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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 1022.HK
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Red day on Friday for Feiyu Technology International Co Ltd.
(Updated on Jun 14, 2024)

Sell candidate since Jun 11, 2024 Gain 2.00% PDF

No changes to the price of Feiyu Technology International Co Ltd. 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$0.255 to a day high of HK$0.255. The price has fallen in 5 of the last 10 days and is down by -5.56% for this period.

The stock lies in the middle of a very 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 9.56% during the next 3 months and, with a 90% probability hold a price between HK$0.246 and HK$0.326 at the end of this 3-month period.

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1022.HK Signals & Forecast

There are few to no technical positive signals at the moment. The Feiyu Technology International Co Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at HK$0.256 and HK$0.262. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -12.07%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Feiyu Technology International Co Ltd. stock

On the downside, the stock finds support just below today's level from accumulated volume at HK$0.232 and HK$0.228. 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, Feiyu Technology International Co Ltd. finds support just below today's level at HK$0.232. If this is broken, then the next support from accumulated volume will be at HK$0.228 and HK$0.209.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. 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 3.20%.

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

Trading Expectations (1022.HK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Feiyu Technology International Company Ltd. to open at HK$0.255, and during the day (based on 14 day Average True Range), to move between HK$0.240 and HK$0.270, which gives a possible trading interval of +/-HK$0.0153 (+/-6.00%) up or down from last closing price. If Feiyu Technology International Company Ltd. takes out the full calculated possible swing range there will be an estimated 12.00% 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$0.265 (3.92%) than the support at HK$0.232 (9.02%), 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 Feiyu Technology International Company Ltd. stock A Buy?

The Feiyu Technology International Co Ltd. stock holds several negative signals and despite the positive trend, we believe Feiyu Technology International Co Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.707 Sell Candidate Unchanged

Predicted Opening Price for Feiyu Technology International Company Ltd. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
HK$0.255 ( 0%) HK$0.255

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

Trading levels for 1022.HK

Fibonacci Support & Resistance Levels

Level Price
R3 0.255 -
R2 0.255 -
R1 0.255 -
Price 0.255
S1 0.255 -
S2 0.255 -
S3 0.255 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.290 13.73%
R2 0.285 11.76%
R1 0.265 3.92%
Price 0.255
S1 0.232 -9.02%
S2 0.228 -10.59%
S3 0.209 -18.04%

1022 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 24, 2016 May 24, 2016 Jun 06, 2016 HK$0.0300 1.53%
2 Aug 18, 2015 Aug 31, 2015 Sep 11, 2015 HK$0.0300 1.69%

FAQ

What is the symbol for Feiyu Technology International Company Ltd. Stock and on which exchange is it traded?
The symbol for Feiyu Technology International Company Ltd. is 1022.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Feiyu Technology International Company Ltd. Stock?
The Feiyu Technology International Co Ltd. stock holds several negative signals and despite the positive trend, we believe Feiyu Technology International Co Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Feiyu Technology International Company Ltd. Stock?
Feiyu Technology International Company Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Feiyu Technology International Company Ltd. Stock.

What's the current price of Feiyu Technology International Company Ltd. Stock?
As of the end of day on the Jun 14, 2024, the price of an Feiyu Technology International Company Ltd. (1022.HK) share was HK$0.255.

What is the 52-week high and low for Feiyu Technology International Company Ltd. Stock?
The 52-week high for Feiyu Technology International Company Ltd. Stock is HK$0.400 and the 52-week low is HK$0.184.

What is the market capitalization of Feiyu Technology International Company Ltd. Stock?
As of the Jun 14, 2024, the market capitalization of Feiyu Technology International Company Ltd. is 446.107M.
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About Feiyu Technology International Company Ltd.

Feiyu Technology International Company Ltd., an investment holding company, develops, operates, and distributes mobile, web, and personal computer games in Mainland China. Its game portfolio includes Shen Xian Dao, Carrot Fantasy, San Guo Zhi Ren, Jiong Xi You, Da Hua Shen Xian, Ba Qin, and BATTERY RUN. As of December 31, 2021, it had approximately 229.1 million cumulative registered users, including 173.0 million web game users and 56.1 million ... 1022.HK Profile

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