AGS Corporation Stock Forecast
AGS Corporation stock price ended at JP¥1,115.00 on Tuesday, after losing 0.446%.
(Updated on May 07, 2024)
The AGS Corporation stock price fell by -0.446% on the last day (Tuesday, 7th May 2024) from JP¥1,120.00 to JP¥1,115.00. During the last trading day the stock fluctuated 5.00% from a day low at JP¥1,081.00 to a day high of JP¥1,135.00. The price has fallen in 7 of the last 10 days and is down by -17.41% for this period. 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 -50 thousand shares and in total, 109 thousand shares were bought and sold for approximately JP¥121.54 million.
The stock lies in the middle of a very wide and 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 23.43% during the next 3 months and, with a 90% probability hold a price between JP¥1,140.32 and JP¥1,851.31 at the end of this 3-month period.
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3648.T Signals & Forecast
The AGS Corporation 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¥1,124.43. On a fall, the stock will find some support from the long-term average at approximately JP¥995.83. 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 Wednesday, April 17, 2024, and so far it has fallen -22.84%. 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 Thursday, August 24, 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.
Golden Star 12 Months
The stock had a Golden Star Signal on Thursday, August 24, 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 AGS Corporation stock
AGS Corporation finds support from accumulated volume at JP¥1,069.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved JP¥54.00 between high and low, or 5.00%. For the last week, the stock has had daily average volatility of 6.52%.
Our recommended stop-loss: JP¥1,048.55 (-5.96%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 11 days ago.)
Trading Expectations (3648.T) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect AGS Corporation to open at JP¥1,110.33, and during the day (based on 14 day Average True Range), to move between JP¥1,031.64 and JP¥1,198.36, which gives a possible trading interval of +/-JP¥83.36 (+/-7.48%) up or down from last closing price. If AGS Corporation takes out the full calculated possible swing range there will be an estimated 14.95% 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¥1,069.00 (4.13%) than the resistance at JP¥1,180.00 (5.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
AGS Corporation will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for AGS Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.75% in the first trading day after earnings release.
Is AGS Corporation 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 AGS Corporation stock to perform well in the short-term.
Current score: 2.552 Buy Candidate Unchanged
Predicted Opening Price for AGS Corporation of Wednesday, May 8, 2024
Fair opening price May 8, 2024 | Current price |
---|---|
JP¥1,110.33 ( 0.419%) | JP¥1,115.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3648.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,164.33 | 4.42 % | |
R2 | 1,143.71 | 2.57 % | ||
R1 | 1,130.96 | 1.43 % | ||
Current price: | 1,115.00 | |||
Support | S1 | 1,089.71 | -2.27 % | |
S2 | 1,076.96 | -3.41 % | ||
S3 | 1,056.33 | -5.26 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,350.00 | 21.08 % | |
R2 | 1,221.00 | 9.51 % | ||
R1 | 1,180.00 | 5.83 % | ||
Current price | 1,115.00 | |||
Support | S1 | 1,069.00 | -4.13% | |
S2 | 1,067.00 | -4.30% | ||
S3 | 995.00 | -10.76% |
3648 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥5.50 | 0.781% |
3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥5.50 | 0.83% |
4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥5.50 | 0.683% |
5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥2.00 | 0.212% |
FAQ
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