WDB HOLDINGS CO.,LTD. Stock Forecast
WDB HOLDINGS CO.,LTD. stock price ended at JP¥2,223.00 on Thursday, after losing 1.16%.
(Updated on May 09, 2024)
The WDB HOLDINGS CO.,LTD. stock price fell by -1.16% on the last day (Thursday, 9th May 2024) from JP¥2,249.00 to JP¥2,223.00. During the last trading day the stock fluctuated 1.57% from a day low at JP¥2,223.00 to a day high of JP¥2,258.00. The price has risen in 6 of the last 10 days and is up by 3.2% over the past 2 weeks. 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 -6 thousand shares and in total, 13 thousand shares were bought and sold for approximately JP¥28.01 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 -2.86% during the next 3 months and, with a 90% probability hold a price between JP¥2,048.67 and JP¥2,241.76 at the end of this 3-month period.
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2475.T Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The WDB HOLDINGS CO.,LTD. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥2,247.43 and JP¥2,257.91. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen -1.81%. Further fall is indicated until a new bottom pivot has been found. 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 WDB HOLDINGS CO.,LTD. stock
WDB HOLDINGS CO.,LTD. finds support from accumulated volume at JP¥2,190.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥35.00 (1.57%) between high and low. For the last week, the stock has had daily average volatility of 1.30%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2475.T) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect WDB HOLDINGS CO.,LTD. to open at JP¥2,234.67, and during the day (based on 14 day Average True Range), to move between JP¥2,184.82 and JP¥2,261.18, which gives a possible trading interval of +/-JP¥38.18 (+/-1.72%) up or down from last closing price. If WDB HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.43% 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¥2,249.00 (1.17%) than the support at JP¥2,190.00 (1.48%), 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.
Earnings coming up
WDB HOLDINGS CO.,LTD. will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for WDB HOLDINGS CO.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.29% in the first trading day after earnings release.
Is WDB HOLDINGS CO.,LTD. stock A Buy?
WDB HOLDINGS CO.,LTD. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.216 Sell Candidate Unchanged
Predicted Opening Price for WDB HOLDINGS CO.,LTD. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| JP¥2,234.67 ( 0.525%) | JP¥2,223.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2475.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,269.67 | 2.10 % | |
| R2 | 2,256.30 | 1.50 % | ||
| R1 | 2,248.04 | 1.13 % | ||
| Current price: | 2,223.00 | |||
| Support | S1 | 2,221.30 | -0.0766 % | |
| S2 | 2,213.04 | -0.448 % | ||
| S3 | 2,199.67 | -1.05 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,318.00 | 4.27 % | |
| R2 | 2,317.00 | 4.23 % | ||
| R1 | 2,249.00 | 1.17 % | ||
| Current price | 2,223.00 | |||
| Support | S1 | 2,190.00 | -1.48% | |
| S2 | 2,154.00 | -3.10% | ||
| S3 | 2,122.00 | -4.54% |
2475 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥31.00 | 1.56% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥20.50 | 0.83% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥30.00 | 1.10% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥19.50 | 0.552% |
FAQ
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