Klil Industries Ltd Stock Forecast
Klil Industries Ltd stock price ended at ₪19,360.00 on Thursday, after losing 1.97%.
(Updated on Jun 27, 2024)
The Klil Industries Ltd stock price fell by -1.97% on the last day (Thursday, 27th Jun 2024) from ₪19,750.00 to ₪19,360.00. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 4.00% from a day low at ₪19,010.00 to a day high of ₪19,770.00. The price has fallen in 5 of the last 10 days and is down by -3.68% for this period. Volume has increased on the last day by 83 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, 337 shares were bought and sold for approximately ₪6.52 million.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.17% during the next 3 months and, with a 90% probability hold a price between ₪20,069.94 and ₪21,960.56 at the end of this 3-month period.
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KLIL.TA Signals & Forecast
The Klil Industries Ltd stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately ₪19,940.00. On a fall, the stock will find some support from the long-term average at approximately ₪19,232.29. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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, June 21, 2024, and so far it has fallen -4.16%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Klil Industries Ltd stock
Klil Industries Ltd finds support from accumulated volume at ₪18,690.00 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₪760.00 between high and low, or 4.00%. For the last week the stock has had daily average volatility of 2.64%.
Our recommended stop-loss: ₪18,491.22 (-4.49%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (KLIL.TA) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Klil Industries Ltd to open at ₪19,380.00, and during the day (based on 14 day Average True Range), to move between ₪18,862.11 and ₪19,857.89, which gives a possible trading interval of +/-₪497.89 (+/-2.57%) up or down from last closing price. If Klil Industries Ltd takes out the full calculated possible swing range there will be an estimated 5.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₪19,740.00 (1.96%) than the support at ₪18,690.00 (3.46%), 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 Klil Industries Ltd stock A Buy?
Klil Industries Ltd 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.
Current score: 0.208 Hold/Accumulate Unchanged
Predicted Opening Price for Klil Industries Ltd of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| ₪19,380.00 ( 0.103%) | ₪19,360.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KLIL.TA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20,140.00 | 4.03% |
| R2 | 19,849.68 | 2.53% |
| R1 | 19,670.32 | 1.60% |
| Price | 19,360.00 | |
| S1 | 19,089.68 | -1.40% |
| S2 | 18,910.32 | -2.32% |
| S3 | 18,620.00 | -3.82% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20,100.00 | 3.82% |
| R2 | 19,980.00 | 3.20% |
| R1 | 19,740.00 | 1.96% |
| Price | 19,360.00 | |
| S1 | 18,690.00 | -3.46% |
| S2 | 18,410.00 | -4.91% |
| S3 | 17,870.00 | -7.70% |
KLIL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 06, 2022 | Sep 06, 2022 | Sep 06, 2022 | ₪263.06 | 0.88% |
| 2 | Dec 06, 2021 | Dec 06, 2021 | Dec 06, 2021 | ₪389.71 | 1.34% |
| 3 | Jun 07, 2021 | Jun 07, 2021 | Jun 07, 2021 | ₪1,039.22 | 3.09% |
| 4 | Nov 25, 2020 | Nov 25, 2020 | Nov 25, 2020 | ₪783.48 | 3.09% |
| 5 | Dec 11, 2018 | Dec 11, 2018 | Dec 11, 2018 | ₪1,536.81 | 6.21% |
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