Lawson,Inc. Stock Forecast
Lawson,Inc. stock downgraded from Hold/Accumulate to Sell Candidate after Friday trading session.
(Updated on May 10, 2024)
The Lawson,Inc. stock price gained 0.0483% on the last trading day (Friday, 10th May 2024), rising from JP¥10,350.00 to JP¥10,355.00. It has now gained 4 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 0.242% from a day low at JP¥10,335.00 to a day high of JP¥10,360.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks. Volume fell on the last day by -89 thousand shares and in total, 310 thousand shares were bought and sold for approximately JP¥3.21 billion. 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 is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Lawson,Inc. stock with a 90% probability to be traded between JP¥10,414.06 and JP¥10,490.85 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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2651.T Signals & Forecast
The Lawson,Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥10,330.71 and JP¥10,332.43. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, April 23, 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).
Support, Risk & Stop-loss for Lawson,Inc. stock
Lawson,Inc. finds support from accumulated volume at JP¥10,345.00 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¥25.00 between high and low, or 0.242%. For the last week the stock has had daily average volatility of 0.155%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2651.T) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Lawson,Inc. to open at JP¥10,350.00, and during the day (based on 14 day Average True Range), to move between JP¥10,336.67 and JP¥10,373.33, which gives a possible trading interval of +/-JP¥18.33 (+/-0.18%) up or down from last closing price. If Lawson,Inc. takes out the full calculated possible swing range there will be an estimated 0.35% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥10,345.00, some JP¥10.00 (0.10%) from the current price of JP¥10,355.00, our system finds the risk reward attractive.
Is Lawson,Inc. stock A Buy?
Lawson,Inc. holds several negative signals and is within a narrow 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.866 Sell Candidate Downgraded
Predicted Opening Price for Lawson,Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| JP¥10,350.00 ( 0.0483%) | JP¥10,355.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2651.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 10,375.00 | 0.193 % | |
| R2 | 10,365.45 | 0.101 % | ||
| R1 | 10,359.55 | 0.0439 % | ||
| Current price: | 10,355.00 | |||
| Support | S1 | 10,340.45 | -0.141 % | |
| S2 | 10,334.55 | -0.197 % | ||
| S3 | 10,325.00 | -0.290 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 10,355.00 | |||
| Support | S1 | 10,345.00 | -0.0966% | |
| S2 | 10,335.00 | -0.193% | ||
| S3 | 10,325.00 | -0.290% |
2651 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥100.00 | 1.44% |
| 2 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥75.00 | 1.41% |
| 3 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥75.00 | 1.61% |
| 4 | Feb 25, 2022 | Feb 25, 2022 | Feb 25, 2022 | JP¥75.00 | 1.58% |
| 5 | Aug 30, 2021 | Aug 30, 2021 | Aug 30, 2021 | JP¥75.00 | 1.39% |
FAQ
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