mixi,Inc. Stock Forecast
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:
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
Evaluation of mixi,Inc. stock downgraded after the last trading session.
(Updated on May 02, 2024)
The mixi,Inc. stock price fell by -1.68% on the last day (Thursday, 2nd May 2024) from JP¥2,439.00 to JP¥2,398.00. During the last trading day the stock fluctuated 1.38% from a day low at JP¥2,387.00 to a day high of JP¥2,420.00. The price has been going up and down for this period, and there has been a -4% loss for the last 2 weeks. Volume has increased on the last day by 33 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, 402 thousand shares were bought and sold for approximately JP¥964.48 million.
Given the current short-term trend, the stock is expected to rise 2.26% during the next 3 months and, with a 90% probability hold a price between JP¥2,452.27 and JP¥2,817.29 at the end of this 3-month period.
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2121.T Signals & Forecast
There are few to no technical positive signals at the moment. The mixi,Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥2,437.71 and JP¥2,581.14. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -12.03%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Friday, December 29, 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 Friday, December 29, 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 mixi,Inc. stock
mixi,Inc. finds support from accumulated volume at JP¥2,385.00 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¥33.00 between high and low, or 1.38%. For the last week, the stock has had daily average volatility of 1.86%.
mixi,Inc. is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2121.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect mixi,Inc. to open at JP¥2,401.67, and during the day (based on 14 day Average True Range), to move between JP¥2,348.93 and JP¥2,447.07, which gives a possible trading interval of +/-JP¥49.07 (+/-2.05%) up or down from last closing price. If mixi,Inc. takes out the full calculated possible swing range there will be an estimated 4.09% 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¥2,385.00 (0.54%) than the resistance at JP¥2,426.00 (1.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
mixi,Inc. will release earnings BMO on Friday, May 10, 2024. We will update the financials statements for mixi,Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.56% in the first trading day after earnings release.
Is mixi,Inc. stock A Buy?
The mixi,Inc. stock holds several negative signals and despite the positive trend, we believe mixi,Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.783 Sell Candidate Downgraded
Predicted Opening Price for mixi,Inc. of Tuesday, May 7, 2024
Fair opening price May 7, 2024 | Current price |
---|---|
JP¥2,401.67 ( 0.153%) | JP¥2,398.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2121.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 2,434.67 | 1.53 % | |
R2 | 2,422.06 | 1.00 % | ||
R1 | 2,414.27 | 0.679 % | ||
Current price: | 2,398.00 | |||
Support | S1 | 2,389.06 | -0.373 % | |
S2 | 2,381.27 | -0.698 % | ||
S3 | 2,368.67 | -1.22 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 2,451.00 | 2.21 % | |
R2 | 2,439.00 | 1.71 % | ||
R1 | 2,426.00 | 1.17 % | ||
Current price | 2,398.00 | |||
Support | S1 | 2,385.00 | -0.542% | |
S2 | 0 | . | ||
S3 | 0 | . |
2121 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥55.00 | 2.04% |
2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥55.00 | 2.37% |
3 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥55.00 | 2.44% |
4 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥55.00 | 2.17% |
5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥55.00 | 1.97% |
FAQ
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