14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ASIANHOTNR.BO
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Tuesday for Asian Hotels
(Updated on Jun 25, 2024)

Sell candidate since Jun 20, 2024 Loss -2.31% PDF

The Asian Hotels stock price gained 0.218% on the last trading day (Tuesday, 25th Jun 2024), rising from ₹137.40 to ₹137.70. During the last trading day the stock fluctuated 0.109% from a day low at ₹137.55 to a day high of ₹137.70. The price has fallen in 6 of the last 10 days and is down by -6.49% for this period. Volume fell on the last day by -71 shares and in total, 80 shares were bought and sold for approximately ₹11.02 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very 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 -2.12% during the next 3 months and, with a 90% probability hold a price between ₹116.21 and ₹148.27 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.

ASIANHOTNR.BO Signals & Forecast

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. The Asian Hotels 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 ₹139.44 and ₹140.27. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -10.73%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Asian Hotels stock

Asian Hotels finds support from accumulated volume at ₹137.15 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹0.150 between high and low, or 0.109%. For the last week the stock has had daily average volatility of 2.33%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ASIANHOTNR.BO) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Asian Hotels to open at ₹137.65, and during the day (based on 14 day Average True Range), to move between ₹132.91 and ₹142.49, which gives a possible trading interval of +/-₹4.79 (+/-3.48%) up or down from last closing price. If Asian Hotels takes out the full calculated possible swing range there will be an estimated 6.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹137.15 (0.40%) than the resistance at ₹145.10 (5.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Asian Hotels stock A Buy?

Asian Hotels holds several negative signals and is within a very 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: -3.215 Sell Candidate Unchanged

Predicted Opening Price for Asian Hotels of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
₹137.65 ( 0.0363%) ₹137.70

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

Trading levels for ASIANHOTNR.BO

Fibonacci Support & Resistance Levels

Level Price
R3 137.80 0.0726%
R2 137.74 0.0310%
R1 137.71 0.0053%
Price 137.70
S1 137.59 -0.0779%
S2 137.56 -0.104%
S3 137.50 -0.145%

Accumulated Volume Support & Resistance Levels

Level Price
R3 154.25 12.02%
R2 151.25 9.84%
R1 145.10 5.37%
Price 137.70
S1 137.15 -0.399%
S2 134.50 -2.32%
S3 128.10 -6.97%

ASIANHOTNR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 25, 2014 Sep 25, 2014 Sep 25, 2014 ₹1.00 0.724%
2 Sep 19, 2013 Sep 19, 2013 Sep 19, 2013 ₹1.00 1.05%
3 Sep 20, 2012 Sep 20, 2012 Sep 20, 2012 ₹1.50 0.86%
4 Sep 15, 2011 Sep 15, 2011 Sep 15, 2011 ₹2.50 1.34%
5 Sep 22, 2010 Sep 22, 2010 Sep 22, 2010 ₹5.00 1.67%

FAQ

What is the symbol for Asian Hotels Stock and on which exchange is it traded?
The symbol for Asian Hotels is ASIANHOTNR.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Asian Hotels Stock?
Asian Hotels holds several negative signals and is within a very 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.

How to buy Asian Hotels Stock?
Asian Hotels Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Asian Hotels Stock.

What's the current price of Asian Hotels Stock?
As of the end of day on the Jun 25, 2024, the price of an Asian Hotels (ASIANHOTNR.BO) share was ₹137.70.

What is the 52-week high and low for Asian Hotels Stock?
The 52-week high for Asian Hotels Stock is ₹241.20 and the 52-week low is ₹108.25.

What is the market capitalization of Asian Hotels Stock?
As of the Jun 25, 2024, the market capitalization of Asian Hotels is 2.676B.

When is the next earnings date for Asian Hotels ?
The upcoming earnings date for Asian Hotels is Aug 08, 2024.
Click to get the best stock tips daily for free!