Humasis Co. Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Humasis Co. Ltd. stock price ended at ₩1,938.00 on Thursday, after losing 0%.
(Updated on May 09, 2024)
No changes to the price of Humasis Co. Ltd. stock on the last trading day (Thursday, 9th May 2024). During the last trading day the stock fluctuated 1.19% from a day low at ₩1,929.00 to a day high of ₩1,952.00. The price has risen in 8 of the last 10 days and is up by 9.99% over the past 2 weeks.
The stock lies in the middle of a wide 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 5.58% during the next 3 months and, with a 90% probability hold a price between ₩1,887.58 and ₩2,303.37 at the end of this 3-month period.
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205470.KQ Signals & Forecast
Mostly positive signals in the chart today. The Humasis Co. Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₩1,899.86 and ₩1,907.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 10.24%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.
Support, Risk & Stop-loss for Humasis Co. Ltd. stock
Humasis Co. Ltd. finds support from accumulated volume at ₩1,937.00 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 ₩23.00 between high and low, or 1.19%. For the last week, the stock has had daily average volatility of 2.24%.
Our recommended stop-loss: ₩1,853.97 (-4.34%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (205470.KQ) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Humasis Co. Ltd. to open at ₩1,939.67, and during the day (based on 14 day Average True Range), to move between ₩1,880.45 and ₩1,995.55, which gives a possible trading interval of +/-₩57.55 (+/-2.97%) up or down from last closing price. If Humasis Co. Ltd. takes out the full calculated possible swing range there will be an estimated 5.94% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩1,937.00 (0.05%) than the resistance at ₩2,050.00 (5.78%), 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?
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 Humasis Co. Ltd. stock to perform well in the short-term.
Current score: 1.872 Buy Candidate Unchanged
Predicted Opening Price for Humasis Co. Ltd. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| ₩1,939.67 ( 0.0860%) | ₩1,938.00 |
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 | 1,962.67 | 1.27 % | |
| R2 | 1,953.88 | 0.82 % | ||
| R1 | 1,948.45 | 0.539 % | ||
| Current price: | 1,938.00 | |||
| Support | S1 | 1,930.88 | -0.367 % | |
| S2 | 1,925.45 | -0.647 % | ||
| S3 | 1,916.67 | -1.10 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,120.00 | 9.39 % | |
| R2 | 2,060.00 | 6.30 % | ||
| R1 | 2,050.00 | 5.78 % | ||
| Current price | 1,938.00 | |||
| Support | S1 | 1,937.00 | -0.0516% | |
| S2 | 1,928.00 | -0.516% | ||
| S3 | 1,827.00 | -5.73% |
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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