AWA PAPER & TECHNOLOGICAL COMPANY,Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
AWA PAPER & TECHNOLOGICAL COMPANY,Inc. stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on May 23, 2024)
The AWA PAPER & TECHNOLOGICAL COMPANY,Inc. stock price fell by -0.408% on the last day (Thursday, 23rd May 2024) from JP¥490.00 to JP¥488.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.07% from a day low at JP¥482.00 to a day high of JP¥492.00. The price has risen in 6 of the last 10 days and is up by 6.55% over the past 2 weeks. Volume has increased on the last day by 7 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, 41 thousand shares were bought and sold for approximately JP¥19.91 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.12% during the next 3 months and, with a 90% probability hold a price between JP¥412.53 and JP¥551.28 at the end of this 3-month period.
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3896.T Signals & Forecast
The AWA PAPER & TECHNOLOGICAL COMPANY,Inc. 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¥499.57. On a fall, the stock will find some support from the long-term average at approximately JP¥484.97. 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. A buy signal was issued from a pivot bottom point on Thursday, May 09, 2024, and so far it has risen 6.55%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 AWA PAPER & TECHNOLOGICAL COMPANY,Inc. stock
AWA PAPER & TECHNOLOGICAL COMPANY,Inc. finds support from accumulated volume at JP¥486.00 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¥10.00 between high and low, or 2.07%. For the last week, the stock has had daily average volatility of 2.71%.
Our recommended stop-loss: JP¥473.85 (-2.90%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 50 days ago.)
Trading Expectations (3896.T) For The Upcoming Trading Day Of Friday 24th
For the upcoming trading day on Friday, 24th we expect AWA PAPER & TECHNOLOGICAL COMPANY,Inc. to open at JP¥487.33, and during the day (based on 14 day Average True Range), to move between JP¥469.85 and JP¥506.15, which gives a possible trading interval of +/-JP¥18.15 (+/-3.72%) up or down from last closing price. If AWA PAPER & TECHNOLOGICAL COMPANY,Inc. takes out the full calculated possible swing range there will be an estimated 7.44% 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¥486.00 (0.41%) than the resistance at JP¥545.00 (11.68%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is AWA PAPER & TECHNOLOGICAL COMPANY,Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.565 Buy Candidate Upgraded
Predicted Opening Price for AWA PAPER & TECHNOLOGICAL COMPANY,Inc. of Friday, May 24, 2024
| Fair opening price May 24, 2024 | Current price |
|---|---|
| JP¥487.33 ( 0.137%) | JP¥488.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3896.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 497.33 | 1.91 % | |
| R2 | 493.51 | 1.13 % | ||
| R1 | 491.15 | 0.646 % | ||
| Current price: | 488.00 | |||
| Support | S1 | 483.51 | -0.92 % | |
| S2 | 481.15 | -1.40 % | ||
| S3 | 477.33 | -2.19 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 605.00 | 23.98 % | |
| R2 | 590.00 | 20.90 % | ||
| R1 | 545.00 | 11.68 % | ||
| Current price | 488.00 | |||
| Support | S1 | 486.00 | -0.410% | |
| S2 | 481.00 | -1.43% | ||
| S3 | 480.00 | -1.64% |
3896 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥3.50 | 0.464% |
| 2 | Mar 27, 2019 | Mar 27, 2019 | Mar 27, 2019 | JP¥3.50 | 0.704% |
| 3 | Sep 26, 2018 | Sep 26, 2018 | Sep 26, 2018 | JP¥3.50 | 0.571% |
| 4 | Mar 28, 2018 | Mar 28, 2018 | Mar 28, 2018 | JP¥3.50 | 0.587% |
| 5 | Sep 27, 2017 | Sep 27, 2017 | Sep 27, 2017 | JP¥3.50 | 0.427% |
FAQ
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