Sekisui House,Ltd. Stock Forecast
Sekisui House,Ltd. stock price up 1.27% on Thursday
(Updated on May 02, 2024)
The Sekisui House,Ltd. stock price gained 1.27% on the last trading day (Thursday, 2nd May 2024), rising from JP¥3,621.00 to JP¥3,667.00. During the last trading day the stock fluctuated 1.83% from a day low at JP¥3,614.00 to a day high of JP¥3,680.00. The price has risen in 6 of the last 10 days and is up by 9.43% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 222 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately JP¥5.50 billion.
The stock lies in the upper part of a weak 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 JP¥3,669.75 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 9.35% during the next 3 months and, with a 90% probability hold a price between JP¥3,709.69 and JP¥4,012.81 at the end of this 3-month period.
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1928.T Signals & Forecast
The Sekisui House,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 JP¥3,590.57 and JP¥3,475.31. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 9.46%. 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 Sekisui House,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥3,473.00 and JP¥3,434.00. 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, Sekisui House,Ltd. finds support just below today's level at JP¥3,473.00. If this is broken, then the next support from accumulated volume will be at JP¥3,434.00 and JP¥3,340.00.
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¥66.00 (1.83%) between high and low. For the last week, the stock has had daily average volatility of 1.79%.
Our recommended stop-loss: JP¥3,526.92 (-3.82%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (1928.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Sekisui House,Ltd. to open at JP¥3,653.67, and during the day (based on 14 day Average True Range), to move between JP¥3,591.38 and JP¥3,742.62, which gives a possible trading interval of +/-JP¥75.62 (+/-2.06%) up or down from last closing price. If Sekisui House,Ltd. takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥3,473.00, some JP¥194.00 (5.29%) from the current price of JP¥3,667.00, our system finds the risk reward attractive.
Is Sekisui House,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 Sekisui House,Ltd. stock to perform well in the short-term.
Current score: 4.870 Buy Candidate Unchanged
Predicted Opening Price for Sekisui House,Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥3,653.67 ( 0.364%) | JP¥3,667.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 1928.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,719.67 | 1.44 % | |
| R2 | 3,694.45 | 0.749 % | ||
| R1 | 3,678.88 | 0.324 % | ||
| Current price: | 3,667.00 | |||
| Support | S1 | 3,628.45 | -1.05 % | |
| S2 | 3,612.88 | -1.48 % | ||
| S3 | 3,587.67 | -2.16 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 3,667.00 | |||
| Support | S1 | 3,473.00 | -5.29% | |
| S2 | 3,434.00 | -6.35% | ||
| S3 | 3,340.00 | -8.92% |
1928 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 30, 2024 | Jul 30, 2024 | Jul 30, 2024 | JP¥0 | 0% |
| 2 | Jul 28, 2023 | Jul 28, 2023 | Jul 28, 2023 | JP¥59.00 | 2.07% |
| 3 | Jan 30, 2023 | Jan 30, 2023 | Jan 30, 2023 | JP¥58.00 | 2.38% |
| 4 | Jul 28, 2022 | Jul 28, 2022 | Jul 28, 2022 | JP¥52.00 | 2.21% |
| 5 | Jan 28, 2022 | Jan 28, 2022 | Jan 28, 2022 | JP¥47.00 | 2.08% |
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