Beauty Community Public Company Limited Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Beauty Community Public Company Limited stock price after Monday trading.
(Updated on May 13, 2024)
The Beauty Community Public Company Limited stock price gained 1.64% on the last trading day (Monday, 13th May 2024), rising from ฿0.610 to ฿0.620. During the last trading day the stock fluctuated 6.67% from a day low at ฿0.600 to a day high of ฿0.640. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 12 million shares were bought and sold for approximately ฿7.55 million.
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 -5.48% during the next 3 months and, with a 90% probability hold a price between ฿0.498 and ฿0.656 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.
BEAUTY.BK Signals & Forecast
There are mixed signals in the stock today. The Beauty Community 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 ฿0.624 and ฿0.637. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 6.90%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Beauty Community Public Company Limited stock
Beauty Community Public Company Limited finds support from accumulated volume at ฿0.610 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 ฿0.0400 between high and low, or 6.67%. For the last week, the stock has had daily average volatility of 4.25%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BEAUTY.BK) For The Upcoming Trading Day Of Tuesday 14th
For the upcoming trading day on Tuesday, 14th we expect Beauty Community Public Company Limited to open at ฿0.620, and during the day (based on 14 day Average True Range), to move between ฿0.589 and ฿0.651, which gives a possible trading interval of +/-฿0.0311 (+/-5.01%) up or down from last closing price. If Beauty Community Public Company Limited takes out the full calculated possible swing range there will be an estimated 10.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ฿0.610 (1.61%) than the resistance at ฿0.670 (8.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Beauty Community Public Company Limited will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for Beauty Community Public Company Limited, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 6.31% in the first trading day after earnings release.
Is Beauty Community Public Company Limited stock A Buy?
Beauty Community Public Company Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.392 Sell Candidate Upgraded
Predicted Opening Price for Beauty Community Public Company Limited of Tuesday, May 14, 2024
| Fair opening price May 14, 2024 | Current price |
|---|---|
| ฿0.620 ( 0%) | ฿0.620 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BEAUTY.BK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.660 | 6.45 % | |
| R2 | 0.645 | 3.99 % | ||
| R1 | 0.635 | 2.46 % | ||
| Current price: | 0.620 | |||
| Support | S1 | 0.605 | -2.46 % | |
| S2 | 0.595 | -3.99 % | ||
| S3 | 0.580 | -6.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.720 | 16.13 % | |
| R2 | 0.680 | 9.68 % | ||
| R1 | 0.670 | 8.06 % | ||
| Current price | 0.620 | |||
| Support | S1 | 0.610 | -1.61% | |
| S2 | 0.600 | -3.23% | ||
| S3 | 0.580 | -6.45% |
BEAUTY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2020 | Apr 30, 2020 | Apr 30, 2020 | ฿0.0360 | 0% |
| 2 | Apr 10, 2020 | Apr 10, 2020 | Apr 10, 2020 | ฿0.0360 | 0% |
| 3 | Aug 27, 2019 | Aug 27, 2019 | Aug 27, 2019 | ฿0.0350 | 0% |
| 4 | May 03, 2019 | May 03, 2019 | May 03, 2019 | ฿0.138 | 0% |
| 5 | Aug 27, 2018 | Aug 27, 2018 | Aug 27, 2018 | ฿0.162 | 0% |
FAQ
Click here for our free guide on how to buy Beauty Community Public Company Limited Stock.
