Stella International Holdings Limited Stock Forecast
Stella International Holdings Limited stock price ended at HK$14.00 on Thursday, after losing 0.709%.
(Updated on Jun 20, 2024)
The Stella International Holdings Limited stock price fell by -0.709% on the last day (Thursday, 20th Jun 2024) from HK$14.10 to HK$14.00. During the last trading day the stock fluctuated 1.43% from a day low at HK$14.00 to a day high of HK$14.20. The price has been going up and down for this period, and there has been a -3.71% loss for the last 2 weeks. Volume has increased on the last day by 387 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, 742 thousand shares were bought and sold for approximately HK$10.38 million.
The stock lies in the middle of a wide and strong 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 13.52% during the next 3 months and, with a 90% probability hold a price between HK$15.46 and HK$17.30 at the end of this 3-month period.
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1836.HK Signals & Forecast
There are few to no technical positive signals at the moment. The Stella International Holdings Limited 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$14.08 and HK$14.34. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -5.66%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Stella International Holdings Limited stock
Stella International Holdings Limited finds support from accumulated volume at HK$13.98 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 HK$0.200 (1.43%) between high and low. For the last week, the stock has had daily average volatility of 2.01%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (1836.HK) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Stella International Holdings Limited to open at HK$14.07, and during the day (based on 14 day Average True Range), to move between HK$13.66 and HK$14.34, which gives a possible trading interval of +/-HK$0.339 (+/-2.42%) up or down from last closing price. If Stella International Holdings Limited takes out the full calculated possible swing range there will be an estimated 4.84% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at HK$13.98 (0.14%) than the resistance at HK$14.22 (1.57%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Stella International Holdings Limited stock A Buy?
The Stella International Holdings Limited stock holds several negative signals and despite the positive trend, we believe Stella International Holdings Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.932 Sell Candidate Unchanged
Predicted Opening Price for Stella International Holdings Limited of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| HK$14.07 ( 0.476%) | HK$14.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 1836.HK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.27 | 1.90% |
| R2 | 14.19 | 1.36% |
| R1 | 14.14 | 1.02% |
| Price | 14.00 | |
| S1 | 13.99 | -0.0695% |
| S2 | 13.94 | -0.407% |
| S3 | 13.87 | -0.95% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14.84 | 6.00% |
| R2 | 14.30 | 2.14% |
| R1 | 14.22 | 1.57% |
| Price | 14.00 | |
| S1 | 13.98 | -0.143% |
| S2 | 13.94 | -0.429% |
| S3 | 12.40 | -11.43% |
1836 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | Jun 07, 2024 | HK$0.610 | 4.23% |
| 2 | Sep 06, 2023 | Sep 06, 2023 | Sep 22, 2023 | HK$0.420 | 5.36% |
| 3 | May 17, 2023 | May 17, 2023 | May 17, 2023 | HK$0.450 | 5.79% |
| 4 | Sep 09, 2022 | Sep 09, 2022 | Sep 09, 2022 | HK$0.420 | 5.31% |
| 5 | May 19, 2022 | May 19, 2022 | May 19, 2022 | HK$0.560 | 7.06% |
FAQ
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