Asia Precision Public Company Limited Stock Forecast
Asia Precision Public Company Limited stock price ended at ฿3.10 on Friday, after gaining 0.649%.
(Updated on May 31, 2024)
The Asia Precision Public Company Limited stock price gained 0.649% on the last trading day (Friday, 31st May 2024), rising from ฿3.08 to ฿3.10. During the last trading day the stock fluctuated 1.97% from a day low at ฿3.04 to a day high of ฿3.10. The price has risen in 6 of the last 10 days but is still down by -3.13% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 49 thousand shares were bought and sold for approximately ฿151.90 thousand.
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 -6.56% during the next 3 months and, with a 90% probability hold a price between ฿2.78 and ฿3.19 at the end of this 3-month period.
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APCS.BK Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.31%. Further rise is indicated until a new top pivot has been found. Asia Precision Public Company Limited has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Asia Precision Public Company Limited 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 ฿3.15 and ฿3.30. 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 Asia Precision Public Company Limited stock
Asia Precision Public Company Limited finds support from accumulated volume at ฿3.08 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 ฿0.0600 between high and low, or 1.97%. For the last week, the stock has had daily average volatility of 2.46%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (APCS.BK) For The Upcoming Trading Day Of Tuesday 4th
For the upcoming trading day on Tuesday, 4th we expect Asia Precision Public Company Limited to open at ฿3.08, and during the day (based on 14 day Average True Range), to move between ฿3.00 and ฿3.20, which gives a possible trading interval of +/-฿0.104 (+/-3.34%) up or down from last closing price. If Asia Precision Public Company Limited takes out the full calculated possible swing range there will be an estimated 6.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ฿3.08 (0.65%) than the resistance at ฿3.16 (1.94%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Asia Precision Public Company Limited stock A Buy?
Asia Precision Public Company Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.438 Sell Candidate Unchanged
Predicted Opening Price for Asia Precision Public Company Limited of Tuesday, June 4, 2024
| Fair opening price June 4, 2024 | Current price |
|---|---|
| ฿3.08 ( 0.645%) | ฿3.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for APCS.BK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.14 | 1.29 % | |
| R2 | 3.12 | 0.551 % | ||
| R1 | 3.10 | 0.0942 % | ||
| Current price: | 3.10 | |||
| Support | S1 | 3.06 | -1.38 % | |
| S2 | 3.04 | -1.84 % | ||
| S3 | 3.02 | -2.58 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3.30 | 6.45 % | |
| R2 | 3.24 | 4.52 % | ||
| R1 | 3.16 | 1.94 % | ||
| Current price | 3.10 | |||
| Support | S1 | 3.08 | -0.645% | |
| S2 | 3.06 | -1.29% | ||
| S3 | 0 | . |
APCS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 10, 2022 | May 10, 2022 | May 10, 2022 | ฿0.0600 | 0% |
| 2 | Apr 20, 2022 | Apr 20, 2022 | Apr 20, 2022 | ฿0.0600 | 0% |
| 3 | May 07, 2021 | May 07, 2021 | May 07, 2021 | ฿0.0600 | 0% |
| 4 | May 08, 2020 | May 08, 2020 | May 08, 2020 | ฿0.0600 | 0% |
| 5 | Nov 25, 2019 | Nov 25, 2019 | Nov 25, 2019 | ฿0.100 | 0% |
FAQ
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