PT Bank Central Asia Stock Forecast
PT Bank Central Asia stock price down 0% on Wednesday
(Updated on Jul 03, 2024)
No changes to the price of PT Bank Central Asia stock on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the stock fluctuated 0% from a day low at $0.607 to a day high of $0.607. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect PT Bank Central Asia stock with a 90% probability to be traded between $0.557 and $0.641 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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PBCRF Signals & Forecast
The PT Bank Central Asia stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.607 and $0.598. 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 Tuesday, July 02, 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 PT Bank Central Asia stock
PT Bank Central Asia finds support from accumulated volume at $0.599 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 0%
Our recommended stop-loss: $0.583 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (PBCRF) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect PT Bank Central Asia to open at $0.607, and during the day (based on 14 day Average True Range), to move between $0.601 and $0.613, which gives a possible trading interval of +/-$0.0063 (+/-1.04%) up or down from last closing price. If PT Bank Central Asia takes out the full calculated possible swing range there will be an estimated 2.07% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $0.612 (0.83%) than the support at $0.599 (1.40%), 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 PT Bank Central Asia stock A Buy?
PT Bank Central Asia holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for PT Bank Central Asia of Friday, July 5, 2024
Fair opening price July 5, 2024 | Current price |
---|---|
$0.607 ( 0%) | $0.607 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PBCRF
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.607 | - |
R2 | 0.607 | - |
R1 | 0.607 | - |
Price | 0.607 | |
S1 | 0.607 | - |
S2 | 0.607 | - |
S3 | 0.607 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0.622 | 2.44% |
R2 | 0.620 | 2.10% |
R1 | 0.612 | 0.83% |
Price | 0.607 | |
S1 | 0.599 | -1.40% |
S2 | 0.597 | -1.73% |
S3 | 0.575 | -5.37% |
PBCRF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 25, 2024 | Mar 25, 2024 | Apr 04, 2024 | $0.0143 | 2.36% |
2 | Dec 04, 2023 | Dec 04, 2023 | Dec 04, 2023 | $0.0030 | 0.521% |
3 | Mar 29, 2023 | Mar 29, 2023 | Apr 28, 2017 | $0.0110 | 0.797% |
4 | Dec 02, 2022 | Dec 02, 2022 | Dec 20, 2022 | $0.0020 | 0.364% |
5 | Mar 28, 2022 | Mar 28, 2022 | Mar 28, 2022 | $0.0080 | 1.43% |
FAQ
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