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Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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 1801.T
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TAISEI CORPORATION stock upgraded to Buy Candidate.
(Updated on Jun 26, 2024)

Buy candidate since Jun 26, 2024 PDF

The TAISEI CORPORATION stock price gained 3.30% on the last trading day (Wednesday, 26th Jun 2024), rising from JP¥5,820.00 to JP¥6,012.00. During the last trading day the stock fluctuated 2.37% from a day low at JP¥5,953.00 to a day high of JP¥6,094.00. The price has been going up and down for this period, and there has been a 2.07% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 368 thousand more shares were traded than the day before. In total, 849 thousand shares were bought and sold for approximately JP¥5.11 billion.

The stock lies in the middle of a wide and weak 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 9.07% during the next 3 months and, with a 90% probability hold a price between JP¥6,130.34 and JP¥6,889.77 at the end of this 3-month period.

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1801.T Signals & Forecast

The TAISEI CORPORATION stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥5,847.14 and JP¥5,864.57. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 5.07%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for TAISEI CORPORATION stock

On the downside, the stock finds support just below today's level from accumulated volume at JP¥5,617.00 and JP¥5,576.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, TAISEI CORPORATION finds support just below today's level at JP¥5,617.00. If this is broken, then the next support from accumulated volume will be at JP¥5,576.00 and JP¥5,512.00.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥141.00 (2.37%) between high and low. For the last week, the stock has had daily average volatility of 1.90%.

Our recommended stop-loss: JP¥5,672.05 (-5.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (1801.T) For The Upcoming Trading Day Of Thursday 27th

For the upcoming trading day on Thursday, 27th we expect TAISEI CORPORATION to open at JP¥6,019.67, and during the day (based on 14 day Average True Range), to move between JP¥5,852.72 and JP¥6,171.28, which gives a possible trading interval of +/-JP¥159.28 (+/-2.65%) up or down from last closing price. If TAISEI CORPORATION takes out the full calculated possible swing range there will be an estimated 5.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at JP¥6,064.00 (0.86%) than the support at JP¥5,617.00 (6.57%), 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 TAISEI CORPORATION 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 TAISEI CORPORATION stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.654 Buy Candidate Upgraded

Predicted Opening Price for TAISEI CORPORATION of Thursday, June 27, 2024

Fair opening price June 27, 2024 Current price
JP¥6,019.67 ( 0.128%) JP¥6,012.00

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

Trading levels for 1801.T

Fibonacci Support & Resistance Levels

Level Price
R3 6,160.67 2.47%
R2 6,106.80 1.58%
R1 6,073.53 1.02%
Price 6,012.00
S1 5,965.80 -0.768%
S2 5,932.53 -1.32%
S3 5,878.67 -2.22%

Accumulated Volume Support & Resistance Levels

Level Price
R3 6,151.00 2.31%
R2 6,094.00 1.36%
R1 6,064.00 0.86%
Price 6,012.00
S1 5,617.00 -6.57%
S2 5,576.00 -7.25%
S3 5,512.00 -8.32%

1801 Dividend Payout History


# Declaration Date 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 21, 2024 JP¥65.00 1.11%
3 Sep 28, 2023 Sep 28, 2023 Dec 04, 2023 JP¥65.00 1.31%
4 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥65.00 1.61%
5 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥65.00 1.60%

FAQ

What is the symbol for TAISEI CORPORATION Stock and on which exchange is it traded?
The symbol for TAISEI CORPORATION is 1801.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell TAISEI CORPORATION 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 TAISEI CORPORATION stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

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

What's the current price of TAISEI CORPORATION Stock?
As of the end of day on the Jun 26, 2024, the price of an TAISEI CORPORATION (1801.T) share was JP¥6,012.00.

What is the 52-week high and low for TAISEI CORPORATION Stock?
The 52-week high for TAISEI CORPORATION Stock is JP¥6,329.00 and the 52-week low is JP¥4,624.00.

What is the market capitalization of TAISEI CORPORATION Stock?
As of the Jun 26, 2024, the market capitalization of TAISEI CORPORATION is 1.109T.

When is the next earnings date for TAISEI CORPORATION?
The upcoming earnings date for TAISEI CORPORATION is Aug 05, 2024.
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About TAISEI CORPORATION

TAISEI CORPORATION Taisei Corporation engages in the civil engineering, construction contracts, and real estate development businesses in Japan and internationally. The company constructs offices, commercial facilities, factories, schools, hospitals, tunnels, bridges, dams, railways, expressways, etc.; and engineers production facilities and warehouses in the fields of pharmaceuticals, food products, and logistics. It is also involved in the redevelopment of projec... 1801.T Profile

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