DVx Inc. Stock Forecast
DVx Inc. stock upgraded to Buy Candidate.
(Updated on Jul 03, 2024)
No changes to the price of DVx Inc. stock on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the stock fluctuated 0.301% from a day low at JP¥997.00 to a day high of JP¥1,000.00. The price has fallen in 5 of the last 10 days and is down by -0.1% for this period.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect DVx Inc. stock with a 90% probability to be traded between JP¥1,001.08 and JP¥1,011.58 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
3079.T Signals & Forecast
The DVx Inc. 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¥1,001.00 and JP¥1,001.40. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 0.200%. 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.
A sell signal from a double top formation was found on Thursday, June 06, 2024 and based on theory for this formation the price should fall by -0.140% to JP¥998.60 within 5 trading days (Thursday, June 13, 2024) since signal was issued.
Support, Risk & Stop-loss for DVx Inc. stock
DVx Inc. finds support from accumulated volume at JP¥998.00 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¥3.00 between high and low, or 0.301%. For the last week the stock has had daily average volatility of 0.321%.
Our recommended stop-loss: JP¥916.72 (-8.33%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 66 days ago.)
Trading Expectations (3079.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect DVx Inc. to open at JP¥999.00, and during the day (based on 14 day Average True Range), to move between JP¥995.36 and JP¥1,004.64, which gives a possible trading interval of +/-JP¥4.64 (+/-0.46%) up or down from last closing price. If DVx Inc. takes out the full calculated possible swing range there will be an estimated 0.93% 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¥1,001.00 (0.10%) than the support at JP¥998.00 (0.20%), 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 DVx Inc. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.200 Buy Candidate Upgraded
Predicted Opening Price for DVx Inc. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥999.00 ( 0.100%) | JP¥1,000.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3079.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,002.00 | 0.200% |
| R2 | 1,000.85 | 0.0854% |
| R1 | 1,000.15 | 0.0146% |
| Price | 1,000.00 | |
| S1 | 997.85 | -0.215% |
| S2 | 997.15 | -0.285% |
| S3 | 996.00 | -0.400% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,004.00 | 0.400% |
| R2 | 1,002.00 | 0.200% |
| R1 | 1,001.00 | 0.100% |
| Price | 1,000.00 | |
| S1 | 998.00 | -0.200% |
| S2 | 997.00 | -0.300% |
| S3 | 996.00 | -0.400% |
3079 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2025 | Mar 28, 2025 | Mar 28, 2025 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 07, 2024 | JP¥50.00 | 4.98% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥30.00 | 2.96% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥25.00 | 2.32% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥24.00 | 2.27% |
FAQ
Click here for our free guide on how to buy DVx Inc. Stock.
