KB Asset Management - KB KBSTAR Fn Stock Forecast
KB Asset Management - KB KBSTAR Fn stock price ended at ₩9,875.00 on Wednesday, after losing 0.202%.
(Updated on Jun 26, 2024)
The KB Asset Management - KB KBSTAR Fn stock price fell by -0.202% on the last day (Wednesday, 26th Jun 2024) from ₩9,895.00 to ₩9,875.00. During the last trading day the stock fluctuated 0.92% from a day low at ₩9,805.00 to a day high of ₩9,895.00. The price has fallen in 7 of the last 10 days but is still up by 0.56% over the past 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 -3 thousand shares and in total, 46 thousand shares were bought and sold for approximately ₩453.73 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.48% during the next 3 months and, with a 90% probability hold a price between ₩10,255.00 and ₩11,403.56 at the end of this 3-month period.
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367770.KS Signals & Forecast
The KB Asset Management - KB KBSTAR Fn stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₩9,860.00 and ₩9,675.71. A breakdown below any of these levels will issue sell signals. 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 Monday, May 27, 2024, and so far it has fallen -2.23%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for KB Asset Management - KB KBSTAR Fn stock
KB Asset Management - KB KBSTAR Fn finds support from accumulated volume at ₩9,850.00 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 ₩90.00 between high and low, or 0.92%. For the last week the stock has had daily average volatility of 1.11%.
Our recommended stop-loss: ₩9,391.28 (-4.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 46 days ago.)
Trading Expectations (367770.KS) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect KB Asset Management - KB KBSTAR Fn Hydrogen Economy ETF to open at ₩9,858.33, and during the day (based on 14 day Average True Range), to move between ₩9,717.33 and ₩10,032.67, which gives a possible trading interval of +/-₩157.67 (+/-1.60%) up or down from last closing price. If KB Asset Management - KB KBSTAR Fn Hydrogen Economy ETF takes out the full calculated possible swing range there will be an estimated 3.19% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₩9,850.00 (0.25%) than the resistance at ₩9,970.00 (0.96%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KB Asset Management - KB KBSTAR Fn Hydrogen Economy ETF stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KB Asset Management - KB KBSTAR Fn stock to perform well in the short-term.
Current score: 1.476 Buy Candidate Unchanged
Predicted Opening Price for KB Asset Management - KB KBSTAR Fn Hydrogen Economy ETF of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| ₩9,858.33 ( 0.169%) | ₩9,875.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 367770.KS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9,948.33 | 0.743% |
| R2 | 9,913.95 | 0.394% |
| R1 | 9,892.71 | 0.179% |
| Price | 9,875.00 | |
| S1 | 9,823.95 | -0.517% |
| S2 | 9,802.71 | -0.732% |
| S3 | 9,768.33 | -1.08% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10,100.00 | 2.28% |
| R2 | 10,070.00 | 1.97% |
| R1 | 9,970.00 | 0.96% |
| Price | 9,875.00 | |
| S1 | 9,850.00 | -0.253% |
| S2 | 9,820.00 | -0.557% |
| S3 | 9,790.00 | -0.86% |
367770 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 03, 2024 | ₩80.00 | 0.88% |
| 2 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | ₩18.00 | 0.177% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | ₩190.00 | 1.90% |
FAQ
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