CREATE SD HOLDINGS CO.,LTD. Stock Forecast
Evaluation of CREATE SD HOLDINGS CO.,LTD. stock downgraded after the last trading session.
(Updated on Jun 25, 2024)
The CREATE SD HOLDINGS CO.,LTD. stock price gained 1.67% on the last trading day (Tuesday, 25th Jun 2024), rising from JP¥3,600.00 to JP¥3,660.00. During the last trading day the stock fluctuated 1.67% from a day low at JP¥3,600.00 to a day high of JP¥3,660.00. The price has risen in 7 of the last 10 days and is up by 7.02% over the past 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 86 thousand shares were bought and sold for approximately JP¥314.03 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 has broken the weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at JP¥3,588.98, a level that may pose a second chance to hit a runner. According to fan-theory JP¥3,833.68 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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3148.T Signals & Forecast
The CREATE SD HOLDINGS 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¥3,600.71 and JP¥3,428.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 11.76%. 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.
Support, Risk & Stop-loss for CREATE SD HOLDINGS CO.,LTD. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥3,395.00 and JP¥3,290.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, CREATE SD HOLDINGS CO.,LTD. finds support just below today's level at JP¥3,395.00. If this is broken, then the next support from accumulated volume will be at JP¥3,290.00 and JP¥3,275.00.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥60.00 between high and low, or 1.67%. For the last week, the stock has had daily average volatility of 1.96%.
The CREATE SD HOLDINGS CO.,LTD. stock is extremely overbought on RSI14 (85). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.
Our recommended stop-loss: JP¥3,557.52 (-2.80%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 85 and this increases the risk substantially. There is a buy signal from a pivot bottom found 34 days ago.)
Trading Expectations (3148.T) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect CREATE SD HOLDINGS CO.,LTD. to open at JP¥3,640.00, and during the day (based on 14 day Average True Range), to move between JP¥3,598.71 and JP¥3,721.29, which gives a possible trading interval of +/-JP¥61.29 (+/-1.67%) up or down from last closing price. If CREATE SD 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.
With no resistance above and support from accumulated volume @ JP¥3,395.00, some JP¥265.00 (7.24%) from the current price of JP¥3,660.00, our system finds the risk reward attractive.
Is CREATE SD HOLDINGS CO.,LTD. stock A Buy?
CREATE SD HOLDINGS CO.,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for CREATE SD HOLDINGS CO.,LTD. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| JP¥3,640.00 ( 0.546%) | JP¥3,660.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3148.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,700.00 | 1.09% |
| R2 | 3,677.08 | 0.467% |
| R1 | 3,662.92 | 0.0798% |
| Price | 3,660.00 | |
| S1 | 3,617.08 | -1.17% |
| S2 | 3,602.92 | -1.56% |
| S3 | 3,580.00 | -2.19% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 3,660.00 | |
| S1 | 3,395.00 | -7.24% |
| S2 | 3,290.00 | -10.11% |
| S3 | 3,275.00 | -10.52% |
3148 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2024 | May 30, 2024 | Aug 01, 2024 | JP¥37.00 | 1.01% |
| 2 | Nov 29, 2023 | Nov 29, 2023 | Feb 05, 2024 | JP¥27.00 | 0.83% |
| 3 | May 30, 2023 | May 30, 2023 | May 30, 2023 | JP¥25.00 | 0.730% |
| 4 | Nov 29, 2022 | Nov 29, 2022 | Nov 29, 2022 | JP¥25.00 | 0.797% |
| 5 | May 30, 2022 | May 30, 2022 | May 30, 2022 | JP¥23.00 | 0.785% |
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