IBIDEN CO.,LTD. Stock Forecast
IBIDEN CO.,LTD. stock price ended at JP¥6,548.00 on Friday, after gaining 0.337%.
(Updated on Jun 28, 2024)
The IBIDEN CO.,LTD. stock price gained 0.337% on the last trading day (Friday, 28th Jun 2024), rising from JP¥6,526.00 to JP¥6,548.00. During the last trading day the stock fluctuated 2.46% from a day low at JP¥6,548.00 to a day high of JP¥6,709.00. The price has risen in 6 of the last 10 days and is up by 1.05% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 23 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately JP¥11.07 billion.
The stock lies in the middle of a very wide and weak 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 6.13% during the next 3 months and, with a 90% probability hold a price between JP¥5,717.06 and JP¥7,630.85 at the end of this 3-month period.
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4062.T Signals & Forecast
The IBIDEN 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¥6,713.29. On a fall, the stock will find some support from the long-term average at approximately JP¥6,152.14. 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. Volume is rising along with the price. This is considered to be a good technical signal. 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 Thursday, June 20, 2024, and so far it has fallen -8.42%. 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).
Support, Risk & Stop-loss for IBIDEN CO.,LTD. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥5,790.00 and JP¥5,700.00. 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, IBIDEN CO.,LTD. finds support just below today's level at JP¥5,790.00. If this is broken, then the next support from accumulated volume will be at JP¥5,700.00 and JP¥5,392.00.
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¥161.00 between high and low, or 2.46%. For the last week, the stock has had daily average volatility of 2.37%.
Our recommended stop-loss: JP¥6,181.06 (-5.60%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 30 days ago.)
Trading Expectations (4062.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect IBIDEN CO.,LTD. to open at JP¥6,601.67, and during the day (based on 14 day Average True Range), to move between JP¥6,322.71 and JP¥6,773.29, which gives a possible trading interval of +/-JP¥225.29 (+/-3.44%) up or down from last closing price. If IBIDEN CO.,LTD. takes out the full calculated possible swing range there will be an estimated 6.88% 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¥6,744.00 (2.99%) than the support at JP¥5,790.00 (11.58%), 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 IBIDEN CO.,LTD. stock A Buy?
IBIDEN CO.,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.938 Hold/Accumulate Unchanged
Predicted Opening Price for IBIDEN CO.,LTD. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
JP¥6,601.67 ( 0.82%) | JP¥6,548.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4062.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 6,762.67 | 3.28% |
R2 | 6,701.16 | 2.34% |
R1 | 6,663.17 | 1.76% |
Price | 6,548.00 | |
S1 | 6,540.16 | -0.120% |
S2 | 6,502.17 | -0.700% |
S3 | 6,440.67 | -1.64% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 7,150.00 | 9.19% |
R2 | 6,793.00 | 3.74% |
R1 | 6,744.00 | 2.99% |
Price | 6,548.00 | |
S1 | 5,790.00 | -11.58% |
S2 | 5,700.00 | -12.95% |
S3 | 5,392.00 | -17.65% |
4062 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
2 | Mar 28, 2024 | Mar 28, 2024 | May 30, 2024 | JP¥20.00 | 0.323% |
3 | Sep 28, 2023 | Sep 28, 2023 | Nov 27, 2023 | JP¥20.00 | 0.282% |
4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥20.00 | 0.394% |
5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥10.00 | 0.239% |
FAQ
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