Shandong University Electric Power Technology . Stock Forecast
Buy 301609
Should you buy 301609.SZ stock?
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Based on market data through , StockInvest.us rates Shandong University Electric Power Technology Co., Ltd. (301609.SZ) as Hold/Accumulate with a technical score of -0.31 on its -10 to +10 scale. This is an upgrade from Sell in the previous daily evaluation.
- Hold signal since
- Price since signal Flat 0.00%
- 3-month trend forecast Down 34.54%
- Easy Tracking In The Watchlist
Stronger technical forecast for Shandong University Electric Power stock price after Monday trading
(Market data through Aug 10, 2026)
The Shandong University Electric Power stock price gained 1.12% on the last trading day (Monday, 10th Aug 2026), rising from ¥35.76 to ¥36.16. During the last trading day the stock fluctuated 2.52% from a day low at ¥35.38 to a day high of ¥36.27. The price has been going up and down for this period, and there has been a 1.83% gain for the last 2 weeks. Volume fell on the last day by -371 thousand shares and in total, 4 million shares were bought and sold for approximately ¥139.26 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 stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is ¥34.72, a level that may pose a second chance to hit a runner. According to fan-theory ¥45.43 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
301609.SZ Signals & Forecast
The Shandong University Electric Power 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 ¥36.55. On a fall, the stock will find some support from the long-term average at approximately ¥34.51. 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 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. A sell signal was issued from a pivot top point on Thursday, July 23, 2026, and so far it has fallen -5.51%. 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 University Electric Power stock
Shandong University Electric Power finds support from accumulated volume at ¥35.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ¥0.89 between high and low, or 2.52%. For the last week, the stock has had daily average volatility of 3.97%.
Our recommended stop-loss: ¥34.60 (-4.30%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (301609.SZ) For The Upcoming Trading Day Of Tuesday 11th
For the upcoming trading day on Tuesday, 11th we expect Shandong University Electric Power Technology Co., Ltd. to open at ¥35.94, and during the day (based on 14 day Average True Range), to move between ¥34.63 and ¥37.69, which gives a possible trading interval of +/-¥3.06 (+/-8.83%) up or down from last closing price. If Shandong University Electric Power Technology Co., Ltd. takes out the full calculated possible swing range there will be an estimated 8.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ¥36.25 (0.25%) than the support at ¥35.27 (2.46%), 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 Shandong University Electric Power Technology Co., Ltd. stock A Buy?
Shandong University Electric Power holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.
Current score:
-0.313
Hold/Accumulate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on August 11, 2026 - ¥35.94 ( 0.618%).
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301609.SZ Performance
Trading levels for 301609.SZ
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 36.83 | 1.84% |
| R2 | 36.49 | 0.90% |
| R1 | 36.28 | 0.323% |
| Price | 36.16 | |
| S1 | 35.60 | -1.56% |
| S2 | 35.39 | -2.14% |
| S3 | 35.05 | -3.08% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38.27 | 5.84% |
| R2 | 37.46 | 3.60% |
| R1 | 36.25 | 0.249% |
| Price | 36.16 | |
| S1 | 35.27 | -2.46% |
| S2 | 35.10 | -2.93% |
| S3 | 34.12 | -5.64% |
301609 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 04, 2026 | Jun 04, 2026 | Jun 04, 2026 | ¥0.360 | 0.711% |
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