Humasis Co. Ltd. Stock Forecast
Green day on Friday for Humasis Co. Ltd. stock after gaining 0.113%
(Updated on Apr 26, 2024)
The Humasis Co. Ltd. stock price gained 0.113% on the last trading day (Friday, 26th Apr 2024), rising from ₩1,768.00 to ₩1,770.00. It has now gained 5 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 0.96% from a day low at ₩1,767.00 to a day high of ₩1,784.00. The price has risen in 7 of the last 10 days but is still down by -7.09% for this period. Volume fell on the last day by -4 thousand shares and in total, 429 thousand shares were bought and sold for approximately ₩759.25 million. 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 has broken the wide and weak 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 ₩1,779.10. A reaction back to this level may hold a second chance to get out before further falls.
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205470.KQ Signals & Forecast
There are mixed signals in the stock today. The Humasis Co. Ltd. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ₩1,879.20. On a fall, the stock will find some support from the short-term average at ₩1,769.29. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.683%. Further rise is indicated until a new top pivot has been found. 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 Humasis Co. Ltd. stock
Humasis Co. Ltd. finds support from accumulated volume at ₩1,758.00 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₩17.00 between high and low, or 0.96%. For the last week, the stock has had daily average volatility of 1.49%.
Humasis Co. Ltd. is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (205470.KQ) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Humasis Co. Ltd. to open at ₩1,773.67, and during the day (based on 14 day Average True Range), to move between ₩1,702.66 and ₩1,837.34, which gives a possible trading interval of +/-₩67.34 (+/-3.80%) up or down from last closing price. If Humasis Co. Ltd. takes out the full calculated possible swing range there will be an estimated 7.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩1,758.00 (0.68%) than the resistance at ₩1,928.00 (8.93%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Humasis Co. Ltd. stock A Buy?
Humasis Co. Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.665 Sell Candidate Unchanged
Predicted Opening Price for Humasis Co. Ltd. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| ₩1,773.67 ( 0.207%) | ₩1,770.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 205470.KQ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,790.67 | 1.17 % | |
| R2 | 1,784.17 | 0.80 % | ||
| R1 | 1,780.16 | 0.574 % | ||
| Current price: | 1,770.00 | |||
| Support | S1 | 1,767.17 | -0.160 % | |
| S2 | 1,763.16 | -0.386 % | ||
| S3 | 1,756.67 | -0.753 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,060.00 | 16.38 % | |
| R2 | 2,050.00 | 15.82 % | ||
| R1 | 1,928.00 | 8.93 % | ||
| Current price | 1,770.00 | |||
| Support | S1 | 1,758.00 | -0.678% | |
| S2 | 1,711.00 | -3.33% | ||
| S3 | 1,632.00 | -7.80% |
205470 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩200.00 | 5.26% |
FAQ
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