RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 0050.HK
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Hong Kong Ferry (Holdings) Co Ltd stock price ended at HK$4.50 on Wednesday, after losing 0.222%.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Loss -0.22% PDF

The Hong Kong Ferry (Holdings) Co Ltd stock price fell by -0.222% on the last day (Wednesday, 27th Mar 2024) from HK$4.51 to HK$4.50. During the last trading day the stock fluctuated 0.444% from a day low at HK$4.50 to a day high of HK$4.52. The price has fallen in 6 of the last 10 days and is down by -3.02% for this period. Volume has increased on the last day by 23 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, 27 thousand shares were bought and sold for approximately HK$121.50 thousand.

The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at HK$4.46 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Hong Kong Ferry (Holdings) Co Ltd stock with a 90% probability to be traded between HK$4.47 and HK$4.72 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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0050.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.446%. 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 Hong Kong Ferry (Holdings) Co Ltd 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 HK$4.56 and HK$4.56. 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). Hong Kong Ferry (Holdings) Co Ltd gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Tuesday, March 19, 2024 and based on theory for this formation the price should fall by -0.370% to HK$4.48 within 51 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for Hong Kong Ferry (Holdings) Co Ltd stock

Hong Kong Ferry (Holdings) Co Ltd finds support from accumulated volume at HK$4.48 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 HK$0.0200 between high and low, or 0.444%. For the last week the stock has had daily average volatility of 1.42%.

Our recommended stop-loss: HK$4.28 (-4.98%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (0050.HK) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Hong Kong Ferry (Holdings) Company Limited to open at HK$4.51, and during the day (based on 14 day Average True Range), to move between HK$4.45 and HK$4.55, which gives a possible trading interval of +/-HK$0.0480 (+/-1.07%) up or down from last closing price. If Hong Kong Ferry (Holdings) Company Limited takes out the full calculated possible swing range there will be an estimated 2.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at HK$4.52 (0.44%) than the support at HK$4.48 (0.44%), 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 Hong Kong Ferry (Holdings) Company Limited stock A Buy?

Hong Kong Ferry (Holdings) Co Ltd holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.375 Hold/Accumulate Unchanged

Predicted Opening Price for Hong Kong Ferry (Holdings) Company Limited of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
HK$4.51 ( 0.148%) HK$4.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 0050.HK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.53 0.593 %
R2 4.52 0.423 %
R1 4.51 0.318 %
Current price: 4.50
Support S1 4.50 -0.0216 %
S2 4.49 -0.127 %
S3 4.49 -0.296 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.57 1.56 %
R2 4.56 1.33 %
R1 4.52 0.444 %
Current price 4.50
Support S1 4.48 -0.444%
S2 4.46 -0.89%
S3 4.45 -1.11%

0050 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 04, 2024 Jun 04, 2024 Jun 24, 2024 HK$0.150 3.32%
2 Jun 05, 2023 Jun 05, 2023 Jun 05, 2023 HK$1.00 16.75%
3 Sep 15, 2022 Sep 15, 2022 Sep 15, 2022 HK$0.100 1.47%
4 Jun 02, 2022 Jun 02, 2022 Jun 02, 2022 HK$0.150 2.14%
5 Sep 14, 2021 Sep 14, 2021 Sep 14, 2021 HK$0.100 1.76%

FAQ

What is the symbol for Hong Kong Ferry (Holdings) Company Limited Stock and on which exchange is it traded?
The symbol for Hong Kong Ferry (Holdings) Company Limited is 0050.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Hong Kong Ferry (Holdings) Company Limited Stock?
Hong Kong Ferry (Holdings) Co Ltd holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Hong Kong Ferry (Holdings) Company Limited Stock?
Hong Kong Ferry (Holdings) Company Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hong Kong Ferry (Holdings) Company Limited Stock.

What's the current price of Hong Kong Ferry (Holdings) Company Limited Stock?
As of the end of day on the 2024-03-27, the price of an Hong Kong Ferry (Holdings) Company Limited (0050.HK) share was HK$4.50.

What is the 52-week high and low for Hong Kong Ferry (Holdings) Company Limited Stock?
The 52-week high for Hong Kong Ferry (Holdings) Company Limited Stock is HK$7.28 and the 52-week low is HK$4.08.

What is the market capitalization of Hong Kong Ferry (Holdings) Company Limited Stock?
As of the 2024-03-27, the market capitalization of Hong Kong Ferry (Holdings) Company Limited is 1.607B.
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About Hong Kong Ferry (Holdings) Company Limited

Hong Kong Ferry (Holdings) Company Limited Hong Kong Ferry (Holdings) Company Limited, an investment holding company, primarily engages in the property development and investment business in Hong Kong. The company operates in four segments: Property Development; Property Investment; Ferry, Shipyard and Related Operations; and Securities Investment. It develops and sells residential units, commercial arcades, and car parking spaces; invests in and leases real estate properties; and offers ... 0050.HK Profile

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