Haein Corporation Stock Forecast
Haein Corporation stock price ended at ₩5,490.00 on Friday, after losing 0.363%.
(Updated on May 17, 2024)
The Haein Corporation stock price fell by -0.363% on the last day (Friday, 17th May 2024) from ₩5,510.00 to ₩5,490.00. During the last trading day the stock fluctuated 1.66% from a day low at ₩5,430.00 to a day high of ₩5,520.00. The price has been going up and down for this period, and there has been a 0.18% gain for the last 2 weeks. Volume has increased on the last day by 9 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, 96 thousand shares were bought and sold for approximately ₩529.72 million.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.99% during the next 3 months and, with a 90% probability hold a price between ₩5,014.43 and ₩5,478.94 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
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 1.67%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Haein Corporation 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 ₩5,589.43. On a fall, the stock will find some support from the short-term average at ₩5,484.29. 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. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Haein Corporation stock
Haein Corporation finds support from accumulated volume at ₩5,470.00 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 ₩90.00 between high and low, or 1.66%. For the last week the stock has had daily average volatility of 1.40%.
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 Monday 20th
For the upcoming trading day on Monday, 20th we expect Haein Corporation to open at ₩5,480.00, and during the day (based on 14 day Average True Range), to move between ₩5,381.24 and ₩5,598.76, which gives a possible trading interval of +/-₩108.76 (+/-1.98%) up or down from last closing price. If Haein Corporation takes out the full calculated possible swing range there will be an estimated 3.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩5,470.00 (0.36%) than the resistance at ₩5,660.00 (3.10%), 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 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: -2.853 Sell Candidate Unchanged
Predicted Opening Price for Haein Corporation of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| ₩5,480.00 ( 0.182%) | ₩5,490.00 |
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 | 5,570.00 | 1.46 % | |
| R2 | 5,535.62 | 0.83 % | ||
| R1 | 5,514.38 | 0.444 % | ||
| Current price: | 5,490.00 | |||
| Support | S1 | 5,445.62 | -0.81 % | |
| S2 | 5,424.38 | -1.20 % | ||
| S3 | 5,390.00 | -1.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,810.00 | 5.83 % | |
| R2 | 5,760.00 | 4.92 % | ||
| R1 | 5,660.00 | 3.10 % | ||
| Current price | 5,490.00 | |||
| Support | S1 | 5,470.00 | -0.364% | |
| S2 | 5,460.00 | -0.546% | ||
| S3 | 5,450.00 | -0.729% |
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% |
FAQ
Click here for our free guide on how to buy Haein Corporation Stock.
