HDC HOLDINGS CO.,Ltd Stock Forecast
Green day on Friday for HDC HOLDINGS CO.,Ltd
(Updated on Apr 26, 2024)
The HDC HOLDINGS CO.,Ltd stock price gained 0.92% on the last trading day (Friday, 26th Apr 2024), rising from ₩8,660.00 to ₩8,740.00. During the last trading day the stock fluctuated 1.74% from a day low at ₩8,610.00 to a day high of ₩8,760.00. The price has risen in 6 of the last 10 days and is up by 5.17% 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, 11 thousand more shares were traded than the day before. In total, 72 thousand shares were bought and sold for approximately ₩630.35 million.
The stock lies in the middle of a wide and weak 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 5.72% during the next 3 months and, with a 90% probability hold a price between ₩8,395.83 and ₩9,780.85 at the end of this 3-month period.
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012630.KS Signals & Forecast
The HDC HOLDINGS 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 ₩8,598.57 and ₩8,236.86. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical 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, April 15, 2024, and so far it has fallen -1.35%. 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). The stock had a Golden Star Signal on Tuesday, October 31, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, October 31, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for HDC HOLDINGS CO.,Ltd stock
HDC HOLDINGS CO.,Ltd finds support from accumulated volume at ₩8,520.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₩150.00 between high and low, or 1.74%. For the last week, the stock has had daily average volatility of 2.31%.
Our recommended stop-loss: ₩8,376.59 (-4.16%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (012630.KS) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect HDC HOLDINGS CO.,Ltd to open at ₩8,703.33, and during the day (based on 14 day Average True Range), to move between ₩8,467.02 and ₩9,012.98, which gives a possible trading interval of +/-₩272.98 (+/-3.12%) up or down from last closing price. If HDC HOLDINGS CO.,Ltd takes out the full calculated possible swing range there will be an estimated 6.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩8,770.00 (0.34%) than the support at ₩8,520.00 (2.52%), 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 HDC HOLDINGS 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 HDC HOLDINGS CO.,Ltd stock to perform well in the short-term.
Current score: 4.642 Buy Candidate Unchanged
Predicted Opening Price for HDC HOLDINGS CO.,Ltd of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| ₩8,703.33 ( 0.420%) | ₩8,740.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 012630.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 8,853.33 | 1.30 % | |
| R2 | 8,796.03 | 0.641 % | ||
| R1 | 8,760.63 | 0.236 % | ||
| Current price: | 8,740.00 | |||
| Support | S1 | 8,646.03 | -1.08 % | |
| S2 | 8,610.63 | -1.48 % | ||
| S3 | 8,553.33 | -2.14 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 8,860.00 | 1.37 % | |
| R2 | 8,810.00 | 0.80 % | ||
| R1 | 8,770.00 | 0.343 % | ||
| Current price | 8,740.00 | |||
| Support | S1 | 8,520.00 | -2.52% | |
| S2 | 8,480.00 | -2.97% | ||
| S3 | 7,910.00 | -9.50% |
012630 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 24, 2024 | ₩250.00 | 2.91% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩250.00 | 4.42% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩250.00 | 2.38% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩250.00 | 2.31% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩200.00 | 1.82% |
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