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 300694.SZ
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Wuxi Lihu Corporation Limited stock price ended at ¥10.25 on Thursday, after gaining 1.79%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 1.79% PDF

The Wuxi Lihu Corporation Limited stock price gained 1.79% on the last trading day (Thursday, 28th Mar 2024), rising from ¥10.07 to ¥10.25. During the last trading day the stock fluctuated 3.09% from a day low at ¥10.04 to a day high of ¥10.35. The price has risen in 6 of the last 10 days and is up by 2.6% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 190 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately ¥29.12 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at ¥10.49 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -18.49% during the next 3 months and, with a 90% probability hold a price between ¥5.07 and ¥8.55 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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300694.SZ Signals & Forecast

The Wuxi Lihu Corporation Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ¥10.41. On a fall, the stock will find some support from the long-term average at approximately ¥9.44. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -4.12%. 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 Wuxi Lihu Corporation Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at ¥9.04 and ¥8.90. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Wuxi Lihu Corporation Limited finds support just below today's level at ¥9.04. If this is broken, then the next support from accumulated volume will be at ¥8.90 and ¥8.66.

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 ¥0.310 between high and low, or 3.09%. For the last week, the stock has had daily average volatility of 3.70%.

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

Trading Expectations (300694.SZ) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Wuxi Lihu Corporation Limited to open at ¥10.21, and during the day (based on 14 day Average True Range), to move between ¥9.84 and ¥10.66, which gives a possible trading interval of +/-¥0.414 (+/-4.04%) up or down from last closing price. If Wuxi Lihu Corporation Limited takes out the full calculated possible swing range there will be an estimated 8.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ¥10.49 (2.34%) than the support at ¥9.04 (11.80%), 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 Wuxi Lihu Corporation Limited stock A Buy?

Wuxi Lihu Corporation Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.278 Sell Candidate Unchanged

Predicted Opening Price for Wuxi Lihu Corporation Limited of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
¥10.21 ( 0.358%) ¥10.25

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

Trading levels for 300694.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.52 2.67 %
R2 10.40 1.51 %
R1 10.33 0.798 %
Current price: 10.25
Support S1 10.09 -1.51 %
S2 10.02 -2.23 %
S3 9.90 -3.38 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.61 23.02 %
R2 12.34 20.39 %
R1 10.49 2.34 %
Current price 10.25
Support S1 9.04 -11.80%
S2 8.90 -13.17%
S3 8.66 -15.51%

300694 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 27, 2023 Jun 27, 2023 Jun 27, 2023 ¥0.0500 0.484%
2 Jun 10, 2021 Jun 10, 2021 Jun 10, 2021 ¥0.0330 0.331%
3 Jun 24, 2020 Jun 24, 2020 Jun 24, 2020 ¥0.0800 0.663%
4 Jun 21, 2019 Jun 21, 2019 Jun 21, 2019 ¥0.0600 0.285%

FAQ

What is the symbol for Wuxi Lihu Corporation Limited Stock and on which exchange is it traded?
The symbol for Wuxi Lihu Corporation Limited is 300694.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Wuxi Lihu Corporation Limited Stock?
Wuxi Lihu Corporation Limited holds several negative signals and we believe that 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 Wuxi Lihu Corporation Limited Stock?
Wuxi Lihu Corporation Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Wuxi Lihu Corporation Limited Stock.

What's the current price of Wuxi Lihu Corporation Limited Stock?
As of the end of day on the 2024-03-28, the price of an Wuxi Lihu Corporation Limited (300694.SZ) share was ¥10.25.

What is the 52-week high and low for Wuxi Lihu Corporation Limited Stock?
The 52-week high for Wuxi Lihu Corporation Limited Stock is ¥13.88 and the 52-week low is ¥6.80.

What is the market capitalization of Wuxi Lihu Corporation Limited Stock?
As of the 2024-03-28, the market capitalization of Wuxi Lihu Corporation Limited is 2.19B.
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About Wuxi Lihu Corporation Limited

Wuxi Lihu Corporation Limited. manufactures and sells turbo charger components. The company develops, produces, and sells compressor and turbine casings. It also offers compressor and turbine shell products. The company was founded in 1994 and is headquartered in Wuxi, China.... 300694.SZ Profile

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