Carlit Holdings Co.,Ltd. Stock Forecast
Carlit Holdings Co.,Ltd. stock price up 0.0917% on Tuesday
(Updated on Apr 23, 2024)
The Carlit Holdings Co.,Ltd. stock price gained 0.0917% on the last trading day (Tuesday, 23rd Apr 2024), rising from JP¥1,090.00 to JP¥1,091.00. During the last trading day the stock fluctuated 1.66% from a day low at JP¥1,087.00 to a day high of JP¥1,105.00. The price has risen in 6 of the last 10 days but is still down by -0.82% for this period. Volume fell on the last day by -24 thousand shares and in total, 54 thousand shares were bought and sold for approximately JP¥59.13 million. 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 lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥1,080.32 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 17.17% during the next 3 months and, with a 90% probability hold a price between JP¥1,265.83 and JP¥1,356.49 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.
4275.T Signals & Forecast
A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -4.38%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Carlit Holdings 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¥1,099.86. On a fall, the stock will find some support from the long-term average at approximately JP¥1,073.09. 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. 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.
Support, Risk & Stop-loss for Carlit Holdings Co.,Ltd. stock
Carlit Holdings Co.,Ltd. finds support from accumulated volume at JP¥1,058.00 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¥18.00 (1.66%) between high and low. For the last week, the stock has had daily average volatility of 3.12%.
Our recommended stop-loss: JP¥1,039.65 (-4.71%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (4275.T) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Carlit Holdings Co.,Ltd. to open at JP¥1,094.33, and during the day (based on 14 day Average True Range), to move between JP¥1,060.18 and JP¥1,121.82, which gives a possible trading interval of +/-JP¥30.82 (+/-2.82%) up or down from last closing price. If Carlit Holdings Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.65% 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¥1,102.00 (1.01%) than the support at JP¥1,058.00 (3.02%), 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 Carlit Holdings Co.,Ltd. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 2.767 Buy Candidate Unchanged
Predicted Opening Price for Carlit Holdings Co.,Ltd. of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| JP¥1,094.33 ( 0.306%) | JP¥1,091.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4275.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,112.33 | 1.96 % | |
| R2 | 1,105.46 | 1.33 % | ||
| R1 | 1,101.21 | 0.94 % | ||
| Current price: | 1,091.00 | |||
| Support | S1 | 1,087.46 | -0.325 % | |
| S2 | 1,083.21 | -0.714 % | ||
| S3 | 1,076.33 | -1.34 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,120.00 | 2.66 % | |
| R2 | 1,112.00 | 1.92 % | ||
| R1 | 1,102.00 | 1.01 % | ||
| Current price | 1,091.00 | |||
| Support | S1 | 1,058.00 | -3.02% | |
| S2 | 1,049.00 | -3.85% | ||
| S3 | 1,007.00 | -7.70% |
4275 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥20.00 | 2.92% |
| 2 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥16.00 | 2.37% |
| 3 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥12.00 | 1.61% |
| 4 | Mar 30, 2020 | Mar 30, 2020 | Mar 30, 2020 | JP¥12.00 | 2.46% |
| 5 | Mar 27, 2019 | Mar 27, 2019 | Mar 27, 2019 | JP¥12.00 | 1.53% |
FAQ
Click here for our free guide on how to buy Carlit Holdings Co.,Ltd. Stock.
