Nomura Research Institute,Ltd. Stock Forecast
Nomura Research Institute,Ltd. stock price up 0.261% on Tuesday
(Updated on Jun 18, 2024)
The Nomura Research Institute,Ltd. stock price gained 0.261% on the last trading day (Tuesday, 18th Jun 2024), rising from JP¥4,221.00 to JP¥4,232.00. During the last trading day the stock fluctuated 0.88% from a day low at JP¥4,211.00 to a day high of JP¥4,248.00. The price has been going up and down for this period, and there has been a 1.24% gain for the last 2 weeks. Volume fell on the last day by -54 thousand shares and in total, 990 thousand shares were bought and sold for approximately JP¥4.19 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 stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at JP¥4,270.36 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Nomura Research Institute,Ltd. stock with a 90% probability to be traded between JP¥3,898.70 and JP¥4,314.63 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
4307.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -0.564%. 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). The Nomura Research Institute,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¥4,212.57 and JP¥4,144.54. A breakdown below any of these levels will issue sell signals. 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 Nomura Research Institute,Ltd. stock
Nomura Research Institute,Ltd. finds support from accumulated volume at JP¥4,204.00 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¥37.00 between high and low, or 0.88%. For the last week the stock has had daily average volatility of 1.85%.
Our recommended stop-loss: JP¥4,093.76 (-3.27%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 33 days ago.)
Trading Expectations (4307.T) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Nomura Research Institute,Ltd. to open at JP¥4,230.33, and during the day (based on 14 day Average True Range), to move between JP¥4,148.68 and JP¥4,315.32, which gives a possible trading interval of +/-JP¥83.32 (+/-1.97%) up or down from last closing price. If Nomura Research Institute,Ltd. takes out the full calculated possible swing range there will be an estimated 3.94% 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¥4,256.00 (0.57%) than the support at JP¥4,204.00 (0.66%), 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 Nomura Research Institute,Ltd. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Nomura Research Institute,Ltd. stock to perform well in the short-term period.
Current score: 2.209 Buy Candidate Unchanged
Predicted Opening Price for Nomura Research Institute,Ltd. of Wednesday, June 19, 2024
| Fair opening price June 19, 2024 | Current price |
|---|---|
| JP¥4,230.33 ( 0.0394%) | JP¥4,232.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4307.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,267.33 | 0.83% |
| R2 | 4,253.20 | 0.501% |
| R1 | 4,244.47 | 0.295% |
| Price | 4,232.00 | |
| S1 | 4,216.20 | -0.373% |
| S2 | 4,207.47 | -0.580% |
| S3 | 4,193.33 | -0.91% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,334.00 | 2.41% |
| R2 | 4,296.00 | 1.51% |
| R1 | 4,256.00 | 0.567% |
| Price | 4,232.00 | |
| S1 | 4,204.00 | -0.662% |
| S2 | 3,940.00 | -6.90% |
| S3 | 3,835.00 | -9.38% |
4307 Dividend Payout History
| # | 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 | May 31, 2024 | JP¥29.00 | 0.690% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Nov 30, 2023 | JP¥24.00 | 0.578% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥23.00 | 0.747% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥22.00 | 0.598% |
FAQ
Click here for our free guide on how to buy Nomura Research Institute,Ltd. Stock.
