Asian Marine Services Public Co Ltd Stock Forecast
Asian Marine Services Public Co Ltd stock price ended at ฿1.61 on Tuesday, after losing 0%.
(Updated on Apr 23, 2024)
No changes to the price of Asian Marine Services Public Co Ltd stock on the last trading day (Tuesday, 23rd Apr 2024). During the last trading day the stock fluctuated 3.14% from a day low at ฿1.59 to a day high of ฿1.64. The price has risen in 4 of the last 10 days but is still down by -0.62% for this period.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 18.96% during the next 3 months and, with a 90% probability hold a price between ฿1.86 and ฿2.15 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.
ASIMAR.BK Signals & Forecast
There are few to no technical positive signals at the moment. The Asian Marine Services Public Co Ltd 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 ฿1.62 and ฿1.63. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -6.94%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".
Support, Risk & Stop-loss for Asian Marine Services Public Co Ltd stock
Asian Marine Services Public Co Ltd finds support from accumulated volume at ฿1.59 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 ฿0.0500 between high and low, or 3.14%. For the last week the stock has had daily average volatility of 6.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ASIMAR.BK) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Asian Marine Services Public Company Limited to open at ฿1.61, and during the day (based on 14 day Average True Range), to move between ฿1.53 and ฿1.69, which gives a possible trading interval of +/-฿0.0789 (+/-4.90%) up or down from last closing price. If Asian Marine Services Public Company Limited takes out the full calculated possible swing range there will be an estimated 9.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ฿1.59 (1.24%) than the resistance at ฿1.64 (1.86%), 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 Marine Services Public Company Limited stock A Buy?
The Asian Marine Services Public Co Ltd stock holds several negative signals and despite the positive trend, we believe Asian Marine Services Public Co Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.041 Sell Candidate Unchanged
Predicted Opening Price for Asian Marine Services Public Company Limited of Wednesday, April 24, 2024
Fair opening price April 24, 2024 | Current price |
---|---|
฿1.61 ( 0.207%) | ฿1.61 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ASIMAR.BK
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1.66 | 3.31 % | |
R2 | 1.64 | 2.13 % | ||
R1 | 1.63 | 1.39 % | ||
Current price: | 1.61 | |||
Support | S1 | 1.59 | -0.98 % | |
S2 | 1.58 | -1.71 % | ||
S3 | 1.56 | -2.90 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1.73 | 7.45 % | |
R2 | 1.71 | 6.21 % | ||
R1 | 1.64 | 1.86 % | ||
Current price | 1.61 | |||
Support | S1 | 1.59 | -1.24% | |
S2 | 1.58 | -1.86% | ||
S3 | 1.55 | -3.73% |
ASIMAR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 19, 2024 | Mar 19, 2024 | May 21, 2024 | ฿0.0800 | 4.97% |
2 | Mar 16, 2023 | Mar 16, 2023 | Mar 16, 2023 | ฿0.0400 | 2.41% |
3 | Mar 14, 2022 | Mar 14, 2022 | Mar 14, 2022 | ฿0.100 | 4.27% |
4 | Mar 09, 2021 | Mar 09, 2021 | Mar 09, 2021 | ฿0.100 | 4.72% |
5 | Mar 12, 2020 | Mar 12, 2020 | Mar 12, 2020 | ฿0.0500 | 6.49% |
FAQ
Click here for our free guide on how to buy Asian Marine Services Public Company Limited Stock.