Glorious Property Holdings Limited Stock Forecast
Glorious Property Holdings Limited stock price ended at HK$0.0100 on Wednesday, after losing 0%.
(Updated on Jun 26, 2024)
No changes to the price of Glorious Property Holdings Limited stock on the last trading day (Wednesday, 26th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at HK$0.0100 to a day high of HK$0.0100. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. HK$0 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach HK$0 sometime during the next 3 months.
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0845.HK Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Glorious Property Holdings Limited stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved HK$0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (0845.HK) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Glorious Property Holdings Limited to open at HK$0.0100, and during the day (based on 14 day Average True Range), to move between HK$0.0099 and HK$0.0101, which gives a possible trading interval of +/-HK$0.00005600 (+/-0.56%) up or down from last closing price. If Glorious Property Holdings Limited takes out the full calculated possible swing range there will be an estimated 1.12% move between the lowest and the highest trading price during the day.
Is Glorious Property Holdings Limited stock A Buy?
Glorious Property Holdings Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.156 Sell Candidate Unchanged
Predicted Opening Price for Glorious Property Holdings Limited of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| HK$0.0100 ( 0%) | HK$0.0100 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 0845.HK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0100 | - |
| R2 | 0.0100 | - |
| R1 | 0.0100 | - |
| Price | 0.0100 | |
| S1 | 0.0100 | - |
| S2 | 0.0100 | - |
| S3 | 0.0100 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.0100 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
0845 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 19, 2010 | May 19, 2010 | May 19, 2010 | HK$0.0300 | 1.27% |
FAQ
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