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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 JMT.BK
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JMT Network Services Public Co Ltd stock price ended at ฿16.60 on Friday, after gaining 1.22%.
(Updated on Jun 14, 2024)

Sell candidate since Jun 12, 2024 Gain 0.61% PDF

The JMT Network Services Public Co Ltd stock price gained 1.22% on the last trading day (Friday, 14th Jun 2024), rising from ฿16.40 to ฿16.60. During the last trading day the stock fluctuated 3.07% from a day low at ฿16.30 to a day high of ฿16.80. The price has fallen in 5 of the last 10 days but is still up by 1.22% over the past 2 weeks. Volume fell on the last day by -6 million shares and in total, 15 million shares were bought and sold for approximately ฿253.58 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at ฿17.49 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -32.33% during the next 3 months and, with a 90% probability hold a price between ฿8.76 and ฿11.84 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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JMT.BK Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 17.73%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The JMT Network Services Public Co Ltd stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at ฿17.96. On a fall, the stock will find some support from the short-term average at ฿15.79. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for JMT Network Services Public Co Ltd stock

JMT Network Services Public Co Ltd finds support from accumulated volume at ฿16.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ฿0.500 between high and low, or 3.07%. For the last week, the stock has had daily average volatility of 5.85%.

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

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

For the upcoming trading day on Monday, 17th we expect JMT Network Services Public Company Limited to open at ฿16.57, and during the day (based on 14 day Average True Range), to move between ฿15.76 and ฿17.44, which gives a possible trading interval of +/-฿0.84 (+/-5.09%) up or down from last closing price. If JMT Network Services Public Company Limited takes out the full calculated possible swing range there will be an estimated 10.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ฿16.50 (0.60%) than the resistance at ฿17.50 (5.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is JMT Network Services Public Company Limited stock A Buy?

JMT Network Services Public Co Ltd 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.

Current score: -2.047 Sell Candidate Unchanged

Predicted Opening Price for JMT Network Services Public Company Limited of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
฿16.57 ( 0.201%) ฿16.60

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

Trading levels for JMT.BK

Fibonacci Support & Resistance Levels

Level Price
R3 17.07 2.81%
R2 16.88 1.66%
R1 16.76 0.95%
Price 16.60
S1 16.38 -1.35%
S2 16.26 -2.06%
S3 16.07 -3.21%

Accumulated Volume Support & Resistance Levels

Level Price
R3 18.90 13.86%
R2 17.60 6.02%
R1 17.50 5.42%
Price 16.60
S1 16.50 -0.602%
S2 16.40 -1.20%
S3 14.10 -15.06%

JMT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 17, 2024 Apr 17, 2024 May 03, 2024 ฿0.490 2.34%
2 Apr 11, 2024 Apr 11, 2024 May 03, 2024 ฿0.490 2.34%
3 Aug 24, 2023 Aug 24, 2023 Aug 24, 2023 ฿0.340 0.747%
4 Apr 11, 2023 Apr 11, 2023 Apr 11, 2023 ฿0.590 1.35%
5 Aug 24, 2022 Aug 24, 2022 Aug 24, 2022 ฿0.490 0.660%

FAQ

What is the symbol for JMT Network Services Public Company Limited Stock and on which exchange is it traded?
The symbol for JMT Network Services Public Company Limited is JMT.BK and it is traded on the SET (Stock Exchange of Thailand).

Should I buy or sell JMT Network Services Public Company Limited Stock?
JMT Network Services Public Co Ltd 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.

How to buy JMT Network Services Public Company Limited Stock?
JMT Network Services 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 JMT Network Services Public Company Limited Stock.

What's the current price of JMT Network Services Public Company Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an JMT Network Services Public Company Limited (JMT.BK) share was ฿16.60.

What is the 52-week high and low for JMT Network Services Public Company Limited Stock?
The 52-week high for JMT Network Services Public Company Limited Stock is ฿50.00 and the 52-week low is ฿13.80.

What is the market capitalization of JMT Network Services Public Company Limited Stock?
As of the Jun 14, 2024, the market capitalization of JMT Network Services Public Company Limited is 24.22B.

When is the next earnings date for JMT Network Services Public Company Limited?
The upcoming earnings date for JMT Network Services Public Company Limited is Aug 08, 2024.
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About JMT Network Services Public Company Limited

JMT Network Services Public Company Limited JMT Network Services Public Company Limited, together with its subsidiaries, provides debts tracking and collection services in Thailand. The company is also involved in the purchase of non-performing accounts receivable for debts management and collection. In addition, it offers asset management, non-life insurance, and personal loan services, as well as operates as an insurance broker. The company was incorporated in 1994 and is based in Bangko... JMT.BK Profile

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