DUAL Co., Ltd. Stock Forecast
DUAL Co., Ltd. stock price ended at ₩3,670.00 on Friday, after losing 2.13%.
(Updated on Jun 28, 2024)
The DUAL Co., Ltd. stock price fell by -2.13% on the last day (Friday, 28th Jun 2024) from ₩3,750.00 to ₩3,670.00. During the last trading day the stock fluctuated 2.60% from a day low at ₩3,660.00 to a day high of ₩3,755.00. The price has fallen in 7 of the last 10 days but is still up by 0.41% over the past 2 weeks. Volume has increased on the last day by 44 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, 109 thousand shares were bought and sold for approximately ₩400.94 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 2.10% during the next 3 months and, with a 90% probability hold a price between ₩3,578.27 and ₩4,029.58 at the end of this 3-month period.
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016740.KS Signals & Forecast
The DUAL Co., Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₩3,722.14 and ₩3,709.57. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -4.43%. 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for DUAL Co., Ltd. stock
DUAL Co., Ltd. finds support from accumulated volume at ₩3,625.00 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 ₩95.00 (2.60%) between high and low. For the last week, the stock has had daily average volatility of 3.34%.
Our recommended stop-loss: ₩3,524.89 (-3.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 31 days ago.)
Trading Expectations (016740.KS) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect DUAL Co., Ltd. to open at ₩3,695.00, and during the day (based on 14 day Average True Range), to move between ₩3,558.69 and ₩3,781.31, which gives a possible trading interval of +/-₩111.31 (+/-3.03%) up or down from last closing price. If DUAL Co., Ltd. takes out the full calculated possible swing range there will be an estimated 6.07% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩3,625.00 (1.23%) than the resistance at ₩3,735.00 (1.77%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is DUAL Co., Ltd. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.003 Buy Candidate Unchanged
Predicted Opening Price for DUAL Co., Ltd. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| ₩3,695.00 ( 0.681%) | ₩3,670.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 016740.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,790.00 | 3.27% |
| R2 | 3,753.71 | 2.28% |
| R1 | 3,731.29 | 1.67% |
| Price | 3,670.00 | |
| S1 | 3,658.71 | -0.308% |
| S2 | 3,636.29 | -0.92% |
| S3 | 3,600.00 | -1.91% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,905.00 | 6.40% |
| R2 | 3,840.00 | 4.63% |
| R1 | 3,735.00 | 1.77% |
| Price | 3,670.00 | |
| S1 | 3,625.00 | -1.23% |
| S2 | 3,600.00 | -1.91% |
| S3 | 3,565.00 | -2.86% |
016740 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 22, 2024 | ₩80.00 | 2.24% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩80.00 | 3.21% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩80.00 | 1.88% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩80.00 | 2.40% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩80.00 | 2.55% |
FAQ
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