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 300339.SZ
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Jiangsu Hoperun Software Co Ltd stock price ended at ¥22.40 on Thursday, after gaining 3.80%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 3.80% PDF

The Jiangsu Hoperun Software Co Ltd stock price gained 3.80% on the last trading day (Thursday, 28th Mar 2024), rising from ¥21.58 to ¥22.40. During the last trading day the stock fluctuated 7.21% from a day low at ¥21.64 to a day high of ¥23.20. The price has fallen in 7 of the last 10 days and is down by -9.68% for this period. Volume fell on the last day by -2 million shares and in total, 35 million shares were bought and sold for approximately ¥792.75 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 -3.24% during the next 3 months and, with a 90% probability hold a price between ¥16.63 and ¥24.36 at the end of this 3-month period.

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300339.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 Jiangsu Hoperun Software Co Ltd 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 ¥23.50 and ¥22.86. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -11.57%. 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 Jiangsu Hoperun Software Co Ltd stock

Jiangsu Hoperun Software Co Ltd finds support from accumulated volume at ¥21.81 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 ¥1.56 between high and low, or 7.21%. For the last week, the stock has had daily average volatility of 5.70%.

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

Trading Expectations (300339.SZ) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Jiangsu Hoperun Software Co Ltd to open at ¥22.41, and during the day (based on 14 day Average True Range), to move between ¥21.29 and ¥23.51, which gives a possible trading interval of +/-¥1.11 (+/-4.95%) up or down from last closing price. If Jiangsu Hoperun Software Co Ltd takes out the full calculated possible swing range there will be an estimated 9.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥21.81 (2.63%) than the resistance at ¥23.93 (6.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Jiangsu Hoperun Software Co Ltd stock A Buy?

Jiangsu Hoperun Software 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: -4.285 Sell Candidate Unchanged

Predicted Opening Price for Jiangsu Hoperun Software Co Ltd of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
¥22.41 ( 0.0595%) ¥22.40

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

Trading levels for 300339.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.97 7.02 %
R2 23.38 4.36 %
R1 23.01 2.72 %
Current price: 22.40
Support S1 21.82 -2.60 %
S2 21.45 -4.24 %
S3 20.85 -6.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.33 13.08 %
R2 24.18 7.95 %
R1 23.93 6.83 %
Current price 22.40
Support S1 21.81 -2.63%
S2 21.72 -3.04%
S3 21.54 -3.84%

300339 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 05, 2018 Jun 05, 2018 Jun 05, 2018 ¥0.100 0.739%
2 Jun 02, 2017 Jun 02, 2017 Jun 02, 2017 ¥0.100 0.757%
3 May 12, 2016 May 12, 2016 May 12, 2016 ¥0.0750 0.509%
4 May 21, 2015 May 21, 2015 May 21, 2015 ¥0.0500 0.151%
5 May 21, 2014 May 21, 2014 May 21, 2014 ¥0.133 2.00%

FAQ

What is the symbol for Jiangsu Hoperun Software Co Ltd Stock and on which exchange is it traded?
The symbol for Jiangsu Hoperun Software Co Ltd is 300339.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Jiangsu Hoperun Software Co Ltd Stock?
Jiangsu Hoperun Software 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 Jiangsu Hoperun Software Co Ltd Stock?
Jiangsu Hoperun Software 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 Jiangsu Hoperun Software Co Ltd Stock.

What's the current price of Jiangsu Hoperun Software Co Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Jiangsu Hoperun Software Co Ltd (300339.SZ) share was ¥22.40.

What is the 52-week high and low for Jiangsu Hoperun Software Co Ltd Stock?
The 52-week high for Jiangsu Hoperun Software Co Ltd Stock is ¥31.32 and the 52-week low is ¥17.10.

What is the market capitalization of Jiangsu Hoperun Software Co Ltd Stock?
As of the 2024-03-28, the market capitalization of Jiangsu Hoperun Software Co Ltd is 17.47B.

When is the next earnings date for Jiangsu Hoperun Software Co Ltd?
The upcoming earnings date for Jiangsu Hoperun Software Co Ltd is Apr 25, 2024.
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About Jiangsu Hoperun Software Co Ltd

Jiangsu Hoperun Software Co., Ltd. provides financial technology and the Internet of Things solutions in China, Japan, Southeast Asia, North America, and internationally. The company offers chips, hardware, software, and application platforms. It provides financial software solutions for IT, banking, insurance, and testing sectors; and Internet of Things solutions, including smart home and retail, smart IoT, and cloud computing. Jiangsu Hoperun S... 300339.SZ Profile

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