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RSI low/high Values: [ 25 - 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 0806.HK
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Value Partners Group Limited stock price ended at HK$1.72 on Friday, after gaining 0.585%.
(Updated on Jun 14, 2024)

Sell candidate since Jun 13, 2024 Gain 0.58% PDF

The Value Partners Group Limited stock price gained 0.585% on the last trading day (Friday, 14th Jun 2024), rising from HK$1.71 to HK$1.72. During the last trading day the stock fluctuated 2.35% from a day low at HK$1.70 to a day high of HK$1.74. The price has risen in 6 of the last 10 days but is still down by -3.37% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 481 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately HK$2.70 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at HK$1.71 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 3.34% during the next 3 months and, with a 90% probability hold a price between HK$1.77 and HK$2.20 at the end of this 3-month period.

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0806.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 1.18%. 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. The Value Partners Group 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$1.73 and HK$1.86. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Value Partners Group Limited stock

Value Partners Group Limited finds support from accumulated volume at HK$1.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved HK$0.0400 between high and low, or 2.35%. For the last week, the stock has had daily average volatility of 2.22%.

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

Trading Expectations (0806.HK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Value Partners Group Limited to open at HK$1.72, and during the day (based on 14 day Average True Range), to move between HK$1.65 and HK$1.79, which gives a possible trading interval of +/-HK$0.0708 (+/-4.12%) up or down from last closing price. If Value Partners Group Limited takes out the full calculated possible swing range there will be an estimated 8.24% 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$1.73 (0.58%) than the support at HK$1.70 (1.16%), 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 Value Partners Group Limited stock A Buy?

The Value Partners Group Limited stock holds several negative signals and despite the positive trend, we believe Value Partners Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.690 Sell Candidate Unchanged

Predicted Opening Price for Value Partners Group Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
HK$1.72 ( 0%) HK$1.72

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

Trading levels for 0806.HK

Fibonacci Support & Resistance Levels

Level Price
R3 1.76 2.33%
R2 1.74 1.44%
R1 1.74 0.89%
Price 1.72
S1 1.70 -0.89%
S2 1.70 -1.44%
S3 1.68 -2.33%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.09 21.51%
R2 1.99 15.70%
R1 1.73 0.581%
Price 1.72
S1 1.70 -1.16%
S2 1.68 -2.33%
S3 1.66 -3.49%

0806 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 28, 2023 Dec 28, 2023 Jan 23, 2024 HK$0.500 29.41%
2 May 03, 2023 May 03, 2023 May 03, 2023 HK$0.0340 1.39%
3 May 03, 2022 May 03, 2022 May 03, 2022 HK$0.0800 2.75%
4 May 04, 2021 May 04, 2021 May 04, 2021 HK$0.0800 1.63%
5 Apr 29, 2020 Apr 29, 2020 Apr 29, 2020 HK$0.130 4.17%

FAQ

What is the symbol for Value Partners Group Limited Stock and on which exchange is it traded?
The symbol for Value Partners Group Limited is 0806.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Value Partners Group Limited Stock?
The Value Partners Group Limited stock holds several negative signals and despite the positive trend, we believe Value Partners Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Value Partners Group Limited Stock?
Value Partners Group 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 Value Partners Group Limited Stock.

What's the current price of Value Partners Group Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Value Partners Group Limited (0806.HK) share was HK$1.72.

What is the 52-week high and low for Value Partners Group Limited Stock?
The 52-week high for Value Partners Group Limited Stock is HK$3.04 and the 52-week low is HK$1.62.

What is the market capitalization of Value Partners Group Limited Stock?
As of the Jun 14, 2024, the market capitalization of Value Partners Group Limited is 3.142B.

When is the next earnings date for Value Partners Group Limited?
The upcoming earnings date for Value Partners Group Limited is Aug 09, 2024.
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About Value Partners Group Limited

Value Partners Group Limited Value Partners Group Limited is a publicly owned investment manager. The firm manages separate client focused portfolios. The firm manages separate client-focused equity, fixed income, multi-asset, alternative portfolios, and quantitative investment solutions. The firm invests in the public equity and fixed income markets across the globe. It primarily provides investment management services to investment funds and managed accounts. The firm empl... 0806.HK Profile

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