Haein Corporation Stock Forecast
Haein Corporation stock price ended at ₩5,450.00 on Friday, after losing 0.729%.
(Updated on May 03, 2024)
The Haein Corporation stock price fell by -0.729% on the last day (Friday, 3rd May 2024) from ₩5,490.00 to ₩5,450.00. During the last trading day the stock fluctuated 1.28% from a day low at ₩5,450.00 to a day high of ₩5,520.00. The price has fallen in 7 of the last 10 days and is down by -1.98% for this period. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 59 thousand shares were bought and sold for approximately ₩323.01 million.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩5,386.86 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.21% during the next 3 months and, with a 90% probability hold a price between ₩5,213.81 and ₩5,649.93 at the end of this 3-month period.
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003010.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 0.93%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Haein Corporation 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 ₩5,451.43 and ₩5,643.14. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
A sell signal from a double top formation was found on Tuesday, April 09, 2024 with a target of ₩5,645.56. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Haein Corporation stock
Haein Corporation finds support from accumulated volume at ₩5,440.00 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 ₩70.00 between high and low, or 1.28%. For the last week, the stock has had daily average volatility of 1.70%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (003010.KS) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Haein Corporation to open at ₩5,473.33, and during the day (based on 14 day Average True Range), to move between ₩5,318.11 and ₩5,581.89, which gives a possible trading interval of +/-₩131.89 (+/-2.42%) up or down from last closing price. If Haein Corporation takes out the full calculated possible swing range there will be an estimated 4.84% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩5,440.00 (0.18%) than the resistance at ₩5,660.00 (3.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Haein Corporation stock A Buy?
Haein Corporation holds several negative signals and is within a 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: -1.825 Sell Candidate Unchanged
Predicted Opening Price for Haein Corporation of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| ₩5,473.33 ( 0.428%) | ₩5,450.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 003010.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,543.33 | 1.71 % | |
| R2 | 5,516.59 | 1.22 % | ||
| R1 | 5,500.07 | 0.92 % | ||
| Current price: | 5,450.00 | |||
| Support | S1 | 5,446.59 | -0.0625 % | |
| S2 | 5,430.07 | -0.366 % | ||
| S3 | 5,403.33 | -0.86 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,810.00 | 6.61 % | |
| R2 | 5,780.00 | 6.06 % | ||
| R1 | 5,660.00 | 3.85 % | ||
| Current price | 5,450.00 | |||
| Support | S1 | 5,440.00 | -0.183% | |
| S2 | 5,410.00 | -0.734% | ||
| S3 | 5,400.00 | -0.92% |
003010 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 17, 2024 | ₩60.00 | 1.10% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩60.00 | 0.94% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩130.00 | 2.28% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩120.00 | 2.34% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩60.00 | 1.39% |
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