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RSI low/high Values: [ 25 - 75 ]
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AI Analysis of 603200.SS
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Shanghai Emperor of Cleaning Hi-Tech stock price ended at $20.78 on Friday, after gaining 1.96%.
(Updated on Jun 28, 2024)

Sell candidate since Jun 20, 2024 Gain 0.73% PDF

The Shanghai Emperor of Cleaning Hi-Tech stock price gained 1.96% on the last trading day (Friday, 28th Jun 2024), rising from $20.38 to $20.78. During the last trading day the stock fluctuated 4.38% from a day low at $20.31 to a day high of $21.20. The price has risen in 6 of the last 10 days and is up by 0.05% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 102 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $56.42 million.

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 -11.93% during the next 3 months and, with a 90% probability hold a price between $15.20 and $20.84 at the end of this 3-month period.

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603200.SS Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has risen 4.74%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Shanghai Emperor of Cleaning Hi-Tech stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $21.51. On a fall, the stock will find some support from the short-term average at $20.46. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Tuesday, June 25, 2024 and based on theory for this formation the price should go up by 21.27% to $25.20 within 46 trading days since signal was issued (Wednesday, August 28, 2024).

Support, Risk & Stop-loss for Shanghai Emperor of Cleaning Hi-Tech stock

Shanghai Emperor of Cleaning Hi-Tech finds support from accumulated volume at $20.63 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 $0.89 between high and low, or 4.38%. For the last week, the stock has had daily average volatility of 4.15%.

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

Trading Expectations (603200.SS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Shanghai Emperor of Cleaning Hi-Tech Co., Ltd to open at $20.76, and during the day (based on 14 day Average True Range), to move between $19.91 and $21.65, which gives a possible trading interval of +/-$0.87 (+/-4.19%) up or down from last closing price. If Shanghai Emperor of Cleaning Hi-Tech Co., Ltd takes out the full calculated possible swing range there will be an estimated 8.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $20.63 (0.72%) than the resistance at $24.00 (15.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Shanghai Emperor of Cleaning Hi-Tech Co., Ltd stock A Buy?

Shanghai Emperor of Cleaning Hi-Tech holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.454 Sell Candidate Unchanged

Predicted Opening Price for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd of Monday, July 1, 2024

Fair opening price July 1, 2024 Current price
$20.76 ( 0.0802%) $20.78

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

Trading levels for 603200.SS

Fibonacci Support & Resistance Levels

Level Price
R3 21.65 4.20%
R2 21.31 2.57%
R1 21.10 1.56%
Price 20.78
S1 20.42 -1.72%
S2 20.21 -2.73%
S3 19.87 -4.36%

Accumulated Volume Support & Resistance Levels

Level Price
R3 25.19 21.22%
R2 24.90 19.83%
R1 24.00 15.50%
Price 20.78
S1 20.63 -0.722%
S2 20.02 -3.66%
S3 19.92 -4.14%

603200 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Apr 25, 2024 Apr 25, 2024 $0.0700 0.325%
2 Apr 27, 2023 Apr 27, 2023 Apr 27, 2023 $0.0747 0.385%
3 Jun 09, 2022 Jun 09, 2022 Jun 09, 2022 $0.100 0.686%
4 Jun 17, 2021 Jun 17, 2021 Jun 17, 2021 $0.0638 0.473%
5 May 22, 2019 May 22, 2019 May 22, 2019 $0.191 1.35%

FAQ

What is the symbol for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock and on which exchange is it traded?
The symbol for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd is 603200.SS and it is traded on the SHH (Shanghai Stock Exchange).

Should I buy or sell Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock?
Shanghai Emperor of Cleaning Hi-Tech holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock?
Shanghai Emperor of Cleaning Hi-Tech 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 Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock.

What's the current price of Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock?
As of the end of day on the Jun 28, 2024, the price of an Shanghai Emperor of Cleaning Hi-Tech Co., Ltd (603200.SS) share was $20.78.

What is the 52-week high and low for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock?
The 52-week high for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock is $27.39 and the 52-week low is $13.18.

What is the market capitalization of Shanghai Emperor of Cleaning Hi-Tech Co., Ltd Stock?
As of the Jun 28, 2024, the market capitalization of Shanghai Emperor of Cleaning Hi-Tech Co., Ltd is 3.645B.

When is the next earnings date for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd?
The upcoming earnings date for Shanghai Emperor of Cleaning Hi-Tech Co., Ltd is Apr 08, 2025.
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