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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 1837.HK
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Natural Food International Holding Ltd stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 14, 2024)

Hold candidate since Jun 14, 2024 PDF

No changes to the price of Natural Food International Holding Ltd stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 3.77% from a day low at HK$0.530 to a day high of HK$0.550. The price has fallen in 4 of the last 10 days and is down by -10% for this period.

The stock has broken the very wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at HK$0.544. A reaction back to this level may hold a second chance to get out before further falls.

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1837.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Natural Food International Holding 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$0.554 and HK$0.581. 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). 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 Natural Food International Holding Ltd stock

Natural Food International Holding Ltd finds support from accumulated volume at HK$0.520 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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$0.0200 between high and low, or 3.77%. For the last week the stock has had daily average volatility of 3.02%.

Our recommended stop-loss: HK$0.505 (-6.46%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (1837.HK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Natural Food International Holding Limited to open at HK$0.540, and during the day (based on 14 day Average True Range), to move between HK$0.519 and HK$0.561, which gives a possible trading interval of +/-HK$0.0212 (+/-3.92%) up or down from last closing price. If Natural Food International Holding Limited takes out the full calculated possible swing range there will be an estimated 7.85% 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$0.520 (3.70%) than the resistance at HK$0.600 (11.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Natural Food International Holding Limited stock A Buy?

Natural Food International Holding Ltd 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.590 Hold/Accumulate Upgraded

Predicted Opening Price for Natural Food International Holding Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
HK$0.540 ( 0%) HK$0.540

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

Trading levels for 1837.HK

Fibonacci Support & Resistance Levels

Level Price
R3 0.560 3.70%
R2 0.552 2.29%
R1 0.548 1.41%
Price 0.540
S1 0.532 -1.41%
S2 0.528 -2.29%
S3 0.520 -3.70%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.640 18.52%
R2 0.620 14.81%
R1 0.600 11.11%
Price 0.540
S1 0.520 -3.70%
S2 0.510 -5.56%
S3 0.500 -7.41%

1837 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 05, 2024 Jun 05, 2024 Jun 21, 2024 HK$0.0356 6.59%
2 Sep 13, 2021 Sep 13, 2021 Sep 13, 2021 HK$0.0200 3.85%
3 Aug 30, 2019 Sep 12, 2019 Sep 30, 2019 HK$0.0200 1.47%
4 Mar 29, 2019 Jun 05, 2019 Jun 28, 2019 HK$0.0233 1.33%

FAQ

What is the symbol for Natural Food International Holding Limited Stock and on which exchange is it traded?
The symbol for Natural Food International Holding Limited is 1837.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Natural Food International Holding Limited Stock?
Natural Food International Holding Ltd 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Natural Food International Holding Limited Stock?
Natural Food International Holding Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Natural Food International Holding Limited Stock.

What's the current price of Natural Food International Holding Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Natural Food International Holding Limited (1837.HK) share was HK$0.540.

What is the 52-week high and low for Natural Food International Holding Limited Stock?
The 52-week high for Natural Food International Holding Limited Stock is HK$0.670 and the 52-week low is HK$0.395.

What is the market capitalization of Natural Food International Holding Limited Stock?
As of the Jun 14, 2024, the market capitalization of Natural Food International Holding Limited is 1.17B.

When is the next earnings date for Natural Food International Holding Limited?
The upcoming earnings date for Natural Food International Holding Limited is Jun 06, 2025.
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About Natural Food International Holding Limited

Natural Food International Holding Limited, an investment holding company, engages in the manufacturing, processing, and sale of natural health food products in the People's Republic of China. The company offers management and administration services. As of December 31, 2021, it markets its products through a network of 2,464 concessionary counters; and e-commerce platforms. The company was founded in 2007 and is headquartered in Shenzhen, China.... 1837.HK Profile

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