Daiki Axis Co.,Ltd. Stock Forecast
Daiki Axis Co.,Ltd. stock price down 0.413% on Thursday
(Updated on Apr 25, 2024)
The Daiki Axis Co.,Ltd. stock price fell by -0.413% on the last day (Thursday, 25th Apr 2024) from JP¥727.00 to JP¥724.00. During the last trading day the stock fluctuated 0.97% from a day low at JP¥721.00 to a day high of JP¥728.00. The price has fallen in 6 of the last 10 days and is down by -1.63% for this period. Volume has increased on the last day by 200 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, 11 thousand shares were bought and sold for approximately JP¥7.96 million.
The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥716.99 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 4.07% during the next 3 months and, with a 90% probability hold a price between JP¥746.19 and JP¥808.61 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.
4245.T Signals & Forecast
The Daiki Axis Co.,Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥723.14 and JP¥723.20. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.40%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 stock had a Golden Star Signal on Friday, August 25, 2023 in the long-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 12 Months
The stock had a Golden Star Signal on Friday, August 25, 2023 in the long-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 Daiki Axis Co.,Ltd. stock
Daiki Axis Co.,Ltd. finds support from accumulated volume at JP¥715.00 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¥7.00 (0.97%) between high and low. For the last week, the stock has had daily average volatility of 1.40%.
Our recommended stop-loss: JP¥689.92 (-4.71%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (4245.T) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Daiki Axis Co.,Ltd. to open at JP¥724.33, and during the day (based on 14 day Average True Range), to move between JP¥710.84 and JP¥737.16, which gives a possible trading interval of +/-JP¥13.16 (+/-1.82%) up or down from last closing price. If Daiki Axis Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥715.00 (1.24%) than the resistance at JP¥736.00 (1.66%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Daiki Axis Co.,Ltd. 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 Daiki Axis Co.,Ltd. stock to perform well in the short-term.
Current score: 1.729 Buy Candidate Unchanged
Predicted Opening Price for Daiki Axis Co.,Ltd. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| JP¥724.33 ( 0.0460%) | JP¥724.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4245.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 731.33 | 1.01 % | |
| R2 | 728.66 | 0.644 % | ||
| R1 | 727.01 | 0.415 % | ||
| Current price: | 724.00 | |||
| Support | S1 | 721.66 | -0.323 % | |
| S2 | 720.01 | -0.551 % | ||
| S3 | 717.33 | -0.92 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 756.00 | 4.42 % | |
| R2 | 746.00 | 3.04 % | ||
| R1 | 736.00 | 1.66 % | ||
| Current price | 724.00 | |||
| Support | S1 | 715.00 | -1.24% | |
| S2 | 699.00 | -3.45% | ||
| S3 | 677.00 | -6.49% |
4245 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥0 | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥3.00 | 0.416% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥12.00 | 1.78% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥12.00 | 1.59% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥12.00 | 1.44% |
FAQ
Click here for our free guide on how to buy Daiki Axis Co.,Ltd. Stock.
