RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BACHY
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BANK OF CHINA LTD AD stock price up 0.243% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 24, 2024 Gain 9.38% PDF

The BANK OF CHINA LTD AD stock price gained 0.243% on the last trading day (Wednesday, 27th Mar 2024), rising from $10.30 to $10.33. During the last trading day the stock fluctuated 1.38% from a day low at $10.31 to a day high of $10.45. The price has been going up and down for this period, and there has been a 1.82% gain for the last 2 weeks. Volume fell on the last day by -747 shares and in total, 25 thousand shares were bought and sold for approximately $259.35 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a strong 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 12.16% during the next 3 months and, with a 90% probability hold a price between $11.04 and $11.78 at the end of this 3-month period.

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BACHY Signals & Forecast

The BANK OF CHINA LTD AD 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 $10.29 and $9.90. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, March 21, 2024, and so far it has fallen -1.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for BANK OF CHINA LTD AD stock

BANK OF CHINA LTD AD finds support from accumulated volume at $10.21 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 $0.143 between high and low, or 1.38%. For the last week the stock has had daily average volatility of 1.07%.

Our recommended stop-loss: $9.97 (-3.44%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (BACHY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BANK OF CHINA LTD AD to open at $10.36, and during the day (based on 14 day Average True Range), to move between $10.17 and $10.48, which gives a possible trading interval of +/-$0.152 (+/-1.47%) up or down from last closing price. If BANK OF CHINA LTD AD takes out the full calculated possible swing range there will be an estimated 2.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.37 (0.44%) than the support at $10.21 (1.11%), 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 BANK OF CHINA LTD AD 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 BANK OF CHINA LTD AD stock to perform well in the short-term.

Current score: 1.795 Buy Candidate Unchanged

Predicted Opening Price for BANK OF CHINA LTD AD of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$10.36 ( 0.347%) $10.33

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BACHY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.50 1.73 %
R2 10.45 1.20 %
R1 10.42 0.87 %
Current price: 10.33
Support S1 10.31 -0.180 %
S2 10.27 -0.506 %
S3 10.22 -1.03 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 10.43 1.02 %
R1 10.37 0.436 %
Current price 10.33
Support S1 10.21 -1.11%
S2 10.15 -1.69%
S3 9.38 -9.15%

BACHY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 26, 2023 Jul 05, 2023 Aug 21, 2023 $0.84 10.22%
2 Jun 30, 2022 Jul 06, 2022 Aug 25, 2022 $0.87 9.89%
3 Mar 30, 2021 May 26, 2021 Jul 15, 2021 $0.749 8.43%
4 Jun 15, 2020 Jul 06, 2020 Aug 24, 2020 $0.675 8.12%
5 May 22, 2019 May 22, 2019 Jul 03, 2019 $0.684 6.50%

FAQ

What is the symbol for BANK OF CHINA LTD AD Stock and on which exchange is it traded?
The symbol for BANK OF CHINA LTD AD is BACHY and it is traded on the PINK (Pink Sheets).

Should I buy or sell BANK OF CHINA LTD AD Stock?
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 BANK OF CHINA LTD AD stock to perform well in the short-term.

How to buy BANK OF CHINA LTD AD Stock?
BANK OF CHINA LTD AD Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BANK OF CHINA LTD AD Stock.

What's the current price of BANK OF CHINA LTD AD Stock?
As of the end of day on the 2024-03-27, the price of an BANK OF CHINA LTD AD (BACHY) share was $10.33.

What is the 52-week high and low for BANK OF CHINA LTD AD Stock?
The 52-week high for BANK OF CHINA LTD AD Stock is $10.87 and the 52-week low is $8.16.

What is the market capitalization of BANK OF CHINA LTD AD Stock?
As of the 2024-03-27, the market capitalization of BANK OF CHINA LTD AD is 163.92B.
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About BANK OF CHINA LTD AD

BANK OF CHINA LTD AD Bank of China Limited, together with its subsidiaries, provides various banking and financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign currency, derivatives, and wealth management products to ... BACHY Profile

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