Kiddieland International Limited Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Kiddieland International Limited stock price took a fall of -14.29% on Friday
(Updated on May 17, 2024)
The Kiddieland International Limited stock price fell by -14.29% on the last day (Friday, 17th May 2024) from HK$0.0420 to HK$0.0360. During the last trading day the stock fluctuated 2.86% from a day low at HK$0.0350 to a day high of HK$0.0360. The price has been going up and down for this period, and there has been a 16.13% gain for the last 2 weeks. Volume has increased on the last day by 35 thousand 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, 100 thousand shares were bought and sold for approximately HK$3.60 thousand.
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 -15.97% during the next 3 months and, with a 90% probability hold a price between HK$0.0214 and HK$0.0352 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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3830.HK Signals & Forecast
The Kiddieland International Limited 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 HK$0.0357 and HK$0.0335. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, May 16, 2024, and so far it has fallen -14.29%. Further fall is indicated until a new bottom pivot has been found. Kiddieland International Limited gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Kiddieland International Limited stock
Kiddieland International Limited finds support from accumulated volume at HK$0.0350 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved HK$0.0010 between high and low, or 2.86%. For the last week, the stock has had daily average volatility of 8.36%.
Our recommended stop-loss: HK$0.0343 (-4.84%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (3830.HK) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Kiddieland International Limited to open at HK$0.0357, and during the day (based on 14 day Average True Range), to move between HK$0.0329 and HK$0.0391, which gives a possible trading interval of +/-HK$0.0031 (+/-8.56%) up or down from last closing price. If Kiddieland International Limited takes out the full calculated possible swing range there will be an estimated 17.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at HK$0.0350 (2.78%) than the resistance at HK$0.0370 (2.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kiddieland International Limited stock A Buy?
Kiddieland International Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.317 Hold/Accumulate Unchanged
Predicted Opening Price for Kiddieland International Limited of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| HK$0.0357 ( 0.93%) | HK$0.0360 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3830.HK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0367 | 1.85 % | |
| R2 | 0.0363 | 0.791 % | ||
| R1 | 0.0360 | 0.135 % | ||
| Current price: | 0.0360 | |||
| Support | S1 | 0.0353 | -1.99 % | |
| S2 | 0.0350 | -2.64 % | ||
| S3 | 0.0347 | -3.70 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.0420 | 16.67 % | |
| R2 | 0.0380 | 5.56 % | ||
| R1 | 0.0370 | 2.78 % | ||
| Current price | 0.0360 | |||
| Support | S1 | 0.0350 | -2.78% | |
| S2 | 0.0340 | -5.56% | ||
| S3 | 0.0310 | -13.89% |
3830 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 05, 2019 | Jan 20, 2020 | Feb 07, 2020 | HK$0.150 | 123.97% |
FAQ
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