LaSalle LOGIPORT REIT Stock Forecast
Stronger technical forecast for LaSalle LOGIPORT REIT stock price after Thursday trading.
(Updated on May 02, 2024)
The LaSalle LOGIPORT REIT stock price fell by -0.83% on the last day (Thursday, 2nd May 2024) from JP¥157,200.00 to JP¥155,900.00. During the last trading day the stock fluctuated 2.70% from a day low at JP¥155,400.00 to a day high of JP¥159,600.00. The price has fallen in 6 of the last 10 days and is down by -2.01% for this period. 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¥951.30 million.
The stock lies in the middle of a 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 10.29% during the next 3 months and, with a 90% probability hold a price between JP¥167,476.15 and JP¥177,550.27 at the end of this 3-month period.
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3466.T Signals & Forecast
The LaSalle LOGIPORT REIT 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¥157,542.86. On a fall, the stock will find some support from the long-term average at approximately JP¥155,211.43. 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. 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. A sell signal was issued from a pivot top point on Monday, April 22, 2024, and so far it has fallen -2.07%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for LaSalle LOGIPORT REIT stock
LaSalle LOGIPORT REIT finds support from accumulated volume at JP¥155,000.00 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¥4,200.00 between high and low, or 2.70%. For the last week the stock has had daily average volatility of 1.76%.
Our recommended stop-loss: JP¥150,382.79 (-3.54%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (3466.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect LaSalle LOGIPORT REIT to open at JP¥156,966.67, and during the day (based on 14 day Average True Range), to move between JP¥153,077.63 and JP¥158,722.37, which gives a possible trading interval of +/-JP¥2,822.37 (+/-1.81%) up or down from last closing price. If LaSalle LOGIPORT REIT takes out the full calculated possible swing range there will be an estimated 3.62% 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¥156,000.00 (0.06%) than the support at JP¥155,000.00 (0.58%), 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 LaSalle LOGIPORT REIT stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for LaSalle LOGIPORT REIT stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.066 Buy Candidate Upgraded
Predicted Opening Price for LaSalle LOGIPORT REIT of Tuesday, May 7, 2024
Fair opening price May 7, 2024 | Current price |
---|---|
JP¥156,966.67 ( 0.684%) | JP¥155,900.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3466.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 161,166.67 | 3.38 % | |
R2 | 159,562.27 | 2.35 % | ||
R1 | 158,571.07 | 1.71 % | ||
Current price: | 155,900.00 | |||
Support | S1 | 155,362.27 | -0.345 % | |
S2 | 154,371.07 | -0.98 % | ||
S3 | 152,766.67 | -2.01 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 156,800.00 | 0.577 % | |
R2 | 156,600.00 | 0.449 % | ||
R1 | 156,000.00 | 0.0641 % | ||
Current price | 155,900.00 | |||
Support | S1 | 155,000.00 | -0.577% | |
S2 | 151,000.00 | -3.14% | ||
S3 | 145,000.00 | -6.99% |
3466 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 29, 2024 | Aug 29, 2024 | Aug 29, 2024 | JP¥0 | 0% |
2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥0 | 0% |
3 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥3,085.00 | 2.07% |
4 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥3,097.00 | 1.98% |
5 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥3,079.00 | 1.77% |
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