Seria Co.,Ltd. Stock Forecast
Seria Co.,Ltd. stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 17, 2024)
The Seria Co.,Ltd. stock price fell by -0.115% on the last day (Friday, 17th May 2024) from JP¥2,614.00 to JP¥2,611.00. During the last trading day the stock fluctuated 3.01% from a day low at JP¥2,554.00 to a day high of JP¥2,631.00. The price has fallen in 6 of the last 10 days and is down by -4.71% 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 -38 thousand shares and in total, 177 thousand shares were bought and sold for approximately JP¥462.41 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.56% during the next 3 months and, with a 90% probability hold a price between JP¥2,225.30 and JP¥2,508.99 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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2782.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 15, 2024, and so far it has risen 2.03%. 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. The Seria 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¥2,643.71 and JP¥2,812.11. 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). 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 Seria Co.,Ltd. stock
Seria Co.,Ltd. finds support from accumulated volume at JP¥2,608.00 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¥77.00 between high and low, or 3.01%. For the last week, the stock has had daily average volatility of 3.31%.
Our recommended stop-loss: JP¥2,468.22 (-5.47%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (2782.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Seria Co.,Ltd. to open at JP¥2,598.67, and during the day (based on 14 day Average True Range), to move between JP¥2,524.72 and JP¥2,697.28, which gives a possible trading interval of +/-JP¥86.28 (+/-3.30%) up or down from last closing price. If Seria Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.61% 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¥2,608.00 (0.11%) than the resistance at JP¥2,693.00 (3.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Seria Co.,Ltd. stock A Buy?
Seria Co.,Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.929 Hold/Accumulate Upgraded
Predicted Opening Price for Seria Co.,Ltd. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥2,598.67 ( 0.472%) | JP¥2,611.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 2782.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,675.67 | 2.48 % | |
| R2 | 2,646.25 | 1.35 % | ||
| R1 | 2,628.08 | 0.654 % | ||
| Current price: | 2,611.00 | |||
| Support | S1 | 2,569.25 | -1.60 % | |
| S2 | 2,551.08 | -2.29 % | ||
| S3 | 2,521.67 | -3.42 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,025.00 | 15.86 % | |
| R2 | 3,020.00 | 15.66 % | ||
| R1 | 2,693.00 | 3.14 % | ||
| Current price | 2,611.00 | |||
| Support | S1 | 2,608.00 | -0.115% | |
| S2 | 2,594.00 | -0.651% | ||
| S3 | 2,559.00 | -1.99% |
2782 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥35.00 | 1.35% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥35.00 | 1.38% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥35.00 | 1.24% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥35.00 | 0.89% |
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