KStar Credit Bond ETF (Bond) 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
Green day on Friday for KStar Credit Bond ETF (Bond) stock after gaining 0.0095%
(Updated on May 31, 2024)
The KStar Credit Bond ETF (Bond) stock price gained 0.0095% on the last trading day (Friday, 31st May 2024), rising from ₩105,200.00 to ₩105,210.00. During the last trading day the stock fluctuated 0.0523% from a day low at ₩105,190.00 to a day high of ₩105,245.00. The price has risen in 5 of the last 10 days but is still down by -0.29% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately ₩481.23 million.
The stock is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at ₩105,182.81 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect KStar Credit Bond ETF (Bond) stock with a 90% probability to be traded between ₩105,487.31 and ₩106,004.65 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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136340.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 0.0095%. 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 KStar Credit Bond ETF (Bond) stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₩105,469.29 and ₩105,293.43. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Tuesday, April 30, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, April 30, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A buy signal from a double bottom formation was found on Thursday, May 30, 2024 with a target of ₩105,120.00. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.
Support, Risk & Stop-loss for KStar Credit Bond ETF (Bond) stock
KStar Credit Bond ETF (Bond) finds support from accumulated volume at ₩105,205.00 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 ₩55.00 between high and low, or 0.0523%. For the last week the stock has had daily average volatility of 0.0541%.
Our recommended stop-loss: ₩96,957.57 (-7.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (136340.KS) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect KStar Credit Bond ETF (Bond) to open at ₩105,215.00, and during the day (based on 14 day Average True Range), to move between ₩105,114.97 and ₩105,305.03, which gives a possible trading interval of +/-₩95.03 (+/-0.09%) up or down from last closing price. If KStar Credit Bond ETF (Bond) takes out the full calculated possible swing range there will be an estimated 0.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩105,205.00 (0.00%) than the resistance at ₩105,340.00 (0.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KStar Credit Bond ETF (Bond) stock A Buy?
KStar Credit Bond ETF (Bond) holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.966 Hold/Accumulate Unchanged
Predicted Opening Price for KStar Credit Bond ETF (Bond) of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| ₩105,215.00 ( 0.0048%) | ₩105,210.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 136340.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 105,270.00 | 0.0570 % | |
| R2 | 105,248.99 | 0.0371 % | ||
| R1 | 105,236.01 | 0.0247 % | ||
| Current price: | 105,210.00 | |||
| Support | S1 | 105,193.99 | -0.0152 % | |
| S2 | 105,181.01 | -0.0276 % | ||
| S3 | 105,160.00 | -0.0475 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 105,480.00 | 0.257 % | |
| R2 | 105,420.00 | 0.200 % | ||
| R1 | 105,340.00 | 0.124 % | ||
| Current price | 105,210.00 | |||
| Support | S1 | 105,205.00 | -0.0048% | |
| S2 | 105,055.00 | -0.147% | ||
| S3 | 105,020.00 | -0.181% |
136340 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 03, 2024 | ₩34.00 | 0.0323% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Apr 02, 2024 | ₩450.00 | 0.428% |
| 3 | Feb 28, 2024 | Feb 28, 2024 | Mar 05, 2024 | ₩370.00 | 0.352% |
| 4 | Jan 30, 2024 | Jan 30, 2024 | Feb 02, 2024 | ₩230.00 | 0.219% |
| 5 | Dec 27, 2023 | Dec 27, 2023 | Dec 27, 2023 | ₩420.00 | 0.401% |
FAQ
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