KB Asset Management Co., Ltd. - KBStar Stock Forecast
KB Asset Management Co., Ltd. - KBStar stock price down 0.192% on Monday
(Updated on May 20, 2024)
The KB Asset Management Co., Ltd. - KBStar stock price fell by -0.192% on the last day (Monday, 20th May 2024) from ₩13,045.00 to ₩13,020.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.73% from a day low at ₩13,000.00 to a day high of ₩13,225.00. The price has fallen in 6 of the last 10 days and is down by -1.36% for this period. Volume has increased on the last day by 390 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 493 shares were bought and sold for approximately ₩6.42 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 -5.00% during the next 3 months and, with a 90% probability hold a price between ₩11,507.91 and ₩12,603.64 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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287300.KS Signals & Forecast
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 Asset Management Co., Ltd. - KBStar 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 ₩13,150.71 and ₩13,098.57. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 30, 2024, and so far it has fallen -2.84%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for KB Asset Management Co., Ltd. - KBStar stock
KB Asset Management Co., Ltd. - KBStar finds support from accumulated volume at ₩12,845.00 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 ₩225.00 (1.73%) between high and low. For the last week, the stock has had daily average volatility of 1.45%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (287300.KS) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect KB Asset Management Co., Ltd. - KBStar Constructions ETF Fund to open at ₩13,081.67, and during the day (based on 14 day Average True Range), to move between ₩12,803.16 and ₩13,236.84, which gives a possible trading interval of +/-₩216.84 (+/-1.67%) up or down from last closing price. If KB Asset Management Co., Ltd. - KBStar Constructions ETF Fund takes out the full calculated possible swing range there will be an estimated 3.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩12,845.00 (1.34%) than the resistance at ₩13,280.00 (2.00%), 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 Asset Management Co., Ltd. - KBStar Constructions ETF Fund stock A Buy?
KB Asset Management Co., Ltd. - KBStar holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -4.230 Sell Candidate Unchanged
Predicted Opening Price for KB Asset Management Co., Ltd. - KBStar Constructions ETF Fund of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| ₩13,081.67 ( 0.474%) | ₩13,020.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 287300.KS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13,306.67 | 2.20 % | |
| R2 | 13,220.72 | 1.54 % | ||
| R1 | 13,167.62 | 1.13 % | ||
| Current price: | 13,020.00 | |||
| Support | S1 | 12,995.72 | -0.187 % | |
| S2 | 12,942.62 | -0.594 % | ||
| S3 | 12,856.67 | -1.25 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 13,680.00 | 5.07 % | |
| R2 | 13,650.00 | 4.84 % | ||
| R1 | 13,280.00 | 2.00 % | ||
| Current price | 13,020.00 | |||
| Support | S1 | 12,845.00 | -1.34% | |
| S2 | 12,805.00 | -1.65% | ||
| S3 | 12,675.00 | -2.65% |
287300 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 03, 2024 | ₩150.00 | 1.14% |
| 2 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | ₩150.00 | 1.16% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | ₩170.00 | 1.39% |
FAQ
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