Big Camera Corp Public Co Ltd Stock Forecast
Stronger technical forecast for Big Camera Corp Public Co Ltd stock price after Tuesday trading.
(Updated on Jun 25, 2024)
The Big Camera Corp Public Co Ltd stock price gained 2.38% on the last trading day (Tuesday, 25th Jun 2024), rising from ฿0.420 to ฿0.430. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 7.50% from a day low at ฿0.400 to a day high of ฿0.430. The price has been going up and down for this period, and there has been a 2.38% gain 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, 361 thousand more shares were traded than the day before. In total, 862 thousand shares were bought and sold for approximately ฿370.70 thousand.
Given the current short-term trend, the stock is expected to fall -16.51% during the next 3 months and, with a 90% probability hold a price between ฿0.317 and ฿0.359 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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BIG.BK Signals & Forecast
The Big Camera Corp Public Co Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ฿0.404 and ฿0.428. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 10.26%. Further rise is indicated until a new top pivot has been found. Big Camera Corp Public Co Ltd has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Big Camera Corp Public Co Ltd stock
Big Camera Corp Public Co Ltd finds support from accumulated volume at ฿0.410 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 ฿0.0300 between high and low, or 7.50%. For the last week, the stock has had daily average volatility of 6.20%.
Our recommended stop-loss: ฿0.413 (-4.00%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 46 days ago.)
Trading Expectations (BIG.BK) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Big Camera Corporation Public Company Limited to open at ฿0.420, and during the day (based on 14 day Average True Range), to move between ฿0.409 and ฿0.451, which gives a possible trading interval of +/-฿0.0213 (+/-4.96%) 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 9.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ฿0.450 (4.65%) than the support at ฿0.410 (4.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Big Camera Corporation Public Company Limited stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 2.638 Buy Candidate Upgraded
Predicted Opening Price for Big Camera Corporation Public Company Limited of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| ฿0.420 ( 2.33%) | ฿0.430 |
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 | 0.450 | 4.65% |
| R2 | 0.439 | 1.99% |
| R1 | 0.431 | 0.340% |
| Price | 0.430 | |
| S1 | 0.409 | -4.99% |
| S2 | 0.401 | -6.64% |
| S3 | 0.390 | -9.30% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.480 | 11.63% |
| R2 | 0.470 | 9.30% |
| R1 | 0.450 | 4.65% |
| Price | 0.430 | |
| S1 | 0.410 | -4.65% |
| S2 | 0.400 | -6.98% |
| S3 | 0.390 | -9.30% |
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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