STrust Co.,Ltd. Stock Forecast
STrust Co.,Ltd. stock price ended at JP¥730.00 on Friday, after losing 0.680%.
(Updated on Apr 26, 2024)
The STrust Co.,Ltd. stock price fell by -0.680% on the last day (Friday, 26th Apr 2024) from JP¥735.00 to JP¥730.00. During the last trading day the stock fluctuated 2.34% from a day low at JP¥725.00 to a day high of JP¥742.00. The price has fallen in 6 of the last 10 days and is down by -5.19% for this period. Volume has increased on the last day by 27 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, 39 thousand shares were bought and sold for approximately JP¥28.25 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.64% during the next 3 months and, with a 90% probability hold a price between JP¥824.68 and JP¥928.70 at the end of this 3-month period.
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3280.T Signals & Forecast
A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -5.44%. Further fall is indicated until a new bottom pivot has been found. 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. The STrust Co.,Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥747.14. On a fall, the stock will find some support from the long-term average at approximately JP¥698.71. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for STrust Co.,Ltd. stock
STrust Co.,Ltd. finds support from accumulated volume at JP¥719.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥17.00 between high and low, or 2.34%. For the last week, the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: JP¥700.82 (-4.00%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (3280.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect STrust Co.,Ltd. to open at JP¥732.33, and during the day (based on 14 day Average True Range), to move between JP¥711.99 and JP¥748.01, which gives a possible trading interval of +/-JP¥18.01 (+/-2.47%) up or down from last closing price. If STrust Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.94% 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¥733.00 (0.41%) than the support at JP¥719.00 (1.51%), 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 STrust Co.,Ltd. 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.
Current score: 1.062 Buy Candidate Unchanged
Predicted Opening Price for STrust Co.,Ltd. of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥732.33 ( 0.320%) | JP¥730.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3280.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 749.33 | 2.65 % | |
| R2 | 742.84 | 1.76 % | ||
| R1 | 738.83 | 1.21 % | ||
| Current price: | 730.00 | |||
| Support | S1 | 725.84 | -0.570 % | |
| S2 | 721.83 | -1.12 % | ||
| S3 | 715.33 | -2.01 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 770.00 | 5.48 % | |
| R2 | 744.00 | 1.92 % | ||
| R1 | 733.00 | 0.411 % | ||
| Current price | 730.00 | |||
| Support | S1 | 719.00 | -1.51% | |
| S2 | 656.00 | -10.14% | ||
| S3 | 642.00 | -12.05% |
3280 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 29, 2024 | Aug 29, 2024 | Aug 29, 2024 | JP¥0 | 0% |
| 2 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥11.00 | 1.76% |
| 3 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥2.00 | 0.339% |
| 4 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥9.00 | 1.63% |
| 5 | Feb 25, 2022 | Feb 25, 2022 | Feb 25, 2022 | JP¥9.00 | 1.58% |
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