Vision International Holdings Limited Stock Forecast
Red day on Thursday for Vision International Holdings Limited
(Updated on Jun 27, 2024)
No changes to the price of Vision International Holdings Limited stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at HK$7.50 to a day high of HK$7.50. The price has fallen in 5 of the last 10 days but is still up by 3.45% over the past 2 weeks.
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 -3.45% during the next 3 months and, with a 90% probability hold a price between HK$6.77 and HK$7.49 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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8107.HK Signals & Forecast
The Vision International Holdings Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at HK$7.46 and HK$7.43. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Monday, June 24, 2024, and so far it has fallen -0.662%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Vision International Holdings Limited stock
Vision International Holdings Limited finds support from accumulated volume at HK$7.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved HK$0 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.01%
Our recommended stop-loss: HK$7.20 (-3.96%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)
Trading Expectations (8107.HK) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Vision International Holdings Limited to open at HK$7.50, and during the day (based on 14 day Average True Range), to move between HK$7.36 and HK$7.64, which gives a possible trading interval of +/-HK$0.142 (+/-1.89%) up or down from last closing price. If Vision International Holdings Limited takes out the full calculated possible swing range there will be an estimated 3.77% 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$7.54 (0.53%) than the support at HK$7.46 (0.53%), 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 Vision International Holdings Limited stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.357 Buy Candidate Unchanged
Predicted Opening Price for Vision International Holdings Limited of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| HK$7.50 ( 0%) | HK$7.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8107.HK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.50 | - |
| R2 | 7.50 | - |
| R1 | 7.50 | - |
| Price | 7.50 | |
| S1 | 7.50 | - |
| S2 | 7.50 | - |
| S3 | 7.50 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.90 | 5.33% |
| R2 | 7.55 | 0.667% |
| R1 | 7.54 | 0.533% |
| Price | 7.50 | |
| S1 | 7.46 | -0.533% |
| S2 | 7.45 | -0.667% |
| S3 | 7.40 | -1.33% |
8107 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 23, 2020 | May 25, 2020 | Jun 08, 2020 | HK$0.0750 | 14.15% |
| 2 | Aug 14, 2019 | Aug 29, 2019 | Sep 16, 2019 | HK$0.100 | 14.08% |
| 3 | May 07, 2019 | May 07, 2019 | May 07, 2019 | HK$0.130 | 13.68% |
| 4 | Nov 14, 2018 | Nov 27, 2018 | Dec 18, 2018 | HK$0.100 | 11.63% |
FAQ
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