KPX Holdings Co.,Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
KPX Holdings Co.,Ltd. stock upgraded from Hold/Accumulate to Buy Candidate after Monday trading session.
(Updated on Jun 17, 2024)
The KPX Holdings Co.,Ltd. stock price gained 0.173% on the last trading day (Monday, 17th Jun 2024), rising from ₩57,900.00 to ₩58,000.00. During the last trading day the stock fluctuated 1.38% from a day low at ₩57,800.00 to a day high of ₩58,600.00. The price has been going up and down for this period, and there has been a 0.35% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 more shares were traded than the day before. In total, 858 shares were bought and sold for approximately ₩49.76 million.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩57,428.32 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 2.06% during the next 3 months and, with a 90% probability hold a price between ₩58,613.83 and ₩62,844.69 at the end of this 3-month period.
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092230.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 1.40%. 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 KPX Holdings Co.,Ltd. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₩58,434.29. On a fall, the stock will find some support from the short-term average at ₩57,742.86. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for KPX Holdings Co.,Ltd. stock
KPX Holdings Co.,Ltd. finds support from accumulated volume at ₩57,800.00 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 ₩800.00 (1.38%) between high and low. For the last week, the stock has had daily average volatility of 1.15%.
Our recommended stop-loss: ₩54,506.05 (-6.02%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)
Trading Expectations (092230.KS) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect KPX Holdings Co.,Ltd. to open at ₩58,133.33, and during the day (based on 14 day Average True Range), to move between ₩57,120.21 and ₩58,879.79, which gives a possible trading interval of +/-₩879.79 (+/-1.52%) up or down from last closing price. If KPX Holdings Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₩58,200.00 (0.34%) than the support at ₩57,800.00 (0.34%), 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 KPX Holdings 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 KPX Holdings Co.,Ltd. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.142 Buy Candidate Upgraded
Predicted Opening Price for KPX Holdings Co.,Ltd. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| ₩58,133.33 ( 0.230%) | ₩58,000.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 092230.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58,933.33 | 1.61% |
| R2 | 58,627.73 | 1.08% |
| R1 | 58,438.93 | 0.757% |
| Price | 58,000.00 | |
| S1 | 57,827.73 | -0.297% |
| S2 | 57,638.93 | -0.623% |
| S3 | 57,333.33 | -1.15% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58,800.00 | 1.38% |
| R2 | 58,500.00 | 0.86% |
| R1 | 58,200.00 | 0.345% |
| Price | 58,000.00 | |
| S1 | 57,800.00 | -0.345% |
| S2 | 57,300.00 | -1.21% |
| S3 | 57,200.00 | -1.38% |
092230 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Aug 12, 2024 | ₩750.00 | 1.29% |
| 2 | Dec 27, 2023 | Dec 27, 2023 | Apr 08, 2024 | ₩2,400.00 | 4.19% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | ₩750.00 | 1.47% |
| 4 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩2,400.00 | 4.40% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | ₩600.00 | 1.00% |
FAQ
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