RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 300070.SZ
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Green day on Thursday for Beijing Originwater Technology Co.,Ltd.
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Loss -1.62% PDF

The Beijing Originwater Technology Co.,Ltd. stock price gained 1.25% on the last trading day (Thursday, 28th Mar 2024), rising from ¥4.79 to ¥4.85. During the last trading day the stock fluctuated 2.09% from a day low at ¥4.78 to a day high of ¥4.88. The price has fallen in 5 of the last 10 days and is down by -3.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 20 million shares were bought and sold for approximately ¥97.05 million.

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 3.50% during the next 3 months and, with a 90% probability hold a price between ¥4.56 and ¥5.34 at the end of this 3-month period.

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300070.SZ Signals & Forecast

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Beijing Originwater Technology 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 ¥4.91 and ¥4.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -5.64%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Beijing Originwater Technology Co.,Ltd. stock

Beijing Originwater Technology Co.,Ltd. finds support from accumulated volume at ¥4.81 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ¥0.1000 between high and low, or 2.09%. For the last week the stock has had daily average volatility of 2.36%.

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

Trading Expectations (300070.SZ) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Beijing Originwater Technology Co.,Ltd. to open at ¥4.84, and during the day (based on 14 day Average True Range), to move between ¥4.74 and ¥4.96, which gives a possible trading interval of +/-¥0.107 (+/-2.20%) up or down from last closing price. If Beijing Originwater Technology Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥4.81 (0.82%) than the resistance at ¥5.00 (3.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Beijing Originwater Technology Co.,Ltd. stock A Buy?

The Beijing Originwater Technology Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Beijing Originwater Technology Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.030 Sell Candidate Unchanged

Predicted Opening Price for Beijing Originwater Technology Co.,Ltd. of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
¥4.84 ( 0.275%) ¥4.85

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

Trading levels for 300070.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.94 1.79 %
R2 4.90 1.00 %
R1 4.87 0.513 %
Current price: 4.85
Support S1 4.80 -1.06 %
S2 4.77 -1.55 %
S3 4.74 -2.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.04 3.92 %
R2 5.02 3.51 %
R1 5.00 3.09 %
Current price 4.85
Support S1 4.81 -0.82%
S2 4.80 -1.03%
S3 4.31 -11.13%

300070 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 25, 2023 May 25, 2023 May 25, 2023 ¥0.0300 0.551%
2 May 27, 2022 May 27, 2022 May 27, 2022 ¥0.0260 0.539%
3 Jun 08, 2021 Jun 08, 2021 Jun 08, 2021 ¥0.0550 0.763%
4 May 29, 2020 May 29, 2020 May 29, 2020 ¥0.0660 0.83%
5 May 27, 2019 May 27, 2019 May 27, 2019 ¥0.0390 0.519%

FAQ

What is the symbol for Beijing Originwater Technology Co.,Ltd. Stock and on which exchange is it traded?
The symbol for Beijing Originwater Technology Co.,Ltd. is 300070.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Beijing Originwater Technology Co.,Ltd. Stock?
The Beijing Originwater Technology Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Beijing Originwater Technology Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Beijing Originwater Technology Co.,Ltd. Stock?
Beijing Originwater Technology 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 Beijing Originwater Technology Co.,Ltd. Stock.

What's the current price of Beijing Originwater Technology Co.,Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an Beijing Originwater Technology Co.,Ltd. (300070.SZ) share was ¥4.85.

What is the 52-week high and low for Beijing Originwater Technology Co.,Ltd. Stock?
The 52-week high for Beijing Originwater Technology Co.,Ltd. Stock is ¥6.55 and the 52-week low is ¥4.18.

What is the market capitalization of Beijing Originwater Technology Co.,Ltd. Stock?
As of the 2024-03-28, the market capitalization of Beijing Originwater Technology Co.,Ltd. is 17.759B.
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About Beijing Originwater Technology Co.,Ltd.

Beijing Originwater Technology Co.Ltd. Beijing Originwater Technology Co., Ltd. operates in the water and wastewater treatment industry in China and internationally. Its products and technologies include microfiltration membrane, ultrafiltration membrane, ultra-low pressure and highly selective membrane, and reverse osmosis. The company engages in water and wastewater treatment industrial chain, including municipal and industrial wastewater treatment, drinking water treatment, desalin... 300070.SZ Profile

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