TOHO SYSTEM SCIENCE CO.,LTD. Stock Forecast
TOHO SYSTEM SCIENCE CO.,LTD. stock downgraded from Strong Buy Candidate to Buy Candidate after Friday trading session.
(Updated on May 31, 2024)
The TOHO SYSTEM SCIENCE CO.,LTD. stock price gained 0.145% on the last trading day (Friday, 31st May 2024), rising from JP¥1,380.00 to JP¥1,382.00. During the last trading day the stock fluctuated 2.98% from a day low at JP¥1,342.00 to a day high of JP¥1,382.00. The price has risen in 7 of the last 10 days and is up by 6.88% over the past 2 weeks. Volume fell on the last day by -18 thousand shares and in total, 17 thousand shares were bought and sold for approximately JP¥22.94 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 upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at JP¥1,401.18 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 6.88% during the next 3 months and, with a 90% probability hold a price between JP¥1,339.31 and JP¥1,497.56 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.
4333.T Signals & Forecast
Mostly positive signals in the chart today. The TOHO SYSTEM SCIENCE CO.,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¥1,356.71 and JP¥1,308.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 15.55%. 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 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 TOHO SYSTEM SCIENCE CO.,LTD. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,310.00 and JP¥1,271.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, TOHO SYSTEM SCIENCE CO.,LTD. finds support just below today's level at JP¥1,310.00. If this is broken, then the next support from accumulated volume will be at JP¥1,271.00 and JP¥1,196.00.
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¥40.00 (2.98%) between high and low. For the last week, the stock has had daily average volatility of 3.01%.
Our recommended stop-loss: JP¥1,336.95 (-3.26%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 62 days ago.)
Trading Expectations (4333.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect TOHO SYSTEM SCIENCE CO.,LTD. to open at JP¥1,368.67, and during the day (based on 14 day Average True Range), to move between JP¥1,345.90 and JP¥1,418.10, which gives a possible trading interval of +/-JP¥36.10 (+/-2.61%) up or down from last closing price. If TOHO SYSTEM SCIENCE CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.22% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥1,310.00, some JP¥72.00 (5.21%) from the current price of JP¥1,382.00, our system finds the risk reward attractive.
Is TOHO SYSTEM SCIENCE 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 TOHO SYSTEM SCIENCE CO.,LTD. stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.
Current score: 2.746 Buy Candidate Downgraded
Predicted Opening Price for TOHO SYSTEM SCIENCE CO.,LTD. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥1,368.67 ( 0.96%) | JP¥1,382.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4333.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,408.67 | 1.93 % | |
| R2 | 1,393.39 | 0.82 % | ||
| R1 | 1,383.95 | 0.141 % | ||
| Current price: | 1,382.00 | |||
| Support | S1 | 1,353.39 | -2.07 % | |
| S2 | 1,343.95 | -2.75 % | ||
| S3 | 1,328.67 | -3.86 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 1,382.00 | |||
| Support | S1 | 1,310.00 | -5.21% | |
| S2 | 1,271.00 | -8.03% | ||
| S3 | 1,196.00 | -13.46% |
4333 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 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥20.00 | 2.68% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥20.00 | 3.06% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥15.00 | 2.36% |
FAQ
Click here for our free guide on how to buy TOHO SYSTEM SCIENCE CO.,LTD. Stock.
