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 FPAFY
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

On Wednesday, First Pacific Company Ltd stock price gained an impressive 5.75%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 08, 2024 Gain 20.10% PDF

The First Pacific Company Ltd stock price gained 5.75% on the last trading day (Wednesday, 27th Mar 2024), rising from $2.26 to $2.39. During the last trading day the stock fluctuated 4.33% from a day low at $2.31 to a day high of $2.41. The price has risen in 6 of the last 10 days and is up by 4.37% over the past 2 weeks. Volume fell on the last day by -14 thousand shares and in total, 46 thousand shares were bought and sold for approximately $110.33 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 upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $2.43 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 23.45% during the next 3 months and, with a 90% probability hold a price between $2.65 and $3.00 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

FPAFY Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.81%. 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 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. The First Pacific Company Ltd 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 $2.34 and $2.14. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for First Pacific Company Ltd stock

First Pacific Company Ltd finds support from accumulated volume at $2.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.100 between high and low, or 4.33%. For the last week the stock has had daily average volatility of 4.91%.

Our recommended stop-loss: $2.30 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect First Pacific Company Ltd to open at $2.37, and during the day (based on 14 day Average True Range), to move between $2.28 and $2.50, which gives a possible trading interval of +/-$0.108 (+/-4.50%) up or down from last closing price. If First Pacific Company Ltd takes out the full calculated possible swing range there will be an estimated 9.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.41 (0.82%) than the support at $2.34 (2.09%), 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 First Pacific Company Ltd 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 First Pacific Company Ltd stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.832 Buy Candidate Upgraded

Predicted Opening Price for First Pacific Company Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$2.37 ( 0.84%) $2.39

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

Trading levels for FPAFY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.47 3.35 %
R2 2.43 1.75 %
R1 2.41 0.762 %
Current price: 2.39
Support S1 2.33 -2.44 %
S2 2.31 -3.42 %
S3 2.27 -5.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 2.41 0.82 %
Current price 2.39
Support S1 2.34 -2.09%
S2 1.99 -16.74%
S3 1.96 -17.99%

FPAFY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 28, 2023 Sep 06, 2023 Oct 04, 2023 $0.0670 3.53%
2 Jun 16, 2023 Jun 20, 2023 Jul 21, 2023 $0.0730 3.88%
3 Sep 15, 2022 Sep 15, 2022 Oct 12, 2022 $0.0670 4.44%
4 Jun 17, 2022 Jun 22, 2022 Jul 15, 2022 $0.0640 3.23%
5 Sep 02, 2021 Sep 08, 2021 Oct 05, 2021 $0.0580 3.20%

FAQ

What is the symbol for First Pacific Company Ltd Stock and on which exchange is it traded?
The symbol for First Pacific Company Ltd is FPAFY and it is traded on the PINK (Pink Sheets).

Should I buy or sell First Pacific Company Ltd 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 First Pacific Company Ltd stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy First Pacific Company Ltd Stock?
First Pacific Company Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Pacific Company Ltd Stock.

What's the current price of First Pacific Company Ltd Stock?
As of the end of day on the 2024-03-27, the price of an First Pacific Company Ltd (FPAFY) share was $2.39.

What is the 52-week high and low for First Pacific Company Ltd Stock?
The 52-week high for First Pacific Company Ltd Stock is $2.47 and the 52-week low is $1.44.

What is the market capitalization of First Pacific Company Ltd Stock?
As of the 2024-03-27, the market capitalization of First Pacific Company Ltd is 2.027B.
Click to get the best stock tips daily for free!

About First Pacific Company Ltd

First Pacific Company Ltd First Pacific Company Limited, an investment management and holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and mobile networks. It also manufactures and distributes a... FPAFY Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT