NIHON PARKERIZING CO.,LTD. Stock Forecast
NIHON PARKERIZING CO.,LTD. stock upgraded to Hold/Accumulate.
(Updated on Jun 21, 2024)
The NIHON PARKERIZING CO.,LTD. stock price fell by -0.488% on the last day (Friday, 21st Jun 2024) from JP¥1,229.00 to JP¥1,223.00. During the last trading day the stock fluctuated 1.64% from a day low at JP¥1,219.00 to a day high of JP¥1,239.00. The price has fallen in 6 of the last 10 days and is down by -2.55% for this period. Volume has increased on the last day by 204 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, 365 thousand shares were bought and sold for approximately JP¥446.03 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect NIHON PARKERIZING CO.,LTD. stock with a 90% probability to be traded between JP¥1,175.81 and JP¥1,278.61 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
4095.T Signals & Forecast
The NIHON PARKERIZING 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¥1,228.86. On a fall, the stock will find some support from the long-term average at approximately JP¥1,211.06. 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. 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 Monday, June 10, 2024, and so far it has fallen -3.93%. 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.
Support, Risk & Stop-loss for NIHON PARKERIZING CO.,LTD. stock
NIHON PARKERIZING CO.,LTD. finds support from accumulated volume at JP¥1,221.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥20.00 (1.64%) between high and low. For the last week, the stock has had daily average volatility of 1.50%.
Our recommended stop-loss: JP¥1,164.44 (-4.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 42 days ago.)
Trading Expectations (4095.T) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect NIHON PARKERIZING CO.,LTD. to open at JP¥1,227.00, and during the day (based on 14 day Average True Range), to move between JP¥1,197.24 and JP¥1,248.76, which gives a possible trading interval of +/-JP¥25.76 (+/-2.11%) up or down from last closing price. If NIHON PARKERIZING CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.21% 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¥1,224.00 (0.08%) than the support at JP¥1,221.00 (0.16%), 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 NIHON PARKERIZING CO.,LTD. stock A Buy?
NIHON PARKERIZING CO.,LTD. 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: 0.540 Hold/Accumulate Upgraded
Predicted Opening Price for NIHON PARKERIZING CO.,LTD. of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| JP¥1,227.00 ( 0.327%) | JP¥1,223.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4095.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,247.00 | 1.96% |
| R2 | 1,239.36 | 1.34% |
| R1 | 1,234.64 | 0.95% |
| Price | 1,223.00 | |
| S1 | 1,219.36 | -0.298% |
| S2 | 1,214.64 | -0.684% |
| S3 | 1,207.00 | -1.31% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,237.00 | 1.14% |
| R2 | 1,234.00 | 0.90% |
| R1 | 1,224.00 | 0.0818% |
| Price | 1,223.00 | |
| S1 | 1,221.00 | -0.164% |
| S2 | 1,214.00 | -0.736% |
| S3 | 1,188.00 | -2.86% |
4095 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 | Jun 28, 2024 | JP¥20.00 | 1.64% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Dec 08, 2023 | JP¥20.00 | 1.81% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥20.00 | 2.03% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥20.00 | 2.14% |
FAQ
Click here for our free guide on how to buy NIHON PARKERIZING CO.,LTD. Stock.
