RPCG Public Company Limited Stock Forecast
RPCG Public Company Limited stock price down 0% on Friday
(Updated on May 03, 2024)
No changes to the price of RPCG Public Company Limited stock on the last trading day (Friday, 3rd May 2024). During the last trading day the stock fluctuated 3.08% from a day low at ฿0.650 to a day high of ฿0.670. The price has fallen in 4 of the last 10 days and is down by -5.71% for this period.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ฿0.654 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.35% during the next 3 months and, with a 90% probability hold a price between ฿0.722 and ฿0.81 at the end of this 3-month period.
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RPC.BK Signals & Forecast
There are few to no technical positive signals at the moment. The RPCG Public Company 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 ฿0.681 and ฿0.691. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -8.33%. 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".
Support, Risk & Stop-loss for RPCG Public Company Limited stock
RPCG Public Company Limited finds support from accumulated volume at ฿0.650 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 controlled movements and therefore the general risk is considered 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 ฿0.0200 between high and low, or 3.08%. For the last week the stock has had daily average volatility of 2.99%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (RPC.BK) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect RPCG Public Company Limited to open at ฿0.660, and during the day (based on 14 day Average True Range), to move between ฿0.639 and ฿0.681, which gives a possible trading interval of +/-฿0.0211 (+/-3.20%) up or down from last closing price. If RPCG Public Company Limited takes out the full calculated possible swing range there will be an estimated 6.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ฿0.650 (1.52%) than the resistance at ฿0.680 (3.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is RPCG Public Company Limited stock A Buy?
The RPCG Public Company Limited stock holds several negative signals and despite the positive trend, we believe RPCG Public Company Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.446 Sell Candidate Unchanged
Predicted Opening Price for RPCG Public Company Limited of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| ฿0.660 ( 0%) | ฿0.660 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RPC.BK
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.680 | 3.03 % | |
| R2 | 0.672 | 1.87 % | ||
| R1 | 0.668 | 1.16 % | ||
| Current price: | 0.660 | |||
| Support | S1 | 0.652 | -1.16 % | |
| S2 | 0.648 | -1.87 % | ||
| S3 | 0.640 | -3.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.710 | 7.58 % | |
| R2 | 0.690 | 4.55 % | ||
| R1 | 0.680 | 3.03 % | ||
| Current price | 0.660 | |||
| Support | S1 | 0.650 | -1.52% | |
| S2 | 0.630 | -4.55% | ||
| S3 | 0.610 | -7.58% |
RPC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | Apr 30, 2024 | May 21, 2024 | ฿0.0400 | 5.97% |
| 2 | Apr 28, 2022 | Apr 28, 2022 | Apr 28, 2022 | ฿0.100 | 7.30% |
| 3 | May 23, 2012 | May 23, 2012 | May 23, 2012 | ฿0.792 | 67.15% |
| 4 | Mar 01, 2012 | Mar 01, 2012 | Mar 01, 2012 | ฿0.0421 | 2.25% |
| 5 | Mar 10, 2011 | Mar 10, 2011 | Mar 10, 2011 | ฿0.0337 | 0.96% |
FAQ
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