RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KIFS.BO
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Volatile ride for KIFS Financial Services Limited stock price on Thursday moving between ₹135.10 and ₹151.65
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The KIFS Financial Services Limited stock price fell by -0.669% on the last day (Thursday, 28th Mar 2024) from ₹142.00 to ₹141.05. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 12.25% from a day low at ₹135.10 to a day high of ₹151.65. The price has fallen in 7 of the last 10 days and is down by -1.36% for this period. Volume has increased on the last day by 190 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 243 shares were bought and sold for approximately ₹34.28 thousand.

The stock lies in the middle of a wide and 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 -13.49% during the next 3 months and, with a 90% probability hold a price between ₹115.13 and ₹136.17 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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KIFS.BO Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 4.40%. 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. The KIFS Financial Services Limited 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 ₹142.34 and ₹153.28. A break-up above any of these levels will issue buy signals. KIFS Financial Services Limited gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for KIFS Financial Services Limited stock

KIFS Financial Services Limited finds support from accumulated volume at ₹135.10 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 ₹16.55 between high and low, or 12.25%. For the last week, the stock has had daily average volatility of 8.13%.

Our recommended stop-loss: ₹135.52 (-3.92%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (KIFS.BO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect KIFS Financial Services Limited to open at ₹142.60, and during the day (based on 14 day Average True Range), to move between ₹131.53 and ₹150.57, which gives a possible trading interval of +/-₹9.52 (+/-6.75%) up or down from last closing price. If KIFS Financial Services Limited takes out the full calculated possible swing range there will be an estimated 13.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹135.10 (4.22%) than the resistance at ₹161.25 (14.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is KIFS Financial Services Limited stock A Buy?

KIFS Financial Services Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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: -0.990 Hold/Accumulate Upgraded

Predicted Opening Price for KIFS Financial Services Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹142.60 ( 1.10%) ₹141.05

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

Trading levels for KIFS.BO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 159.15 12.83 %
R2 152.83 8.35 %
R1 148.92 5.58 %
Current price: 141.05
Support S1 136.28 -3.38 %
S2 132.37 -6.15 %
S3 126.05 -10.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 165.55 17.37 %
R2 165.00 16.98 %
R1 161.25 14.32 %
Current price 141.05
Support S1 135.10 -4.22%
S2 0 .
S3 0 .

FAQ

What is the symbol for KIFS Financial Services Limited Stock and on which exchange is it traded?
The symbol for KIFS Financial Services Limited is KIFS.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell KIFS Financial Services Limited Stock?
KIFS Financial Services Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation 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.

How to buy KIFS Financial Services Limited Stock?
KIFS Financial Services 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 KIFS Financial Services Limited Stock.

What's the current price of KIFS Financial Services Limited Stock?
As of the end of day on the 2024-03-28, the price of an KIFS Financial Services Limited (KIFS.BO) share was ₹141.05.

What is the 52-week high and low for KIFS Financial Services Limited Stock?
The 52-week high for KIFS Financial Services Limited Stock is ₹230.63 and the 52-week low is ₹91.00.
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