KOSHIDAKA HOLDINGS Co.,LTD. Stock Forecast
KOSHIDAKA HOLDINGS Co.,LTD. stock price up 0.461% on Tuesday
(Updated on Jul 02, 2024)
The KOSHIDAKA HOLDINGS Co.,LTD. stock price gained 0.461% on the last trading day (Tuesday, 2nd Jul 2024), rising from JP¥868.00 to JP¥872.00. It has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 1.61% from a day low at JP¥868.00 to a day high of JP¥882.00. The price has risen in 8 of the last 10 days and is up by 4.68% 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, 59 thousand more shares were traded than the day before. In total, 434 thousand shares were bought and sold for approximately JP¥378.71 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.73% during the next 3 months and, with a 90% probability hold a price between JP¥693.49 and JP¥821.13 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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2157.T Signals & Forecast
The KOSHIDAKA HOLDINGS Co.,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¥864.86 and JP¥848.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 27, 2024, and so far it has risen 7.65%. 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 KOSHIDAKA HOLDINGS Co.,LTD. stock
KOSHIDAKA HOLDINGS Co.,LTD. finds support from accumulated volume at JP¥867.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥14.00 between high and low, or 1.61%. For the last week the stock has had daily average volatility of 1.23%.
Since the KOSHIDAKA HOLDINGS Co.,LTD. has been rising for 7 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.
Our recommended stop-loss: JP¥837.99 (-3.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 55 days ago.)
Trading Expectations (2157.T) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect KOSHIDAKA HOLDINGS Co.,LTD. to open at JP¥874.00, and during the day (based on 14 day Average True Range), to move between JP¥856.04 and JP¥887.96, which gives a possible trading interval of +/-JP¥15.96 (+/-1.83%) up or down from last closing price. If KOSHIDAKA HOLDINGS Co.,LTD. takes out the full calculated possible swing range there will be an estimated 3.66% 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¥867.00 (0.57%) than the resistance at JP¥911.00 (4.47%), 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
KOSHIDAKA HOLDINGS Co.,LTD. will release earnings BMO on Wednesday, July 10, 2024. We will update the financials statements for KOSHIDAKA HOLDINGS Co.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.30% in the first trading day after earnings release.
Is KOSHIDAKA HOLDINGS Co.,LTD. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 2.071 Buy Candidate Unchanged
Predicted Opening Price for KOSHIDAKA HOLDINGS Co.,LTD. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| JP¥874.00 ( 0.229%) | JP¥872.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2157.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 888.00 | 1.83% |
| R2 | 882.65 | 1.22% |
| R1 | 879.35 | 0.84% |
| Price | 872.00 | |
| S1 | 868.65 | -0.384% |
| S2 | 865.35 | -0.763% |
| S3 | 860.00 | -1.38% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 998.00 | 14.45% |
| R2 | 996.00 | 14.22% |
| R1 | 911.00 | 4.47% |
| Price | 872.00 | |
| S1 | 867.00 | -0.573% |
| S2 | 861.00 | -1.26% |
| S3 | 810.00 | -7.11% |
2157 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 29, 2024 | Aug 29, 2024 | Nov 01, 2024 | JP¥7.00 | 0.80% |
| 2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥7.00 | 0.761% |
| 3 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥2.00 | 0.155% |
| 4 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥5.00 | 0.549% |
| 5 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥4.00 | 0.482% |
FAQ
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