Aqua Corporation Public Company Limited Stock Forecast
Aqua Corporation Public Company Limited stock price ended at ฿0.340 on Friday, after losing 0%.
(Updated on Jun 28, 2024)
No changes to the price of Aqua Corporation Public Company Limited stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 3.03% from a day low at ฿0.330 to a day high of ฿0.340. The price has been going up and down for this period, and there has been a -2.86% loss for the last 2 weeks.
The stock has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at ฿0.342. A reaction back to this level may hold a second chance to get out before further falls.
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AQUA.BK Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aqua Corporation 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 ฿0.340 and ฿0.345. 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 Aqua Corporation Public Company Limited stock
Aqua Corporation Public Company Limited finds support from accumulated volume at ฿0.330 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ฿0.0100 between high and low, or 3.03%. For the last week the stock has had daily average volatility of 3.62%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AQUA.BK) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Aqua Corporation Public Company Limited to open at ฿0.337, and during the day (based on 14 day Average True Range), to move between ฿0.326 and ฿0.354, which gives a possible trading interval of +/-฿0.0137 (+/-4.02%) up or down from last closing price. If Aqua Corporation Public Company Limited takes out the full calculated possible swing range there will be an estimated 8.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ฿0.350 (2.94%) than the support at ฿0.330 (2.94%), 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 Aqua Corporation Public Company Limited stock A Buy?
The Aqua Corporation Public Company Limited stock holds several negative signals and despite the positive trend, we believe Aqua Corporation Public Company Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.219 Sell Candidate Unchanged
Predicted Opening Price for Aqua Corporation Public Company Limited of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
฿0.337 ( 0.98%) | ฿0.340 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AQUA.BK
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.347 | 1.96% |
R2 | 0.343 | 0.84% |
R1 | 0.340 | 0.143% |
Price | 0.340 | |
S1 | 0.333 | -2.10% |
S2 | 0.330 | -2.80% |
S3 | 0.327 | -3.92% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0.360 | 5.88% |
R1 | 0.350 | 2.94% |
Price | 0.340 | |
S1 | 0.330 | -2.94% |
S2 | 0 | - |
S3 | 0 | - |
AQUA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 06, 2021 | May 06, 2021 | May 06, 2021 | ฿0.0099 | 0% |
2 | Apr 21, 2020 | Apr 21, 2020 | Apr 21, 2020 | ฿0.0297 | 0% |
3 | Apr 29, 2019 | Apr 29, 2019 | Apr 29, 2019 | ฿0.0198 | 0% |
4 | Apr 26, 2018 | Apr 26, 2018 | Apr 26, 2018 | ฿0.0099 | 0% |
5 | Apr 28, 2017 | Apr 28, 2017 | Apr 28, 2017 | ฿0.0099 | 0% |
FAQ
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