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 300759.SZ
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Pharmaron Beijing Co Ltd stock price down 3.07% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 22, 2024 Loss -5.03% PDF

The Pharmaron Beijing Co Ltd stock price fell by -3.07% on the last day (Wednesday, 27th Mar 2024) from ¥20.84 to ¥20.20. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 4.98% from a day low at ¥20.10 to a day high of ¥21.10. The price has fallen in 7 of the last 10 days and is down by -12.82% for this period. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 27 million shares were bought and sold for approximately ¥545.89 million.

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 -20.06% during the next 3 months and, with a 90% probability hold a price between ¥12.72 and ¥18.54 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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300759.SZ Signals & Forecast

There are few to no technical positive signals at the moment. The Pharmaron Beijing 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 ¥21.64 and ¥22.12. 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 04, 2024, and so far it has fallen -18.78%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Pharmaron Beijing Co Ltd stock

Pharmaron Beijing Co Ltd finds support from accumulated volume at ¥19.56 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 ¥1.00 between high and low, or 4.98%. For the last week, the stock has had daily average volatility of 4.43%.

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

Trading Expectations (300759.SZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Pharmaron Beijing Co Ltd to open at ¥20.47, and during the day (based on 14 day Average True Range), to move between ¥19.11 and ¥21.29, which gives a possible trading interval of +/-¥1.09 (+/-5.39%) up or down from last closing price. If Pharmaron Beijing Co Ltd takes out the full calculated possible swing range there will be an estimated 10.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ¥19.56 (3.17%) than the resistance at ¥21.27 (5.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Pharmaron Beijing Co Ltd stock A Buy?

Pharmaron Beijing 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: -4.169 Sell Candidate Unchanged

Predicted Opening Price for Pharmaron Beijing Co Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
¥20.47 ( 1.32%) ¥20.20

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

Trading levels for 300759.SZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.47 6.27 %
R2 21.08 4.38 %
R1 20.85 3.21 %
Current price: 20.20
Support S1 20.08 -0.571 %
S2 19.85 -1.74 %
S3 19.47 -3.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.16 9.70 %
R2 22.01 8.96 %
R1 21.27 5.30 %
Current price 20.20
Support S1 19.56 -3.17%
S2 19.16 -5.15%
S3 0 .

300759 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 27, 2023 Jul 27, 2023 Jul 27, 2023 ¥0.300 1.16%
2 Jun 14, 2022 Jun 14, 2022 Jun 14, 2022 ¥0.450 0.81%
3 Jun 30, 2021 Jun 30, 2021 Jun 30, 2021 ¥0.200 0.207%
4 Jul 15, 2020 Jul 15, 2020 Jul 15, 2020 ¥0.100 0.221%
5 Jul 08, 2019 Jul 08, 2019 Jul 08, 2019 ¥0.0733 0.478%

FAQ

What is the symbol for Pharmaron Beijing Co Ltd Stock and on which exchange is it traded?
The symbol for Pharmaron Beijing Co Ltd is 300759.SZ and it is traded on the SZCE (Shenzhen Stock Exchange).

Should I buy or sell Pharmaron Beijing Co Ltd Stock?
Pharmaron Beijing 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 Pharmaron Beijing Co Ltd Stock?
Pharmaron Beijing 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 Pharmaron Beijing Co Ltd Stock.

What's the current price of Pharmaron Beijing Co Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Pharmaron Beijing Co Ltd (300759.SZ) share was ¥20.20.

What is the 52-week high and low for Pharmaron Beijing Co Ltd Stock?
The 52-week high for Pharmaron Beijing Co Ltd Stock is ¥60.15 and the 52-week low is ¥18.50.

What is the market capitalization of Pharmaron Beijing Co Ltd Stock?
As of the 2024-03-27, the market capitalization of Pharmaron Beijing Co Ltd is 33.248B.

When is the next earnings date for Pharmaron Beijing Co Ltd?
The upcoming earnings date for Pharmaron Beijing Co Ltd is Mar 28, 2024.
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About Pharmaron Beijing Co Ltd

Pharmaron Beijing Co Ltd Pharmaron Beijing Co., Ltd., together with its subsidiaries, provides pharmaceutical research and development services to the life sciences industry in North America, Europe, Mainland China, rest of Asia, and internationally. The company operates through five segments: Laboratory Services; Chemistry, Manufacturing and Controls (CMC) Services; Clinical Development Services; Biologics and Cell and Gene Therapy Services; and Others. It offers labora... 300759.SZ Profile

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