Big Camera Corp Public Co Ltd Stock Forecast
Big Camera Corp Public Co Ltd stock upgraded from Strong Sell Candidate to Sell Candidate after Friday trading session.
(Updated on Jun 14, 2024)
The Big Camera Corp Public Co Ltd stock price fell by -2.50% on the last day (Friday, 14th Jun 2024) from ฿0.400 to ฿0.390. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.56% from a day low at ฿0.390 to a day high of ฿0.400. The price has fallen in 6 of the last 10 days and is down by -11.36% for this period. 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 -714 thousand shares and in total, 365 thousand shares were bought and sold for approximately ฿142.29 thousand.
The stock has broken the falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point (฿0.399) are considered to be a "second chance" to get out. According to the fan-theory ฿0.369 will represent the new bottom line of the next trend, but it is far too early to say this for certain.
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BIG.BK Signals & Forecast
There are few to no technical positive signals at the moment. The Big Camera Corp 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 ฿0.411 and ฿0.439. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -18.75%. 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 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 Big Camera Corp Public Co Ltd 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 2.56%. For the last week the stock has had daily average volatility of 4.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BIG.BK) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Big Camera Corporation Public Company Limited to open at ฿0.393, and during the day (based on 14 day Average True Range), to move between ฿0.374 and ฿0.406, which gives a possible trading interval of +/-฿0.0156 (+/-3.99%) up or down from last closing price. If Big Camera Corporation Public Company Limited takes out the full calculated possible swing range there will be an estimated 7.99% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ฿0.450, some ฿0.0600 (15.38%) from the current price of ฿0.390, our system finds the risk reward not very attractive.
Is Big Camera Corporation Public Company Limited stock A Buy?
Big Camera Corp Public Co Ltd holds several negative signals and is within a 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Current score: -2.678 Sell Candidate Upgraded
Predicted Opening Price for Big Camera Corporation Public Company Limited of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| ฿0.393 ( 0.85%) | ฿0.390 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BIG.BK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.403 | 3.42% |
| R2 | 0.400 | 2.44% |
| R1 | 0.397 | 1.83% |
| Price | 0.390 | |
| S1 | 0.390 | -0.125% |
| S2 | 0.387 | -0.730% |
| S3 | 0.383 | -1.71% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.480 | 23.08% |
| R2 | 0.470 | 20.51% |
| R1 | 0.450 | 15.38% |
| Price | 0.390 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
BIG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | May 10, 2024 | ฿0.0150 | 3.33% |
| 2 | Mar 14, 2023 | Mar 14, 2023 | Mar 14, 2023 | ฿0.0200 | 3.13% |
| 3 | Apr 30, 2020 | Apr 30, 2020 | Apr 30, 2020 | ฿0.0300 | 5.88% |
| 4 | May 07, 2019 | May 07, 2019 | May 07, 2019 | ฿0.0800 | 6.72% |
| 5 | Apr 19, 2018 | Apr 19, 2018 | Apr 19, 2018 | ฿0.130 | 4.48% |
FAQ
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