GAKUJO CO.,Ltd. Stock Forecast
GAKUJO CO.,Ltd. stock price ended at JP¥1,960.00 on Wednesday, after gaining 0.461%.
(Updated on Jun 26, 2024)
The GAKUJO CO.,Ltd. stock price gained 0.461% on the last trading day (Wednesday, 26th Jun 2024), rising from JP¥1,951.00 to JP¥1,960.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.03% from a day low at JP¥1,951.00 to a day high of JP¥1,971.00. The price has risen in 8 of the last 10 days and is up by 6.99% 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, 600 more shares were traded than the day before. In total, 36 thousand shares were bought and sold for approximately JP¥70.76 million.
The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at JP¥1,964.44 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.35% during the next 3 months and, with a 90% probability hold a price between JP¥1,842.78 and JP¥2,069.55 at the end of this 3-month period.
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2301.T Signals & Forecast
Mostly positive signals in the chart today. The GAKUJO 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¥1,940.57 and JP¥1,816.83. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 14.15%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Wednesday, April 10, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 07, 2024.
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
The stock had a Golden Star Signal on Wednesday, April 10, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 07, 2024.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 Wednesday, April 10, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 07, 2024.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 GAKUJO CO.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,800.00 and JP¥1,770.00. 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, GAKUJO CO.,Ltd. finds support just below today's level at JP¥1,800.00. If this is broken, then the next support from accumulated volume will be at JP¥1,770.00 and JP¥1,758.00.
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¥20.00 between high and low, or 1.03%. For the last week, the stock has had daily average volatility of 1.78%.
The GAKUJO CO.,Ltd. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: JP¥1,894.14 (-3.36%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 82 and this increases the risk substantially. There is a buy signal from a pivot bottom found 36 days ago.)
Trading Expectations (2301.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect GAKUJO CO.,Ltd. to open at JP¥1,960.67, and during the day (based on 14 day Average True Range), to move between JP¥1,919.66 and JP¥2,000.34, which gives a possible trading interval of +/-JP¥40.34 (+/-2.06%) up or down from last closing price. If GAKUJO CO.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥1,800.00, some JP¥160.00 (8.16%) from the current price of JP¥1,960.00, our system finds the risk reward attractive.
Is GAKUJO 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 GAKUJO CO.,Ltd. stock to perform well in the short-term.
Current score: 3.824 Buy Candidate Unchanged
Predicted Opening Price for GAKUJO CO.,Ltd. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥1,960.67 ( 0.0340%) | JP¥1,960.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2301.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,980.67 | 1.05% |
| R2 | 1,973.03 | 0.665% |
| R1 | 1,968.31 | 0.424% |
| Price | 1,960.00 | |
| S1 | 1,953.03 | -0.356% |
| S2 | 1,948.31 | -0.597% |
| S3 | 1,940.67 | -0.99% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 1,960.00 | |
| S1 | 1,800.00 | -8.16% |
| S2 | 1,770.00 | -9.69% |
| S3 | 1,758.00 | -10.31% |
2301 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 30, 2024 | Oct 30, 2024 | Jan 01, 2025 | JP¥26.00 | 1.33% |
| 2 | Apr 26, 2024 | Apr 26, 2024 | Jul 01, 2024 | JP¥26.00 | 1.33% |
| 3 | Oct 30, 2023 | Oct 30, 2023 | Jan 29, 2024 | JP¥27.00 | 1.52% |
| 4 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | JP¥24.00 | 1.51% |
| 5 | Oct 28, 2022 | Oct 28, 2022 | Oct 28, 2022 | JP¥25.00 | 1.74% |
FAQ
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