J.S.B.Co.,Ltd. Stock Forecast
Green day on Friday for J.S.B.Co.,Ltd.
(Updated on Jun 28, 2024)
The J.S.B.Co.,Ltd. stock price gained 1.27% on the last trading day (Friday, 28th Jun 2024), rising from JP¥3,160.00 to JP¥3,200.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.03% from a day low at JP¥3,100.00 to a day high of JP¥3,225.00. The price has risen in 7 of the last 10 days and is up by 8.59% over the past 2 weeks. Volume fell on the last day by -200 shares and in total, 80 thousand shares were bought and sold for approximately JP¥256.96 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at JP¥3,161.50, a level that may pose a second chance to hit a runner. According to fan-theory JP¥3,520.97 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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3480.T Signals & Forecast
Mostly positive signals in the chart today. The J.S.B.Co.,Ltd. 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¥3,060.00 and JP¥2,873.26. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 19.18%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Tuesday, March 19, 2024 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 Tuesday, March 19, 2024 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 J.S.B.Co.,Ltd. stock
J.S.B.Co.,Ltd. finds support from accumulated volume at JP¥3,160.00 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¥125.00 between high and low, or 4.03%. For the last week, the stock has had daily average volatility of 3.39%.
Our recommended stop-loss: JP¥3,100.80 (-3.10%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 41 days ago.)
Trading Expectations (3480.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect J.S.B.Co.,Ltd. to open at JP¥3,175.00, and during the day (based on 14 day Average True Range), to move between JP¥3,096.37 and JP¥3,303.63, which gives a possible trading interval of +/-JP¥103.63 (+/-3.24%) up or down from last closing price. If J.S.B.Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.48% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥3,160.00, some JP¥40.00 (1.25%) from the current price of JP¥3,200.00, our system finds the risk reward attractive.
Is J.S.B.Co.,Ltd. stock A Buy?
J.S.B.Co.,Ltd. holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 7.281 Strong Buy Candidate Unchanged
Predicted Opening Price for J.S.B.Co.,Ltd. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥3,175.00 ( 0.781%) | JP¥3,200.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3480.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,300.00 | 3.13% |
| R2 | 3,252.25 | 1.63% |
| R1 | 3,222.75 | 0.711% |
| Price | 3,200.00 | |
| S1 | 3,127.25 | -2.27% |
| S2 | 3,097.75 | -3.20% |
| S3 | 3,050.00 | -4.69% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 3,200.00 | |
| S1 | 3,160.00 | -1.25% |
| S2 | 2,947.00 | -7.91% |
| S3 | 2,686.00 | -16.06% |
3480 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 30, 2024 | Oct 30, 2024 | Jan 01, 2025 | JP¥61.00 | 1.91% |
| 2 | Oct 30, 2023 | Oct 30, 2023 | Jan 26, 2024 | JP¥23.00 | 0.88% |
| 3 | Oct 28, 2022 | Oct 28, 2022 | Oct 28, 2022 | JP¥5.00 | 0.254% |
| 4 | Oct 28, 2021 | Oct 28, 2021 | Oct 28, 2021 | JP¥30.00 | 2.09% |
| 5 | Oct 29, 2020 | Oct 29, 2020 | Oct 29, 2020 | JP¥5.00 | 0.338% |
FAQ
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