RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 6186.HK
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China Feihe Ltd stock price ended at HK$3.68 on Thursday, after gaining 3.08%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 13, 2024 Loss -1.87% PDF

The China Feihe Ltd stock price gained 3.08% on the last trading day (Thursday, 28th Mar 2024), rising from HK$3.57 to HK$3.68. During the last trading day the stock fluctuated 5.93% from a day low at HK$3.54 to a day high of HK$3.75. The price has fallen in 7 of the last 10 days and is down by -1.6% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 million more shares were traded than the day before. In total, 26 million shares were bought and sold for approximately HK$95.41 million.

The stock lies in the middle of a 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 -7.42% during the next 3 months and, with a 90% probability hold a price between HK$3.12 and HK$3.61 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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6186.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 6.67%. Further rise is indicated until a new top pivot has been found. 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 China Feihe Ltd 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 HK$3.74. On a fall, the stock will find some support from the short-term average at HK$3.56. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for China Feihe Ltd stock

China Feihe Ltd finds support from accumulated volume at HK$3.60 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 HK$0.210 between high and low, or 5.93%. For the last week, the stock has had daily average volatility of 3.83%.

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

Trading Expectations (6186.HK) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect China Feihe Ltd to open at HK$3.66, and during the day (based on 14 day Average True Range), to move between HK$3.55 and HK$3.81, which gives a possible trading interval of +/-HK$0.135 (+/-3.66%) up or down from last closing price. If China Feihe Ltd takes out the full calculated possible swing range there will be an estimated 7.32% 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$3.75 (1.90%) than the support at HK$3.60 (2.17%), 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 China Feihe Ltd stock A Buy?

China Feihe Ltd 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: -1.271 Sell Candidate Unchanged

Predicted Opening Price for China Feihe Ltd of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
HK$3.66 ( 0.634%) HK$3.68

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

Trading levels for 6186.HK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.87 5.07 %
R2 3.79 2.89 %
R1 3.74 1.55 %
Current price: 3.68
Support S1 3.58 -2.81 %
S2 3.53 -4.16 %
S3 3.45 -6.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.88 5.43 %
R2 3.76 2.17 %
R1 3.75 1.90 %
Current price 3.68
Support S1 3.60 -2.17%
S2 3.59 -2.45%
S3 3.57 -2.99%

6186 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 11, 2023 Sep 11, 2023 Sep 11, 2023 HK$0.135 2.97%
2 Sep 07, 2023 Sep 07, 2023 Sep 07, 2023 HK$0.135 2.86%
3 Jun 12, 2023 Jun 12, 2023 Jun 12, 2023 HK$0.172 3.90%
4 Oct 14, 2022 Oct 14, 2022 Oct 14, 2022 HK$0.113 2.25%
5 Oct 06, 2022 Oct 06, 2022 Oct 06, 2022 HK$0.173 3.22%

FAQ

What is the symbol for China Feihe Ltd Stock and on which exchange is it traded?
The symbol for China Feihe Ltd is 6186.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell China Feihe Ltd Stock?
China Feihe Ltd 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 China Feihe Ltd Stock?
China Feihe 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 China Feihe Ltd Stock.

What's the current price of China Feihe Ltd Stock?
As of the end of day on the 2024-03-28, the price of an China Feihe Ltd (6186.HK) share was HK$3.68.

What is the 52-week high and low for China Feihe Ltd Stock?
The 52-week high for China Feihe Ltd Stock is HK$6.10 and the 52-week low is HK$3.42.

What is the market capitalization of China Feihe Ltd Stock?
As of the 2024-03-28, the market capitalization of China Feihe Ltd is 33.367B.
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About China Feihe Ltd

China Feihe Limited, an investment holding company, produces and sells infant milk formula products in Mainland China and the United States. The company offers a range of raw milk, adult milk powders, liquid milk products and health care products, as well as soybean powder and goat milk powder. It is also involved in the retail of vitamins, minerals, herbs, and other nutritional supplements. The company sells its products through distributors; an... 6186.HK Profile

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