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Samsung KODEX Energy & chemicals Stock Forecast

₩13,690.00
+45.00 (+0.330%)
At Close: Jun 14, 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 373490.KS
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Green day on Friday for Samsung KODEX Energy & chemicals stock after gaining 0.330%
(Updated on Jun 14, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 25.02% PDF

The Samsung KODEX Energy & chemicals stock price gained 0.330% on the last trading day (Friday, 14th Jun 2024), rising from ₩13,645.00 to ₩13,690.00. During the last trading day the stock fluctuated 1.33% from a day low at ₩13,510.00 to a day high of ₩13,690.00. The price has fallen in 6 of the last 10 days and is down by -2.77% for this period. Volume fell on the last day by -2 thousand shares and in total, 3 thousand shares were bought and sold for approximately ₩47.86 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 stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₩13,416.54 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 29.66% during the next 3 months and, with a 90% probability hold a price between ₩17,395.47 and ₩19,789.85 at the end of this 3-month period.

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373490.KS Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, May 28, 2024, and so far it has fallen -6.01%. 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). The Samsung KODEX Energy & chemicals 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 ₩13,542.86 and ₩13,287.43. A breakdown below any of these levels will issue sell signals. 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.

Support, Risk & Stop-loss for Samsung KODEX Energy & chemicals stock

On the downside, the stock finds support just below today's level from accumulated volume at ₩12,530.00 and ₩12,200.00. 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, Samsung KODEX Energy & chemicals finds support just below today's level at ₩12,530.00. If this is broken, then the next support from accumulated volume will be at ₩12,200.00 and ₩12,055.00.

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 ₩180.00 between high and low, or 1.33%. For the last week, the stock has had daily average volatility of 1.70%.

Our recommended stop-loss: ₩12,906.93 (-5.72%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 39 days ago.)

Trading Expectations (373490.KS) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf to open at ₩13,630.00, and during the day (based on 14 day Average True Range), to move between ₩13,389.98 and ₩13,990.02, which gives a possible trading interval of +/-₩300.02 (+/-2.19%) up or down from last closing price. If Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf takes out the full calculated possible swing range there will be an estimated 4.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₩13,795.00 (0.77%) than the support at ₩12,530.00 (8.47%), 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 Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active 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 Samsung KODEX Energy & chemicals stock to perform well in the short-term.

Current score: 3.670 Buy Candidate Unchanged

Predicted Opening Price for Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
₩13,630.00 ( 0.438%) ₩13,690.00

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

Trading levels for 373490.KS

Fibonacci Support & Resistance Levels

Level Price
R3 13,810.00 0.88%
R2 13,741.24 0.374%
R1 13,698.76 0.0640%
Price 13,690.00
S1 13,561.24 -0.94%
S2 13,518.76 -1.25%
S3 13,450.00 -1.75%

Accumulated Volume Support & Resistance Levels

Level Price
R3 14,440.00 5.48%
R2 14,080.00 2.85%
R1 13,795.00 0.767%
Price 13,690.00
S1 12,530.00 -8.47%
S2 12,200.00 -10.88%
S3 12,055.00 -11.94%

373490 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 29, 2024 Apr 29, 2024 May 03, 2024 ₩40.00 0.321%
2 Apr 27, 2023 Apr 27, 2023 Apr 27, 2023 ₩38.00 0.372%
3 Apr 28, 2022 Apr 28, 2022 Apr 28, 2022 ₩50.00 0.504%

FAQ

What is the symbol for Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock and on which exchange is it traded?
The symbol for Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf is 373490.KS and it is traded on the KSE (Korea Exchange).

Should I buy or sell Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock?
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 Samsung KODEX Energy & chemicals stock to perform well in the short-term.

How to buy Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock?
Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active 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 Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock.

What's the current price of Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock?
As of the end of day on the Jun 14, 2024, the price of an Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf (373490.KS) share was ₩13,690.00.

What is the 52-week high and low for Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock?
The 52-week high for Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock is ₩14,705.00 and the 52-week low is ₩9,560.00.

What is the market capitalization of Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf Stock?
As of the Jun 14, 2024, the market capitalization of Samsung KODEX Energy & chemicals Securities ETF - Kodex K-Innovation Active Etf is 6.87B.
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