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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 2484.T
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Stronger technical forecast for YUME NO MACHI SOUZOU IINKAI CO.,LTD stock price after Friday trading.
(Updated on Apr 26, 2024)

Sell candidate since Apr 16, 2024 Loss -12.66% PDF

The YUME NO MACHI SOUZOU IINKAI CO.,LTD stock price gained 2.22% on the last trading day (Friday, 26th Apr 2024), rising from JP¥270.00 to JP¥276.00. During the last trading day the stock fluctuated 5.30% from a day low at JP¥264.00 to a day high of JP¥278.00. The price has fallen in 7 of the last 10 days and is down by -17.37% for this period. Volume fell on the last day by -698 thousand shares and in total, 2 million shares were bought and sold for approximately JP¥539.86 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥267.60 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -31.70% during the next 3 months and, with a 90% probability hold a price between JP¥182.76 and JP¥215.40 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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2484.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 2.22%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The YUME NO MACHI SOUZOU IINKAI 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¥296.00 and JP¥330.43. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for YUME NO MACHI SOUZOU IINKAI CO.,LTD stock

YUME NO MACHI SOUZOU IINKAI CO.,LTD finds support from accumulated volume at JP¥270.00 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¥14.00 between high and low, or 5.30%. For the last week, the stock has had daily average volatility of 6.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (2484.T) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect YUME NO MACHI SOUZOU IINKAI CO.,LTD to open at JP¥272.67, and during the day (based on 14 day Average True Range), to move between JP¥261.89 and JP¥290.11, which gives a possible trading interval of +/-JP¥14.11 (+/-5.11%) up or down from last closing price. If YUME NO MACHI SOUZOU IINKAI CO.,LTD takes out the full calculated possible swing range there will be an estimated 10.22% 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¥270.00 (2.17%) than the resistance at JP¥303.00 (9.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is YUME NO MACHI SOUZOU IINKAI CO.,LTD stock A Buy?

YUME NO MACHI SOUZOU IINKAI CO.,LTD holds several negative signals and is within a wide and 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.460 Sell Candidate Upgraded

Predicted Opening Price for YUME NO MACHI SOUZOU IINKAI CO.,LTD of Tuesday, April 30, 2024

Fair opening price April 30, 2024 Current price
JP¥272.67 ( 1.21%) JP¥276.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 2484.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 286.67 3.86 %
R2 281.32 1.93 %
R1 278.01 0.730 %
Current price: 276.00
Support S1 267.32 -3.15 %
S2 264.01 -4.34 %
S3 258.67 -6.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 337.00 22.10 %
R2 316.00 14.49 %
R1 303.00 9.78 %
Current price 276.00
Support S1 270.00 -2.17%
S2 0 .
S3 0 .

2484 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 29, 2019 Aug 29, 2019 Aug 29, 2019 JP¥3.60 0.251%
2 Aug 29, 2018 Aug 29, 2018 Aug 29, 2018 JP¥3.60 0.113%
3 Aug 29, 2017 Aug 29, 2017 Aug 29, 2017 JP¥3.30 0.188%
4 Aug 29, 2016 Aug 29, 2016 Aug 29, 2016 JP¥2.50 0.556%
5 Aug 27, 2015 Aug 27, 2015 Aug 27, 2015 JP¥1.75 0.646%

FAQ

What is the symbol for YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock and on which exchange is it traded?
The symbol for YUME NO MACHI SOUZOU IINKAI CO.,LTD is 2484.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock?
YUME NO MACHI SOUZOU IINKAI CO.,LTD holds several negative signals and is within a wide and 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock?
YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock.

What's the current price of YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock?
As of the end of day on the Apr 26, 2024, the price of an YUME NO MACHI SOUZOU IINKAI CO.,LTD (2484.T) share was JP¥276.00.

What is the 52-week high and low for YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock?
The 52-week high for YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock is JP¥608.00 and the 52-week low is JP¥264.00.

What is the market capitalization of YUME NO MACHI SOUZOU IINKAI CO.,LTD Stock?
As of the Apr 26, 2024, the market capitalization of YUME NO MACHI SOUZOU IINKAI CO.,LTD is 36.475B.

When is the next earnings date for YUME NO MACHI SOUZOU IINKAI CO.,LTD?
The upcoming earnings date for YUME NO MACHI SOUZOU IINKAI CO.,LTD is Jul 10, 2024.
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About YUME NO MACHI SOUZOU IINKAI CO.,LTD

YUME NO MACHI SOUZOU IINKAI LTD Demae-Can Co.,Ltd operates online delivery site Demae-can in Japan. It provides food delivery services, including pizza, bento boxed meals, Chinese, sushi, western cuisine, liquor, and other services. The company was formerly known as Yume no Machi Souzou Iinkai Co., Ltd. Demae-Can Co., Ltd was incorporated in 1999 and is headquartered in Tokyo, Japan.... 2484.T Profile

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