14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 20 - 85 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 8452.HK
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Big movements in FY Financial (Shenzhen) Co., Ltd. stock price on Thursday moving 40.00% between high and low
(Updated on Jun 20, 2024)

Hold candidate since Jun 21, 2022 Gain 30.00% PDF

The FY Financial (Shenzhen) Co., Ltd. stock price fell by -21.21% on the last day (Thursday, 20th Jun 2024) from HK$0.660 to HK$0.520. During the last trading day the stock fluctuated 40.00% from a day low at HK$0.500 to a day high of HK$0.700. The price has risen in 7 of the last 10 days and is up by 36.84% over the past 2 weeks. Volume has increased on the last day by 456 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 514 thousand shares were bought and sold for approximately HK$267.28 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 63.10% during the next 3 months and, with a 90% probability hold a price between HK$0.521 and HK$1.08 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

8452.HK Signals & Forecast

The FY Financial (Shenzhen) Co., Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately HK$0.598. On a fall, the stock will find some support from the long-term average at approximately HK$0.349. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Wednesday, June 19, 2024, and so far it has fallen -21.21%. Further fall is indicated until a new bottom pivot has been found. FY Financial (Shenzhen) Co., Ltd. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for FY Financial (Shenzhen) Co., Ltd. stock

On the downside, the stock finds support just below today's level from accumulated volume at HK$0.450 and HK$0.420. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, FY Financial (Shenzhen) Co., Ltd. finds support just below today's level at HK$0.450. If this is broken, then the next support from accumulated volume will be at HK$0.420 and HK$0.395.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved HK$0.200 between high and low, or 40.00%. For the last week, the stock has had daily average volatility of 35.75%.

Our recommended stop-loss: HK$0.496 (-4.62%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 30 days ago.)

Trading Expectations (8452.HK) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect FY Financial (Shenzhen) Co., Ltd. to open at HK$0.573, and during the day (based on 14 day Average True Range), to move between HK$0.410 and HK$0.630, which gives a possible trading interval of +/-HK$0.110 (+/-21.15%) up or down from last closing price. If FY Financial (Shenzhen) Co., Ltd. takes out the full calculated possible swing range there will be an estimated 42.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at HK$0.450 (13.46%) than the resistance at HK$0.630 (21.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is FY Financial (Shenzhen) Co., Ltd. stock A Buy?

FY Financial (Shenzhen) Co., Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.384 Hold/Accumulate Unchanged

Predicted Opening Price for FY Financial (Shenzhen) Co., Ltd. of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
HK$0.573 ( 10.26%) HK$0.520

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

Trading levels for 8452.HK

Fibonacci Support & Resistance Levels

Level Price
R3 0.773 48.72%
R2 0.697 34.03%
R1 0.650 24.95%
Price 0.520
S1 0.497 -4.44%
S2 0.450 -13.51%
S3 0.373 -28.21%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0.640 23.08%
R1 0.630 21.15%
Price 0.520
S1 0.450 -13.46%
S2 0.420 -19.23%
S3 0.395 -24.04%

8452 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2022 May 31, 2022 May 31, 2022 HK$0.0153 4.37%
2 May 25, 2021 May 25, 2021 Jul 13, 2021 HK$0.0036 0.571%
3 Mar 27, 2020 May 26, 2020 Jul 14, 2020 HK$0.0546 8.53%
4 Feb 28, 2019 May 02, 2019 Jun 21, 2019 HK$0.0582 8.95%
5 Mar 22, 2018 May 17, 2018 Jun 29, 2018 HK$0.0247 1.98%

FAQ

What is the symbol for FY Financial (Shenzhen) Co., Ltd. Stock and on which exchange is it traded?
The symbol for FY Financial (Shenzhen) Co., Ltd. is 8452.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell FY Financial (Shenzhen) Co., Ltd. Stock?
FY Financial (Shenzhen) Co., Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy FY Financial (Shenzhen) Co., Ltd. Stock?
FY Financial (Shenzhen) 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 FY Financial (Shenzhen) Co., Ltd. Stock.

What's the current price of FY Financial (Shenzhen) Co., Ltd. Stock?
As of the end of day on the Jun 20, 2024, the price of an FY Financial (Shenzhen) Co., Ltd. (8452.HK) share was HK$0.520.

What is the 52-week high and low for FY Financial (Shenzhen) Co., Ltd. Stock?
The 52-week high for FY Financial (Shenzhen) Co., Ltd. Stock is HK$0.96 and the 52-week low is HK$0.199.

What is the market capitalization of FY Financial (Shenzhen) Co., Ltd. Stock?
As of the Jun 20, 2024, the market capitalization of FY Financial (Shenzhen) Co., Ltd. is 167.279M.

When is the next earnings date for FY Financial (Shenzhen) Co., Ltd.?
The upcoming earnings date for FY Financial (Shenzhen) Co., Ltd. is May 16, 2025.
Click to get the best stock tips daily for free!

About FY Financial (Shenzhen) Co., Ltd.

FY Financial (Shenzhen) Co., Ltd. operates as a financial services company in the People's Republic of China. It operates through two segments, Financial and Advisory Business, and Trading Operation Business. The Financial and Advisory Business segment offers direct finance leasing and sale-leaseback services; factoring services, such as financing and accounts receivable management services, as well as consulting services; and customer referral. ... 8452.HK Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT