AJ Networks Co.,Ltd. Stock Forecast
AJ Networks Co.,Ltd. stock price down 0% on Friday
(Updated on May 17, 2024)
No changes to the price of AJ Networks Co.,Ltd. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 2.18% from a day low at ₩4,810.00 to a day high of ₩4,915.00. The price has risen in 5 of the last 10 days and is up by 0.83% over the past 2 weeks.
The stock lies in the middle of a wide and weak 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 2.07% during the next 3 months and, with a 90% probability hold a price between ₩4,585.87 and ₩5,284.02 at the end of this 3-month period.
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095570.KS Signals & Forecast
The AJ Networks Co.,Ltd. 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 ₩4,896.43. On a fall, the stock will find some support from the long-term average at approximately ₩4,841.14. 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. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 3.30%. Further rise is indicated until a new top pivot has been found. 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. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for AJ Networks Co.,Ltd. stock
AJ Networks Co.,Ltd. finds support from accumulated volume at ₩4,825.00 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 ₩105.00 (2.18%) between high and low. For the last week, the stock has had daily average volatility of 2.42%.
Our recommended stop-loss: ₩4,558.47 (-5.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (095570.KS) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect AJ Networks Co.,Ltd. to open at ₩4,856.67, and during the day (based on 14 day Average True Range), to move between ₩4,717.47 and ₩4,972.53, which gives a possible trading interval of +/-₩127.53 (+/-2.63%) up or down from last closing price. If AJ Networks Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩4,825.00 (0.41%) than the resistance at ₩4,895.00 (1.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AJ Networks Co.,Ltd. stock A Buy?
AJ Networks 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.
Current score: 0.507 Hold/Accumulate Unchanged
Predicted Opening Price for AJ Networks Co.,Ltd. of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
₩4,856.67 ( 0.241%) | ₩4,845.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 095570.KS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4,961.67 | 2.41 % | |
R2 | 4,921.56 | 1.58 % | ||
R1 | 4,896.78 | 1.07 % | ||
Current price: | 4,845.00 | |||
Support | S1 | 4,816.56 | -0.587 % | |
S2 | 4,791.78 | -1.10 % | ||
S3 | 4,751.67 | -1.93 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 4,930.00 | 1.75 % | |
R2 | 4,925.00 | 1.65 % | ||
R1 | 4,895.00 | 1.03 % | ||
Current price | 4,845.00 | |||
Support | S1 | 4,825.00 | -0.413% | |
S2 | 4,715.00 | -2.68% | ||
S3 | 4,420.00 | -8.77% |
095570 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 27, 2023 | Dec 27, 2023 | Apr 22, 2024 | ₩270.00 | 5.72% |
2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩270.00 | 4.71% |
3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩270.00 | 4.95% |
4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩210.00 | 4.51% |
5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩300.00 | 6.13% |
FAQ
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