Advanced Info Service Public Co Ltd Stock Forecast
Advanced Info Service Public Co Ltd stock price down 0% on Thursday
(Updated on May 09, 2024)
No changes to the price of Advanced Info Service Public Co Ltd stock on the last trading day (Thursday, 9th May 2024). During the last trading day the stock fluctuated 1.46% from a day low at ฿206.00 to a day high of ฿209.00. The price has risen in 5 of the last 10 days and is up by 3.78% over the past 2 weeks.
The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at ฿208.63 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.82% during the next 3 months and, with a 90% probability hold a price between ฿184.36 and ฿198.57 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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ADVANC-R.BK Signals & Forecast
The Advanced Info Service Public Co Ltd 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 ฿204.21 and ฿203.46. 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 Tuesday, May 07, 2024, and so far it has fallen -1.44%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Advanced Info Service Public Co Ltd stock
Advanced Info Service Public Co Ltd finds support from accumulated volume at ฿205.00 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 ฿3.00 (1.46%) between high and low. For the last week, the stock has had daily average volatility of 1.55%.
Our recommended stop-loss: ฿197.15 (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (ADVANC-R.BK) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Advanced Info Service Public Company Limited to open at ฿207.00, and during the day (based on 14 day Average True Range), to move between ฿202.33 and ฿209.67, which gives a possible trading interval of +/-฿3.67 (+/-1.78%) up or down from last closing price. If Advanced Info Service Public Company Limited takes out the full calculated possible swing range there will be an estimated 3.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ฿207.00 (0.49%) than the support at ฿205.00 (0.49%), 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 Advanced Info Service Public Company Limited stock A Buy?
Advanced Info Service Public 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: -0.963 Hold/Accumulate Unchanged
Predicted Opening Price for Advanced Info Service Public Company Limited of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| ฿207.00 ( 0.485%) | ฿206.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ADVANC-R.BK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 210.00 | 1.94 % | |
| R2 | 208.85 | 1.39 % | ||
| R1 | 208.15 | 1.04 % | ||
| Current price: | 206.00 | |||
| Support | S1 | 205.85 | -0.0709 % | |
| S2 | 205.15 | -0.415 % | ||
| S3 | 204.00 | -0.97 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 209.00 | 1.46 % | |
| R2 | 208.00 | 0.97 % | ||
| R1 | 207.00 | 0.485 % | ||
| Current price | 206.00 | |||
| Support | S1 | 205.00 | -0.485% | |
| S2 | 204.00 | -0.97% | ||
| S3 | 197.00 | -4.37% |
ADVANC-R Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 19, 2024 | Feb 19, 2024 | Feb 19, 2024 | ฿0 | 0% |
| 2 | Aug 18, 2023 | Aug 18, 2023 | Aug 18, 2023 | ฿4.00 | 1.80% |
| 3 | Feb 22, 2023 | Feb 22, 2023 | Feb 22, 2023 | ฿4.24 | 2.02% |
| 4 | Aug 19, 2022 | Aug 19, 2022 | Aug 19, 2022 | ฿3.45 | 1.70% |
| 5 | Feb 18, 2022 | Feb 18, 2022 | Feb 18, 2022 | ฿4.24 | 1.91% |
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