F@N Communications Inc. 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
F@N Communications Inc. stock downgraded to Hold/Accumulate
(Updated on Jun 28, 2024)
No changes to the price of F@N Communications Inc. stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 0.482% from a day low at JP¥415.00 to a day high of JP¥417.00. The price has risen in 5 of the last 10 days and is up by 0.97% over the past 2 weeks.
The stock lies in the upper part of a narrow 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¥417.21 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.22% during the next 3 months and, with a 90% probability hold a price between JP¥420.15 and JP¥430.64 at the end of this 3-month period.
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2461.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, June 27, 2024, and so far it has fallen 0%. 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 during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The F@N Communications Inc. 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¥413.43 and JP¥411.00. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Thursday, April 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 17, 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, April 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 17, 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, April 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 17, 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 F@N Communications Inc. stock
F@N Communications Inc. finds support from accumulated volume at JP¥411.00 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¥2.00 between high and low, or 0.482%. For the last week the stock has had daily average volatility of 0.88%.
Our recommended stop-loss: JP¥401.24 (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 49 days ago.)
Trading Expectations (2461.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect F@N Communications Inc. to open at JP¥416.33, and during the day (based on 14 day Average True Range), to move between JP¥413.35 and JP¥420.65, which gives a possible trading interval of +/-JP¥3.65 (+/-0.87%) up or down from last closing price. If F@N Communications Inc. takes out the full calculated possible swing range there will be an estimated 1.75% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥411.00, some JP¥6.00 (1.44%) from the current price of JP¥417.00, our system finds the risk reward attractive.
Is F@N Communications Inc. stock A Buy?
F@N Communications Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. 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 Hold/Accumulate candidate.
Current score: 0.372 Hold/Accumulate Downgraded
Predicted Opening Price for F@N Communications Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥416.33 ( 0.160%) | JP¥417.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2461.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 418.33 | 0.320% |
| R2 | 417.57 | 0.137% |
| R1 | 417.10 | 0.0233% |
| Price | 417.00 | |
| S1 | 415.57 | -0.343% |
| S2 | 415.10 | -0.456% |
| S3 | 414.33 | -0.639% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 417.00 | |
| S1 | 411.00 | -1.44% |
| S2 | 410.00 | -1.68% |
| S3 | 404.00 | -3.12% |
2461 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 28, 2024 | JP¥19.00 | 4.76% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥19.00 | 4.68% |
| 4 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥19.00 | 4.71% |
| 5 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥19.00 | 4.57% |
FAQ
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