Asiana IDT, Inc. Stock Forecast
Asiana IDT, Inc. stock price ended at ₩17,220.00 on Wednesday, after losing 0.0580%.
(Updated on Jun 26, 2024)
The Asiana IDT, Inc. stock price fell by -0.0580% on the last day (Wednesday, 26th Jun 2024) from ₩17,230.00 to ₩17,220.00. During the last trading day the stock fluctuated 1.46% from a day low at ₩17,110.00 to a day high of ₩17,360.00. The price has fallen in 6 of the last 10 days and is down by -6.41% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -13 thousand shares and in total, 9 thousand shares were bought and sold for approximately ₩146.44 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩16,956.18 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 12.39% during the next 3 months and, with a 90% probability hold a price between ₩19,056.26 and ₩21,300.74 at the end of this 3-month period.
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267850.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 24, 2024, and so far it has risen 1.06%. 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 Asiana IDT, Inc. 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 ₩17,317.14 and ₩17,569.71. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Asiana IDT, Inc. stock
Asiana IDT, Inc. finds support from accumulated volume at ₩16,990.00 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 ₩250.00 (1.46%) between high and low. For the last week, the stock has had daily average volatility of 1.94%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (267850.KS) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Asiana IDT, Inc. to open at ₩17,230.00, and during the day (based on 14 day Average True Range), to move between ₩16,522.66 and ₩17,917.34, which gives a possible trading interval of +/-₩697.34 (+/-4.05%) up or down from last closing price. If Asiana IDT, Inc. takes out the full calculated possible swing range there will be an estimated 8.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩16,990.00 (1.34%) than the resistance at ₩18,000.00 (4.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Asiana IDT, Inc. stock A Buy?
The Asiana IDT, Inc. stock holds several negative signals and despite the positive trend, we believe Asiana IDT, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.911 Sell Candidate Unchanged
Predicted Opening Price for Asiana IDT, Inc. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| ₩17,230.00 ( 0.0581%) | ₩17,220.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 267850.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17,480.00 | 1.51% |
| R2 | 17,384.50 | 0.96% |
| R1 | 17,325.50 | 0.613% |
| Price | 17,220.00 | |
| S1 | 17,134.50 | -0.497% |
| S2 | 17,075.50 | -0.84% |
| S3 | 16,980.00 | -1.39% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18,400.00 | 6.85% |
| R2 | 18,140.00 | 5.34% |
| R1 | 18,000.00 | 4.53% |
| Price | 17,220.00 | |
| S1 | 16,990.00 | -1.34% |
| S2 | 16,440.00 | -4.53% |
| S3 | 16,050.00 | -6.79% |
267850 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Apr 22, 2024 | ₩500.00 | 3.18% |
| 2 | Dec 28, 2022 | Dec 28, 2022 | Dec 28, 2022 | ₩500.00 | 2.85% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | ₩500.00 | 2.70% |
| 4 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | ₩500.00 | 2.17% |
| 5 | Dec 27, 2018 | Dec 27, 2018 | Dec 27, 2018 | ₩500.00 | 4.29% |
FAQ
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