Segue Group Co.,Ltd. Stock Forecast
Green day on Friday for Segue Group Co.,Ltd. stock after gaining 0.488%
(Updated on Jun 28, 2024)
The Segue Group Co.,Ltd. stock price gained 0.488% on the last trading day (Friday, 28th Jun 2024), rising from JP¥615.00 to JP¥618.00. During the last trading day the stock fluctuated 2.12% from a day low at JP¥614.00 to a day high of JP¥627.00. The price has fallen in 5 of the last 10 days but is still up by 1.31% over the past 2 weeks. Volume fell on the last day by -65 thousand shares and in total, 194 thousand shares were bought and sold for approximately JP¥120.08 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 24.25% during the next 3 months and, with a 90% probability hold a price between JP¥731.16 and JP¥812.25 at the end of this 3-month period.
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3968.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -1.75%. 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). The Segue Group Co.,Ltd. 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¥602.71 and JP¥590.69. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
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¥558.00 and JP¥510.00. 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¥558.00. If this is broken, then the next support from accumulated volume will be at JP¥510.00 and JP¥503.00.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥13.00 (2.12%) between high and low. For the last week, the stock has had daily average volatility of 2.48%.
Our recommended stop-loss: JP¥588.84 (-4.72%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 56 days ago.)
Trading Expectations (3968.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Segue Group Co.,Ltd. to open at JP¥619.67, and during the day (based on 14 day Average True Range), to move between JP¥602.09 and JP¥633.91, which gives a possible trading interval of +/-JP¥15.91 (+/-2.58%) 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 5.15% 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¥624.00 (0.97%) than the support at JP¥558.00 (9.71%), 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 short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Segue Group Co.,Ltd. stock to perform well in the short-term.
Current score: 4.459 Buy Candidate Unchanged
Predicted Opening Price for Segue Group Co.,Ltd. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥619.67 ( 0.270%) | JP¥618.00 |
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 | 632.67 | 2.37% |
| R2 | 627.70 | 1.57% |
| R1 | 624.63 | 1.07% |
| Price | 618.00 | |
| S1 | 614.70 | -0.534% |
| S2 | 611.63 | -1.03% |
| S3 | 606.67 | -1.83% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 629.00 | 1.78% |
| R2 | 628.00 | 1.62% |
| R1 | 624.00 | 0.97% |
| Price | 618.00 | |
| S1 | 558.00 | -9.71% |
| S2 | 510.00 | -17.48% |
| S3 | 503.00 | -18.61% |
3968 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥5.00 | 0.81% |
| 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
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