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AI Analysis of 0097.HK
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Henderson Investment Limited stock downgraded to Hold/Accumulate
(Updated on Jun 14, 2024)

Buy or Hold candidate since May 28, 2024 Loss -17.61% PDF

The Henderson Investment Limited stock price fell by -2.68% on the last day (Friday, 14th Jun 2024) from HK$0.149 to HK$0.145. During the last trading day the stock fluctuated 5.76% from a day low at HK$0.139 to a day high of HK$0.147. The price has fallen in 5 of the last 10 days and is down by -10.49% for this period. Volume has increased on the last day by 235 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, 342 thousand shares were bought and sold for approximately HK$49.59 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 27.44% during the next 3 months and, with a 90% probability hold a price between HK$0.160 and HK$0.261 at the end of this 3-month period.

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0097.HK Signals & Forecast

The Henderson Investment Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately HK$0.148. On a fall, the stock will find some support from the long-term average at approximately HK$0.133. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 27, 2024, and so far it has fallen -25.64%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Henderson Investment Limited 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". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Henderson Investment Limited stock

Henderson Investment Limited finds support from accumulated volume at HK$0.139 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved HK$0.0080 between high and low, or 5.76%. For the last week, the stock has had daily average volatility of 5.75%.

Our recommended stop-loss: HK$0.138 (-4.94%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 39 days ago.)

Trading Expectations (0097.HK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Henderson Investment Limited to open at HK$0.144, and during the day (based on 14 day Average True Range), to move between HK$0.132 and HK$0.158, which gives a possible trading interval of +/-HK$0.0130 (+/-9.00%) up or down from last closing price. If Henderson Investment Limited takes out the full calculated possible swing range there will be an estimated 17.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at HK$0.139 (4.14%) than the resistance at HK$0.155 (6.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Henderson Investment Limited stock A Buy?

Henderson Investment Limited 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. 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: 0.483 Hold/Accumulate Downgraded

Predicted Opening Price for Henderson Investment Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
HK$0.144 ( 0.92%) HK$0.145

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

Trading levels for 0097.HK

Fibonacci Support & Resistance Levels

Level Price
R3 0.152 4.60%
R2 0.149 2.49%
R1 0.147 1.19%
Price 0.145
S1 0.141 -3.03%
S2 0.139 -4.33%
S3 0.136 -6.44%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.176 21.38%
R2 0.162 11.72%
R1 0.155 6.90%
Price 0.145
S1 0.139 -4.14%
S2 0.118 -18.62%
S3 0.110 -24.14%

0097 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 07, 2023 Jun 07, 2023 Jun 07, 2023 HK$0.0100 3.64%
2 Sep 05, 2022 Sep 05, 2022 Sep 05, 2022 HK$0.0100 3.17%
3 Jun 06, 2022 Jun 06, 2022 Jun 06, 2022 HK$0.0100 2.90%
4 Sep 03, 2021 Sep 03, 2021 Sep 03, 2021 HK$0.0100 2.53%
5 Jun 03, 2021 Jun 03, 2021 Jun 03, 2021 HK$0.0100 2.47%

FAQ

What is the symbol for Henderson Investment Limited Stock and on which exchange is it traded?
The symbol for Henderson Investment Limited is 0097.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Henderson Investment Limited Stock?
Henderson Investment Limited 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. 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.

How to buy Henderson Investment Limited Stock?
Henderson Investment 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 Henderson Investment Limited Stock.

What's the current price of Henderson Investment Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Henderson Investment Limited (0097.HK) share was HK$0.145.

What is the 52-week high and low for Henderson Investment Limited Stock?
The 52-week high for Henderson Investment Limited Stock is HK$0.275 and the 52-week low is HK$0.100.

What is the market capitalization of Henderson Investment Limited Stock?
As of the Jun 14, 2024, the market capitalization of Henderson Investment Limited is 441.863M.

When is the next earnings date for Henderson Investment Limited?
The upcoming earnings date for Henderson Investment Limited is Jun 03, 2025.
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About Henderson Investment Limited

Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. It operates five department stores under the Citistore name; five household specialty stores under the name Citilife; two department stores-cum-supermarkets under the APITA name; and two supermarkets under the UNY name. The company is based in Central, Hong Kong. Henderson Investment Limited is a subsidiary of Henderson Land De... 0097.HK Profile

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