Shengfeng Development Limited Stock Forecast

Hold candidate since Jun 16, 2025 Loss -3.20%

The Shengfeng Development Limited stock price fell by -0.371% on the last day (Friday, 20th Jun 2025) from $0.97 to $0.97. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 6.77% from a day low at $0.91 to a day high of $0.97. The price has been going up and down for this period, and there has been a 0.17% gain for the last 2 weeks. Volume has increased on the last day by 20 thousand 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, 21 thousand shares were bought and sold for approximately $20.35 thousand.

The stock lies in the middle of a wide and 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 3.41% during the next 3 months and, with a 90% probability hold a price between $0.94 and $1.08 at the end of this 3-month period.

SFWL Signals & Forecast

There are few to no technical positive signals at the moment. The Shengfeng Development 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 $0.98 and $1.00. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 16, 2025, and so far it has fallen -6.02%. 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). Shengfeng Development 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 Shengfeng Development Limited stock

Shengfeng Development Limited finds support from accumulated volume at $0.97 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 $0.0616 between high and low, or 6.77%. For the last week the stock has had daily average volatility of 3.61%.

Our recommended stop-loss: $0.93 (-3.64%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (SFWL) For The Upcoming Trading Day Of Monday 23rd

For the upcoming trading day on Monday, 23rd we expect Shengfeng Development Limited to open at $0.95, and during the day (based on 14 day Average True Range), to move between $0.92 and $1.01, which gives a possible trading interval of +/-$0.0450 (+/-4.65%) up or down from last closing price. If Shengfeng Development Limited takes out the full calculated possible swing range there will be an estimated 9.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.97 (0.17%) than the resistance at $0.97 (0.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Shengfeng Development Limited stock A Buy?

Shengfeng Development 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.

Current score: -0.876 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2025 - $0.95 ( 1.87%).

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