YAMAURA CORPORATION Stock Forecast
Stronger technical forecast for YAMAURA CORPORATION stock price after Wednesday trading.
(Updated on Jun 26, 2024)
The YAMAURA CORPORATION stock price fell by -0.584% on the last day (Wednesday, 26th Jun 2024) from JP¥1,369.00 to JP¥1,361.00. During the last trading day the stock fluctuated 1.34% from a day low at JP¥1,344.00 to a day high of JP¥1,362.00. The price has risen in 7 of the last 10 days and is up by 2.95% over the past 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 -7 thousand shares and in total, 34 thousand shares were bought and sold for approximately JP¥46.82 million.
The stock lies the upper part of a falling 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 JP¥1,385.25 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.87% during the next 3 months and, with a 90% probability hold a price between JP¥1,148.10 and JP¥1,262.45 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
1780.T Signals & Forecast
The YAMAURA CORPORATION 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¥1,329.14 and JP¥1,316.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 6.75%. Further rise is indicated until a new top pivot has been found. 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. 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 YAMAURA CORPORATION stock
YAMAURA CORPORATION finds support from accumulated volume at JP¥1,321.00 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 JP¥18.00 between high and low, or 1.34%. For the last week the stock has had daily average volatility of 1.97%.
Our recommended stop-loss: JP¥1,300.76 (-4.43%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (1780.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect YAMAURA CORPORATION to open at JP¥1,355.67, and during the day (based on 14 day Average True Range), to move between JP¥1,333.71 and JP¥1,388.29, which gives a possible trading interval of +/-JP¥27.29 (+/-2.00%) up or down from last closing price. If YAMAURA CORPORATION takes out the full calculated possible swing range there will be an estimated 4.01% 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¥1,321.00 (2.94%) than the resistance at JP¥1,445.00 (6.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is YAMAURA CORPORATION stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for 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: 3.081 Buy Candidate Upgraded
Predicted Opening Price for YAMAURA CORPORATION of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥1,355.67 ( 0.392%) | JP¥1,361.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 1780.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,373.67 | 0.93% |
| R2 | 1,366.79 | 0.425% |
| R1 | 1,362.54 | 0.113% |
| Price | 1,361.00 | |
| S1 | 1,348.79 | -0.90% |
| S2 | 1,344.54 | -1.21% |
| S3 | 1,337.67 | -1.71% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,520.00 | 11.68% |
| R2 | 1,452.00 | 6.69% |
| R1 | 1,445.00 | 6.17% |
| Price | 1,361.00 | |
| S1 | 1,321.00 | -2.94% |
| S2 | 1,301.00 | -4.41% |
| S3 | 1,299.00 | -4.56% |
1780 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 28, 2024 | JP¥2.50 | 0.184% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Dec 06, 2023 | JP¥2.50 | 0.171% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥2.50 | 0.229% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥2.50 | 0.257% |
FAQ
Click here for our free guide on how to buy YAMAURA CORPORATION Stock.
