Kb Kbstar Kosdaq150 Etf Stock Forecast
Evaluation of Kb Kbstar Kosdaq150 Etf stock downgraded after the last trading session.
(Updated on Jun 14, 2024)
The Kb Kbstar Kosdaq150 Etf stock price fell by -0.542% on the last day (Friday, 14th Jun 2024) from ₩13,830.00 to ₩13,755.00. During the last trading day the stock fluctuated 1.94% from a day low at ₩13,690.00 to a day high of ₩13,955.00. The price has risen in 7 of the last 10 days and is up by 4.88% over the past 2 weeks. 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 -20 thousand shares and in total, 19 thousand shares were bought and sold for approximately ₩259.28 million.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.87% during the next 3 months and, with a 90% probability hold a price between ₩11,589.44 and ₩12,681.02 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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270810.KS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 4.88%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kb Kbstar Kosdaq150 Etf stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₩13,867.14 and ₩13,770.14. A break-up above any of these levels will issue buy signals. 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 Kb Kbstar Kosdaq150 Etf stock
Kb Kbstar Kosdaq150 Etf finds support from accumulated volume at ₩13,525.00 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 ₩265.00 (1.94%) between high and low. For the last week, the stock has had daily average volatility of 1.60%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (270810.KS) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Kb Kbstar Kosdaq150 Etf to open at ₩13,800.00, and during the day (based on 14 day Average True Range), to move between ₩13,508.52 and ₩14,001.48, which gives a possible trading interval of +/-₩246.48 (+/-1.79%) up or down from last closing price. If Kb Kbstar Kosdaq150 Etf takes out the full calculated possible swing range there will be an estimated 3.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩13,525.00 (1.67%) than the resistance at ₩14,025.00 (1.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kb Kbstar Kosdaq150 Etf stock A Buy?
Kb Kbstar Kosdaq150 Etf 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -1.779 Sell Candidate Downgraded
Predicted Opening Price for Kb Kbstar Kosdaq150 Etf of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| ₩13,800.00 ( 0.327%) | ₩13,755.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 270810.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14,065.00 | 2.25% |
| R2 | 13,963.77 | 1.52% |
| R1 | 13,901.23 | 1.06% |
| Price | 13,755.00 | |
| S1 | 13,698.77 | -0.409% |
| S2 | 13,636.23 | -0.86% |
| S3 | 13,535.00 | -1.60% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 15,340.00 | 11.52% |
| R2 | 15,300.00 | 11.23% |
| R1 | 14,025.00 | 1.96% |
| Price | 13,755.00 | |
| S1 | 13,525.00 | -1.67% |
| S2 | 13,470.00 | -2.07% |
| S3 | 13,325.00 | -3.13% |
270810 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 03, 2024 | ₩10.00 | 0.0707% |
| 2 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | ₩50.00 | 0.387% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | ₩48.00 | 0.394% |
FAQ
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