Intermedical Care And Lab Hospital Stock Forecast
Intermedical Care And Lab Hospital stock price down 0% on Friday
(Updated on Jun 28, 2024)
No changes to the price of Intermedical Care And Lab Hospital stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 2.54% from a day low at ฿5.90 to a day high of ฿6.05. The price has been going up and down for this period, and there has been a -3.25% loss for the last 2 weeks.
The stock lies in the lower of a narrow and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ฿5.93 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.90% during the next 3 months and, with a 90% probability hold a price between ฿5.52 and ฿5.63 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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IMH.BK Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Intermedical Care And Lab Hospital 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 ฿6.05 and ฿6.19. 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). 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".
Support, Risk & Stop-loss for Intermedical Care And Lab Hospital 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.
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 ฿0.150 between high and low, or 2.54%. For the last week the stock has had daily average volatility of 2.18%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IMH.BK) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Intermedical Care And Lab Hospital Public Company Limited to open at ฿5.97, and during the day (based on 14 day Average True Range), to move between ฿5.78 and ฿6.12, which gives a possible trading interval of +/-฿0.167 (+/-2.80%) up or down from last closing price. If Intermedical Care And Lab Hospital Public Company Limited takes out the full calculated possible swing range there will be an estimated 5.60% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ ฿6.10, some ฿0.150 (2.52%) from the current price of ฿5.95, our system finds the risk reward not very attractive.
Is Intermedical Care And Lab Hospital Public Company Limited stock A Buy?
Intermedical Care And Lab Hospital holds several negative signals and is within a narrow and 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: -1.836 Sell Candidate Unchanged
Predicted Opening Price for Intermedical Care And Lab Hospital Public Company Limited of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| ฿5.97 ( 0.280%) | ฿5.95 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IMH.BK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.12 | 2.80% |
| R2 | 6.06 | 1.84% |
| R1 | 6.02 | 1.24% |
| Price | 5.95 | |
| S1 | 5.91 | -0.683% |
| S2 | 5.87 | -1.28% |
| S3 | 5.82 | -2.24% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.45 | 8.40% |
| R2 | 6.20 | 4.20% |
| R1 | 6.10 | 2.52% |
| Price | 5.95 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
IMH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2023 | Mar 28, 2023 | May 25, 2023 | ฿0.140 | 1.31% |
| 2 | Mar 18, 2022 | Mar 18, 2022 | May 27, 2022 | ฿0.90 | 5.14% |
FAQ
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