Nihon M&A Center Inc. Stock Forecast
Stronger technical forecast for Nihon M&A Center Inc. stock price after Thursday trading.
(Updated on Apr 25, 2024)
The Nihon M&A Center Inc. stock price fell by -1.43% on the last day (Thursday, 25th Apr 2024) from JP¥871.20 to JP¥858.70. During the last trading day the stock fluctuated 1.96% from a day low at JP¥856.70 to a day high of JP¥873.50. The price has fallen in 6 of the last 10 days and is down by -5.69% for this period. 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 -170 thousand shares and in total, 2 million shares were bought and sold for approximately JP¥1.45 billion.
The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥840.07 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.37% during the next 3 months and, with a 90% probability hold a price between JP¥820.17 and JP¥1,002.80 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
2127.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.02%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nihon M&A Center 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¥859.23 and JP¥928.42. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Nihon M&A Center Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥774.20 and JP¥765.50. 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, Nihon M&A Center Inc. finds support just below today's level at JP¥774.20. If this is broken, then the next support from accumulated volume will be at JP¥765.50 and JP¥755.20.
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¥16.80 between high and low, or 1.96%. For the last week, the stock has had daily average volatility of 2.56%.
Our recommended stop-loss: JP¥809.81 (-5.69%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (2127.T) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Nihon M&A Center Inc. to open at JP¥862.97, and during the day (based on 14 day Average True Range), to move between JP¥833.04 and JP¥884.36, which gives a possible trading interval of +/-JP¥25.66 (+/-2.99%) up or down from last closing price. If Nihon M&A Center Inc. takes out the full calculated possible swing range there will be an estimated 5.98% 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¥892.10 (3.89%) than the support at JP¥774.20 (9.84%), 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.
Earnings coming up
Nihon M&A Center Inc. will release earnings BMO on Tuesday, April 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $11.11. We will update the financials statements for Nihon M&A Center Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.06% in the first trading day after earnings release.
Is Nihon M&A Center Inc. stock A Buy?
Nihon M&A Center Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.512 Hold/Accumulate Upgraded
Predicted Opening Price for Nihon M&A Center Inc. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| JP¥862.97 ( 0.497%) | JP¥858.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2127.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 879.77 | 2.45 % | |
| R2 | 873.35 | 1.71 % | ||
| R1 | 869.38 | 1.24 % | ||
| Current price: | 858.70 | |||
| Support | S1 | 856.55 | -0.250 % | |
| S2 | 852.58 | -0.712 % | ||
| S3 | 846.17 | -1.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 950.60 | 10.70 % | |
| R2 | 894.20 | 4.13 % | ||
| R1 | 892.10 | 3.89 % | ||
| Current price | 858.70 | |||
| Support | S1 | 774.20 | -9.84% | |
| S2 | 765.50 | -10.85% | ||
| S3 | 755.20 | -12.05% |
2127 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥12.00 | 1.23% |
| 2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥11.00 | 0.674% |
| 3 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥1.00 | 0.0561% |
| 4 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥2.00 | 0.0615% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥6.50 | 0.215% |
FAQ
Click here for our free guide on how to buy Nihon M&A Center Inc. Stock.
