KOEI TECMO HOLDINGS CO.,LTD. Stock Forecast
KOEI TECMO HOLDINGS CO.,LTD. stock price down 0.324% on Wednesday
(Updated on Jul 03, 2024)
The KOEI TECMO HOLDINGS CO.,LTD. stock price fell by -0.324% on the last day (Wednesday, 3rd Jul 2024) from JP¥1,391.00 to JP¥1,386.50. During the last trading day the stock fluctuated 2.28% from a day low at JP¥1,358.00 to a day high of JP¥1,389.00. The price has been going up and down for this period, and there has been a -0.04% loss for the last 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 -565 thousand shares and in total, 1 million shares were bought and sold for approximately JP¥1.61 billion.
The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is JP¥1,365.50, a level that may pose a second chance to hit a runner. According to fan-theory JP¥1,570.21 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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3635.T Signals & Forecast
The KOEI TECMO 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¥1,399.50. On a fall, the stock will find some support from the long-term average at approximately JP¥1,374.44. 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, June 03, 2024, and so far it has fallen -3.24%. 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.
Support, Risk & Stop-loss for KOEI TECMO HOLDINGS CO.,LTD. stock
KOEI TECMO HOLDINGS CO.,LTD. finds support from accumulated volume at JP¥1,368.00 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¥31.00 between high and low, or 2.28%. For the last week the stock has had daily average volatility of 2.27%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3635.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect KOEI TECMO HOLDINGS CO.,LTD. to open at JP¥1,377.83, and during the day (based on 14 day Average True Range), to move between JP¥1,348.34 and JP¥1,424.66, which gives a possible trading interval of +/-JP¥38.16 (+/-2.75%) up or down from last closing price. If KOEI TECMO HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.50% 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¥1,368.00 (1.33%) than the resistance at JP¥1,420.00 (2.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KOEI TECMO HOLDINGS CO.,LTD. stock A Buy?
KOEI TECMO HOLDINGS CO.,LTD. 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: -2.999 Sell Candidate Unchanged
Predicted Opening Price for KOEI TECMO HOLDINGS CO.,LTD. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥1,377.83 ( 0.625%) | JP¥1,386.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3635.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,408.83 | 1.61% |
| R2 | 1,396.99 | 0.757% |
| R1 | 1,389.68 | 0.229% |
| Price | 1,386.50 | |
| S1 | 1,365.99 | -1.48% |
| S2 | 1,358.68 | -2.01% |
| S3 | 1,346.83 | -2.86% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,433.00 | 3.35% |
| R2 | 1,429.50 | 3.10% |
| R1 | 1,420.00 | 2.42% |
| Price | 1,386.50 | |
| S1 | 1,368.00 | -1.33% |
| S2 | 1,356.00 | -2.20% |
| S3 | 1,261.00 | -9.05% |
3635 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 21, 2024 | JP¥50.00 | 3.64% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥50.00 | 2.09% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥54.00 | 2.59% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥45.00 | 1.83% |
FAQ
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