Kodex 10Y F-LKTB Stock Forecast
Green day on Thursday for Kodex 10Y F-LKTB
(Updated on Jul 04, 2024)
The Kodex 10Y F-LKTB stock price gained 0.380% on the last trading day (Thursday, 4th Jul 2024), rising from ₩67,030.00 to ₩67,285.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.238% from a day low at ₩67,150.00 to a day high of ₩67,310.00. The price has been going up and down for this period, and there has been a 0.4% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 14 thousand shares were bought and sold for approximately ₩915.28 million.
The stock lies in the middle of a narrow 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 3.89% during the next 3 months and, with a 90% probability hold a price between ₩68,840.36 and ₩70,966.42 at the end of this 3-month period.
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152380.KS Signals & Forecast
The Kodex 10Y F-LKTB stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₩66,994.29 and ₩66,331.00. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 4.62%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, June 03, 2024 in the long-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 12 Months
The stock had a Golden Star Signal on Monday, June 03, 2024 in the long-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.
Support, Risk & Stop-loss for Kodex 10Y F-LKTB stock
Kodex 10Y F-LKTB finds support from accumulated volume at ₩66,930.00 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 ₩160.00 between high and low, or 0.238%. For the last week the stock has had daily average volatility of 0.362%.
Our recommended stop-loss: ₩64,782.00 (-3.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 69 days ago.)
Trading Expectations (152380.KS) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect Kodex 10Y F-LKTB to open at ₩67,248.33, and during the day (based on 14 day Average True Range), to move between ₩67,038.58 and ₩67,531.42, which gives a possible trading interval of +/-₩246.42 (+/-0.37%) up or down from last closing price. If Kodex 10Y F-LKTB takes out the full calculated possible swing range there will be an estimated 0.73% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ₩66,930.00, some ₩355.00 (0.53%) from the current price of ₩67,285.00, our system finds the risk reward attractive.
Is Kodex 10Y F-LKTB stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kodex 10Y F-LKTB stock to perform well in the short-term.
Current score: 3.888 Buy Candidate Unchanged
Predicted Opening Price for Kodex 10Y F-LKTB of Friday, July 5, 2024
| Fair opening price July 5, 2024 | Current price |
|---|---|
| ₩67,248.33 ( 0.0545%) | ₩67,285.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 152380.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 67,408.33 | 0.183% |
| R2 | 67,347.21 | 0.0925% |
| R1 | 67,309.45 | 0.0363% |
| Price | 67,285.00 | |
| S1 | 67,187.21 | -0.145% |
| S2 | 67,149.45 | -0.201% |
| S3 | 67,088.33 | -0.292% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 67,285.00 | |
| S1 | 66,930.00 | -0.528% |
| S2 | 65,400.00 | -2.80% |
| S3 | 64,315.00 | -4.41% |
FAQ
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