Y2 Solution CO.,LTD Stock Forecast
Y2 Solution CO.,LTD stock price ended at ₩4,090.00 on Friday, after losing 3.31%.
(Updated on May 10, 2024)
The Y2 Solution CO.,LTD stock price fell by -3.31% on the last day (Friday, 10th May 2024) from ₩4,230.00 to ₩4,090.00. During the last trading day the stock fluctuated 4.19% from a day low at ₩4,055.00 to a day high of ₩4,225.00. The price has risen in 6 of the last 10 days and is up by 13.93% over the past 2 weeks. Volume has increased on the last day by 38 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, 100 thousand shares were bought and sold for approximately ₩409.32 million.
The stock lies in the middle of a 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 49.68% during the next 3 months and, with a 90% probability hold a price between ₩5,678.33 and ₩6,738.63 at the end of this 3-month period.
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011690.KS Signals & Forecast
The Y2 Solution CO.,LTD 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 ₩4,249.29. On a fall, the stock will find some support from the long-term average at approximately ₩3,833.57. 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. 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. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -5.98%. Further fall is indicated until a new bottom pivot has been found. 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 Y2 Solution CO.,LTD stock
Y2 Solution CO.,LTD finds support from accumulated volume at ₩3,915.00 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₩170.00 between high and low, or 4.19%. For the last week, the stock has had daily average volatility of 3.71%.
Our recommended stop-loss: ₩3,913.58 (-4.31%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (011690.KS) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Y2 Solution CO.,LTD to open at ₩4,123.33, and during the day (based on 14 day Average True Range), to move between ₩3,868.61 and ₩4,311.39, which gives a possible trading interval of +/-₩221.39 (+/-5.41%) up or down from last closing price. If Y2 Solution CO.,LTD takes out the full calculated possible swing range there will be an estimated 10.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩4,250.00 (3.91%) than the support at ₩3,915.00 (4.28%), 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 Y2 Solution CO.,LTD stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Y2 Solution CO.,LTD stock to perform well in the short-term.
Current score: 1.885 Buy Candidate Unchanged
Predicted Opening Price for Y2 Solution CO.,LTD of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| ₩4,123.33 ( 0.81%) | ₩4,090.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 011690.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4,293.33 | 4.97 % | |
| R2 | 4,228.39 | 3.38 % | ||
| R1 | 4,188.27 | 2.40 % | ||
| Current price: | 4,090.00 | |||
| Support | S1 | 4,058.39 | -0.773 % | |
| S2 | 4,018.27 | -1.75 % | ||
| S3 | 3,953.33 | -3.34 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4,350.00 | 6.36 % | |
| R2 | 4,300.00 | 5.13 % | ||
| R1 | 4,250.00 | 3.91 % | ||
| Current price | 4,090.00 | |||
| Support | S1 | 3,915.00 | -4.28% | |
| S2 | 3,590.00 | -12.22% | ||
| S3 | 3,520.00 | -13.94% |
011690 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 29, 2010 | Dec 29, 2010 | Dec 29, 2010 | ₩20.00 | 0.139% |
| 2 | Dec 29, 2009 | Dec 29, 2009 | Dec 29, 2009 | ₩40.00 | 0.313% |
| 3 | Jan 04, 2000 | Jan 04, 2000 | Jan 04, 2000 | ₩80.00 | 0.168% |
FAQ
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