Keppel Infrastructure Trust Stock Forecast
Stronger technical forecast for Keppel Infrastructure Trust stock price after Friday trading.
(Updated on May 10, 2024)
The Keppel Infrastructure Trust stock price gained 1.10% on the last trading day (Friday, 10th May 2024), rising from S$0.455 to S$0.460. During the last trading day the stock fluctuated 2.20% from a day low at S$0.455 to a day high of S$0.465. The price has fallen in 5 of the last 10 days and is down by -5.15% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately S$2.90 million.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at S$0.454 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.08% during the next 3 months and, with a 90% probability hold a price between S$0.426 and S$0.455 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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A7RU.SI Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has risen 1.10%. 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 Keppel Infrastructure Trust 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 S$0.462 and S$0.482. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Keppel Infrastructure Trust stock
Keppel Infrastructure Trust finds support from accumulated volume at S$0.455 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved S$0.0100 (2.20%) between high and low. For the last week, the stock has had daily average volatility of 1.98%.
Our recommended stop-loss: S$0.433 (-5.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (A7RU.SI) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Keppel Infrastructure Trust to open at S$0.460, and during the day (based on 14 day Average True Range), to move between S$0.451 and S$0.469, which gives a possible trading interval of +/-S$0.0094 (+/-2.04%) up or down from last closing price. If Keppel Infrastructure Trust takes out the full calculated possible swing range there will be an estimated 4.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at S$0.455 (1.09%) than the resistance at S$0.485 (5.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Keppel Infrastructure Trust stock A Buy?
Keppel Infrastructure Trust holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.709 Hold/Accumulate Upgraded
Predicted Opening Price for Keppel Infrastructure Trust of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| S$0.460 ( 0%) | S$0.460 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for A7RU.SI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.470 | 2.17 % | |
| R2 | 0.466 | 1.34 % | ||
| R1 | 0.464 | 0.83 % | ||
| Current price: | 0.460 | |||
| Support | S1 | 0.456 | -0.83 % | |
| S2 | 0.454 | -1.34 % | ||
| S3 | 0.450 | -2.17 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.495 | 7.61 % | |
| R2 | 0.490 | 6.52 % | ||
| R1 | 0.485 | 5.43 % | ||
| Current price | 0.460 | |||
| Support | S1 | 0.455 | -1.09% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
A7RU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 06, 2024 | Feb 06, 2024 | Feb 15, 2024 | S$0.0096 | 1.92% |
| 2 | Nov 09, 2023 | Nov 09, 2023 | Nov 09, 2023 | S$0.0233 | 5.07% |
| 3 | Aug 02, 2023 | Aug 02, 2023 | Aug 02, 2023 | S$0.0069 | 1.39% |
| 4 | Apr 25, 2023 | Apr 25, 2023 | Apr 25, 2023 | S$0.0124 | 2.51% |
| 5 | Feb 06, 2023 | Feb 06, 2023 | Feb 06, 2023 | S$0.0190 | 3.50% |
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