Aeria Inc. Stock Forecast
Weaker technical forecast for Aeria Inc. as stock downgraded to Strong Sell Candidate.
(Updated on May 31, 2024)
The Aeria Inc. stock price fell by -4.81% on the last day (Friday, 31st May 2024) from JP¥312.00 to JP¥297.00. During the last trading day the stock fluctuated 5.61% from a day low at JP¥285.00 to a day high of JP¥301.00. The price has fallen in 7 of the last 10 days and is down by -18.41% for this period. Volume has increased on the last day by 873 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 995 thousand shares were bought and sold for approximately JP¥295.49 million.
The stock has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point (JP¥325.81) are considered to be a "second chance" to get out. According to the fan-theory JP¥277.93 will represent the new bottom line of the next trend, but it is far too early to say this for certain.
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3758.T Signals & Forecast
There are few to no technical positive signals at the moment. The Aeria Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥323.43 and JP¥349.89. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -20.80%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Aeria Inc. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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¥16.00 between high and low, or 5.61%. For the last week, the stock has had daily average volatility of 5.16%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3758.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Aeria Inc. to open at JP¥294.33, and during the day (based on 14 day Average True Range), to move between JP¥279.68 and JP¥314.32, which gives a possible trading interval of +/-JP¥17.32 (+/-5.83%) up or down from last closing price. If Aeria Inc. takes out the full calculated possible swing range there will be an estimated 11.66% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥335.00, some JP¥38.00 (12.79%) from the current price of JP¥297.00, our system finds the risk reward not very attractive.
Is Aeria Inc. stock A Buy?
Aeria Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.
Current score: -6.283 Strong Sell Candidate Downgraded
Predicted Opening Price for Aeria Inc. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥294.33 ( 0.90%) | JP¥297.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3758.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 310.33 | 4.49 % | |
| R2 | 304.22 | 2.43 % | ||
| R1 | 300.45 | 1.16 % | ||
| Current price: | 297.00 | |||
| Support | S1 | 288.22 | -2.96 % | |
| S2 | 284.45 | -4.23 % | ||
| S3 | 278.33 | -6.29 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 362.00 | 21.89 % | |
| R2 | 358.00 | 20.54 % | ||
| R1 | 335.00 | 12.79 % | ||
| Current price | 297.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
3758 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | JP¥0 | 0% |
| 2 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥5.00 | 1.30% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥5.00 | 1.25% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥5.00 | 1.17% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | JP¥12.00 | 1.23% |
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