PAL GROUP Holdings CO.,LTD Stock Forecast
PAL GROUP Holdings CO.,LTD stock price ended at JP¥1,813.00 on Thursday, after losing 2.05%.
(Updated on May 09, 2024)
The PAL GROUP Holdings CO.,LTD stock price fell by -2.05% on the last day (Thursday, 9th May 2024) from JP¥1,851.00 to JP¥1,813.00. During the last trading day the stock fluctuated 2.50% from a day low at JP¥1,803.00 to a day high of JP¥1,848.00. The price has fallen in 6 of the last 10 days and is down by -3.87% for this period. Volume has increased on the last day by 104 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 367 thousand shares were bought and sold for approximately JP¥665.55 million.
The stock lies in the lower of a very 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¥1,709.94 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.67% during the next 3 months and, with a 90% probability hold a price between JP¥1,390.63 and JP¥1,906.99 at the end of this 3-month period.
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2726.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 PAL GROUP 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¥1,855.71 and JP¥2,184.97. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -32.00%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for PAL GROUP Holdings CO.,LTD stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥45.00 between high and low, or 2.50%. For the last week, the stock has had daily average volatility of 2.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2726.T) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect PAL GROUP Holdings CO.,LTD to open at JP¥1,821.33, and during the day (based on 14 day Average True Range), to move between JP¥1,740.59 and JP¥1,885.41, which gives a possible trading interval of +/-JP¥72.41 (+/-3.99%) up or down from last closing price. If PAL GROUP Holdings CO.,LTD takes out the full calculated possible swing range there will be an estimated 7.99% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥1,941.00, some JP¥128.00 (7.06%) from the current price of JP¥1,813.00, our system finds the risk reward not very attractive.
Is PAL GROUP Holdings CO.,LTD stock A Buy?
PAL GROUP Holdings CO.,LTD holds several negative signals and is within a very 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.
Current score: -4.967 Sell Candidate Unchanged
Predicted Opening Price for PAL GROUP Holdings CO.,LTD of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| JP¥1,821.33 ( 0.460%) | JP¥1,813.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2726.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,866.33 | 2.94 % | |
| R2 | 1,849.14 | 1.99 % | ||
| R1 | 1,838.52 | 1.41 % | ||
| Current price: | 1,813.00 | |||
| Support | S1 | 1,804.14 | -0.489 % | |
| S2 | 1,793.52 | -1.07 % | ||
| S3 | 1,776.33 | -2.02 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,084.00 | 14.95 % | |
| R2 | 1,996.00 | 10.09 % | ||
| R1 | 1,941.00 | 7.06 % | ||
| Current price | 1,813.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
2726 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2025 | Feb 27, 2025 | Feb 27, 2025 | JP¥0 | 0% |
| 2 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥15.00 | 1.09% |
| 3 | Feb 25, 2022 | Feb 25, 2022 | Feb 25, 2022 | JP¥50.00 | 6.44% |
| 4 | Feb 25, 2021 | Feb 25, 2021 | Feb 25, 2021 | JP¥25.00 | 3.02% |
| 5 | Feb 27, 2020 | Feb 27, 2020 | Feb 27, 2020 | JP¥50.00 | 6.59% |
FAQ
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