The United Laboratories International Stock Forecast
The United Laboratories International stock price ended at HK$9.57 on Thursday, after losing 0.209%.
(Updated on Apr 18, 2024)
The The United Laboratories International stock price fell by -0.209% on the last day (Thursday, 18th Apr 2024) from HK$9.59 to HK$9.57. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.11% from a day low at HK$9.49 to a day high of HK$9.69. The price has fallen in 7 of the last 10 days but is still up by 0.42% 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 -362 thousand shares and in total, 2 million shares were bought and sold for approximately HK$14.39 million.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at HK$9.54 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 50.21% during the next 3 months and, with a 90% probability hold a price between HK$14.33 and HK$15.32 at the end of this 3-month period.
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3933.HK Signals & Forecast
The The United Laboratories International 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 HK$9.67. On a fall, the stock will find some support from the long-term average at approximately HK$9.14. 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. 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, April 11, 2024, and so far it has fallen -3.43%. 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 The United Laboratories International stock
The United Laboratories International finds support from accumulated volume at HK$9.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved HK$0.200 (2.11%) between high and low. For the last week, the stock has had daily average volatility of 3.58%.
Our recommended stop-loss: HK$9.08 (-5.07%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (3933.HK) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect The United Laboratories International Holdings Limited to open at HK$9.58, and during the day (based on 14 day Average True Range), to move between HK$9.17 and HK$9.97, which gives a possible trading interval of +/-HK$0.402 (+/-4.20%) up or down from last closing price. If The United Laboratories International Holdings Limited takes out the full calculated possible swing range there will be an estimated 8.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at HK$9.62 (0.52%) than the support at HK$9.28 (3.03%), 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 The United Laboratories International Holdings Limited 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 The United Laboratories International stock to perform well in the short-term.
Current score: 2.194 Buy Candidate Unchanged
Predicted Opening Price for The United Laboratories International Holdings Limited of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| HK$9.58 ( 0.139%) | HK$9.57 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3933.HK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.78 | 2.23 % | |
| R2 | 9.71 | 1.43 % | ||
| R1 | 9.66 | 0.94 % | ||
| Current price: | 9.57 | |||
| Support | S1 | 9.51 | -0.659 % | |
| S2 | 9.46 | -1.15 % | ||
| S3 | 9.38 | -1.95 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.91 | 3.55 % | |
| R2 | 9.71 | 1.46 % | ||
| R1 | 9.62 | 0.522 % | ||
| Current price | 9.57 | |||
| Support | S1 | 9.28 | -3.03% | |
| S2 | 8.96 | -6.37% | ||
| S3 | 8.00 | -16.41% |
3933 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 17, 2024 | Jun 17, 2024 | Jul 01, 2024 | HK$0.433 | 4.51% |
| 2 | Sep 14, 2023 | Sep 14, 2023 | Sep 14, 2023 | HK$0.131 | 1.74% |
| 3 | Jul 04, 2023 | Jul 04, 2023 | Jul 04, 2023 | HK$0.0657 | 1.01% |
| 4 | Sep 15, 2022 | Sep 15, 2022 | Sep 15, 2022 | HK$0.0567 | 1.55% |
| 5 | Jul 05, 2022 | Jul 05, 2022 | Jul 05, 2022 | HK$0.0234 | 0.519% |
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