SINO HUA-AN INTERNATIONAL BERHAD (2739.KL) shares are showing positive momentum over the past week as the stock has clocked in with gains of -9.84%. In taking a look at recent performance, we can see that shares have moved 30.95% over the past 4-weeks, 1471.43% over the past half year and 2100.00% over the past full year.
With the stock market still riding high, bear market scenarios may not be at the forefront of the average investor’s mind. There are plenty of professionals out there that are predicting that the markets will be turning south in the near future. There are others who believe that the bulls are still in control, and they will be leading the charge higher over the next few months. Nobody knows for sure which scenario will play out, but being ready for any market situation may turn out to be a portfolio savior in the long-term. Any time the stock market drops sharply or sees sustained losses, investors may start to worry. These declines are usually followed by extreme headlines from financial news outlets. It is important to remember that corrections are a normal part of market cycles. Being able to control panic and pessimism may be a great skill for the investor to use when times get tough. Knowing exactly what stocks are in the portfolio can help make unsettling market conditions bearable for investors. If the hard research has been done and the plan is in motion, there may not be any need to second guess and cause more problems before things turn around and smooth out.
Traders are keeping a keen eye on shares of SINO HUA-AN INTERNATIONAL BERHAD (2739.KL). The Average Directional Index or ADX may prove to be an important tool for trading and investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX is resting at 34.26. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, SINO HUA-AN INTERNATIONAL BERHAD (2739.KL)’s Williams Percent Range or 14 day Williams %R is resting at -53.49. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.
When performing stock analysis, investors and traders may opt to view technical levels. SINO HUA-AN INTERNATIONAL BERHAD (2739.KL) presently has a 14-day Commodity Channel Index (CCI) of -53.78. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.
Checking in on moving averages, the 200-day is at 0.18, the 50-day is 0.39, and the 7-day is sitting at 0.58. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. MA’s can be calculated for any time period, but two very popular time frames are the 50-day and 200-day moving averages.
Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 56.93, the 7-day is 48.96, and the 3-day is currently at 40.57 for SINO HUA-AN INTERNATIONAL BERHAD (2739.KL). The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 would indicate oversold conditions. As always, the values may need to be adjusted based on the specific stock and market. RSI can also be a valuable tool for trying to spot larger market turns.
SINO HUA-AN INTERNATIONAL BERHAD (2739.KL) Shares in Focus as They Run -9.84% Lower For the Week
(At the time this blog create, price at RM 0.495) (Syariah)
Stock that must have in portfolio should be Huaan. Some say this stock already high and high risk to enter. Then normally in bursa malaysia, the more you scared the more price will be up then you become more scared. Some say this stock rally from 4.12.17 RM 0.230 to 29.12.17 RM 0.390 because of coke price up and others good news, but for me one factor that this stock must buy because of their upcoming quarter report.
Share price not make new high because of no reason. I believe traders / invester accumulate and buy this stock for upcoming quarter report that will show a huge net profit compare to last year.
If you look at the malaysiastock.biz, last qr out at 27 Feb. 2017. Some will think 2018 also must out by Febuary 2018. But take a look before that qr, out by 28 Nov. 2016, but 2017 it out in October. So base my calculation, new financial qr 31 Dec 2017 should be out in this month (January). My expectation revenue for upcoming quarting should be around 320,000 and net profit around 43,000 eps 4-6. This just prediction only. Make decision yourself.
With election mood and dow jones make new high almost everyday, my target price for this stock at RM 0.620 (in January), but if qr out on Febuary, target increase to RM 0.820. Happe trading and make own decision.
@acw2368 how do you conclude Huaan has strong fundamental? What you take into consideration? Ask for learning purpose, not challenging you, don’t get me wrong ya
with the US drop and many investor sell off, Huaan still manage to rebound. This shows that there are real interest in this stock and smart investors wiling to put real money in it.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2018-02-06 11:35 | Report Abuse
this scary? 1997,1998,2008 more teruk. nestle still 114.00 no limit down yet. in 1997 2nd board stocks many limit down