ATP 30 Public Company Limited Stock Forecast
ATP 30 Public Company Limited stock price down 1.12% on Friday
(Updated on Jun 28, 2024)
The ATP 30 Public Company Limited stock price fell by -1.12% on the last day (Friday, 28th Jun 2024) from ฿0.89 to ฿0.88. During the last trading day the stock fluctuated 1.14% from a day low at ฿0.88 to a day high of ฿0.89. The price has been going up and down for this period, and there has been a -5.38% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -233 thousand shares and in total, 443 thousand shares were bought and sold for approximately ฿389.89 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 -6.90% during the next 3 months and, with a 90% probability hold a price between ฿0.785 and ฿0.91 at the end of this 3-month period.
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ATP30.BK Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ATP 30 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 ฿0.89 and ฿0.95. 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). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for ATP 30 Public Company Limited stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 ฿0.0100 between high and low, or 1.14%. For the last week the stock has had daily average volatility of 2.95%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ATP30.BK) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect ATP 30 Public Company Limited to open at ฿0.88, and during the day (based on 14 day Average True Range), to move between ฿0.85 and ฿0.91, which gives a possible trading interval of +/-฿0.0274 (+/-3.12%) up or down from last closing price. If ATP 30 Public Company Limited takes out the full calculated possible swing range there will be an estimated 6.24% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ฿0.94, some ฿0.0600 (6.82%) from the current price of ฿0.88, our system finds the risk reward not very attractive.
Is ATP 30 Public Company Limited stock A Buy?
ATP 30 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: -3.564 Sell Candidate Unchanged
Predicted Opening Price for ATP 30 Public Company Limited of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| ฿0.88 ( 0.379%) | ฿0.88 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ATP30.BK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.89 | 1.52% |
| R2 | 0.89 | 1.08% |
| R1 | 0.89 | 0.81% |
| Price | 0.88 | |
| S1 | 0.88 | -0.0553% |
| S2 | 0.88 | -0.323% |
| S3 | 0.87 | -0.758% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.00 | 13.64% |
| R2 | 0.99 | 12.50% |
| R1 | 0.94 | 6.82% |
| Price | 0.88 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
ATP30 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 12, 2024 | Apr 12, 2024 | Apr 30, 2024 | ฿0.0200 | 2.13% |
| 2 | Apr 11, 2024 | Apr 11, 2024 | Apr 30, 2024 | ฿0.0200 | 2.13% |
| 3 | Apr 10, 2023 | Apr 10, 2023 | Apr 10, 2023 | ฿0.0300 | 2.29% |
| 4 | Apr 08, 2022 | Apr 08, 2022 | Apr 08, 2022 | ฿0.0300 | 1.28% |
| 5 | Apr 08, 2021 | Apr 08, 2021 | Apr 08, 2021 | ฿0.0300 | 2.33% |
FAQ
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