KEPCO Plant Service & Engineering Stock Forecast
KEPCO Plant Service & Engineering stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Jun 20, 2024)
The KEPCO Plant Service & Engineering stock price fell by -0.81% on the last day (Thursday, 20th Jun 2024) from ₩37,200.00 to ₩36,900.00. During the last trading day the stock fluctuated 2.45% from a day low at ₩36,800.00 to a day high of ₩37,700.00. The price has been going up and down for this period, and there has been a 3.22% gain 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, 176 thousand shares were bought and sold for approximately ₩6.51 billion.
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 4.42% during the next 3 months and, with a 90% probability hold a price between ₩35,743.30 and ₩39,764.63 at the end of this 3-month period.
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051600.KS Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, May 28, 2024, and so far it has fallen -1.99%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The KEPCO Plant Service & Engineering 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 ₩36,678.57 and ₩36,275.71. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Friday, November 03, 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 Friday, November 03, 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 KEPCO Plant Service & Engineering stock
KEPCO Plant Service & Engineering finds support from accumulated volume at ₩36,500.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₩900.00 between high and low, or 2.45%. For the last week the stock has had daily average volatility of 2.26%.
Our recommended stop-loss: ₩35,771.04 (-3.06%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (051600.KS) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect KEPCO Plant Service & Engineering Co.,Ltd. to open at ₩37,133.33, and during the day (based on 14 day Average True Range), to move between ₩36,045.97 and ₩37,754.03, which gives a possible trading interval of +/-₩854.03 (+/-2.31%) up or down from last closing price. If KEPCO Plant Service & Engineering Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩37,150.00 (0.68%) than the support at ₩36,500.00 (1.08%), 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 KEPCO Plant Service & Engineering Co.,Ltd. stock A Buy?
KEPCO Plant Service & Engineering holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.224 Hold/Accumulate Downgraded
Predicted Opening Price for KEPCO Plant Service & Engineering Co.,Ltd. of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| ₩37,133.33 ( 0.632%) | ₩36,900.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 051600.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38,033.33 | 3.07% |
| R2 | 37,689.53 | 2.14% |
| R1 | 37,477.13 | 1.56% |
| Price | 36,900.00 | |
| S1 | 36,789.53 | -0.299% |
| S2 | 36,577.13 | -0.87% |
| S3 | 36,233.33 | -1.81% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 37,650.00 | 2.03% |
| R2 | 37,200.00 | 0.81% |
| R1 | 37,150.00 | 0.678% |
| Price | 36,900.00 | |
| S1 | 36,500.00 | -1.08% |
| S2 | 36,400.00 | -1.36% |
| S3 | 35,800.00 | -2.98% |
051600 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 29, 2024 | ₩1,305.00 | 3.69% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩1,305.00 | 3.75% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩1,199.00 | 3.11% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩1,146.00 | 3.87% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩1,920.00 | 4.89% |
FAQ
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