TYO:2938

Okamura Foods . Stock Forecast

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JP¥1,254.00
+13.00 (+1.05%)
At Close: Jul 31, 2026
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Okamura Foods Co., Ltd. stock downgraded to Sell Candidate
(Updated on Jul 31, 2026)

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Sell candidate since Jul 31, 2026

The Okamura Foods Co., Ltd. stock price gained 1.05% on the last trading day (Friday, 31st Jul 2026), rising from JP¥1,241.00 to JP¥1,254.00. During the last trading day the stock fluctuated 1.13% from a day low at JP¥1,243.00 to a day high of JP¥1,257.00. The price has fallen in 6 of the last 10 days but is still up by 0.72% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 36 thousand shares were bought and sold for approximately JP¥44.64 million. 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 lies in the middle of a very 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 -9.49% during the next 3 months and, with a 90% probability hold a price between JP¥1,051.13 and JP¥1,355.79 at the end of this 3-month period.

2938.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, July 03, 2026, and so far it has risen 3.55%. 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 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. The Okamura Foods Co., Ltd. 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¥1,329.17. On a fall, the stock will find some support from the short-term average at JP¥1,238.71. 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 Okamura Foods Co., Ltd. stock

Okamura Foods Co., Ltd. finds support from accumulated volume at JP¥1,234.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥14.00 (1.13%) between high and low. For the last week, the stock has had daily average volatility of 2.31%.

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

Trading Expectations (2938.T) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Okamura Foods Co., Ltd. to open at JP¥1,251.33, and during the day (based on 14 day Average True Range), to move between JP¥1,237.10 and JP¥1,270.90, which gives a possible trading interval of +/-JP¥33.80 (+/-2.73%) up or down from last closing price. If Okamura Foods Co., Ltd. takes out the full calculated possible swing range there will be an estimated 2.73% 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¥1,234.00 (1.59%) than the resistance at JP¥1,321.00 (5.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Okamura Foods Co., Ltd. stock A Buy?

Okamura Foods Co., Ltd. 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. 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 to a Sell candidate.

Current score: -1.004 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - JP¥1,251.33 ( 0.213%).

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2938.T Performance

Trading levels for 2938.T

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Fibonacci Support & Resistance Levels

Level Price
R3 1,265.33 0.90%
R2 1,259.99 0.477%
R1 1,256.68 0.214%
Price 1,254.00
S1 1,245.99 -0.639%
S2 1,242.68 -0.90%
S3 1,237.33 -1.33%

Accumulated Volume Support & Resistance Levels

Level Price
R3 1,560.00 24.40%
R2 1,438.00 14.67%
R1 1,321.00 5.34%
Price 1,254.00
S1 1,234.00 -1.59%
S2 1,220.00 -2.71%
S3 1,211.00 -3.43%

2938 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 29, 2026 Jun 29, 2026 Jun 29, 2026 JP¥4.00 0.317%
2 Dec 29, 2025 Dec 29, 2025 Mar 01, 2026 JP¥4.00 0.336%
3 Jun 27, 2025 Jun 27, 2025 Sep 01, 2025 JP¥9.50 0.372%
4 Dec 27, 2024 Dec 27, 2024 Mar 01, 2025 JP¥19.00 0.91%
5 Jun 27, 2024 Jun 27, 2024 Sep 27, 2024 JP¥17.00 0.688%

FAQ

What is the symbol for Okamura Foods Co., Ltd. Stock and on which exchange is it traded?
The symbol for Okamura Foods Co., Ltd. is 2938.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Okamura Foods Co., Ltd. Stock?
Okamura Foods Co., Ltd. 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. 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 to a Sell candidate.

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

What's the current price of Okamura Foods Co., Ltd. Stock?
As of the end of day on the Jul 31, 2026, the price of an Okamura Foods Co., Ltd. (2938.T) share was JP¥1,254.00.

What is the 52-week high and low for Okamura Foods Co., Ltd. Stock?
The 52-week high for Okamura Foods Co., Ltd. Stock is JP¥1,682.00 and the 52-week low is JP¥1,019.00.

What is the market capitalization of Okamura Foods Co., Ltd. Stock?
As of the Jul 31, 2026, the market capitalization of Okamura Foods Co., Ltd. is 63.018B.
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