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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 4249.T
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Stronger technical forecast for MORIROKU HOLDINGS COMPANY,LTD. stock price after Tuesday trading.
(Updated on Jun 25, 2024)

Buy or Hold candidate since May 30, 2024 Gain 3.47% PDF

The MORIROKU HOLDINGS COMPANY,LTD. stock price gained 1.40% on the last trading day (Tuesday, 25th Jun 2024), rising from JP¥2,795.00 to JP¥2,834.00. During the last trading day the stock fluctuated 1.93% from a day low at JP¥2,795.00 to a day high of JP¥2,849.00. The price has risen in 5 of the last 10 days and is up by 1.94% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 thousand more shares were traded than the day before. In total, 19 thousand shares were bought and sold for approximately JP¥53.00 million.

The stock lies in the middle of a narrow and weak 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 6.52% during the next 3 months and, with a 90% probability hold a price between JP¥2,918.62 and JP¥3,050.01 at the end of this 3-month period.

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4249.T Signals & Forecast

The MORIROKU HOLDINGS COMPANY,LTD. 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¥2,801.29 and JP¥2,737.31. 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 Wednesday, June 19, 2024, and so far it has fallen -0.631%. 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 MORIROKU HOLDINGS COMPANY,LTD. stock

MORIROKU HOLDINGS COMPANY,LTD. finds support from accumulated volume at JP¥2,700.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥54.00 between high and low, or 1.93%. For the last week the stock has had daily average volatility of 2.17%.

Our recommended stop-loss: JP¥2,712.71 (-4.28%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 58 days ago.)

Trading Expectations (4249.T) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect MORIROKU HOLDINGS COMPANY,LTD. to open at JP¥2,826.00, and during the day (based on 14 day Average True Range), to move between JP¥2,782.72 and JP¥2,885.28, which gives a possible trading interval of +/-JP¥51.28 (+/-1.81%) up or down from last closing price. If MORIROKU HOLDINGS COMPANY,LTD. takes out the full calculated possible swing range there will be an estimated 3.62% 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¥2,840.00 (0.21%) than the support at JP¥2,700.00 (4.73%), 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 MORIROKU HOLDINGS COMPANY,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 MORIROKU HOLDINGS COMPANY,LTD. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.129 Buy Candidate Upgraded

Predicted Opening Price for MORIROKU HOLDINGS COMPANY,LTD. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
JP¥2,826.00 ( 0.282%) JP¥2,834.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 4249.T

Fibonacci Support & Resistance Levels

Level Price
R3 2,880.00 1.62%
R2 2,859.37 0.90%
R1 2,846.63 0.446%
Price 2,834.00
S1 2,805.37 -1.01%
S2 2,792.63 -1.46%
S3 2,772.00 -2.19%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 2,852.00 0.635%
R1 2,840.00 0.212%
Price 2,834.00
S1 2,700.00 -4.73%
S2 2,658.00 -6.21%
S3 2,595.00 -8.43%

4249 Dividend Payout History


# Declaration Date 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 04, 2024 JP¥50.00 1.80%
3 Sep 28, 2023 Sep 28, 2023 Dec 01, 2023 JP¥50.00 1.69%
4 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥6.00 0.330%
5 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥47.00 2.79%

FAQ

What is the symbol for MORIROKU HOLDINGS COMPANY,LTD. Stock and on which exchange is it traded?
The symbol for MORIROKU HOLDINGS COMPANY,LTD. is 4249.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell MORIROKU HOLDINGS COMPANY,LTD. Stock?
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 MORIROKU HOLDINGS COMPANY,LTD. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy MORIROKU HOLDINGS COMPANY,LTD. Stock?
MORIROKU HOLDINGS COMPANY,LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MORIROKU HOLDINGS COMPANY,LTD. Stock.

What's the current price of MORIROKU HOLDINGS COMPANY,LTD. Stock?
As of the end of day on the Jun 25, 2024, the price of an MORIROKU HOLDINGS COMPANY,LTD. (4249.T) share was JP¥2,834.00.

What is the 52-week high and low for MORIROKU HOLDINGS COMPANY,LTD. Stock?
The 52-week high for MORIROKU HOLDINGS COMPANY,LTD. Stock is JP¥2,995.00 and the 52-week low is JP¥2,015.00.

What is the market capitalization of MORIROKU HOLDINGS COMPANY,LTD. Stock?
As of the Jun 25, 2024, the market capitalization of MORIROKU HOLDINGS COMPANY,LTD. is 41.99B.

When is the next earnings date for MORIROKU HOLDINGS COMPANY,LTD.?
The upcoming earnings date for MORIROKU HOLDINGS COMPANY,LTD. is Aug 07, 2024.
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About MORIROKU HOLDINGS COMPANY,LTD.

MORIROKU HOLDINGS COMPANY Moriroku Holdings Company, Ltd. develops, manufactures, and distributes resin molded parts for 4-wheeled and 2-wheeled vehicles and functional parts in Japan. Its products include exterior and interior parts, as well as precision machinery and electric tool components. The company also manufactures, distributes, imports and exports, and sells chemical and synthetic resin products. In addition, it imports, exports, and sells electronic materials, ... 4249.T Profile

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