HYPER Inc. Stock Forecast

HYPER Inc. stock price down 0% on Thursday
(Updated on Apr 25, 2024)

3054.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 1.70%. Further rise is indicated until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and 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 HYPER Inc. 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¥303.51. On a fall, the stock will find some support from the short-term average at JP¥298.00. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Sell

Special Signal Notification

Double Top Formation

A sell signal from a double top formation was found on Friday, March 22, 2024 with a target of JP¥306.24. Despite whether the objective of the signal formation has been reached the stock may continue to fall.

Support, Risk & Stop-loss for HYPER Inc. stock

HYPER Inc. finds support from accumulated volume at JP¥298.00 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¥2.00 between high and low, or 0.669%. For the last week the stock has had daily average volatility of 1.22%.

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

Trading Expectations (3054.T) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect HYPER Inc. to open at JP¥299.67, and during the day (based on 14 day Average True Range), to move between JP¥296.22 and JP¥301.78, which gives a possible trading interval of +/-JP¥2.78 (+/-0.93%) up or down from last closing price. If HYPER Inc. takes out the full calculated possible swing range there will be an estimated 1.86% 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¥298.00 (0.33%) than the resistance at JP¥301.00 (0.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is HYPER Inc. stock A Buy?

HYPER Inc. 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: -2.344 Sell Candidate Unchanged

Predicted Opening Price for HYPER Inc. of Friday, April 26, 2024

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