THE PACK CORPORATION Stock Forecast
Red day on Friday for THE PACK CORPORATION stock after losing 0.275%
(Updated on Apr 26, 2024)
The THE PACK CORPORATION stock price fell by -0.275% on the last day (Friday, 26th Apr 2024) from JP¥3,635.00 to JP¥3,625.00. During the last trading day the stock fluctuated 1.68% from a day low at JP¥3,575.00 to a day high of JP¥3,635.00. The price has been going up and down for this period, and there has been a -2.42% loss for the last 2 weeks. Volume has increased on the last day by 8 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, 37 thousand shares were bought and sold for approximately JP¥133.04 million.
The stock has broken the wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at JP¥3,659.12. A reaction back to this level may hold a second chance to get out before further falls.
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3950.T Signals & Forecast
There are few to no technical positive signals at the moment. The THE PACK CORPORATION 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¥3,638.57 and JP¥3,703.86. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2024, and so far it has fallen -7.17%. 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 THE PACK CORPORATION stock
THE PACK CORPORATION finds support from accumulated volume at JP¥3,585.00 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¥60.00 between high and low, or 1.68%. For the last week, the stock has had daily average volatility of 1.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3950.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect THE PACK CORPORATION to open at JP¥3,611.67, and during the day (based on 14 day Average True Range), to move between JP¥3,546.93 and JP¥3,703.07, which gives a possible trading interval of +/-JP¥78.07 (+/-2.15%) up or down from last closing price. If THE PACK CORPORATION takes out the full calculated possible swing range there will be an estimated 4.31% 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¥3,665.00 (1.10%) than the support at JP¥3,585.00 (1.10%), 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 THE PACK CORPORATION stock A Buy?
The THE PACK CORPORATION stock holds several negative signals and despite the positive trend, we believe THE PACK CORPORATION will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.775 Sell Candidate Unchanged
Predicted Opening Price for THE PACK CORPORATION of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥3,611.67 ( 0.368%) | JP¥3,625.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3950.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,671.67 | 1.29 % | |
| R2 | 3,648.75 | 0.655 % | ||
| R1 | 3,634.59 | 0.264 % | ||
| Current price: | 3,625.00 | |||
| Support | S1 | 3,588.75 | -1.00 % | |
| S2 | 3,574.59 | -1.39 % | ||
| S3 | 3,551.67 | -2.02 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,945.00 | 8.83 % | |
| R2 | 3,785.00 | 4.41 % | ||
| R1 | 3,665.00 | 1.10 % | ||
| Current price | 3,625.00 | |||
| Support | S1 | 3,585.00 | -1.10% | |
| S2 | 3,505.00 | -3.31% | ||
| S3 | 3,465.00 | -4.41% |
3950 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥0 | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥35.00 | 1.18% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥35.00 | 1.47% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥30.00 | 1.34% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥25.00 | 0.93% |
FAQ
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