SNT Energy Co., Ltd. Stock Forecast
Big movements in SNT Energy Co., Ltd. stock price on Tuesday moving 25.19% between high and low
(Updated on May 07, 2024)
The SNT Energy Co., Ltd. stock price gained 18.23% on the last trading day (Tuesday, 7th May 2024), rising from ₩10,370.00 to ₩12,260.00. During the last trading day the stock fluctuated 25.19% from a day low at ₩10,600.00 to a day high of ₩13,270.00. The price has fallen in 5 of the last 10 days but is still up by 15.66% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately ₩27.37 billion.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩9,040.14 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -23.92% during the next 3 months and, with a 90% probability hold a price between ₩6,878.10 and ₩23,221.17 at the end of this 3-month period.
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100840.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 21.99%. 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 SNT Energy 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 ₩21,167.71. On a fall, the stock will find some support from the short-term average at ₩10,785.71. 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 SNT Energy Co., Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at ₩11,470.00 and ₩10,910.00. 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, SNT Energy Co., Ltd. finds support just below today's level at ₩11,470.00. If this is broken, then the next support from accumulated volume will be at ₩10,910.00 and ₩10,180.00.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved ₩2,670.00 between high and low, or 25.19%. For the last week, the stock has had daily average volatility of 8.54%.
SNT Energy Co., Ltd. is oversold on RSI14 (11). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (100840.KS) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect SNT Energy Co., Ltd. to open at ₩12,043.33, and during the day (based on 14 day Average True Range), to move between ₩10,390.89 and ₩14,129.11, which gives a possible trading interval of +/-₩1,869.11 (+/-15.25%) up or down from last closing price. If SNT Energy Co., Ltd. takes out the full calculated possible swing range there will be an estimated 30.49% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ₩11,470.00, some ₩790.00 (6.44%) from the current price of ₩12,260.00, our system finds the risk reward attractive.
Is SNT Energy Co., Ltd. stock A Buy?
SNT Energy Co., Ltd. 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.
Current score: -1.088 Sell Candidate Unchanged
Predicted Opening Price for SNT Energy Co., Ltd. of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| ₩12,043.33 ( 1.77%) | ₩12,260.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 100840.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 14,713.33 | 20.01 % | |
| R2 | 13,693.39 | 11.69 % | ||
| R1 | 13,063.27 | 6.55 % | ||
| Current price: | 12,260.00 | |||
| Support | S1 | 11,023.39 | -10.09 % | |
| S2 | 10,393.27 | -15.23 % | ||
| S3 | 9,373.33 | -23.55 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 12,260.00 | |||
| Support | S1 | 11,470.00 | -6.44% | |
| S2 | 10,910.00 | -11.01% | ||
| S3 | 10,180.00 | -16.97% |
100840 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Mar 11, 2024 | ₩400.00 | 5.41% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Aug 18, 2023 | ₩400.00 | 5.57% |
| 3 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩400.00 | 6.17% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | ₩400.00 | 6.80% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩400.00 | 6.43% |
FAQ
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