KUSURI NO AOKI HOLDINGS CO.,LTD. Stock Forecast
KUSURI NO AOKI HOLDINGS CO.,LTD. stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on Jun 14, 2024)
The KUSURI NO AOKI HOLDINGS CO.,LTD. stock price gained 2.30% on the last trading day (Friday, 14th Jun 2024), rising from JP¥3,047.00 to JP¥3,117.00. During the last trading day the stock fluctuated 2.86% from a day low at JP¥3,047.00 to a day high of JP¥3,134.00. The price has risen in 6 of the last 10 days but is still down by -1.98% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 170 thousand more shares were traded than the day before. In total, 296 thousand shares were bought and sold for approximately JP¥921.39 million.
The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at JP¥3,194.31 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect KUSURI NO AOKI HOLDINGS CO.,LTD. stock with a 90% probability to be traded between JP¥2,791.22 and JP¥3,245.61 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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3549.T Signals & Forecast
The KUSURI NO AOKI HOLDINGS 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¥3,122.00. On a fall, the stock will find some support from the long-term average at approximately JP¥3,044.76. 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. Volume is rising along with the price. This is considered to be a good technical signal. 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, June 10, 2024, and so far it has fallen -2.32%. 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).
Support, Risk & Stop-loss for KUSURI NO AOKI HOLDINGS CO.,LTD. stock
KUSURI NO AOKI HOLDINGS CO.,LTD. finds support from accumulated volume at JP¥2,999.00 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¥87.00 between high and low, or 2.86%. For the last week the stock has had daily average volatility of 2.33%.
Our recommended stop-loss: JP¥2,962.78 (-4.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 40 days ago.)
Trading Expectations (3549.T) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect KUSURI NO AOKI HOLDINGS CO.,LTD. to open at JP¥3,099.33, and during the day (based on 14 day Average True Range), to move between JP¥3,046.46 and JP¥3,187.54, which gives a possible trading interval of +/-JP¥70.54 (+/-2.26%) up or down from last closing price. If KUSURI NO AOKI HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.53% 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¥3,131.00 (0.45%) than the support at JP¥2,999.00 (3.79%), 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 KUSURI NO AOKI HOLDINGS CO.,LTD. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for KUSURI NO AOKI HOLDINGS CO.,LTD. stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.603 Buy Candidate Upgraded
Predicted Opening Price for KUSURI NO AOKI HOLDINGS CO.,LTD. of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| JP¥3,099.33 ( 0.567%) | JP¥3,117.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3549.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,186.33 | 2.22% |
| R2 | 3,153.10 | 1.16% |
| R1 | 3,132.57 | 0.499% |
| Price | 3,117.00 | |
| S1 | 3,066.10 | -1.63% |
| S2 | 3,045.57 | -2.29% |
| S3 | 3,012.33 | -3.36% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,149.00 | 1.03% |
| R2 | 3,146.00 | 0.93% |
| R1 | 3,131.00 | 0.449% |
| Price | 3,117.00 | |
| S1 | 2,999.00 | -3.79% |
| S2 | 2,977.00 | -4.49% |
| S3 | 2,881.50 | -7.56% |
3549 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 17, 2024 | May 17, 2024 | Aug 01, 2024 | JP¥5.50 | 0.176% |
| 2 | Nov 17, 2023 | Nov 17, 2023 | Jan 26, 2024 | JP¥5.33 | 0.164% |
| 3 | May 18, 2023 | May 18, 2023 | May 18, 2023 | JP¥14.50 | 0.604% |
| 4 | Nov 17, 2022 | Nov 17, 2022 | Nov 17, 2022 | JP¥14.50 | 0.573% |
| 5 | May 19, 2022 | May 19, 2022 | May 19, 2022 | JP¥13.00 | 0.716% |
FAQ
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