bBreak Systems Company,Limited Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
bBreak Systems Company,Limited stock upgraded to Buy Candidate.
(Updated on Jun 28, 2024)
The bBreak Systems Company,Limited stock price gained 2.09% on the last trading day (Friday, 28th Jun 2024), rising from JP¥1,725.00 to JP¥1,761.00. During the last trading day the stock fluctuated 2.09% from a day low at JP¥1,725.00 to a day high of JP¥1,761.00. The price has fallen in 6 of the last 10 days and is down by -0.9% for this period. Volume fell on the last day by -200 shares and in total, 500 shares were bought and sold for approximately JP¥880.50 thousand. 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 13.65% during the next 3 months and, with a 90% probability hold a price between JP¥1,850.99 and JP¥2,059.43 at the end of this 3-month period.
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3986.T Signals & Forecast
The bBreak Systems Company,Limited 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¥1,742.86 and JP¥1,653.31. 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 Friday, June 14, 2024, and so far it has fallen -0.90%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Monday, May 13, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Monday, May 13, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for bBreak Systems Company,Limited stock
bBreak Systems Company,Limited finds support from accumulated volume at JP¥1,739.00 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved JP¥36.00 between high and low, or 2.09%. For the last week the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: JP¥1,694.68 (-3.77%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 47 days ago.)
Trading Expectations (3986.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect bBreak Systems Company,Limited to open at JP¥1,749.00, and during the day (based on 14 day Average True Range), to move between JP¥1,725.75 and JP¥1,796.25, which gives a possible trading interval of +/-JP¥35.25 (+/-2.00%) up or down from last closing price. If bBreak Systems Company,Limited takes out the full calculated possible swing range there will be an estimated 4.00% 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¥1,765.00 (0.23%) than the support at JP¥1,739.00 (1.25%), 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 bBreak Systems Company,Limited 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 bBreak Systems Company,Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.519 Buy Candidate Upgraded
Predicted Opening Price for bBreak Systems Company,Limited of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,749.00 ( 0.681%) | JP¥1,761.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3986.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,785.00 | 1.36% |
| R2 | 1,771.25 | 0.582% |
| R1 | 1,762.75 | 0.0995% |
| Price | 1,761.00 | |
| S1 | 1,735.25 | -1.46% |
| S2 | 1,726.75 | -1.94% |
| S3 | 1,713.00 | -2.73% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,777.00 | 0.91% |
| R2 | 1,775.00 | 0.795% |
| R1 | 1,765.00 | 0.227% |
| Price | 1,761.00 | |
| S1 | 1,739.00 | -1.25% |
| S2 | 1,669.00 | -5.22% |
| S3 | 1,620.00 | -8.01% |
3986 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥15.00 | 0.85% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥12.00 | 0.772% |
| 3 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥12.00 | 0.96% |
| 4 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | JP¥12.00 | 0.92% |
| 5 | Jun 29, 2020 | Jun 29, 2020 | Jun 29, 2020 | JP¥12.00 | 0.742% |
FAQ
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