Should you buy 002991.SZ stock?
Last updated:
Based on market data through , StockInvest.us rates Ganyuan Foods Co., Ltd. (002991.SZ) as a Buy Candidate with a technical score of 3.13 on its -10 to +10 scale. This is an upgrade from Hold in the previous daily evaluation.
- Buy signal since
- Price since signal Up 5.51%
- 3-month trend forecast Down 14.78%
- Excellent financial health (Piotroski 7/9)
- Healthy interest coverage ratio of 428.7x
- Low bankruptcy risk (Altman Z-Score: 8.49)
Stronger technical forecast for Ganyuan Foods Co., Ltd. stock price after Monday trading
(Market data through Aug 10, 2026)
The Ganyuan Foods Co., Ltd. stock price gained 2.83% on the last trading day (Monday, 10th Aug 2026), rising from ¥42.44 to ¥43.64. During the last trading day the stock fluctuated 4.43% from a day low at ¥42.23 to a day high of ¥44.10. The price has risen in 6 of the last 10 days and is up by 9.87% 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, 384 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately ¥56.08 million.
Given the current short-term trend, the stock is expected to fall -14.78% during the next 3 months and, with a 90% probability hold a price between ¥32.06 and ¥37.19 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.
002991.SZ Signals & Forecast
Mostly positive signals in the chart today. The Ganyuan Foods Co., Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ¥43.21 and ¥41.42. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 24, 2026, and so far it has risen 12.01%. 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 Ganyuan Foods Co., Ltd. stock
Ganyuan Foods Co., Ltd. finds support from accumulated volume at ¥43.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 ¥1.87 between high and low, or 4.43%. For the last week, the stock has had daily average volatility of 4.26%.
Our recommended stop-loss: ¥42.02 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (002991.SZ) For The Upcoming Trading Day Of Tuesday 11th
For the upcoming trading day on Tuesday, 11th we expect Ganyuan Foods Co., Ltd. to open at ¥43.32, and during the day (based on 14 day Average True Range), to move between ¥42.55 and ¥44.73, which gives a possible trading interval of +/-¥2.18 (+/-5.11%) up or down from last closing price. If Ganyuan Foods Co., Ltd. takes out the full calculated possible swing range there will be an estimated 5.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ¥43.05 (1.35%) than the resistance at ¥47.36 (8.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ganyuan Foods 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.
Current score:
3.128
Buy Candidate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on August 11, 2026 - ¥43.32 ( 0.726%).
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002991.SZ Performance
Trading levels for 002991.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 45.19 | 3.56% |
| R2 | 44.48 | 1.92% |
| R1 | 44.04 | 0.91% |
| Price | 43.64 | |
| S1 | 42.61 | -2.36% |
| S2 | 42.17 | -3.37% |
| S3 | 41.45 | -5.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 48.78 | 11.78% |
| R2 | 48.56 | 11.27% |
| R1 | 47.36 | 8.52% |
| Price | 43.64 | |
| S1 | 43.05 | -1.35% |
| S2 | 42.29 | -3.09% |
| S3 | 40.46 | -7.29% |
002991 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 04, 2026 | Jun 04, 2026 | Jun 04, 2026 | ¥1.01 | 2.08% |
| 2 | Sep 12, 2025 | Sep 12, 2025 | Sep 12, 2025 | ¥0.580 | 1.01% |
| 3 | Jun 12, 2025 | Jun 12, 2025 | Jun 12, 2025 | ¥1.78 | 2.74% |
| 4 | Sep 13, 2024 | Sep 13, 2024 | Sep 13, 2024 | ¥1.09 | 2.21% |
| 5 | Aug 08, 2024 | Aug 08, 2024 | Aug 08, 2024 | ¥2.18 | 4.01% |
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