NPC Co., Ltd. Stock Forecast
Evaluation of NPC Co., Ltd. stock downgraded after the last trading session.
(Updated on May 09, 2024)
The NPC Co., Ltd. stock price gained 1.33% on the last trading day (Thursday, 9th May 2024), rising from ₩5,280.00 to ₩5,350.00. It has now gained 8 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 1.90% from a day low at ₩5,270.00 to a day high of ₩5,370.00. The price has risen in 9 of the last 10 days and is up by 5.52% 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, 17 thousand more shares were traded than the day before. In total, 82 thousand shares were bought and sold for approximately ₩441.11 million.
The stock has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. ₩5,232.87 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach ₩5,613.59 sometime during the next 3 months.
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004250.KS Signals & Forecast
The NPC 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 ₩5,231.43 and ₩5,063.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 10.65%. 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 NPC Co., Ltd. stock
NPC Co., Ltd. finds support from accumulated volume at ₩5,190.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved ₩100.00 (1.90%) between high and low. For the last week, the stock has had daily average volatility of 1.61%.
Since the NPC Co., Ltd. has been rising for 8 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.
Our recommended stop-loss: ₩5,112.74 (-4.43%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (004250.KS) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect NPC Co., Ltd. to open at ₩5,330.00, and during the day (based on 14 day Average True Range), to move between ₩5,256.47 and ₩5,443.53, which gives a possible trading interval of +/-₩93.53 (+/-1.75%) up or down from last closing price. If NPC Co., Ltd. takes out the full calculated possible swing range there will be an estimated 3.50% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ₩5,190.00, some ₩160.00 (2.99%) from the current price of ₩5,350.00, our system finds the risk reward attractive.
Is NPC Co., Ltd. stock A Buy?
NPC Co., Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for NPC Co., Ltd. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| ₩5,330.00 ( 0.374%) | ₩5,350.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 004250.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,430.00 | 1.50 % | |
| R2 | 5,391.80 | 0.781 % | ||
| R1 | 5,368.20 | 0.340 % | ||
| Current price: | 5,350.00 | |||
| Support | S1 | 5,291.80 | -1.09 % | |
| S2 | 5,268.20 | -1.53 % | ||
| S3 | 5,230.00 | -2.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 5,350.00 | |||
| Support | S1 | 5,190.00 | -2.99% | |
| S2 | 5,180.00 | -3.18% | ||
| S3 | 5,030.00 | -5.98% |
004250 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 08, 2024 | ₩100.00 | 1.92% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩100.00 | 1.64% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩100.00 | 0.98% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩100.00 | 3.03% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩100.00 | 2.61% |
FAQ
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