RSI low/high Values: [ 25 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 300012.SZ
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Centre Testing International Grp Co Ltd stock after gaining 3.11%
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 3.11% PDF

The Centre Testing International Grp Co Ltd stock price gained 3.11% on the last trading day (Thursday, 28th Mar 2024), rising from ¥12.22 to ¥12.60. During the last trading day the stock fluctuated 5.28% from a day low at ¥12.13 to a day high of ¥12.77. The price has been going up and down for this period, and there has been a -4.4% loss for the last 2 weeks. Volume fell on the last day by -5 million shares and in total, 22 million shares were bought and sold for approximately ¥282.48 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 is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Centre Testing International Grp Co Ltd stock with a 90% probability to be traded between ¥10.75 and ¥13.27 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

300012.SZ Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Centre Testing International Grp Co Ltd 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 ¥12.82 and ¥12.96. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 07, 2024, and so far it has fallen -7.62%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Centre Testing International Grp Co Ltd stock

Centre Testing International Grp Co Ltd finds support from accumulated volume at ¥12.30 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 ¥0.640 between high and low, or 5.28%. For the last week, the stock has had daily average volatility of 5.44%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (300012.SZ) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Centre Testing International Grp Co Ltd to open at ¥12.50, and during the day (based on 14 day Average True Range), to move between ¥12.07 and ¥13.13, which gives a possible trading interval of +/-¥0.535 (+/-4.24%) up or down from last closing price. If Centre Testing International Grp Co Ltd takes out the full calculated possible swing range there will be an estimated 8.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ¥12.84 (1.90%) than the support at ¥12.30 (2.38%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Centre Testing International Grp Co Ltd stock A Buy?

Centre Testing International Grp Co Ltd holds several negative signals and is within a wide and 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: -1.434 Sell Candidate Unchanged

Predicted Opening Price for Centre Testing International Grp Co Ltd of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
¥12.50 ( 0.794%) ¥12.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 300012.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.14 4.29 %
R2 12.90 2.35 %
R1 12.74 1.15 %
Current price: 12.60
Support S1 12.26 -2.73 %
S2 12.10 -3.93 %
S3 11.86 -5.87 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.18 4.60 %
R2 13.14 4.29 %
R1 12.84 1.90 %
Current price 12.60
Support S1 12.30 -2.38%
S2 11.55 -8.33%
S3 11.35 -9.92%

300012 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 25, 2023 May 25, 2023 May 25, 2023 ¥0.0600 0.318%
2 May 26, 2022 May 26, 2022 May 26, 2022 ¥0.0600 0.282%
3 May 21, 2021 May 21, 2021 May 21, 2021 ¥0.0350 0.103%
4 May 20, 2020 May 20, 2020 May 20, 2020 ¥0.0350 0.196%
5 May 28, 2019 May 28, 2019 May 28, 2019 ¥0.0350 0.388%

FAQ

What is the symbol for Centre Testing International Grp Co Ltd Stock and on which exchange is it traded?
The symbol for Centre Testing International Grp Co Ltd is 300012.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Centre Testing International Grp Co Ltd Stock?
Centre Testing International Grp Co Ltd holds several negative signals and is within a wide and 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.

How to buy Centre Testing International Grp Co Ltd Stock?
Centre Testing International Grp Co Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Centre Testing International Grp Co Ltd Stock.

What's the current price of Centre Testing International Grp Co Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Centre Testing International Grp Co Ltd (300012.SZ) share was ¥12.60.

What is the 52-week high and low for Centre Testing International Grp Co Ltd Stock?
The 52-week high for Centre Testing International Grp Co Ltd Stock is ¥21.10 and the 52-week low is ¥10.60.

What is the market capitalization of Centre Testing International Grp Co Ltd Stock?
As of the 2024-03-28, the market capitalization of Centre Testing International Grp Co Ltd is 22.028B.

When is the next earnings date for Centre Testing International Grp Co Ltd?
The upcoming earnings date for Centre Testing International Grp Co Ltd is Apr 23, 2024.
Click to get the best stock tips daily for free!

About Centre Testing International Grp Co Ltd

Centre Testing International Group Co. Ltd. provides testing, calibration, inspection, certification, and technical services in China and internationally. It operates through four segments: Life Science, Trade Guarantee, Consumer Goods, and Industrial Test. The company's services include hazardous substances testing, safety detection, EMC testing, environment safety testing, electronics reliability and failure analysis, material reliability and f... 300012.SZ Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT