Shin Nippon Air Technologies Co.,Ltd. Stock Forecast
Shin Nippon Air Technologies Co.,Ltd. stock price ended at JP¥3,365.00 on Wednesday, after losing 1.32%.
(Updated on Mar 27, 2024)
The Shin Nippon Air Technologies Co.,Ltd. stock price fell by -1.32% on the last day (Wednesday, 27th Mar 2024) from JP¥3,410.00 to JP¥3,365.00. During the last trading day the stock fluctuated 2.69% from a day low at JP¥3,350.00 to a day high of JP¥3,440.00. The price has risen in 6 of the last 10 days and is up by 15.32% over the past 2 weeks. Volume has increased on the last day by 8 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 107 thousand shares were bought and sold for approximately JP¥358.71 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 35.74% during the next 3 months and, with a 90% probability hold a price between JP¥4,134.57 and JP¥4,843.29 at the end of this 3-month period.
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1952.T Signals & Forecast
The Shin Nippon Air Technologies Co.,Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥3,371.43. On a fall, the stock will find some support from the long-term average at approximately JP¥2,945.54. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, March 25, 2024, and so far it has fallen -4.81%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Thursday, April 13, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, April 13, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Shin Nippon Air Technologies Co.,Ltd. stock
Shin Nippon Air Technologies Co.,Ltd. finds support from accumulated volume at JP¥3,250.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥90.00 between high and low, or 2.69%. For the last week, the stock has had daily average volatility of 3.56%.
Our recommended stop-loss: JP¥3,219.25 (-4.33%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (1952.T) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Shin Nippon Air Technologies Co.,Ltd. to open at JP¥3,385.00, and during the day (based on 14 day Average True Range), to move between JP¥3,259.46 and JP¥3,470.54, which gives a possible trading interval of +/-JP¥105.54 (+/-3.14%) up or down from last closing price. If Shin Nippon Air Technologies Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.27% 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¥3,410.00 (1.34%) than the support at JP¥3,250.00 (3.42%), 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 Shin Nippon Air Technologies Co.,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 Shin Nippon Air Technologies Co.,Ltd. stock to perform well in the short-term.
Current score: 2.718 Buy Candidate Unchanged
Predicted Opening Price for Shin Nippon Air Technologies Co.,Ltd. of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
JP¥3,385.00 ( 0.594%) | JP¥3,365.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 1952.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 3,475.00 | 3.27 % | |
R2 | 3,440.62 | 2.25 % | ||
R1 | 3,419.38 | 1.62 % | ||
Current price: | 3,365.00 | |||
Support | S1 | 3,350.62 | -0.427 % | |
S2 | 3,329.38 | -1.06 % | ||
S3 | 3,295.00 | -2.08 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 3,535.00 | 5.05 % | |
R2 | 3,455.00 | 2.67 % | ||
R1 | 3,410.00 | 1.34 % | ||
Current price | 3,365.00 | |||
Support | S1 | 3,250.00 | -3.42% | |
S2 | 2,725.00 | -19.02% | ||
S3 | 2,720.00 | -19.17% |
1952 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥5.00 | 0.266% |
2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥20.00 | 1.10% |
3 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥10.00 | 0.507% |
4 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥20.00 | 0.83% |
5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥15.00 | 0.608% |
FAQ
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