CDS Co.,Ltd. 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
Green day on Monday for CDS Co.,Ltd.
(Updated on May 20, 2024)
The CDS Co.,Ltd. stock price gained 0.618% on the last trading day (Monday, 20th May 2024), rising from JP¥1,781.00 to JP¥1,792.00. During the last trading day the stock fluctuated 0.90% from a day low at JP¥1,783.00 to a day high of JP¥1,799.00. The price has been going up and down for this period, and there has been a -0.72% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately JP¥6.45 million.
The stock lies in the middle of a narrow and weak 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 6.58% during the next 3 months and, with a 90% probability hold a price between JP¥1,897.99 and JP¥1,944.44 at the end of this 3-month period.
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2169.T Signals & Forecast
The CDS 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¥1,788.00 and JP¥1,781.00. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen -0.83%. 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). The stock had a Golden Star Signal on Tuesday, March 12, 2024 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 Tuesday, March 12, 2024 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 CDS Co.,Ltd. stock
CDS Co.,Ltd. finds support from accumulated volume at JP¥1,783.00 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¥16.00 between high and low, or 0.90%. For the last week the stock has had daily average volatility of 1.03%.
Our recommended stop-loss: JP¥1,719.01 (-4.07%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (2169.T) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect CDS Co.,Ltd. to open at JP¥1,791.33, and during the day (based on 14 day Average True Range), to move between JP¥1,773.96 and JP¥1,810.04, which gives a possible trading interval of +/-JP¥18.04 (+/-1.01%) up or down from last closing price. If CDS Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 2.01% 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¥1,783.00 (0.50%) than the resistance at JP¥1,805.00 (0.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is CDS 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 CDS Co.,Ltd. stock to perform well in the short-term.
Current score: 2.335 Buy Candidate Unchanged
Predicted Opening Price for CDS Co.,Ltd. of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| JP¥1,791.33 ( 0.0372%) | JP¥1,792.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2169.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,807.33 | 0.86 % | |
| R2 | 1,801.22 | 0.515 % | ||
| R1 | 1,797.45 | 0.304 % | ||
| Current price: | 1,792.00 | |||
| Support | S1 | 1,785.22 | -0.378 % | |
| S2 | 1,781.45 | -0.589 % | ||
| S3 | 1,775.33 | -0.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,807.00 | 0.84 % | |
| R2 | 1,806.00 | 0.781 % | ||
| R1 | 1,805.00 | 0.725 % | ||
| Current price | 1,792.00 | |||
| Support | S1 | 1,783.00 | -0.502% | |
| S2 | 1,778.00 | -0.781% | ||
| S3 | 1,774.00 | -1.00% |
2169 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥0 | 0% |
| 2 | Dec 29, 2023 | Dec 29, 2023 | Dec 29, 2023 | JP¥32.00 | 1.89% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥32.00 | 1.77% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥30.00 | 1.65% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥30.00 | 1.50% |
FAQ
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