Rezil Inc. Stock Forecast
Rezil Inc. stock price ended at JP¥1,665.00 on Friday, after losing 3.87%.
(Updated on Jun 28, 2024)
The Rezil Inc. stock price fell by -3.87% on the last day (Friday, 28th Jun 2024) from JP¥1,732.00 to JP¥1,665.00. During the last trading day the stock fluctuated 4.82% from a day low at JP¥1,661.00 to a day high of JP¥1,741.00. The price has been going up and down for this period, and there has been a 3.22% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -339 thousand shares and in total, 282 thousand shares were bought and sold for approximately JP¥470.20 million.
The stock lies in the middle of a wide and 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 21.88% during the next 3 months and, with a 90% probability hold a price between JP¥1,932.75 and JP¥2,199.86 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.
176A.T Signals & Forecast
The Rezil Inc. 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 JP¥1,663.71 and JP¥1,539.81. 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 Tuesday, June 25, 2024, and so far it has fallen -5.72%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Rezil Inc. stock
Rezil Inc. finds support from accumulated volume at JP¥1,638.00 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥80.00 between high and low, or 4.82%. For the last week, the stock has had daily average volatility of 7.88%.
Our recommended stop-loss: JP¥1,596.68 (-4.10%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (176A.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Rezil Inc. to open at JP¥1,689.00, and during the day (based on 14 day Average True Range), to move between JP¥1,535.98 and JP¥1,794.02, which gives a possible trading interval of +/-JP¥129.02 (+/-7.75%) up or down from last closing price. If Rezil Inc. takes out the full calculated possible swing range there will be an estimated 15.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥1,638.00 (1.62%) than the resistance at JP¥1,732.00 (4.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Rezil Inc. 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 Rezil Inc. stock to perform well in the short-term.
Current score: 1.819 Buy Candidate Unchanged
Predicted Opening Price for Rezil Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,689.00 ( 1.44%) | JP¥1,665.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 176A.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,769.00 | 6.25% |
| R2 | 1,738.44 | 4.41% |
| R1 | 1,719.56 | 3.28% |
| Price | 1,665.00 | |
| S1 | 1,658.44 | -0.394% |
| S2 | 1,639.56 | -1.53% |
| S3 | 1,609.00 | -3.36% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 1,766.00 | 6.07% |
| R1 | 1,732.00 | 4.02% |
| Price | 1,665.00 | |
| S1 | 1,638.00 | -1.62% |
| S2 | 1,415.00 | -15.02% |
| S3 | 1,328.00 | -20.24% |
176A Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥30.00 | 1.73% |
FAQ
Click here for our free guide on how to buy Rezil Inc. Stock.
