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 300285.SZ
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Shandong Sinocera Functnl Mtrl Co Ltd stock price up 0.82% on Friday
(Updated on Mar 29, 2024)

Sell candidate since Mar 13, 2024 Loss -9.58% PDF

The Shandong Sinocera Functnl Mtrl Co Ltd stock price gained 0.82% on the last trading day (Friday, 29th Mar 2024), rising from ¥17.04 to ¥17.18. During the last trading day the stock fluctuated 3.15% from a day low at ¥16.81 to a day high of ¥17.34. The price has fallen in 6 of the last 10 days and is down by -7.29% for this period. Volume fell on the last day by -6 million shares and in total, 5 million shares were bought and sold for approximately ¥86.98 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 lies in the middle of a very wide and 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 -11.79% during the next 3 months and, with a 90% probability hold a price between ¥13.13 and ¥17.15 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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300285.SZ Signals & Forecast

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 Shandong Sinocera Functnl Mtrl 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 ¥17.38 and ¥18.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 29, 2024, and so far it has fallen -15.66%. 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 Shandong Sinocera Functnl Mtrl Co Ltd stock

Shandong Sinocera Functnl Mtrl Co Ltd finds support from accumulated volume at ¥17.04 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 ¥0.530 between high and low, or 3.15%. For the last week, the stock has had daily average volatility of 3.48%.

Shandong Sinocera Functnl Mtrl Co Ltd is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (300285.SZ) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Shandong Sinocera Functnl Mtrl Co Ltd to open at ¥17.11, and during the day (based on 14 day Average True Range), to move between ¥16.52 and ¥17.84, which gives a possible trading interval of +/-¥0.659 (+/-3.83%) up or down from last closing price. If Shandong Sinocera Functnl Mtrl Co Ltd takes out the full calculated possible swing range there will be an estimated 7.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥17.04 (0.81%) than the resistance at ¥18.85 (9.72%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Shandong Sinocera Functnl Mtrl Co Ltd stock A Buy?

Shandong Sinocera Functnl Mtrl Co Ltd holds several negative signals and is within a very 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: -5.474 Strong Sell Candidate Unchanged

Predicted Opening Price for Shandong Sinocera Functnl Mtrl Co Ltd of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
¥17.11 ( 0.407%) ¥17.18

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

Trading levels for 300285.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.64 2.68 %
R2 17.44 1.50 %
R1 17.31 0.771 %
Current price: 17.18
Support S1 16.91 -1.59 %
S2 16.78 -2.31 %
S3 16.58 -3.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 20.24 17.81 %
R2 19.38 12.81 %
R1 18.85 9.72 %
Current price 17.18
Support S1 17.04 -0.81%
S2 16.79 -2.27%
S3 16.43 -4.37%

300285 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 26, 2023 May 26, 2023 May 26, 2023 ¥0.100 0.369%
2 Apr 26, 2022 Apr 26, 2022 Apr 26, 2022 ¥0.110 0.351%
3 Apr 16, 2021 Apr 16, 2021 Apr 16, 2021 ¥0.100 0.228%
4 Apr 24, 2020 Apr 24, 2020 Apr 24, 2020 ¥0.0600 0.269%
5 Apr 03, 2019 Apr 03, 2019 Apr 03, 2019 ¥0.0667 0.412%

FAQ

What is the symbol for Shandong Sinocera Functnl Mtrl Co Ltd Stock and on which exchange is it traded?
The symbol for Shandong Sinocera Functnl Mtrl Co Ltd is 300285.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Shandong Sinocera Functnl Mtrl Co Ltd Stock?
Shandong Sinocera Functnl Mtrl Co Ltd holds several negative signals and is within a very 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 Shandong Sinocera Functnl Mtrl Co Ltd Stock?
Shandong Sinocera Functnl Mtrl 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 Shandong Sinocera Functnl Mtrl Co Ltd Stock.

What's the current price of Shandong Sinocera Functnl Mtrl Co Ltd Stock?
As of the end of day on the 2024-03-29, the price of an Shandong Sinocera Functnl Mtrl Co Ltd (300285.SZ) share was ¥17.18.

What is the 52-week high and low for Shandong Sinocera Functnl Mtrl Co Ltd Stock?
The 52-week high for Shandong Sinocera Functnl Mtrl Co Ltd Stock is ¥31.69 and the 52-week low is ¥15.90.

What is the market capitalization of Shandong Sinocera Functnl Mtrl Co Ltd Stock?
As of the 2024-03-29, the market capitalization of Shandong Sinocera Functnl Mtrl Co Ltd is 16.929B.

When is the next earnings date for Shandong Sinocera Functnl Mtrl Co Ltd?
The upcoming earnings date for Shandong Sinocera Functnl Mtrl Co Ltd is Apr 18, 2024.
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About Shandong Sinocera Functnl Mtrl Co Ltd

Shandong Sinocera Functional Material Co., Ltd. engages in the manufacture and sale of ceramic products in the People's Republic of China. The company's products include electronic and structural ceramic materials, cerium zirconium mixed oxide, bioceramics, architectural ceramic materials, electronic metal pastes, ceramic inks, catalytic materials, etc. Its products are used in high-end industries, such as electronic information and telecommunica... 300285.SZ Profile

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