Should you buy 002970.SZ stock?
Last updated:
Based on market data through , StockInvest.us rates Streamax Technology Co., Ltd. (002970.SZ) as a Buy Candidate with a technical score of 3.43 on its -10 to +10 scale. The rating is unchanged from the previous daily evaluation.
- Buy signal since
- Price since signal Up 2.52%
- 3-month trend forecast Down 34.05%
- Healthy interest coverage ratio of 28.7x
- Low bankruptcy risk (Altman Z-Score: 5.61)
- Lower volatility than the market (beta 0.72)
Streamax Technology Co., Ltd. stock price ended at ¥54.54 on Tuesday, after gaining 2.52%
(Market data through Aug 11, 2026)
The Streamax Technology Co., Ltd. stock price gained 2.52% on the last trading day (Tuesday, 11th Aug 2026), rising from ¥53.20 to ¥54.54. During the last trading day the stock fluctuated 5.90% from a day low at ¥52.39 to a day high of ¥55.48. The price has risen in 8 of the last 10 days and is up by 18.31% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 520 thousand more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately ¥273.44 million.
Given the current short-term trend, the stock is expected to fall -34.05% during the next 3 months and, with a 90% probability hold a price between ¥26.41 and ¥35.97 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
002970.SZ Signals & Forecast
Mostly positive signals in the chart today. The Streamax Technology Co., Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ¥51.96 and ¥52.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, July 30, 2026, and so far it has risen 24.86%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Streamax Technology Co., Ltd. stock
Streamax Technology Co., Ltd. finds support from accumulated volume at ¥53.20 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 ¥3.09 between high and low, or 5.90%. For the last week, the stock has had daily average volatility of 6.24%.
Our recommended stop-loss: ¥52.51 (-3.72%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (002970.SZ) For The Upcoming Trading Day Of Wednesday 12th
For the upcoming trading day on Wednesday, 12th we expect Streamax Technology Co., Ltd. to open at ¥54.14, and during the day (based on 14 day Average True Range), to move between ¥52.42 and ¥56.66, which gives a possible trading interval of +/-¥4.24 (+/-8.08%) up or down from last closing price. If Streamax Technology Co., Ltd. takes out the full calculated possible swing range there will be an estimated 8.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ¥55.49 (1.74%) than the support at ¥53.20 (2.46%), 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 Streamax Technology Co., Ltd. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score:
3.426
Buy Candidate
Unchanged
Predicted Fair Opening Price
Predicted fair opening price on August 12, 2026 - ¥54.14 ( 0.740%).
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002970.SZ Performance
Trading levels for 002970.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 57.23 | 4.93% |
| R2 | 56.05 | 2.76% |
| R1 | 55.32 | 1.42% |
| Price | 54.54 | |
| S1 | 52.96 | -2.90% |
| S2 | 52.23 | -4.24% |
| S3 | 51.05 | -6.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 67.25 | 23.30% |
| R2 | 65.81 | 20.66% |
| R1 | 55.49 | 1.74% |
| Price | 54.54 | |
| S1 | 53.20 | -2.46% |
| S2 | 49.68 | -8.91% |
| S3 | 47.56 | -12.80% |
002970 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2026 | Apr 29, 2026 | Apr 29, 2026 | ¥0.540 | 0.785% |
| 2 | Sep 19, 2025 | Sep 19, 2025 | Sep 19, 2025 | ¥0.400 | 0.777% |
| 3 | Jun 04, 2025 | Jun 04, 2025 | Jun 04, 2025 | ¥0.700 | 1.43% |
| 4 | Nov 19, 2024 | Nov 19, 2024 | Nov 19, 2024 | ¥0.300 | 0.657% |
| 5 | May 30, 2024 | May 30, 2024 | May 30, 2024 | ¥0.500 | 1.27% |
FAQ
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