KStar Short-term MSB ETF (Bond) Stock Forecast
Green day on Wednesday for KStar Short-term MSB ETF (Bond) stock after gaining 0.0090%
(Updated on May 08, 2024)
The KStar Short-term MSB ETF (Bond) stock price gained 0.0090% on the last trading day (Wednesday, 8th May 2024), rising from ₩111,450.00 to ₩111,460.00. It has now gained 4 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 0.0135% from a day low at ₩111,460.00 to a day high of ₩111,475.00. The price has risen in 9 of the last 10 days and is up by 0.14% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 38 thousand shares were bought and sold for approximately ₩4.19 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 ₩111,451.90 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect KStar Short-term MSB ETF (Bond) stock with a 90% probability to be traded between ₩112,271.00 and ₩112,325.67 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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196230.KS Signals & Forecast
Mostly positive signals in the chart today. The KStar Short-term MSB ETF (Bond) 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 ₩111,410.71 and ₩111,215.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 09, 2024, and so far it has risen 0.238%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for KStar Short-term MSB ETF (Bond) stock
KStar Short-term MSB ETF (Bond) finds support from accumulated volume at ₩111,380.00 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 ₩15.00 between high and low, or 0.0135%. For the last week the stock has had daily average volatility of 0.0153%.
Our recommended stop-loss: ₩104,414.09 (-6.32%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)
Trading Expectations (196230.KS) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect KStar Short-term MSB ETF (Bond) to open at ₩111,465.00, and during the day (based on 14 day Average True Range), to move between ₩111,348.89 and ₩111,571.11, which gives a possible trading interval of +/-₩111.11 (+/-0.10%) up or down from last closing price. If KStar Short-term MSB ETF (Bond) takes out the full calculated possible swing range there will be an estimated 0.20% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ₩111,380.00, some ₩80.00 (0.07%) from the current price of ₩111,460.00, our system finds the risk reward attractive.
Is KStar Short-term MSB ETF (Bond) stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for KStar Short-term MSB ETF (Bond) stock to perform well in the short-term period.
Current score: 3.245 Buy Candidate Unchanged
Predicted Opening Price for KStar Short-term MSB ETF (Bond) of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| ₩111,465.00 ( 0.0045%) | ₩111,460.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 196230.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 111,480.00 | 0.0179 % | |
| R2 | 111,474.27 | 0.0128 % | ||
| R1 | 111,470.73 | 0.0096 % | ||
| Current price: | 111,460.00 | |||
| Support | S1 | 111,459.27 | -0.0007 % | |
| S2 | 111,455.73 | -0.0038 % | ||
| S3 | 111,450.00 | -0.0090 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 111,460.00 | |||
| Support | S1 | 111,380.00 | -0.0718% | |
| S2 | 110,770.00 | -0.619% | ||
| S3 | 110,700.00 | -0.682% |
196230 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩2,110.00 | 2.05% |
| 2 | Dec 29, 2015 | Dec 29, 2015 | Dec 29, 2015 | ₩1,000.00 | 0.99% |
| 3 | Dec 29, 2014 | Dec 29, 2014 | Dec 29, 2014 | ₩905.00 | 0.90% |
FAQ
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