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Bangkok Land Public Company Limited Stock Forecast SET:BLAND

฿1.07 (0%)

Volume: 0

Closed: Jan 21, 2022

Hollow Logo Score: 0.837

Bangkok Land Public Company Limited Stock Forecast

฿1.07 (0%)

Volume: 0

Closed: Jan 21, 2022

Score Hollow Logo 0.837
Which way will BLAND.BK go? Request

BLAND.BK Stock Risk

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ฿0 between high and low, or 0%. For the last week the stock has had a daily average volatility of 1.69%

Our recommended stop-loss: ฿1.01 (-5.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 80 ] RSI14 is 55 and the stock is currently not being overbought or oversold

Stronger technical forecast for Bangkok Land Public Company Limited stock price after Friday trading.
(Updated on Jan 21, 2022)


Hold candidate since 2022-01-21 PDF

No changes to the price of Bangkok Land Public Company Limited stock on the last trading day (Friday, 21st Jan 2022). During the day the stock fluctuated 0% from a day low at ฿1.07 to a day high of ฿1.07. The price has been going up and down for this period, and there has been a -0.93% loss for the last 2 weeks.

The stock lies in the middle of a 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 -2.68% during the next 3 months and, with a 90% probability hold a price between ฿1.00 and ฿1.06 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.

Signals & Forecast

The Bangkok Land Public Company Limited stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately ฿1.07. On a fall, the stock will find some support from the long-term average at approximately ฿1.07. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Thursday, January 06, 2022, and so far it has fallen 0%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

Bangkok Land Public Company Limited finds support from accumulated volume at ฿1.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved ฿0 between high and low, or 0%. For the last week the stock has had a daily average volatility of 1.69%

Our recommended stop-loss: ฿1.01 (-5.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Is Bangkok Land Public Company Limited stock A Buy?

Bangkok Land Public Company Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.837

Hold/Accumulate Upgraded

Predicted Opening Price for Bangkok Land Public Company Limited of Monday, January 24, 2022

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price January 24, 2022 Current price
฿1.07 ฿1.07 (Undervalued)

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Volatility and Risk
Daily Average Volatility: 1.69 %
Overall Risk: Very High High Medium Low Very Low
Volatility
1.69 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: ฿1.08
Price: ฿1.07
Support: ฿1.06

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 1.07 .
1.07 .
1.07 .
Current price: 1.07
Support 1.07 .
1.07 .
1.07 .

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 1.11 3.74 %
1.09 1.87 %
1.08 0.93 %
Current price 1.07
Support 1.06 -0.93%
1.05 -1.87%
1.04 -2.80%

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