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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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MORIROKU HOLDINGS COMPANY,LTD. stock upgraded from Hold/Accumulate to Strong Buy Candidate after Friday trading session.
(Updated on Jun 14, 2024)

Buy or Hold candidate since May 30, 2024 Gain 2.26% PDF

The MORIROKU HOLDINGS COMPANY,LTD. stock price gained 1.49% on the last trading day (Friday, 14th Jun 2024), rising from JP¥2,760.00 to JP¥2,801.00. During the last trading day the stock fluctuated 2.64% from a day low at JP¥2,729.00 to a day high of JP¥2,801.00. The price has fallen in 5 of the last 10 days but is still up by 0.5% 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, 12 thousand more shares were traded than the day before. In total, 26 thousand shares were bought and sold for approximately JP¥73.67 million.

The stock lies in the middle of a 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 2.69% during the next 3 months and, with a 90% probability hold a price between JP¥2,709.41 and JP¥2,936.15 at the end of this 3-month period.

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4249.T Signals & Forecast

Mostly positive signals in the chart today. 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¥2,783.57 and JP¥2,715.26. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 01, 2024, and so far it has risen 8.73%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for MORIROKU HOLDINGS COMPANY,LTD. stock

MORIROKU HOLDINGS COMPANY,LTD. finds support from accumulated volume at JP¥2,787.00 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¥72.00 (2.64%) between high and low. For the last week, the stock has had daily average volatility of 1.37%.

Our recommended stop-loss: JP¥2,700.16 (-3.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 59 days ago.)

Trading Expectations (4249.T) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect MORIROKU HOLDINGS COMPANY,LTD. to open at JP¥2,777.00, and during the day (based on 14 day Average True Range), to move between JP¥2,757.78 and JP¥2,844.22, which gives a possible trading interval of +/-JP¥43.22 (+/-1.54%) 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 3.09% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ JP¥2,787.00, some JP¥14.00 (0.50%) from the current price of JP¥2,801.00, our system finds the risk reward attractive.

Is MORIROKU HOLDINGS COMPANY,LTD. stock A Buy?

MORIROKU HOLDINGS COMPANY,LTD. holds several positive signals and is within a weak 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 Hold/Accumulate to a Strong Buy candidate.

Current score: 5.402 Strong Buy Candidate Upgraded

Predicted Opening Price for MORIROKU HOLDINGS COMPANY,LTD. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
JP¥2,777.00 ( 0.86%) JP¥2,801.00

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 2,849.00 1.71%
R2 2,821.50 0.732%
R1 2,804.50 0.125%
Price 2,801.00
S1 2,749.50 -1.84%
S2 2,732.50 -2.45%
S3 2,705.00 -3.43%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 2,801.00
S1 2,787.00 -0.500%
S2 2,780.00 -0.750%
S3 2,757.00 -1.57%

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?
MORIROKU HOLDINGS COMPANY,LTD. holds several positive signals and is within a weak 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 Hold/Accumulate to a Strong 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 14, 2024, the price of an MORIROKU HOLDINGS COMPANY,LTD. (4249.T) share was JP¥2,801.00.

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¥1,998.00.

What is the market capitalization of MORIROKU HOLDINGS COMPANY,LTD. Stock?
As of the Jun 14, 2024, the market capitalization of MORIROKU HOLDINGS COMPANY,LTD. is 41.501B.

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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