ValueCommerce Co.,Ltd. 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
Weaker technical forecast for ValueCommerce Co.,Ltd. as stock downgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
The ValueCommerce Co.,Ltd. stock price fell by -1.42% on the last day (Friday, 28th Jun 2024) from JP¥1,196.00 to JP¥1,179.00. During the last trading day the stock fluctuated 3.43% from a day low at JP¥1,165.00 to a day high of JP¥1,205.00. The price has fallen in 7 of the last 10 days and is down by -3.99% for this period. 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 -70 thousand shares and in total, 179 thousand shares were bought and sold for approximately JP¥211.28 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.86% during the next 3 months and, with a 90% probability hold a price between JP¥1,364.06 and JP¥1,538.89 at the end of this 3-month period.
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2491.T Signals & Forecast
The ValueCommerce Co.,Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥1,211.86. On a fall, the stock will find some support from the long-term average at approximately JP¥1,161.94. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -5.83%. 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 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 ValueCommerce Co.,Ltd. stock
ValueCommerce Co.,Ltd. finds support from accumulated volume at JP¥1,166.00 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¥40.00 (3.43%) between high and low. For the last week, the stock has had daily average volatility of 2.23%.
Our recommended stop-loss: JP¥1,123.32 (-4.72%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)
Trading Expectations (2491.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect ValueCommerce Co.,Ltd. to open at JP¥1,183.00, and during the day (based on 14 day Average True Range), to move between JP¥1,150.16 and JP¥1,207.84, which gives a possible trading interval of +/-JP¥28.84 (+/-2.45%) up or down from last closing price. If ValueCommerce Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.89% 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¥1,166.00 (1.10%) than the resistance at JP¥1,196.00 (1.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ValueCommerce Co.,Ltd. stock A Buy?
ValueCommerce Co.,Ltd. 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: 0.952 Hold/Accumulate Downgraded
Predicted Opening Price for ValueCommerce Co.,Ltd. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,183.00 ( 0.339%) | JP¥1,179.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2491.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,223.00 | 3.73% |
| R2 | 1,207.72 | 2.44% |
| R1 | 1,198.28 | 1.64% |
| Price | 1,179.00 | |
| S1 | 1,167.72 | -0.96% |
| S2 | 1,158.28 | -1.76% |
| S3 | 1,143.00 | -3.05% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,206.00 | 2.29% |
| R2 | 1,202.00 | 1.95% |
| R1 | 1,196.00 | 1.44% |
| Price | 1,179.00 | |
| S1 | 1,166.00 | -1.10% |
| S2 | 1,140.00 | -3.31% |
| S3 | 1,060.00 | -10.09% |
2491 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥25.00 | 2.12% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Mar 05, 2024 | JP¥28.00 | 2.56% |
| 4 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥25.00 | 1.82% |
| 5 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥29.00 | 1.62% |
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