Akatsuki Inc. Stock Forecast
Akatsuki Inc. stock price down 0.388% on Tuesday
(Updated on Jul 02, 2024)
The Akatsuki Inc. stock price fell by -0.388% on the last day (Tuesday, 2nd Jul 2024) from JP¥2,580.00 to JP¥2,570.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.26% from a day low at JP¥2,565.00 to a day high of JP¥2,623.00. The price has been going up and down for this period, and there has been a 6.11% gain for the last 2 weeks. Volume has increased on the last day by 27 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, 96 thousand shares were bought and sold for approximately JP¥245.44 million.
The stockis at the upper part of a very wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at JP¥2,682.32 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Akatsuki Inc. stock with a 90% probability to be traded between JP¥2,024.53 and JP¥2,688.89 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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3932.T Signals & Forecast
The Akatsuki Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥2,558.86 and JP¥2,245.11. A breakdown below any of these levels will issue sell signals. 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 Thursday, June 27, 2024, and so far it has fallen -4.18%. Further fall is indicated until a new bottom pivot has been found. 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 Akatsuki Inc. stock
Akatsuki Inc. finds support from accumulated volume at JP¥2,448.00 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥58.00 between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 3.65%.
The Akatsuki Inc. stock is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: JP¥2,498.19 (-2.79%) (This stock has high daily movements and this gives high risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from a pivot top found 24 days ago.)
Trading Expectations (3932.T) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Akatsuki Inc. to open at JP¥2,586.00, and during the day (based on 14 day Average True Range), to move between JP¥2,496.31 and JP¥2,643.69, which gives a possible trading interval of +/-JP¥73.69 (+/-2.87%) up or down from last closing price. If Akatsuki Inc. takes out the full calculated possible swing range there will be an estimated 5.73% 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¥2,580.00 (0.39%) than the support at JP¥2,448.00 (4.75%), 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 Akatsuki Inc. 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 Akatsuki Inc. stock to perform well in the short-term period.
Current score: 2.422 Buy Candidate Unchanged
Predicted Opening Price for Akatsuki Inc. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| JP¥2,586.00 ( 0.623%) | JP¥2,570.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3932.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,644.00 | 2.88% |
| R2 | 2,621.84 | 2.02% |
| R1 | 2,608.16 | 1.48% |
| Price | 2,570.00 | |
| S1 | 2,563.84 | -0.240% |
| S2 | 2,550.16 | -0.772% |
| S3 | 2,528.00 | -1.63% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,682.00 | 4.36% |
| R2 | 2,651.00 | 3.15% |
| R1 | 2,580.00 | 0.389% |
| Price | 2,570.00 | |
| S1 | 2,448.00 | -4.75% |
| S2 | 2,422.00 | -5.76% |
| S3 | 2,179.00 | -15.21% |
3932 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 01, 2024 | JP¥40.00 | 1.95% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Dec 08, 2023 | JP¥40.00 | 1.89% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥40.00 | 1.79% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥40.00 | 1.91% |
FAQ
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