KPX Chemical Co.,Ltd. Stock Forecast
KPX Chemical Co.,Ltd. stock price down 1.23% on Tuesday
(Updated on Jul 02, 2024)
The KPX Chemical Co.,Ltd. stock price fell by -1.23% on the last day (Tuesday, 2nd Jul 2024) from ₩48,600.00 to ₩48,000.00. During the last trading day the stock fluctuated 2.41% from a day low at ₩47,700.00 to a day high of ₩48,850.00. The price has been going up and down for this period, and there has been a -3.9% loss for the last 2 weeks. Volume has increased on the last day by 4 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, 7 thousand shares were bought and sold for approximately ₩349.54 million.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩47,585.93 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.59% during the next 3 months and, with a 90% probability hold a price between ₩52,622.94 and ₩56,148.16 at the end of this 3-month period.
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025000.KS Signals & Forecast
The KPX Chemical 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 ₩48,914.29. On a fall, the stock will find some support from the long-term average at approximately ₩47,231.43. 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, June 18, 2024, and so far it has fallen -3.90%. 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. The stock had a Golden Star Signal on Thursday, May 16, 2024 in the short-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
The stock had a Golden Star Signal on Thursday, May 16, 2024 in the short-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 KPX Chemical Co.,Ltd. stock
KPX Chemical Co.,Ltd. finds support from accumulated volume at ₩47,350.00 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 ₩1,150.00 (2.41%) between high and low. For the last week, the stock has had daily average volatility of 1.63%.
Our recommended stop-loss: ₩45,648.00 (-4.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 52 days ago.)
Trading Expectations (025000.KS) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect KPX Chemical Co.,Ltd. to open at ₩48,183.33, and during the day (based on 14 day Average True Range), to move between ₩47,200.98 and ₩48,799.02, which gives a possible trading interval of +/-₩799.02 (+/-1.66%) up or down from last closing price. If KPX Chemical Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩47,350.00 (1.35%) than the resistance at ₩48,750.00 (1.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KPX Chemical 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 KPX Chemical Co.,Ltd. stock to perform well in the short-term.
Current score: 1.598 Buy Candidate Unchanged
Predicted Opening Price for KPX Chemical Co.,Ltd. of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
₩48,183.33 ( 0.382%) | ₩48,000.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 025000.KS
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 49,333.33 | 2.78% |
R2 | 48,894.03 | 1.86% |
R1 | 48,622.63 | 1.30% |
Price | 48,000.00 | |
S1 | 47,744.03 | -0.533% |
S2 | 47,472.63 | -1.10% |
S3 | 47,033.33 | -2.01% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 49,950.00 | 4.06% |
R2 | 48,950.00 | 1.98% |
R1 | 48,750.00 | 1.56% |
Price | 48,000.00 | |
S1 | 47,350.00 | -1.35% |
S2 | 46,400.00 | -3.33% |
S3 | 45,000.00 | -6.25% |
025000 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jun 27, 2024 | Jun 27, 2024 | Aug 08, 2024 | ₩500.00 | 1.04% |
2 | Dec 27, 2023 | Dec 27, 2023 | Apr 04, 2024 | ₩2,250.00 | 4.98% |
3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | ₩500.00 | 1.07% |
4 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩2,250.00 | 4.41% |
5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | ₩500.00 | 1.04% |
FAQ
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