Kyowa Kirin Co.,Ltd. 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
Kyowa Kirin Co.,Ltd. stock price up 0.392% on Thursday
(Updated on Jun 20, 2024)
The Kyowa Kirin Co.,Ltd. stock price gained 0.392% on the last trading day (Thursday, 20th Jun 2024), rising from JP¥2,679.50 to JP¥2,690.00. During the last trading day the stock fluctuated 0.90% from a day low at JP¥2,670.50 to a day high of JP¥2,694.50. The price has been going up and down for this period, and there has been a -0.11% loss for the last 2 weeks. Volume fell on the last day by -700 thousand shares and in total, 731 thousand shares were bought and sold for approximately JP¥1.97 billion. 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 is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Kyowa Kirin Co.,Ltd. stock with a 90% probability to be traded between JP¥2,532.76 and JP¥2,724.02 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.
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4151.T Signals & Forecast
The Kyowa Kirin 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¥2,694.79. On a fall, the stock will find some support from the long-term average at approximately JP¥2,655.30. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 -2.09%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Friday, May 10, 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 Friday, May 10, 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 Kyowa Kirin Co.,Ltd. stock
Kyowa Kirin Co.,Ltd. finds support from accumulated volume at JP¥2,686.00 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¥24.00 (0.90%) between high and low. For the last week, the stock has had daily average volatility of 2.29%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (4151.T) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Kyowa Kirin Co.,Ltd. to open at JP¥2,685.00, and during the day (based on 14 day Average True Range), to move between JP¥2,638.29 and JP¥2,741.71, which gives a possible trading interval of +/-JP¥51.71 (+/-1.92%) up or down from last closing price. If Kyowa Kirin Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.84% 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¥2,690.50 (0.02%) than the support at JP¥2,686.00 (0.15%), 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 Kyowa Kirin Co.,Ltd. stock A Buy?
Kyowa Kirin Co.,Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.739 Sell Candidate Unchanged
Predicted Opening Price for Kyowa Kirin Co.,Ltd. of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| JP¥2,685.00 ( 0.186%) | JP¥2,690.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4151.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,709.00 | 0.706% |
| R2 | 2,699.83 | 0.366% |
| R1 | 2,694.17 | 0.155% |
| Price | 2,690.00 | |
| S1 | 2,675.83 | -0.527% |
| S2 | 2,670.17 | -0.737% |
| S3 | 2,661.00 | -1.08% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,747.50 | 2.14% |
| R2 | 2,693.00 | 0.112% |
| R1 | 2,690.50 | 0.0186% |
| Price | 2,690.00 | |
| S1 | 2,686.00 | -0.149% |
| S2 | 2,655.50 | -1.28% |
| S3 | 2,644.50 | -1.69% |
4151 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥29.00 | 1.08% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 25, 2024 | JP¥29.00 | 1.06% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥27.00 | 1.01% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥27.00 | 0.89% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥24.00 | 0.786% |
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