Capital Asset Planning,Inc. Stock Forecast

Capital Asset Planning,Inc. stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 17, 2024)

3965.T Signals & Forecast

There are few to no technical positive signals at the moment. The Capital Asset Planning,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¥795.43 and JP¥797.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -3.43%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Capital Asset Planning,Inc. stock

Capital Asset Planning,Inc. finds support from accumulated volume at JP¥785.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥4.00 between high and low, or 0.508%. For the last week the stock has had daily average volatility of 0.96%.

Our recommended stop-loss: JP¥751.57 (-4.62%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (3965.T) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Capital Asset Planning,Inc. to open at JP¥788.67, and during the day (based on 14 day Average True Range), to move between JP¥775.59 and JP¥800.41, which gives a possible trading interval of +/-JP¥12.41 (+/-1.57%) up or down from last closing price. If Capital Asset Planning,Inc. takes out the full calculated possible swing range there will be an estimated 3.15% 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¥785.00 (0.38%) than the resistance at JP¥795.00 (0.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Capital Asset Planning,Inc. stock A Buy?

Capital Asset Planning,Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.466 Hold/Accumulate Upgraded

Predicted Opening Price for Capital Asset Planning,Inc. of Monday, May 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.