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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CI.BK
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Charn Issara Development Public Co Ltd stock price up 1.92% on Friday
(Updated on Jun 14, 2024)

Sell candidate since Jun 06, 2024 Loss -5.36% PDF

The Charn Issara Development Public Co Ltd stock price gained 1.92% on the last trading day (Friday, 14th Jun 2024), rising from ฿0.520 to ฿0.530. During the last trading day the stock fluctuated 9.80% from a day low at ฿0.510 to a day high of ฿0.560. The price has fallen in 5 of the last 10 days and is down by -7.02% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 82 thousand more shares were traded than the day before. In total, 130 thousand shares were bought and sold for approximately ฿68.64 thousand.

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 -11.52% during the next 3 months and, with a 90% probability hold a price between ฿0.459 and ฿0.501 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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CI.BK Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 1.92%. Further rise is indicated until a new top pivot has been found. Charn Issara Development 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. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Charn Issara Development 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 ฿0.539 and ฿0.568. 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).

Support, Risk & Stop-loss for Charn Issara Development Public Co Ltd stock

Charn Issara Development Public Co Ltd finds support from accumulated volume at ฿0.520 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 ฿0.0500 between high and low, or 9.80%. For the last week, the stock has had daily average volatility of 4.66%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CI.BK) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Charn Issara Development Public Company Limited to open at ฿0.533, and during the day (based on 14 day Average True Range), to move between ฿0.506 and ฿0.554, which gives a possible trading interval of +/-฿0.0241 (+/-4.54%) up or down from last closing price. If Charn Issara Development Public Company Limited takes out the full calculated possible swing range there will be an estimated 9.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ฿0.520 (1.89%) than the resistance at ฿0.580 (9.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Charn Issara Development Public Company Limited stock A Buy?

Charn Issara Development 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.

Current score: -1.919 Sell Candidate Unchanged

Predicted Opening Price for Charn Issara Development Public Company Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
฿0.533 ( 0.629%) ฿0.530

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

Trading levels for CI.BK

Fibonacci Support & Resistance Levels

Level Price
R3 0.583 10.06%
R2 0.564 6.46%
R1 0.552 4.23%
Price 0.530
S1 0.514 -2.97%
S2 0.502 -5.20%
S3 0.483 -8.81%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.620 16.98%
R2 0.610 15.09%
R1 0.580 9.43%
Price 0.530
S1 0.520 -1.89%
S2 0 -
S3 0 -

CI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 07, 2020 May 07, 2020 May 07, 2020 ฿0.0155 0%
2 May 03, 2019 May 03, 2019 May 03, 2019 ฿0.0320 0%
3 May 07, 2018 May 07, 2018 May 07, 2018 ฿0.0300 0%
4 May 04, 2017 May 04, 2017 May 04, 2017 ฿0.0474 0%
5 May 09, 2016 May 09, 2016 May 09, 2016 ฿0.0178 0%

FAQ

What is the symbol for Charn Issara Development Public Company Limited Stock and on which exchange is it traded?
The symbol for Charn Issara Development Public Company Limited is CI.BK and it is traded on the SET (Stock Exchange of Thailand).

Should I buy or sell Charn Issara Development Public Company Limited Stock?
Charn Issara Development 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.

How to buy Charn Issara Development Public Company Limited Stock?
Charn Issara Development Public Company Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Charn Issara Development Public Company Limited Stock.

What's the current price of Charn Issara Development Public Company Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Charn Issara Development Public Company Limited (CI.BK) share was ฿0.530.

What is the 52-week high and low for Charn Issara Development Public Company Limited Stock?
The 52-week high for Charn Issara Development Public Company Limited Stock is ฿0.780 and the 52-week low is ฿0.470.

What is the market capitalization of Charn Issara Development Public Company Limited Stock?
As of the Jun 14, 2024, the market capitalization of Charn Issara Development Public Company Limited is 565.293M.

When is the next earnings date for Charn Issara Development Public Company Limited?
The upcoming earnings date for Charn Issara Development Public Company Limited is Apr 25, 2025.
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About Charn Issara Development Public Company Limited

Charn Issara Development Public Company Limited Charn Issara Development Public Company Limited, together with its subsidiaries, primarily engages in real estate development activities in Thailand. The company operates through four segments: Real Estate Development, Lease of Office Condominium Units, Hotel Operations, and Sales of Goods. It develops and sells residential properties, such as single-detached houses, townhomes, condominiums, and luxury villas; operates spas and hotels; sells or l... CI.BK Profile

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