OHKI HEALTHCARE HOLDINGS CO.,LTD. Stock Forecast
OHKI HEALTHCARE HOLDINGS CO.,LTD. stock price ended at JP¥965.00 on Friday, after losing 0.618%.
(Updated on Jun 28, 2024)
The OHKI HEALTHCARE HOLDINGS CO.,LTD. stock price fell by -0.618% on the last day (Friday, 28th Jun 2024) from JP¥971.00 to JP¥965.00. During the last trading day the stock fluctuated 1.46% from a day low at JP¥957.00 to a day high of JP¥971.00. The price has risen in 5 of the last 10 days and is up by 0.73% over the past 2 weeks. Volume has increased on the last day by 1 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, 2 thousand shares were bought and sold for approximately JP¥1.45 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 -7.50% during the next 3 months and, with a 90% probability hold a price between JP¥835.68 and JP¥926.51 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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3417.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 3.65%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The OHKI HEALTHCARE HOLDINGS CO.,LTD. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥968.60. On a fall, the stock will find some support from the short-term average at JP¥958.86. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. OHKI HEALTHCARE HOLDINGS CO.,LTD. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for OHKI HEALTHCARE HOLDINGS CO.,LTD. stock
OHKI HEALTHCARE HOLDINGS CO.,LTD. finds support from accumulated volume at JP¥958.00 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¥14.00 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.49%.
Our recommended stop-loss: JP¥925.34 (-4.11%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (3417.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect OHKI HEALTHCARE HOLDINGS CO.,LTD. to open at JP¥964.33, and during the day (based on 14 day Average True Range), to move between JP¥951.35 and JP¥978.65, which gives a possible trading interval of +/-JP¥13.65 (+/-1.41%) up or down from last closing price. If OHKI HEALTHCARE HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.83% 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¥958.00 (0.73%) than the resistance at JP¥1,007.00 (4.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is OHKI HEALTHCARE HOLDINGS CO.,LTD. stock A Buy?
OHKI HEALTHCARE 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.
Current score: -0.001 Hold/Accumulate Unchanged
Predicted Opening Price for OHKI HEALTHCARE HOLDINGS CO.,LTD. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
JP¥964.33 ( 0.0691%) | JP¥965.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3417.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 978.33 | 1.38% |
R2 | 972.99 | 0.83% |
R1 | 969.68 | 0.485% |
Price | 965.00 | |
S1 | 958.99 | -0.623% |
S2 | 955.68 | -0.97% |
S3 | 950.33 | -1.52% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,041.00 | 7.88% |
R2 | 1,010.00 | 4.66% |
R1 | 1,007.00 | 4.35% |
Price | 965.00 | |
S1 | 958.00 | -0.725% |
S2 | 940.00 | -2.59% |
S3 | 931.00 | -3.52% |
3417 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 01, 2024 | JP¥23.00 | 2.44% |
3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥22.00 | 2.73% |
4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥21.00 | 2.92% |
5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥20.00 | 1.59% |
FAQ
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