EPCO Co.,Ltd. Stock Forecast
Green day on Tuesday for EPCO Co.,Ltd. stock after gaining 0.242%
(Updated on Jun 25, 2024)
The EPCO Co.,Ltd. stock price gained 0.242% on the last trading day (Tuesday, 25th Jun 2024), rising from JP¥826.00 to JP¥828.00. 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 0.605% from a day low at JP¥826.00 to a day high of JP¥831.00. The price has risen in 5 of the last 10 days and is up by 0.85% 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, 16 thousand more shares were traded than the day before. In total, 33 thousand shares were bought and sold for approximately JP¥27.24 million.
The stock lies in the middle of a 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 -5.38% during the next 3 months and, with a 90% probability hold a price between JP¥751.46 and JP¥791.77 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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2311.T Signals & Forecast
Mostly positive signals in the chart today. The EPCO 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¥822.71 and JP¥820.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 2.48%. 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 Thursday, June 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 15, 2023.
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 Thursday, June 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 15, 2023.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 Thursday, June 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 15, 2023.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 EPCO Co.,Ltd. stock
EPCO Co.,Ltd. finds support from accumulated volume at JP¥820.00 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¥5.00 between high and low, or 0.605%. For the last week the stock has had daily average volatility of 0.755%.
Our recommended stop-loss: JP¥782.60 (-5.48%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)
Trading Expectations (2311.T) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect EPCO Co.,Ltd. to open at JP¥828.33, and during the day (based on 14 day Average True Range), to move between JP¥820.01 and JP¥835.99, which gives a possible trading interval of +/-JP¥7.99 (+/-0.96%) up or down from last closing price. If EPCO Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 1.93% 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¥830.00 (0.24%) than the support at JP¥820.00 (0.97%), 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.
Is EPCO 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: 2.464 Buy Candidate Unchanged
Predicted Opening Price for EPCO Co.,Ltd. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| JP¥828.33 ( 0.0403%) | JP¥828.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2311.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 833.33 | 0.644% |
| R2 | 831.42 | 0.413% |
| R1 | 830.24 | 0.271% |
| Price | 828.00 | |
| S1 | 826.42 | -0.190% |
| S2 | 825.24 | -0.333% |
| S3 | 823.33 | -0.564% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 863.00 | 4.23% |
| R2 | 851.00 | 2.78% |
| R1 | 830.00 | 0.242% |
| Price | 828.00 | |
| S1 | 820.00 | -0.97% |
| S2 | 819.00 | -1.09% |
| S3 | 809.00 | -2.29% |
2311 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥14.00 | 1.69% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 27, 2024 | JP¥18.00 | 2.12% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥14.00 | 1.89% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥18.00 | 2.56% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥14.00 | 1.87% |
FAQ
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