Peptron, Inc. Stock Forecast
Big movements in Peptron, Inc. stock price on Monday moving 18.45% between high and low
(Updated on May 13, 2024)
The Peptron, Inc. stock price fell by -9.75% on the last day (Monday, 13th May 2024) from ₩32,300.00 to ₩29,150.00. During the last trading day the stock fluctuated 18.45% from a day low at ₩27,100.00 to a day high of ₩32,100.00. The price has risen in 8 of the last 10 days and is up by 6.97% over the past 2 weeks. Volume has increased on the last day by 457 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, 936 thousand shares were bought and sold for approximately ₩27.28 billion.
The stock lies in the middle of a very wide and strong 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 14.41% during the next 3 months and, with a 90% probability hold a price between ₩26,607.53 and ₩37,034.33 at the end of this 3-month period.
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087010.KQ Signals & Forecast
The Peptron, Inc. 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 ₩30,664.29. On a fall, the stock will find some support from the long-term average at approximately ₩27,288.57. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, May 10, 2024, and so far it has fallen -9.75%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Peptron, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at ₩26,800.00 and ₩25,500.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Peptron, Inc. finds support just below today's level at ₩26,800.00. If this is broken, then the next support from accumulated volume will be at ₩25,500.00 and ₩24,650.00.
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 ₩5,000.00 between high and low, or 18.45%. For the last week, the stock has had daily average volatility of 7.99%.
Our recommended stop-loss: ₩27,779.95 (-4.70%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (087010.KQ) For The Upcoming Trading Day Of Tuesday 14th
For the upcoming trading day on Tuesday, 14th we expect Peptron, Inc. to open at ₩29,450.00, and during the day (based on 14 day Average True Range), to move between ₩27,010.54 and ₩31,289.46, which gives a possible trading interval of +/-₩2,139.46 (+/-7.34%) up or down from last closing price. If Peptron, Inc. takes out the full calculated possible swing range there will be an estimated 14.68% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩29,350.00 (0.69%) than the support at ₩26,800.00 (8.06%), 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.
Earnings coming up
Peptron, Inc. will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for Peptron, Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.71% in the first trading day after earnings release.
Is Peptron, Inc. stock A Buy?
Peptron, Inc. 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.
Current score: -0.677 Hold/Accumulate Unchanged
Predicted Opening Price for Peptron, Inc. of Tuesday, May 14, 2024
| Fair opening price May 14, 2024 | Current price |
|---|---|
| ₩29,450.00 ( 1.03%) | ₩29,150.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 087010.KQ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34,450.00 | 18.18 % | |
| R2 | 32,540.00 | 11.63 % | ||
| R1 | 31,360.00 | 7.58 % | ||
| Current price: | 29,150.00 | |||
| Support | S1 | 27,540.00 | -5.52 % | |
| S2 | 26,360.00 | -9.57 % | ||
| S3 | 24,450.00 | -16.12 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 30,300.00 | 3.95 % | |
| R2 | 29,550.00 | 1.37 % | ||
| R1 | 29,350.00 | 0.686 % | ||
| Current price | 29,150.00 | |||
| Support | S1 | 26,800.00 | -8.06% | |
| S2 | 25,500.00 | -12.52% | ||
| S3 | 24,650.00 | -15.44% |
087010 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2022 | Mar 15, 2022 | Mar 15, 2022 | ₩0.285 | 0.0031% |
FAQ
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