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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 0932.HK
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Evaluation of Shunten International (Holdings) Limited stock downgraded after the last trading session.
(Updated on Jun 14, 2024)

Sell candidate since Jun 14, 2024 PDF

No changes to the price of Shunten International (Holdings) Limited stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at HK$0.0400 to a day high of HK$0.0400. 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 lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -24.89% during the next 3 months and, with a 90% probability hold a price between HK$0.0228 and HK$0.0340 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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0932.HK Signals & Forecast

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. The Shunten International (Holdings) Limited 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 HK$0.0401. On a fall, the stock will find some support from the short-term average at HK$0.0394. 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 Thursday, June 13, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. 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 Shunten International (Holdings) Limited stock

Shunten International (Holdings) Limited finds support from accumulated volume at HK$0.0390 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 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 3.68%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (0932.HK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Shunten International (Holdings) Limited to open at HK$0.0400, and during the day (based on 14 day Average True Range), to move between HK$0.0371 and HK$0.0429, which gives a possible trading interval of +/-HK$0.0029 (+/-7.29%) up or down from last closing price. If Shunten International (Holdings) Limited takes out the full calculated possible swing range there will be an estimated 14.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at HK$0.0410 (2.50%) than the support at HK$0.0390 (2.50%), 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 Shunten International (Holdings) Limited stock A Buy?

Shunten International (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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.356 Sell Candidate Downgraded

Predicted Opening Price for Shunten International (Holdings) Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
HK$0.0400 ( 0%) HK$0.0400

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 0932.HK

Fibonacci Support & Resistance Levels

Level Price
R3 0.0400 -
R2 0.0400 -
R1 0.0400 -
Price 0.0400
S1 0.0400 -
S2 0.0400 -
S3 0.0400 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.0440 10.00%
R2 0.0430 7.50%
R1 0.0410 2.50%
Price 0.0400
S1 0.0390 -2.50%
S2 0.0380 -5.00%
S3 0.0360 -10.00%

0932 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 06, 2015 Aug 06, 2015 Aug 06, 2015 HK$0.0063 1.42%
2 Aug 06, 2014 Aug 06, 2014 Aug 06, 2014 HK$0.0100 2.34%

FAQ

What is the symbol for Shunten International (Holdings) Limited Stock and on which exchange is it traded?
The symbol for Shunten International (Holdings) Limited is 0932.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Shunten International (Holdings) Limited Stock?
Shunten International (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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Shunten International (Holdings) Limited Stock?
Shunten International (Holdings) Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Shunten International (Holdings) Limited Stock.

What's the current price of Shunten International (Holdings) Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Shunten International (Holdings) Limited (0932.HK) share was HK$0.0400.

What is the 52-week high and low for Shunten International (Holdings) Limited Stock?
The 52-week high for Shunten International (Holdings) Limited Stock is HK$0.0860 and the 52-week low is HK$0.0350.

What is the market capitalization of Shunten International (Holdings) Limited Stock?
As of the Jun 14, 2024, the market capitalization of Shunten International (Holdings) Limited is 124.316M.
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About Shunten International (Holdings) Limited

Shunten International (Holdings) Limited, an investment holding company, engages in marketing, sale, and distribution of health and beauty supplements and products in Hong Kong, Taiwan, and internationally. The company provides its products under its proprietary brands and private label brands. It is also involved in property investment, license and trademark holding, e-commerce promotion, Chinese medical consultation, and health food processing ... 0932.HK Profile

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