Pulmuone Co., Ltd. Stock Forecast
Red day on Friday for Pulmuone Co., Ltd. stock after losing 0.729%
(Updated on May 03, 2024)
The Pulmuone Co., Ltd. stock price fell by -0.729% on the last day (Friday, 3rd May 2024) from ₩12,340.00 to ₩12,250.00. During the last trading day the stock fluctuated 1.48% from a day low at ₩12,180.00 to a day high of ₩12,360.00. The price has been going up and down for this period, and there has been a 5.33% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -20 thousand shares and in total, 34 thousand shares were bought and sold for approximately ₩422.39 million.
The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at ₩12,374.50 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 19.69% during the next 3 months and, with a 90% probability hold a price between ₩13,525.34 and ₩14,810.78 at the end of this 3-month period.
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017810.KS Signals & Forecast
The Pulmuone 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 ₩12,230.00 and ₩11,302.29. A breakdown below any of these levels will issue sell signals. 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 Thursday, May 02, 2024, and so far it has fallen -0.729%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Tuesday, September 12, 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, September 12, 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 Pulmuone Co., Ltd. stock
Pulmuone Co., Ltd. finds support from accumulated volume at ₩12,110.00 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 ₩180.00 between high and low, or 1.48%. For the last week, the stock has had daily average volatility of 2.44%.
Our recommended stop-loss: ₩11,775.05 (-3.88%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (017810.KS) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Pulmuone Co., Ltd. to open at ₩12,263.33, and during the day (based on 14 day Average True Range), to move between ₩11,849.08 and ₩12,650.92, which gives a possible trading interval of +/-₩400.92 (+/-3.27%) up or down from last closing price. If Pulmuone Co., Ltd. takes out the full calculated possible swing range there will be an estimated 6.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩12,290.00 (0.33%) than the support at ₩12,110.00 (1.14%), 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 Pulmuone 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 Pulmuone Co., Ltd. stock to perform well in the short-term.
Current score: 2.973 Buy Candidate Unchanged
Predicted Opening Price for Pulmuone Co., Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| ₩12,263.33 ( 0.109%) | ₩12,250.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 017810.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12,443.33 | 1.58 % | |
| R2 | 12,374.57 | 1.02 % | ||
| R1 | 12,332.09 | 0.670 % | ||
| Current price: | 12,250.00 | |||
| Support | S1 | 12,194.57 | -0.452 % | |
| S2 | 12,152.09 | -0.799 % | ||
| S3 | 12,083.33 | -1.36 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 12,340.00 | 0.735 % | |
| R2 | 12,330.00 | 0.653 % | ||
| R1 | 12,290.00 | 0.327 % | ||
| Current price | 12,250.00 | |||
| Support | S1 | 12,110.00 | -1.14% | |
| S2 | 11,190.00 | -8.65% | ||
| S3 | 10,960.00 | -10.53% |
017810 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 15, 2024 | ₩102.00 | 0.90% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩102.00 | 0.89% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩102.00 | 0.590% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩102.00 | 0.624% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩102.00 | 0.91% |
FAQ
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