HUB CO.,LTD. Stock Forecast
HUB CO.,LTD. stock price down 1.12% on Friday
(Updated on May 10, 2024)
The HUB CO.,LTD. stock price fell by -1.12% on the last day (Friday, 10th May 2024) from JP¥801.00 to JP¥792.00. During the last trading day the stock fluctuated 1.14% from a day low at JP¥792.00 to a day high of JP¥801.00. The price has been going up and down for this period, and there has been a 1.28% gain for the last 2 weeks. 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, 34 thousand shares were bought and sold for approximately JP¥26.93 million.
The stock lies in the middle of a wide and 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 4.72% during the next 3 months and, with a 90% probability hold a price between JP¥785.78 and JP¥953.87 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
3030.T Signals & Forecast
The HUB 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¥790.29 and JP¥771.03. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 9.70%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 HUB CO.,LTD. stock
HUB CO.,LTD. finds support from accumulated volume at JP¥789.00 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¥9.00 between high and low, or 1.14%. For the last week the stock has had daily average volatility of 1.37%.
Our recommended stop-loss: JP¥762.22 (-3.76%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 40 days ago.)
Trading Expectations (3030.T) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect HUB CO.,LTD. to open at JP¥795.00, and during the day (based on 14 day Average True Range), to move between JP¥776.15 and JP¥807.85, which gives a possible trading interval of +/-JP¥15.85 (+/-2.00%) up or down from last closing price. If HUB CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.00% 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¥789.00 (0.38%) than the resistance at JP¥798.00 (0.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is HUB 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 HUB CO.,LTD. stock to perform well in the short-term.
Current score: 4.973 Buy Candidate Unchanged
Predicted Opening Price for HUB CO.,LTD. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| JP¥795.00 ( 0.379%) | JP¥792.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3030.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 804.00 | 1.52 % | |
| R2 | 800.56 | 1.08 % | ||
| R1 | 798.44 | 0.81 % | ||
| Current price: | 792.00 | |||
| Support | S1 | 791.56 | -0.0553 % | |
| S2 | 789.44 | -0.323 % | ||
| S3 | 786.00 | -0.758 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 806.00 | 1.77 % | |
| R2 | 801.00 | 1.14 % | ||
| R1 | 798.00 | 0.758 % | ||
| Current price | 792.00 | |||
| Support | S1 | 789.00 | -0.379% | |
| S2 | 772.00 | -2.53% | ||
| S3 | 764.00 | -3.54% |
3030 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, 2020 | Feb 27, 2020 | Feb 27, 2020 | JP¥7.00 | 0.794% |
| 3 | Feb 26, 2019 | Feb 26, 2019 | Feb 26, 2019 | JP¥14.00 | 1.46% |
| 4 | Feb 26, 2018 | Feb 26, 2018 | Feb 26, 2018 | JP¥2.00 | 0.160% |
| 5 | Feb 24, 2017 | Feb 24, 2017 | Feb 24, 2017 | JP¥1.00 | 0.162% |
FAQ
Click here for our free guide on how to buy HUB CO.,LTD. Stock.
