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
Evaluation of KPX Holdings Co.,Ltd. stock downgraded after the last trading session.
(Updated on Jun 26, 2024)
The KPX Holdings Co.,Ltd. stock price gained 0.172% on the last trading day (Wednesday, 26th Jun 2024), rising from ₩58,200.00 to ₩58,300.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.03% from a day low at ₩58,000.00 to a day high of ₩58,600.00. The price has risen in 6 of the last 10 days and is up by 0.69% over the past 2 weeks. Volume fell on the last day by -348 shares and in total, 858 shares were bought and sold for approximately ₩50.02 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect KPX Holdings Co.,Ltd. stock with a 90% probability to be traded between ₩57,541.26 and ₩62,925.65 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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092230.KS Signals & Forecast
There are mixed signals in the stock today. 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 ₩58,482.86. On a fall, the stock will find some support from the short-term average at ₩57,971.43. 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. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -0.85%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for KPX Holdings Co.,Ltd. stock
KPX Holdings Co.,Ltd. finds support from accumulated volume at ₩58,200.00 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 ₩600.00 between high and low, or 1.03%. For the last week the stock has had daily average volatility of 0.83%.
Our recommended stop-loss: ₩56,262.99 (-3.49%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (092230.KS) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect KPX Holdings Co.,Ltd. to open at ₩58,300.00, and during the day (based on 14 day Average True Range), to move between ₩57,556.15 and ₩59,043.85, which gives a possible trading interval of +/-₩743.85 (+/-1.28%) 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 2.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩58,200.00 (0.17%) than the resistance at ₩58,500.00 (0.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KPX Holdings Co.,Ltd. stock A Buy?
KPX Holdings Co.,Ltd. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: -0.052 Hold/Accumulate Downgraded
Predicted Opening Price for KPX Holdings Co.,Ltd. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| ₩58,300.00 ( 0%) | ₩58,300.00 |
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 | 58,900.00 | 1.03% |
| R2 | 58,670.80 | 0.636% |
| R1 | 58,529.20 | 0.393% |
| Price | 58,300.00 | |
| S1 | 58,070.80 | -0.393% |
| S2 | 57,929.20 | -0.636% |
| S3 | 57,700.00 | -1.03% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 59,100.00 | 1.37% |
| R2 | 58,800.00 | 0.86% |
| R1 | 58,500.00 | 0.343% |
| Price | 58,300.00 | |
| S1 | 58,200.00 | -0.172% |
| S2 | 58,000.00 | -0.515% |
| S3 | 57,300.00 | -1.72% |
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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