FUJIO FOOD SYSTEM Co.,Ltd Stock Forecast
FUJIO FOOD SYSTEM Co.,Ltd stock price ended at JP¥1,439.00 on Monday, after losing 0.553%.
(Updated on May 20, 2024)
The FUJIO FOOD SYSTEM Co.,Ltd stock price fell by -0.553% on the last day (Monday, 20th May 2024) from JP¥1,447.00 to JP¥1,439.00. During the last trading day the stock fluctuated 1.18% from a day low at JP¥1,435.00 to a day high of JP¥1,452.00. The price has risen in 5 of the last 10 days but is still down by -0.14% 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 -13 thousand shares and in total, 61 thousand shares were bought and sold for approximately JP¥88.21 million.
The stock lies in the middle of a weak 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 7.09% during the next 3 months and, with a 90% probability hold a price between JP¥1,482.78 and JP¥1,581.29 at the end of this 3-month period.
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2752.T Signals & Forecast
The FUJIO FOOD SYSTEM Co.,Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥1,432.86 and JP¥1,409.63. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 10, 2024, and so far it has risen 1.91%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 FUJIO FOOD SYSTEM Co.,Ltd stock
FUJIO FOOD SYSTEM Co.,Ltd finds support from accumulated volume at JP¥1,390.00 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¥17.00 between high and low, or 1.18%. For the last week the stock has had daily average volatility of 1.51%.
Our recommended stop-loss: JP¥1,359.34 (-5.54%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (2752.T) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect FUJIO FOOD SYSTEM Co.,Ltd to open at JP¥1,442.00, and during the day (based on 14 day Average True Range), to move between JP¥1,419.41 and JP¥1,458.59, which gives a possible trading interval of +/-JP¥19.59 (+/-1.36%) up or down from last closing price. If FUJIO FOOD SYSTEM Co.,Ltd takes out the full calculated possible swing range there will be an estimated 2.72% 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¥1,443.00 (0.28%) than the support at JP¥1,390.00 (3.41%), 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.
Is FUJIO FOOD SYSTEM Co.,Ltd stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for FUJIO FOOD SYSTEM Co.,Ltd stock to perform well in the short-term.
Current score: 2.424 Buy Candidate Unchanged
Predicted Opening Price for FUJIO FOOD SYSTEM Co.,Ltd of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| JP¥1,442.00 ( 0.208%) | JP¥1,439.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2752.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,459.00 | 1.39 % | |
| R2 | 1,452.51 | 0.94 % | ||
| R1 | 1,448.49 | 0.660 % | ||
| Current price: | 1,439.00 | |||
| Support | S1 | 1,435.51 | -0.243 % | |
| S2 | 1,431.49 | -0.522 % | ||
| S3 | 1,425.00 | -0.97 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,458.00 | 1.32 % | |
| R2 | 1,447.00 | 0.556 % | ||
| R1 | 1,443.00 | 0.278 % | ||
| Current price | 1,439.00 | |||
| Support | S1 | 1,390.00 | -3.41% | |
| S2 | 1,377.00 | -4.31% | ||
| S3 | 1,371.00 | -4.73% |
2752 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥2.50 | 0.189% |
| 2 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥2.50 | 0.195% |
| 3 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | JP¥1.00 | 0.0556% |
| 4 | Dec 26, 2018 | Dec 26, 2018 | Dec 26, 2018 | JP¥1.00 | 0.109% |
| 5 | Dec 27, 2017 | Dec 27, 2017 | Dec 27, 2017 | JP¥10.00 | 0.95% |
FAQ
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