DB Financial Investment Co., Ltd. Stock Forecast
DB Financial Investment Co., Ltd. stock price ended at ₩4,100.00 on Friday, after losing 0%.
(Updated on Jun 14, 2024)
No changes to the price of DB Financial Investment Co., Ltd. stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 1.60% from a day low at ₩4,075.00 to a day high of ₩4,140.00. The price has fallen in 5 of the last 10 days and is down by -1.2% for this period.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.30% during the next 3 months and, with a 90% probability hold a price between ₩3,693.00 and ₩4,139.16 at the end of this 3-month period.
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016610.KS Signals & Forecast
There are few to no technical positive signals at the moment. The DB Financial Investment 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 ₩4,124.29 and ₩4,222.14. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -6.39%. 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). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for DB Financial Investment Co., Ltd. stock
DB Financial Investment Co., Ltd. finds support from accumulated volume at ₩4,040.00 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 ₩65.00 (1.60%) between high and low. For the last week, the stock has had daily average volatility of 3.06%.
DB Financial Investment Co., Ltd. is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (016610.KS) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect DB Financial Investment Co., Ltd. to open at ₩4,105.00, and during the day (based on 14 day Average True Range), to move between ₩4,011.06 and ₩4,188.94, which gives a possible trading interval of +/-₩88.94 (+/-2.17%) up or down from last closing price. If DB Financial Investment Co., Ltd. takes out the full calculated possible swing range there will be an estimated 4.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩4,150.00 (1.22%) than the support at ₩4,040.00 (1.46%), 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 DB Financial Investment Co., Ltd. stock A Buy?
DB Financial Investment Co., Ltd. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.742 Sell Candidate Unchanged
Predicted Opening Price for DB Financial Investment Co., Ltd. of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| ₩4,105.00 ( 0.122%) | ₩4,100.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 016610.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,170.00 | 1.71% |
| R2 | 4,145.17 | 1.10% |
| R1 | 4,129.83 | 0.728% |
| Price | 4,100.00 | |
| S1 | 4,080.17 | -0.484% |
| S2 | 4,064.83 | -0.86% |
| S3 | 4,040.00 | -1.46% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,500.00 | 9.76% |
| R2 | 4,485.00 | 9.39% |
| R1 | 4,150.00 | 1.22% |
| Price | 4,100.00 | |
| S1 | 4,040.00 | -1.46% |
| S2 | 4,020.00 | -1.95% |
| S3 | 3,985.00 | -2.80% |
016610 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | May 01, 2024 | ₩200.00 | 4.70% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩170.00 | 4.03% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩500.00 | 7.66% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩300.00 | 6.50% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩250.00 | 5.88% |
FAQ
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