RSI low/high Values: [ 30 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 3468.T
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Star Asia Investment Corporation stock price ended at JP¥58,300.00 on Thursday, after losing 0.681%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -0.68% PDF

The Star Asia Investment Corporation stock price fell by -0.681% on the last day (Thursday, 28th Mar 2024) from JP¥58,700.00 to JP¥58,300.00. During the last trading day the stock fluctuated 1.55% from a day low at JP¥58,000.00 to a day high of JP¥58,900.00. The price has risen in 7 of the last 10 days and is up by 7.76% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 6 thousand shares were bought and sold for approximately JP¥349.39 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at JP¥58,637.71 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -5.71% during the next 3 months and, with a 90% probability hold a price between JP¥50,423.72 and JP¥55,289.71 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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3468.T Signals & Forecast

The Star Asia Investment Corporation 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¥58,057.14 and JP¥56,488.57. A breakdown below any of these levels will issue sell signals. 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 Wednesday, March 27, 2024, and so far it has fallen -0.681%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Wednesday, October 11, 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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, October 11, 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 Star Asia Investment Corporation stock

Star Asia Investment Corporation finds support from accumulated volume at JP¥57,800.00 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¥900.00 between high and low, or 1.55%. For the last week, the stock has had daily average volatility of 1.56%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (3468.T) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Star Asia Investment Corporation to open at JP¥58,400.00, and during the day (based on 14 day Average True Range), to move between JP¥57,372.12 and JP¥59,227.88, which gives a possible trading interval of +/-JP¥927.88 (+/-1.59%) up or down from last closing price. If Star Asia Investment Corporation takes out the full calculated possible swing range there will be an estimated 3.18% 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¥58,600.00 (0.51%) than the support at JP¥57,800.00 (0.86%), 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 Star Asia Investment Corporation stock A Buy?

Star Asia Investment Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.356 Sell Candidate Unchanged

Predicted Opening Price for Star Asia Investment Corporation of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
JP¥58,400.00 ( 0.172%) JP¥58,300.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 3468.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 59,300.00 1.72 %
R2 58,956.20 1.13 %
R1 58,743.80 0.761 %
Current price: 58,300.00
Support S1 58,056.20 -0.418 %
S2 57,843.80 -0.783 %
S3 57,500.00 -1.37 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 59,100.00 1.37 %
R2 58,700.00 0.686 %
R1 58,600.00 0.515 %
Current price 58,300.00
Support S1 57,800.00 -0.86%
S2 56,400.00 -3.26%
S3 55,300.00 -5.15%

3468 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 30, 2024 Jul 30, 2024 Oct 01, 2024 JP¥1,520.00 2.61%
2 Jan 30, 2024 Jan 30, 2024 Jan 30, 2024 JP¥0 0%
3 Jul 28, 2023 Jul 28, 2023 Jul 28, 2023 JP¥1,552.00 2.70%
4 Jan 30, 2023 Jan 30, 2023 Jan 30, 2023 JP¥1,491.00 2.77%
5 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 JP¥1,476.00 2.54%

FAQ

What is the symbol for Star Asia Investment Corporation Stock and on which exchange is it traded?
The symbol for Star Asia Investment Corporation is 3468.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Star Asia Investment Corporation Stock?
Star Asia Investment Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Star Asia Investment Corporation Stock?
Star Asia Investment Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Star Asia Investment Corporation Stock.

What's the current price of Star Asia Investment Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Star Asia Investment Corporation (3468.T) share was JP¥58,300.00.

What is the 52-week high and low for Star Asia Investment Corporation Stock?
The 52-week high for Star Asia Investment Corporation Stock is JP¥60,700.00 and the 52-week low is JP¥53,600.00.

What is the market capitalization of Star Asia Investment Corporation Stock?
As of the 2024-03-28, the market capitalization of Star Asia Investment Corporation is 138.288B.

When is the next earnings date for Star Asia Investment Corporation?
The upcoming earnings date for Star Asia Investment Corporation is Sep 13, 2024.
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About Star Asia Investment Corporation

Star Asia Investment Star Asia Investment Corporation (SAR) was listed on the Real Estate Investment Trust Securities Market of the Tokyo Stock Exchange on April 20, 2016. SAR has Star Asia Group, which has accumulated a track record by providing institutional investors mainly in the U.S. with investment opportunities in real estate-related assets mostly in Japan, as its sponsor. Under the philosophy of “prioritizing investors' interests” as an independent fund man... 3468.T Profile

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