STELLA CHEMIFA CORPORATION 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
STELLA CHEMIFA CORPORATION stock upgraded to Strong Buy Candidate.
(Updated on Jun 20, 2024)
The STELLA CHEMIFA CORPORATION stock price gained 0.93% on the last trading day (Thursday, 20th Jun 2024), rising from JP¥4,300.00 to JP¥4,340.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.40% from a day low at JP¥4,290.00 to a day high of JP¥4,350.00. The price has been going up and down for this period, and there has been a 4.96% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 100 more shares were traded than the day before. In total, 25 thousand shares were bought and sold for approximately JP¥108.07 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 19.05% during the next 3 months and, with a 90% probability hold a price between JP¥4,843.66 and JP¥5,387.16 at the end of this 3-month period.
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4109.T Signals & Forecast
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¥4,212.86 and JP¥4,095.71. A breakdown below any of these levels will issue sell signals. 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, May 30, 2024, and so far it has fallen -0.230%. 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 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¥60.00 (1.40%) between high and low. For the last week, the stock has had daily average volatility of 2.93%.
Our recommended stop-loss: JP¥4,162.15 (-4.10%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 50 days ago.)
Trading Expectations (4109.T) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect STELLA CHEMIFA CORPORATION to open at JP¥4,326.67, and during the day (based on 14 day Average True Range), to move between JP¥4,237.98 and JP¥4,442.02, which gives a possible trading interval of +/-JP¥102.02 (+/-2.35%) up or down from last closing price. If STELLA CHEMIFA CORPORATION takes out the full calculated possible swing range there will be an estimated 4.70% 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¥4,345.00 (0.12%) than the support at JP¥4,175.00 (3.80%), 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?
STELLA CHEMIFA CORPORATION holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.922 Strong Buy Candidate Upgraded
Predicted Opening Price for STELLA CHEMIFA CORPORATION of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| JP¥4,326.67 ( 0.307%) | JP¥4,340.00 |
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 | 4,386.67 | 1.08% |
| R2 | 4,363.75 | 0.547% |
| R1 | 4,349.59 | 0.221% |
| Price | 4,340.00 | |
| S1 | 4,303.75 | -0.84% |
| S2 | 4,289.59 | -1.16% |
| S3 | 4,266.67 | -1.69% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 4,350.00 | 0.230% |
| R1 | 4,345.00 | 0.115% |
| Price | 4,340.00 | |
| S1 | 4,175.00 | -3.80% |
| S2 | 3,940.00 | -9.22% |
| S3 | 3,805.00 | -12.33% |
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% |
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