The United Laboratories International Stock Forecast
The United Laboratories International stock price ended at HK$9.23 on Tuesday, after gaining 0.217%.
(Updated on Apr 30, 2024)
The The United Laboratories International stock price gained 0.217% on the last trading day (Tuesday, 30th Apr 2024), rising from HK$9.21 to HK$9.23. During the last trading day the stock fluctuated 2.74% from a day low at HK$9.12 to a day high of HK$9.37. The price has been going up and down for this period, and there has been a -4.45% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 3 million shares were bought and sold for approximately HK$26.31 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.
Given the current short-term trend, the stock is expected to rise 36.70% during the next 3 months and, with a 90% probability hold a price between HK$12.62 and HK$14.40 at the end of this 3-month period.
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3933.HK Signals & Forecast
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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The The United Laboratories International stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at HK$9.40 and HK$9.35. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 11, 2024, and so far it has fallen -6.86%. 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).
Support, Risk & Stop-loss for The United Laboratories International stock
The United Laboratories International finds support from accumulated volume at HK$8.96 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$0.250 (2.74%) between high and low. For the last week, the stock has had daily average volatility of 4.02%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3933.HK) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect The United Laboratories International Holdings Limited to open at HK$9.24, and during the day (based on 14 day Average True Range), to move between HK$8.84 and HK$9.62, which gives a possible trading interval of +/-HK$0.391 (+/-4.24%) 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 8.48% 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$9.28 (0.54%) than the support at HK$8.96 (2.93%), 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?
The The United Laboratories International stock holds several negative signals and despite the positive trend, we believe The United Laboratories International will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.097 Sell Candidate Unchanged
Predicted Opening Price for The United Laboratories International Holdings Limited of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| HK$9.24 ( 0.108%) | HK$9.23 |
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 | 9.49 | 2.82 % | |
| R2 | 9.39 | 1.78 % | ||
| R1 | 9.34 | 1.14 % | ||
| Current price: | 9.23 | |||
| Support | S1 | 9.14 | -0.93 % | |
| S2 | 9.09 | -1.57 % | ||
| S3 | 8.99 | -2.60 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9.71 | 5.20 % | |
| R2 | 9.57 | 3.68 % | ||
| R1 | 9.28 | 0.542 % | ||
| Current price | 9.23 | |||
| Support | S1 | 8.96 | -2.93% | |
| S2 | 8.00 | -13.33% | ||
| S3 | 7.42 | -19.61% |
3933 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 17, 2024 | Jun 17, 2024 | Jul 01, 2024 | HK$0.433 | 4.68% |
| 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% |
FAQ
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