Huons Global Co., Ltd. Stock Forecast
Red day on Tuesday for Huons Global Co., Ltd.
(Updated on Jul 02, 2024)
The Huons Global Co., Ltd. stock price fell by -0.430% on the last day (Tuesday, 2nd Jul 2024) from ₩23,250.00 to ₩23,150.00. During the last trading day the stock fluctuated 2.86% from a day low at ₩22,700.00 to a day high of ₩23,350.00. The price has fallen in 5 of the last 10 days and is down by -2.53% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 thousand shares and in total, 20 thousand shares were bought and sold for approximately ₩454.74 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩22,997.06 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 11.58% during the next 3 months and, with a 90% probability hold a price between ₩25,659.24 and ₩28,381.37 at the end of this 3-month period.
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084110.KQ Signals & Forecast
The Huons Global 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 ₩23,664.29. On a fall, the stock will find some support from the long-term average at approximately ₩23,094.29. 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. 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 Friday, June 14, 2024, and so far it has fallen -7.03%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, May 22, 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 Wednesday, May 22, 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 Huons Global Co., Ltd. stock
Huons Global Co., Ltd. finds support from accumulated volume at ₩22,900.00 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 ₩650.00 between high and low, or 2.86%. For the last week the stock has had daily average volatility of 2.76%.
Our recommended stop-loss: ₩21,756.37 (-6.02%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)
Trading Expectations (084110.KQ) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Huons Global Co., Ltd. to open at ₩23,066.67, and during the day (based on 14 day Average True Range), to move between ₩22,370.36 and ₩23,929.64, which gives a possible trading interval of +/-₩779.64 (+/-3.37%) up or down from last closing price. If Huons Global Co., Ltd. takes out the full calculated possible swing range there will be an estimated 6.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩22,900.00 (1.08%) than the resistance at ₩23,450.00 (1.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Huons Global 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 Huons Global Co., Ltd. stock to perform well in the short-term.
Current score: 3.245 Buy Candidate Unchanged
Predicted Opening Price for Huons Global Co., Ltd. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| ₩23,066.67 ( 0.360%) | ₩23,150.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 084110.KQ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 23,716.67 | 2.45% |
| R2 | 23,468.37 | 1.38% |
| R1 | 23,314.97 | 0.713% |
| Price | 23,150.00 | |
| S1 | 22,818.37 | -1.43% |
| S2 | 22,664.97 | -2.10% |
| S3 | 22,416.67 | -3.17% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24,900.00 | 7.56% |
| R2 | 24,050.00 | 3.89% |
| R1 | 23,450.00 | 1.30% |
| Price | 23,150.00 | |
| S1 | 22,900.00 | -1.08% |
| S2 | 22,400.00 | -3.24% |
| S3 | 21,950.00 | -5.18% |
084110 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 29, 2024 | Mar 29, 2024 | Apr 19, 2024 | ₩275.00 | 1.32% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩500.00 | 2.58% |
| 3 | Dec 28, 2016 | Dec 28, 2016 | Dec 28, 2016 | ₩400.00 | 1.50% |
| 4 | Dec 29, 2015 | Dec 29, 2015 | Dec 29, 2015 | ₩550.00 | 0.790% |
| 5 | Dec 29, 2014 | Dec 29, 2014 | Dec 29, 2014 | ₩400.00 | 0.98% |
FAQ
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