RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 0754.HK
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Green day on Thursday for Hopson Development Holdings Limited stock after gaining 0.567%
(Updated on Mar 28, 2024)

Sell candidate since Mar 13, 2024 Loss -5.08% PDF

The Hopson Development Holdings Limited stock price gained 0.567% on the last trading day (Thursday, 28th Mar 2024), rising from HK$3.53 to HK$3.55. During the last trading day the stock fluctuated 2.59% from a day low at HK$3.48 to a day high of HK$3.57. The price has fallen in 7 of the last 10 days and is down by -3.79% for this period. Volume fell on the last day by -439 thousand shares and in total, 1 million shares were bought and sold for approximately HK$4.61 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.12% during the next 3 months and, with a 90% probability hold a price between HK$3.14 and HK$3.64 at the end of this 3-month period.

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0754.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 0.567%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Hopson Development Holdings Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at HK$3.57 and HK$3.72. A break-up above any of these levels will issue buy signals.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Wednesday, March 27, 2024 and based on theory for this formation the price should go up by 21.97% to HK$4.33 within 45 trading days since signal was issued (Tuesday, April 02, 2024).

Support, Risk & Stop-loss for Hopson Development Holdings Limited stock

Hopson Development Holdings Limited finds support from accumulated volume at HK$3.53 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 HK$0.0900 (2.59%) between high and low. For the last week, the stock has had daily average volatility of 3.14%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (0754.HK) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Hopson Development Holdings Limited to open at HK$3.53, and during the day (based on 14 day Average True Range), to move between HK$3.43 and HK$3.67, which gives a possible trading interval of +/-HK$0.120 (+/-3.37%) up or down from last closing price. If Hopson Development Holdings Limited takes out the full calculated possible swing range there will be an estimated 6.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at HK$3.56 (0.28%) than the support at HK$3.53 (0.56%), 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 Hopson Development Holdings Limited stock A Buy?

Hopson Development Holdings Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.911 Sell Candidate Unchanged

Predicted Opening Price for Hopson Development Holdings Limited of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
HK$3.53 ( 0.469%) HK$3.55

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 0754.HK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.62 2.07 %
R2 3.59 1.10 %
R1 3.57 0.499 %
Current price: 3.55
Support S1 3.50 -1.44 %
S2 3.48 -2.04 %
S3 3.44 -3.00 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.80 7.04 %
R2 3.60 1.41 %
R1 3.56 0.282 %
Current price 3.55
Support S1 3.53 -0.563%
S2 0 .
S3 0 .

0754 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 30, 2022 Jun 30, 2022 Jun 30, 2022 HK$0.136 1.65%
2 Oct 07, 2021 Oct 07, 2021 Oct 07, 2021 HK$0.413 2.67%
3 Jun 16, 2021 Jun 16, 2021 Jun 16, 2021 HK$0.83 4.43%
4 Jun 15, 2021 Jun 15, 2021 Jun 15, 2021 HK$1.10 5.74%
5 Oct 09, 2020 Oct 09, 2020 Oct 09, 2020 HK$0.451 4.06%

FAQ

What is the symbol for Hopson Development Holdings Limited Stock and on which exchange is it traded?
The symbol for Hopson Development Holdings Limited is 0754.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Hopson Development Holdings Limited Stock?
Hopson Development Holdings Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Hopson Development Holdings Limited Stock?
Hopson Development Holdings Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hopson Development Holdings Limited Stock.

What's the current price of Hopson Development Holdings Limited Stock?
As of the end of day on the 2024-03-28, the price of an Hopson Development Holdings Limited (0754.HK) share was HK$3.55.

What is the 52-week high and low for Hopson Development Holdings Limited Stock?
The 52-week high for Hopson Development Holdings Limited Stock is HK$7.75 and the 52-week low is HK$3.48.

What is the market capitalization of Hopson Development Holdings Limited Stock?
As of the 2024-03-28, the market capitalization of Hopson Development Holdings Limited is 13.464B.
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About Hopson Development Holdings Limited

Hopson Development Holdings Limited Hopson Development Holdings Limited, an investment holding company, primarily develops residential and commercial properties in the People's Republic of China and Hong Kong. The company operates through five segments: Property Development, Commercial Properties Investment, Property Management, Infrastructure, and Investments. It invests in and rents properties; manages restaurants, hotels, and properties; and operates hotels. The company also pro... 0754.HK Profile

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