STELLA CHEMIFA CORPORATION Stock Forecast
STELLA CHEMIFA CORPORATION stock downgraded from Strong Buy Candidate to Buy Candidate after Friday trading session.
(Updated on Jun 21, 2024)
The STELLA CHEMIFA CORPORATION stock price fell by -1.73% on the last day (Friday, 21st Jun 2024) from JP¥4,340.00 to JP¥4,265.00. During the last trading day the stock fluctuated 3.29% from a day low at JP¥4,255.00 to a day high of JP¥4,395.00. The price has been going up and down for this period, and there has been a 3.39% gain for the last 2 weeks. Volume has increased on the last day by 17 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, 42 thousand shares were bought and sold for approximately JP¥177.00 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 19.92% during the next 3 months and, with a 90% probability hold a price between JP¥4,909.24 and JP¥5,450.15 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.
4109.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, May 30, 2024, and so far it has fallen -1.95%. 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. The STELLA CHEMIFA CORPORATION 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¥4,232.86 and JP¥4,109.57. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for STELLA CHEMIFA CORPORATION stock
STELLA CHEMIFA CORPORATION finds support from accumulated volume at JP¥4,175.00 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¥140.00 (3.29%) between high and low. For the last week, the stock has had daily average volatility of 2.54%.
Our recommended stop-loss: JP¥4,085.38 (-4.21%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 51 days ago.)
Trading Expectations (4109.T) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect STELLA CHEMIFA CORPORATION to open at JP¥4,305.00, and during the day (based on 14 day Average True Range), to move between JP¥4,160.25 and JP¥4,369.75, which gives a possible trading interval of +/-JP¥104.75 (+/-2.46%) up or down from last closing price. If STELLA CHEMIFA CORPORATION takes out the full calculated possible swing range there will be an estimated 4.91% 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¥4,310.00 (1.06%) than the support at JP¥4,175.00 (2.11%), 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 STELLA CHEMIFA CORPORATION 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 STELLA CHEMIFA CORPORATION stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score: 1.810 Buy Candidate Downgraded
Predicted Opening Price for STELLA CHEMIFA CORPORATION of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| JP¥4,305.00 ( 0.94%) | JP¥4,265.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4109.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,445.00 | 4.22% |
| R2 | 4,391.52 | 2.97% |
| R1 | 4,358.48 | 2.19% |
| Price | 4,265.00 | |
| S1 | 4,251.52 | -0.316% |
| S2 | 4,218.48 | -1.09% |
| S3 | 4,165.00 | -2.34% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,350.00 | 1.99% |
| R2 | 4,345.00 | 1.88% |
| R1 | 4,310.00 | 1.06% |
| Price | 4,265.00 | |
| S1 | 4,175.00 | -2.11% |
| S2 | 3,940.00 | -7.62% |
| S3 | 3,805.00 | -10.79% |
4109 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 03, 2024 | JP¥85.00 | 2.00% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Nov 30, 2023 | JP¥60.00 | 1.85% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥30.00 | 1.14% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥30.00 | 1.19% |
FAQ
Click here for our free guide on how to buy STELLA CHEMIFA CORPORATION Stock.
