Misawa & Co.,Ltd. Stock Forecast
Misawa & Co.,Ltd. stock price ended at JP¥620.00 on Wednesday, after losing 0.322%.
(Updated on Apr 24, 2024)
The Misawa & Co.,Ltd. stock price fell by -0.322% on the last day (Wednesday, 24th Apr 2024) from JP¥622.00 to JP¥620.00. During the last trading day the stock fluctuated 0.323% from a day low at JP¥620.00 to a day high of JP¥622.00. The price has been going up and down for this period, and there has been a -0.16% loss for the last 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 thousand shares were bought and sold for approximately JP¥3.72 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 -4.85% during the next 3 months and, with a 90% probability hold a price between JP¥564.35 and JP¥659.18 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.
3169.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 0.98%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Misawa & 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¥621.00 and JP¥621.97. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Friday, August 25, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, August 25, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Misawa & Co.,Ltd. stock
Misawa & Co.,Ltd. finds support from accumulated volume at JP¥619.00 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 0.323%. For the last week the stock has had daily average volatility of 0.547%.
Our recommended stop-loss: JP¥589.08 (-4.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 36 days ago.)
Trading Expectations (3169.T) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Misawa & Co.,Ltd. to open at JP¥620.67, and during the day (based on 14 day Average True Range), to move between JP¥615.57 and JP¥624.43, which gives a possible trading interval of +/-JP¥4.43 (+/-0.71%) up or down from last closing price. If Misawa & Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 1.43% 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¥619.00 (0.16%) than the resistance at JP¥640.00 (3.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Misawa & Co.,Ltd. stock A Buy?
Misawa & Co.,Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.479 Hold/Accumulate Unchanged
Predicted Opening Price for Misawa & Co.,Ltd. of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| JP¥620.67 ( 0.108%) | JP¥620.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3169.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 622.67 | 0.430 % | |
| R2 | 621.90 | 0.307 % | ||
| R1 | 621.43 | 0.231 % | ||
| Current price: | 620.00 | |||
| Support | S1 | 619.90 | -0.0157 % | |
| S2 | 619.43 | -0.0918 % | ||
| S3 | 618.67 | -0.215 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 727.00 | 17.26 % | |
| R2 | 662.00 | 6.77 % | ||
| R1 | 640.00 | 3.23 % | ||
| Current price | 620.00 | |||
| Support | S1 | 619.00 | -0.161% | |
| S2 | 617.00 | -0.484% | ||
| S3 | 615.00 | -0.81% |
3169 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 30, 2025 | Jan 30, 2025 | Jan 30, 2025 | JP¥0 | 0% |
| 2 | Jan 30, 2023 | Jan 30, 2023 | Jan 30, 2023 | JP¥10.00 | 1.61% |
| 3 | Jan 28, 2022 | Jan 28, 2022 | Jan 28, 2022 | JP¥10.00 | 1.54% |
| 4 | Jan 28, 2021 | Jan 28, 2021 | Jan 28, 2021 | JP¥8.00 | 1.14% |
| 5 | Jan 30, 2020 | Jan 30, 2020 | Jan 30, 2020 | JP¥8.00 | 1.26% |
FAQ
Click here for our free guide on how to buy Misawa & Co.,Ltd. Stock.
