United International Enterprises Limited Stock Forecast
United International Enterprises Limited stock price down 0% on Monday
(Updated on May 13, 2024)
No changes to the price of United International Enterprises Limited stock on the last trading day (Monday, 13th May 2024). During the last trading day the stock fluctuated 0.90% from a day low at kr221.00 to a day high of kr223.00. The price has risen in 4 of the last 10 days and is up by 0.45% over the past 2 weeks.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at kr219.23 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 8.63% during the next 3 months and, with a 90% probability hold a price between kr238.16 and kr253.54 at the end of this 3-month period.
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UIE.CO Signals & Forecast
The United International Enterprises Limited 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 kr221.14 and kr219.80. A breakdown below any of these levels will issue sell signals. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. 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 Thursday, April 11, 2024, and so far it has fallen -2.20%. 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). The stock had a Golden Star Signal on Thursday, November 09, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, November 09, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for United International Enterprises Limited stock
United International Enterprises Limited finds support from accumulated volume at kr220.00 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 kr2.00 between high and low, or 0.90%. For the last week the stock has had daily average volatility of 1.09%.
Our recommended stop-loss: kr213.39 (-3.88%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (UIE.CO) For The Upcoming Trading Day Of Tuesday 14th
For the upcoming trading day on Tuesday, 14th we expect United International Enterprises Limited to open at kr222.00, and during the day (based on 14 day Average True Range), to move between kr218.63 and kr225.37, which gives a possible trading interval of +/-kr3.37 (+/-1.52%) up or down from last closing price. If United International Enterprises Limited takes out the full calculated possible swing range there will be an estimated 3.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at kr223.00 (0.45%) than the support at kr220.00 (0.90%), 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 United International Enterprises Limited stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for United International Enterprises Limited stock to perform well in the short-term.
Current score: 2.903 Buy Candidate Unchanged
Predicted Opening Price for United International Enterprises Limited of Tuesday, May 14, 2024
Fair opening price May 14, 2024 | Current price |
---|---|
kr222.00 ( 0%) | kr222.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UIE.CO
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 224.00 | 0.90 % | |
R2 | 223.24 | 0.557 % | ||
R1 | 222.76 | 0.344 % | ||
Current price: | 222.00 | |||
Support | S1 | 221.24 | -0.344 % | |
S2 | 220.76 | -0.557 % | ||
S3 | 220.00 | -0.90 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 227.00 | 2.25 % | |
R2 | 224.00 | 0.90 % | ||
R1 | 223.00 | 0.450 % | ||
Current price | 222.00 | |||
Support | S1 | 220.00 | -0.90% | |
S2 | 212.00 | -4.50% | ||
S3 | 210.00 | -5.41% |
UIE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 27, 2024 | May 27, 2024 | May 29, 2024 | kr4.80 | 2.16% |
2 | Dec 14, 2023 | Dec 14, 2023 | Dec 14, 2023 | kr3.73 | 2.03% |
3 | Aug 23, 2023 | Aug 23, 2023 | Aug 23, 2023 | kr1.75 | 0.97% |
4 | May 22, 2023 | May 22, 2023 | May 22, 2023 | kr0.730 | 0.375% |
5 | May 20, 2022 | May 20, 2022 | May 20, 2022 | kr0.635 | 0.313% |
FAQ
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