KICHIRI HOLDINGS & Co.,Ltd. Stock Forecast
KICHIRI HOLDINGS & Co.,Ltd. stock price ended at JP¥911.00 on Friday, after losing 0.328%.
(Updated on May 10, 2024)
The KICHIRI HOLDINGS & Co.,Ltd. stock price fell by -0.328% on the last day (Friday, 10th May 2024) from JP¥914.00 to JP¥911.00. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 0.99% from a day low at JP¥911.00 to a day high of JP¥920.00. The price has fallen in 6 of the last 10 days and is down by -1.41% for this period. 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 -500 shares and in total, 24 thousand shares were bought and sold for approximately JP¥21.96 million.
The stock lies in the middle of a 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 -5.09% during the next 3 months and, with a 90% probability hold a price between JP¥819.94 and JP¥927.81 at the end of this 3-month period.
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3082.T Signals & Forecast
There are mixed signals in the stock today. The KICHIRI HOLDINGS & Co.,Ltd. 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¥921.57 and JP¥931.29. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 1.22%. 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).
Support, Risk & Stop-loss for KICHIRI HOLDINGS & Co.,Ltd. stock
KICHIRI HOLDINGS & Co.,Ltd. finds support from accumulated volume at JP¥905.00 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 0.99%. For the last week the stock has had daily average volatility of 1.07%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3082.T) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect KICHIRI HOLDINGS & Co.,Ltd. to open at JP¥914.00, and during the day (based on 14 day Average True Range), to move between JP¥895.73 and JP¥926.27, which gives a possible trading interval of +/-JP¥15.27 (+/-1.68%) up or down from last closing price. If KICHIRI HOLDINGS & Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.35% 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¥912.00 (0.11%) than the support at JP¥905.00 (0.66%), 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.
Earnings coming up
KICHIRI HOLDINGS & Co.,Ltd. will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for KICHIRI HOLDINGS & Co.,Ltd., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.64% in the first trading day after earnings release.
Is KICHIRI HOLDINGS & Co.,Ltd. stock A Buy?
KICHIRI HOLDINGS & 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.
Current score: -1.837 Sell Candidate Unchanged
Predicted Opening Price for KICHIRI HOLDINGS & Co.,Ltd. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| JP¥914.00 ( 0.329%) | JP¥911.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3082.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 923.00 | 1.32 % | |
| R2 | 919.56 | 0.94 % | ||
| R1 | 917.44 | 0.707 % | ||
| Current price: | 911.00 | |||
| Support | S1 | 910.56 | -0.0481 % | |
| S2 | 908.44 | -0.281 % | ||
| S3 | 905.00 | -0.659 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 945.00 | 3.73 % | |
| R2 | 925.00 | 1.54 % | ||
| R1 | 912.00 | 0.110 % | ||
| Current price | 911.00 | |||
| Support | S1 | 905.00 | -0.659% | |
| S2 | 901.00 | -1.10% | ||
| S3 | 900.00 | -1.21% |
3082 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥0 | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥2.50 | 0.296% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥2.50 | 0.441% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥5.00 | 1.18% |
| 5 | Jun 29, 2020 | Jun 29, 2020 | Jun 29, 2020 | JP¥7.50 | 1.20% |
FAQ
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