Interflex Co., Ltd. Stock Forecast
Interflex Co., Ltd. stock price up more than 9.51% on Tuesday
(Updated on Jun 25, 2024)
The Interflex Co., Ltd. stock price gained 9.51% on the last trading day (Tuesday, 25th Jun 2024), rising from ₩14,200.00 to ₩15,550.00. During the last trading day the stock fluctuated 8.44% from a day low at ₩14,340.00 to a day high of ₩15,550.00. The price has fallen in 5 of the last 10 days but is still up by 5.78% 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, 513 thousand more shares were traded than the day before. In total, 622 thousand shares were bought and sold for approximately ₩9.67 billion.
The stock lies in the middle of a wide and strong 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 10.52% during the next 3 months and, with a 90% probability hold a price between ₩15,723.27 and ₩18,965.55 at the end of this 3-month period.
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051370.KQ Signals & Forecast
The Interflex Co., Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₩14,752.86 and ₩15,314.00. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 9.51%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Interflex Co., Ltd. stock
Interflex Co., Ltd. finds support from accumulated volume at ₩15,140.00 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 ₩1,210.00 between high and low, or 8.44%. For the last week, the stock has had daily average volatility of 5.06%.
Our recommended stop-loss: ₩14,763.30 (-5.06%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 14 days ago.)
Trading Expectations (051370.KQ) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Interflex Co., Ltd. to open at ₩15,146.67, and during the day (based on 14 day Average True Range), to move between ₩14,852.18 and ₩16,247.82, which gives a possible trading interval of +/-₩697.82 (+/-4.49%) up or down from last closing price. If Interflex Co., Ltd. takes out the full calculated possible swing range there will be an estimated 8.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩15,620.00 (0.45%) than the support at ₩15,140.00 (2.64%), 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 Interflex 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 Interflex Co., Ltd. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.658 Buy Candidate Upgraded
Predicted Opening Price for Interflex Co., Ltd. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| ₩15,146.67 ( 2.59%) | ₩15,550.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 051370.KQ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16,356.67 | 5.19% |
| R2 | 15,894.45 | 2.22% |
| R1 | 15,608.89 | 0.379% |
| Price | 15,550.00 | |
| S1 | 14,684.45 | -5.57% |
| S2 | 14,398.89 | -7.40% |
| S3 | 13,936.67 | -10.38% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16,780.00 | 7.91% |
| R2 | 15,850.00 | 1.93% |
| R1 | 15,620.00 | 0.450% |
| Price | 15,550.00 | |
| S1 | 15,140.00 | -2.64% |
| S2 | 14,700.00 | -5.47% |
| S3 | 14,490.00 | -6.82% |
051370 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 28, 2011 | Dec 28, 2011 | Dec 28, 2011 | ₩150.00 | 0.423% |
| 2 | Dec 29, 2010 | Dec 29, 2010 | Dec 29, 2010 | ₩150.00 | 0.451% |
| 3 | Dec 29, 2009 | Dec 29, 2009 | Dec 29, 2009 | ₩150.00 | 1.85% |
| 4 | Dec 28, 2005 | Dec 28, 2005 | Dec 28, 2005 | ₩100.00 | 0.733% |
| 5 | Dec 29, 2004 | Dec 29, 2004 | Dec 29, 2004 | ₩150.00 | 0.90% |
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