Segue Group Co.,Ltd. Stock Forecast
Segue Group Co.,Ltd. stock price down 0.503% on Wednesday
(Updated on Jun 26, 2024)
The Segue Group Co.,Ltd. stock price fell by -0.503% on the last day (Wednesday, 26th Jun 2024) from JP¥597.00 to JP¥594.00. During the last trading day the stock fluctuated 2.54% from a day low at JP¥590.00 to a day high of JP¥605.00. The price has fallen in 7 of the last 10 days and is down by -5.56% for this period. Volume has increased on the last day by 230 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, 301 thousand shares were bought and sold for approximately JP¥178.56 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 22.92% during the next 3 months and, with a 90% probability hold a price between JP¥712.93 and JP¥797.12 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
3968.T Signals & Forecast
A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -5.56%. 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Segue Group Co.,Ltd. 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¥595.86. On a fall, the stock will find some support from the long-term average at approximately JP¥586.17. 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.
Support, Risk & Stop-loss for Segue Group Co.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥536.00 and JP¥528.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Segue Group Co.,Ltd. finds support just below today's level at JP¥536.00. If this is broken, then the next support from accumulated volume will be at JP¥528.00 and JP¥510.00.
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¥15.00 between high and low, or 2.54%. For the last week, the stock has had daily average volatility of 2.19%.
Our recommended stop-loss: JP¥564.54 (-4.96%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 54 days ago.)
Trading Expectations (3968.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Segue Group Co.,Ltd. to open at JP¥596.33, and during the day (based on 14 day Average True Range), to move between JP¥578.42 and JP¥609.58, which gives a possible trading interval of +/-JP¥15.58 (+/-2.62%) up or down from last closing price. If Segue Group Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.25% 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¥598.00 (0.67%) than the support at JP¥536.00 (9.76%), 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 Segue Group Co.,Ltd. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.528 Buy Candidate Unchanged
Predicted Opening Price for Segue Group Co.,Ltd. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥596.33 ( 0.393%) | JP¥594.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3968.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 611.33 | 2.92% |
| R2 | 605.60 | 1.95% |
| R1 | 602.06 | 1.36% |
| Price | 594.00 | |
| S1 | 590.60 | -0.572% |
| S2 | 587.06 | -1.17% |
| S3 | 581.33 | -2.13% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 602.00 | 1.35% |
| R2 | 599.00 | 0.84% |
| R1 | 598.00 | 0.673% |
| Price | 594.00 | |
| S1 | 536.00 | -9.76% |
| S2 | 528.00 | -11.11% |
| S3 | 510.00 | -14.14% |
3968 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥5.00 | 0.84% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 27, 2024 | JP¥15.00 | 2.84% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥15.00 | 4.18% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥18.00 | 6.57% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥16.00 | 6.25% |
FAQ
Click here for our free guide on how to buy Segue Group Co.,Ltd. Stock.
