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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 2801.T
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Green day on Friday for KIKKOMAN CORPORATION stock after gaining 1.01%
(Updated on Apr 26, 2024)

Sell candidate since Mar 28, 2024 Gain 1.14% PDF

The KIKKOMAN CORPORATION stock price gained 1.01% on the last trading day (Friday, 26th Apr 2024), rising from JP¥1,938.50 to JP¥1,958.00. During the last trading day the stock fluctuated 2.35% from a day low at JP¥1,913.00 to a day high of JP¥1,958.00. The price has risen in 6 of the last 10 days and is up by 1.53% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 206 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately JP¥3.92 billion.

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¥1,042.36 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -60.86% during the next 3 months and, with a 90% probability hold a price between JP¥407.98 and JP¥2,513.94 at the end of this 3-month period.

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2801.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 5.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The KIKKOMAN CORPORATION stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥4,822.99. On a fall, the stock will find some support from the short-term average at JP¥1,924.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for KIKKOMAN CORPORATION stock

KIKKOMAN CORPORATION finds support from accumulated volume at JP¥1,936.00 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¥45.00 between high and low, or 2.35%. For the last week the stock has had daily average volatility of 1.94%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (2801.T) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect KIKKOMAN CORPORATION to open at JP¥1,943.00, and during the day (based on 14 day Average True Range), to move between JP¥1,754.13 and JP¥2,161.87, which gives a possible trading interval of +/-JP¥203.87 (+/-10.41%) up or down from last closing price. If KIKKOMAN CORPORATION takes out the full calculated possible swing range there will be an estimated 20.82% 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¥1,963.00 (0.26%) than the support at JP¥1,936.00 (1.12%), 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 KIKKOMAN CORPORATION stock A Buy?

KIKKOMAN CORPORATION holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.067 Sell Candidate Unchanged

Predicted Opening Price for KIKKOMAN CORPORATION of Tuesday, April 30, 2024

Fair opening price April 30, 2024 Current price
JP¥1,943.00 ( 0.766%) JP¥1,958.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 2801.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,988.00 1.53 %
R2 1,970.81 0.654 %
R1 1,960.19 0.112 %
Current price: 1,958.00
Support S1 1,925.81 -1.64 %
S2 1,915.19 -2.19 %
S3 1,898.00 -3.06 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 1,969.00 0.562 %
R1 1,963.00 0.255 %
Current price 1,958.00
Support S1 1,936.00 -1.12%
S2 1,902.00 -2.86%
S3 1,861.00 -4.95%

2801 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥10.00 0.737%
2 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥30.00 1.82%
3 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 JP¥39.00 2.35%
4 Sep 29, 2021 Sep 29, 2021 Sep 29, 2021 JP¥22.00 1.20%
5 Mar 30, 2021 Mar 30, 2021 Mar 30, 2021 JP¥24.00 1.78%

FAQ

What is the symbol for KIKKOMAN CORPORATION Stock and on which exchange is it traded?
The symbol for KIKKOMAN CORPORATION is 2801.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell KIKKOMAN CORPORATION Stock?
KIKKOMAN CORPORATION holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy KIKKOMAN CORPORATION Stock?
KIKKOMAN CORPORATION Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KIKKOMAN CORPORATION Stock.

What's the current price of KIKKOMAN CORPORATION Stock?
As of the end of day on the Apr 26, 2024, the price of an KIKKOMAN CORPORATION (2801.T) share was JP¥1,958.00.

What is the 52-week high and low for KIKKOMAN CORPORATION Stock?
The 52-week high for KIKKOMAN CORPORATION Stock is JP¥10,255.00 and the 52-week low is JP¥1,821.50.

What is the market capitalization of KIKKOMAN CORPORATION Stock?
As of the Apr 26, 2024, the market capitalization of KIKKOMAN CORPORATION is 1.863T.

When is the next earnings date for KIKKOMAN CORPORATION?
The upcoming earnings date for KIKKOMAN CORPORATION is Aug 02, 2024.
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About KIKKOMAN CORPORATION

KIKKOMAN CORPORATION Kikkoman Corporation, through its subsidiaries, manufactures and sells food products in Japan, North America, and internationally. The company offers soy sauces, soy sauce soup bases, dipping and marinade sauces, handy seasoning mixes, and Del Monte seasonings; soy milk and Del Monte beverages; sweet sake for cooking; and wines. It also manufactures and sells canned fruits, canned corn, and tomato ketchup, as well as health foods; and purchases a... 2801.T Profile

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