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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 JKPAPER.NS
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Evaluation of JK Paper Limited stock downgraded after the last trading session.
(Updated on May 20, 2024)

Sell candidate since May 20, 2024 PDF

No changes to the price of JK Paper Limited stock on the last trading day (Monday, 20th May 2024). During the last trading day the stock fluctuated 0% from a day low at ₹376.95 to a day high of ₹376.95. The price has been going up and down for this period, and there has been a -0.58% loss for the last 2 weeks.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at ₹388.30 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect JK Paper Limited stock with a 90% probability to be traded between ₹330.59 and ₹395.44 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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JKPAPER.NS Signals & Forecast

The JK Paper Limited 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 ₹359.32 and ₹362.84. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen 0%. 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 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 for JK Paper Limited stock

JK Paper Limited finds support from accumulated volume at ₹368.85 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 daily average volatility of 3.05%

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

Trading Expectations (JKPAPER.NS) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect JK Paper Limited to open at ₹376.95, and during the day (based on 14 day Average True Range), to move between ₹365.93 and ₹387.97, which gives a possible trading interval of +/-₹11.02 (+/-2.92%) up or down from last closing price. If JK Paper Limited takes out the full calculated possible swing range there will be an estimated 5.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹381.05 (1.09%) than the support at ₹368.85 (2.15%), 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 JK Paper Limited stock A Buy?

JK Paper Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.031 Sell Candidate Downgraded

Predicted Opening Price for JK Paper Limited of Tuesday, May 21, 2024

Fair opening price May 21, 2024 Current price
₹376.95 ( 0%) ₹376.95

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

Trading levels for JKPAPER.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 376.95 .
R2 376.95 .
R1 376.95 .
Current price: 376.95
Support S1 376.95 .
S2 376.95 .
S3 376.95 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 386.40 2.51 %
R2 383.35 1.70 %
R1 381.05 1.09 %
Current price 376.95
Support S1 368.85 -2.15%
S2 351.80 -6.67%
S3 342.70 -9.09%

JKPAPER Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 16, 2024 Feb 16, 2024 Mar 08, 2024 ₹3.50 0.94%
2 Feb 17, 2023 Feb 17, 2023 Feb 17, 2023 ₹4.00 1.01%
3 Aug 23, 2022 Aug 23, 2022 Aug 23, 2022 ₹5.50 1.33%
4 Aug 12, 2021 Aug 12, 2021 Aug 12, 2021 ₹4.00 1.53%
5 Feb 20, 2020 Mar 05, 2020 Mar 27, 2020 ₹4.00 5.35%

FAQ

What is the symbol for JK Paper Limited Stock and on which exchange is it traded?
The symbol for JK Paper Limited is JKPAPER.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell JK Paper Limited Stock?
JK Paper Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

How to buy JK Paper Limited Stock?
JK Paper 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 JK Paper Limited Stock.

What's the current price of JK Paper Limited Stock?
As of the end of day on the May 20, 2024, the price of an JK Paper Limited (JKPAPER.NS) share was ₹376.95.

What is the 52-week high and low for JK Paper Limited Stock?
The 52-week high for JK Paper Limited Stock is ₹452.00 and the 52-week low is ₹306.40.

What is the market capitalization of JK Paper Limited Stock?
As of the May 20, 2024, the market capitalization of JK Paper Limited is 64.373B.

When is the next earnings date for JK Paper Limited?
The upcoming earnings date for JK Paper Limited is Jul 22, 2024.
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About JK Paper Limited

JK Paper Limited JK Paper Limited manufactures, sells, and exports papers and boards in India, the United States, the United Kingdom, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally. It offers a range of office documentation papers, such as photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers, and multi-functional devices; and premium watermarked and laid-marked busin... JKPAPER.NS Profile

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