PERSOL HOLDINGS CO.,LTD. Stock Forecast
PERSOL HOLDINGS CO.,LTD. stock downgraded to Sell Candidate
(Updated on May 29, 2024)
The PERSOL HOLDINGS CO.,LTD. stock price fell by -1.17% on the last day (Wednesday, 29th May 2024) from JP¥222.60 to JP¥220.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.68% from a day low at JP¥220.00 to a day high of JP¥223.70. The price has fallen in 6 of the last 10 days and is down by -4.72% 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 -1 million shares and in total, 4 million shares were bought and sold for approximately JP¥791.12 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥217.14 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.15% during the next 3 months and, with a 90% probability hold a price between JP¥239.18 and JP¥266.47 at the end of this 3-month period.
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2181.T Signals & Forecast
There are few to no technical positive signals at the moment. The PERSOL HOLDINGS CO.,LTD. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at JP¥225.04 and JP¥221.10. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -7.91%. 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 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 PERSOL HOLDINGS CO.,LTD. stock
PERSOL HOLDINGS CO.,LTD. finds support from accumulated volume at JP¥219.20 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¥3.70 between high and low, or 1.68%. For the last week, the stock has had daily average volatility of 2.33%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2181.T) For The Upcoming Trading Day Of Thursday 30th
For the upcoming trading day on Thursday, 30th we expect PERSOL HOLDINGS CO.,LTD. to open at JP¥221.23, and during the day (based on 14 day Average True Range), to move between JP¥214.15 and JP¥225.85, which gives a possible trading interval of +/-JP¥5.85 (+/-2.66%) up or down from last closing price. If PERSOL HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.32% 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¥219.20 (0.36%) than the resistance at JP¥224.30 (1.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PERSOL HOLDINGS CO.,LTD. stock A Buy?
The PERSOL HOLDINGS CO.,LTD. stock holds several negative signals and despite the positive trend, we believe PERSOL HOLDINGS CO.,LTD. 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 Buy to a Sell candidate.
Current score: -3.217 Sell Candidate Downgraded
Predicted Opening Price for PERSOL HOLDINGS CO.,LTD. of Thursday, May 30, 2024
| Fair opening price May 30, 2024 | Current price |
|---|---|
| JP¥221.23 ( 0.561%) | JP¥220.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2181.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 224.93 | 2.24 % | |
| R2 | 223.52 | 1.60 % | ||
| R1 | 222.65 | 1.20 % | ||
| Current price: | 220.00 | |||
| Support | S1 | 219.82 | -0.0818 % | |
| S2 | 218.95 | -0.479 % | ||
| S3 | 217.53 | -1.12 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 236.70 | 7.59 % | |
| R2 | 233.90 | 6.32 % | ||
| R1 | 224.30 | 1.95 % | ||
| Current price | 220.00 | |||
| Support | S1 | 219.20 | -0.364% | |
| S2 | 203.60 | -7.45% | ||
| S3 | 201.20 | -8.55% |
2181 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥40.00 | 15.25% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥21.00 | 7.81% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥22.00 | 8.01% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥20.00 | 7.22% |
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