RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 601933.SS
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Red day on Thursday for Yonghui Superstores Co., Ltd.
(Updated on Jul 04, 2024)

Sell candidate since Jun 27, 2024 Loss -7.26% PDF

The Yonghui Superstores Co., Ltd. stock price fell by -3.36% on the last day (Thursday, 4th Jul 2024) from $2.38 to $2.30. During the last trading day the stock fluctuated 3.04% from a day low at $2.30 to a day high of $2.37. The price has fallen in 7 of the last 10 days and is down by -16.67% for this period. 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 -17 million shares and in total, 117 million shares were bought and sold for approximately $269.16 million.

Given the current short-term trend, the stock is expected to rise 18.29% during the next 3 months and, with a 90% probability hold a price between $2.72 and $3.52 at the end of this 3-month period.

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601933.SS Signals & Forecast

There are few to no technical positive signals at the moment. The Yonghui Superstores Co., Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $2.43 and $2.56. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 19, 2024, and so far it has fallen -20.42%. 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 Yonghui Superstores Co., Ltd. stock

Yonghui Superstores Co., Ltd. finds support from accumulated volume at $2.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.0700 between high and low, or 3.04%. For the last week, the stock has had daily average volatility of 4.68%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (601933.SS) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Yonghui Superstores Co., Ltd. to open at $2.32, and during the day (based on 14 day Average True Range), to move between $2.16 and $2.44, which gives a possible trading interval of +/-$0.138 (+/-6.01%) up or down from last closing price. If Yonghui Superstores Co., Ltd. takes out the full calculated possible swing range there will be an estimated 12.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.25 (2.17%) than the resistance at $2.63 (14.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Yonghui Superstores Co., Ltd. stock A Buy?

The Yonghui Superstores Co., Ltd. stock holds several negative signals and despite the positive trend, we believe Yonghui Superstores Co., Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.401 Sell Candidate Unchanged

Predicted Opening Price for Yonghui Superstores Co., Ltd. of Friday, July 5, 2024

Fair opening price July 5, 2024 Current price
$2.32 ( 1.01%) $2.30

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

Trading levels for 601933.SS

Fibonacci Support & Resistance Levels

Level Price
R3 2.39 4.06%
R2 2.37 2.90%
R1 2.35 2.18%
Price 2.30
S1 2.30 -0.148%
S2 2.28 -0.87%
S3 2.25 -2.03%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.72 18.26%
R2 2.68 16.52%
R1 2.63 14.35%
Price 2.30
S1 2.25 -2.17%
S2 2.19 -4.78%
S3 2.17 -5.65%

601933 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 17, 2022 Jun 17, 2022 Jun 17, 2022 $0.0200 0.484%
2 Jul 21, 2021 Jul 21, 2021 Jul 21, 2021 $0.0204 0.471%
3 Jun 18, 2020 Jun 18, 2020 Jun 18, 2020 $0.130 1.40%
4 Jun 24, 2019 Jun 24, 2019 Jun 24, 2019 $0.110 1.05%
5 May 31, 2018 May 31, 2018 May 31, 2018 $0.150 1.56%

FAQ

What is the symbol for Yonghui Superstores Co., Ltd. Stock and on which exchange is it traded?
The symbol for Yonghui Superstores Co., Ltd. is 601933.SS and it is traded on the SHH (Shanghai Stock Exchange).

Should I buy or sell Yonghui Superstores Co., Ltd. Stock?
The Yonghui Superstores Co., Ltd. stock holds several negative signals and despite the positive trend, we believe Yonghui Superstores Co., Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Yonghui Superstores Co., Ltd. Stock?
Yonghui Superstores Co., Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Yonghui Superstores Co., Ltd. Stock.

What's the current price of Yonghui Superstores Co., Ltd. Stock?
As of the end of day on the Jul 04, 2024, the price of an Yonghui Superstores Co., Ltd. (601933.SS) share was $2.30.

What is the 52-week high and low for Yonghui Superstores Co., Ltd. Stock?
The 52-week high for Yonghui Superstores Co., Ltd. Stock is $3.99 and the 52-week low is $2.08.

What is the market capitalization of Yonghui Superstores Co., Ltd. Stock?
As of the Jul 04, 2024, the market capitalization of Yonghui Superstores Co., Ltd. is 21.242B.

When is the next earnings date for Yonghui Superstores Co., Ltd.?
The upcoming earnings date for Yonghui Superstores Co., Ltd. is Aug 24, 2024.
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