 | -5.13% |
002720 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2018 | Dec 27, 2018 | Dec 27, 2018 | ₩25.92 | 0.721% |
| 2 | Dec 27, 2017 | Dec 27, 2017 | Dec 27, 2017 | ₩8.47 | 0.190% |
| 3 | Dec 28, 2016 | Dec 28, 2016 | Dec 28, 2016 | ₩7.76 | 0.204% |
| 4 | Dec 29, 2014 | Dec 29, 2014 | Dec 29, 2014 | ₩7.39 | 0.399% |
| 5 | Dec 27, 2013 | Dec 27, 2013 | Dec 27, 2013 | ₩7.39 | 0.510% |
FAQ
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