Mirae Asset Management - Tiger Real Stock Forecast

₩4,425.00
-5.00 (-0.113%)
At Close: Apr 30, 2024
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 329200.KS
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Mirae Asset Management - Tiger Real stock price ended at ₩4,425.00 on Tuesday, after losing 0.113%.
(Updated on Apr 30, 2024)

Buy or Hold candidate since Apr 18, 2024 Gain 0.57% PDF

The Mirae Asset Management - Tiger Real stock price fell by -0.113% on the last day (Tuesday, 30th Apr 2024) from ₩4,430.00 to ₩4,425.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 0.339% from a day low at ₩4,425.00 to a day high of ₩4,440.00. The price has been going up and down for this period, and there has been a 1.03% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -333 thousand shares and in total, 439 thousand shares were bought and sold for approximately ₩1.94 billion.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩4,381.47 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.43% during the next 3 months and, with a 90% probability hold a price between ₩4,487.97 and ₩4,739.56 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

329200.KS Signals & Forecast

The Mirae Asset Management - Tiger Real 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 ₩4,443.57 and ₩4,494.71. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.37%. Further rise is indicated until a new top pivot has been found. The stock had a Golden Star Signal on Wednesday, December 20, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, December 20, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Mirae Asset Management - Tiger Real stock

Mirae Asset Management - Tiger Real finds support from accumulated volume at ₩4,395.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₩15.00 between high and low, or 0.339%. For the last week the stock has had daily average volatility of 0.428%.

Our recommended stop-loss: ₩4,164.92 (-5.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (329200.KS) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF to open at ₩4,430.00, and during the day (based on 14 day Average True Range), to move between ₩4,389.58 and ₩4,460.42, which gives a possible trading interval of +/-₩35.42 (+/-0.80%) up or down from last closing price. If Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF takes out the full calculated possible swing range there will be an estimated 1.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₩4,395.00 (0.68%) than the resistance at ₩4,460.00 (0.79%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.411 Buy Candidate Unchanged

Predicted Opening Price for Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
₩4,430.00 ( 0.113%) ₩4,425.00

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

Trading levels for 329200.KS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4,445.00 0.452 %
R2 4,439.27 0.322 %
R1 4,435.73 0.242 %
Current price: 4,425.00
Support S1 4,424.27 -0.0165 %
S2 4,420.73 -0.0965 %
S3 4,415.00 -0.226 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4,585.00 3.62 %
R2 4,560.00 3.05 %
R1 4,460.00 0.791 %
Current price 4,425.00
Support S1 4,395.00 -0.678%
S2 4,380.00 -1.02%
S3 4,365.00 -1.36%

329200 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 29, 2024 Apr 29, 2024 May 03, 2024 ₩40.00 0.90%
2 Mar 28, 2024 Mar 28, 2024 Apr 02, 2024 ₩48.00 1.06%
3 Feb 28, 2024 Feb 28, 2024 Mar 05, 2024 ₩40.00 0.90%
4 Jan 30, 2024 Jan 30, 2024 Feb 02, 2024 ₩10.00 0.230%
5 Dec 27, 2023 Dec 27, 2023 Dec 27, 2023 ₩15.00 0.346%

FAQ

What is the symbol for Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock and on which exchange is it traded?
The symbol for Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF is 329200.KS and it is traded on the KSE (Korea Exchange).

Should I buy or sell Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock?
Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock.

What's the current price of Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock?
As of the end of day on the Apr 30, 2024, the price of an Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF (329200.KS) share was ₩4,425.00.

What is the 52-week high and low for Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock?
The 52-week high for Mirae Asset Management - Tiger Real Estate Infra High Dividend ETF Stock is ₩4,850.00 and the 52-week low is ₩4,055.00.
Click to get the best stock tips daily for free!