Dentium CO., LTD Stock Forecast
Red day on Friday for Dentium CO., LTD
(Updated on May 03, 2024)
The Dentium CO., LTD stock price fell by -0.386% on the last day (Friday, 3rd May 2024) from ₩129,600.00 to ₩129,100.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.47% from a day low at ₩128,900.00 to a day high of ₩130,800.00. The price has fallen in 6 of the last 10 days and is down by -0.69% for this period. Volume has increased on the last day by 1 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 40 thousand shares were bought and sold for approximately ₩5.22 billion.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩124,630.84 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.65% during the next 3 months and, with a 90% probability hold a price between ₩140,396.31 and ₩178,996.95 at the end of this 3-month period.
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145720.KS 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 Dentium 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 ₩130,285.71 and ₩132,282.86. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -12.06%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Dentium CO., LTD stock
Dentium CO., LTD finds support from accumulated volume at ₩126,000.00 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 ₩1,900.00 (1.47%) between high and low. For the last week, the stock has had daily average volatility of 2.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (145720.KS) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Dentium CO., LTD to open at ₩129,600.00, and during the day (based on 14 day Average True Range), to move between ₩124,620.72 and ₩133,579.28, which gives a possible trading interval of +/-₩4,479.28 (+/-3.47%) up or down from last closing price. If Dentium CO., LTD takes out the full calculated possible swing range there will be an estimated 6.94% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩126,000.00 (2.40%) than the resistance at ₩137,000.00 (6.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Dentium CO., LTD stock A Buy?
The Dentium CO., LTD stock holds several negative signals and despite the positive trend, we believe Dentium CO., LTD will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.255 Sell Candidate Unchanged
Predicted Opening Price for Dentium CO., LTD of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| ₩129,600.00 ( 0.387%) | ₩129,100.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 145720.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 131,500.00 | 1.86 % | |
| R2 | 130,774.20 | 1.30 % | ||
| R1 | 130,325.80 | 0.95 % | ||
| Current price: | 129,100.00 | |||
| Support | S1 | 128,874.20 | -0.175 % | |
| S2 | 128,425.80 | -0.522 % | ||
| S3 | 127,700.00 | -1.08 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 144,200.00 | 11.70 % | |
| R2 | 139,000.00 | 7.67 % | ||
| R1 | 137,000.00 | 6.12 % | ||
| Current price | 129,100.00 | |||
| Support | S1 | 126,000.00 | -2.40% | |
| S2 | 122,200.00 | -5.34% | ||
| S3 | 120,500.00 | -6.66% |
145720 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 15, 2024 | ₩300.00 | 0.231% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩300.00 | 0.301% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩250.00 | 0.357% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | ₩200.00 | 0.491% |
| 5 | Dec 27, 2018 | Dec 27, 2018 | Dec 27, 2018 | ₩150.00 | 0.272% |
FAQ
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