Logizard Co.,Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Logizard Co.,Ltd. stock price after Wednesday trading.
(Updated on Jul 03, 2024)
The Logizard Co.,Ltd. stock price gained 1.52% on the last trading day (Wednesday, 3rd Jul 2024), rising from JP¥1,381.00 to JP¥1,402.00. During the last trading day the stock fluctuated 1.44% from a day low at JP¥1,391.00 to a day high of JP¥1,411.00. The price has been going up and down for this period, and there has been a -2.37% loss for the last 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 7 thousand shares were bought and sold for approximately JP¥9.81 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 middle of a wide and strong 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 11.18% during the next 3 months and, with a 90% probability hold a price between JP¥1,475.98 and JP¥1,764.02 at the end of this 3-month period.
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4391.T Signals & Forecast
The Logizard Co.,Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥1,376.57 and JP¥1,389.23. 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. 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 Thursday, June 13, 2024, and so far it has fallen -9.55%. 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 Logizard Co.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,329.00 and JP¥1,315.00. 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, Logizard Co.,Ltd. finds support just below today's level at JP¥1,329.00. If this is broken, then the next support from accumulated volume will be at JP¥1,315.00 and JP¥1,275.00.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥20.00 between high and low, or 1.44%. For the last week, the stock has had daily average volatility of 2.14%.
Our recommended stop-loss: JP¥1,318.16 (-5.98%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 35 days ago.)
Trading Expectations (4391.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Logizard Co.,Ltd. to open at JP¥1,401.33, and during the day (based on 14 day Average True Range), to move between JP¥1,357.43 and JP¥1,446.57, which gives a possible trading interval of +/-JP¥44.57 (+/-3.18%) up or down from last closing price. If Logizard Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.36% 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¥1,457.00 (3.92%) than the support at JP¥1,329.00 (5.21%), 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 Logizard Co.,Ltd. stock A Buy?
Logizard Co.,Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.850 Hold/Accumulate Upgraded
Predicted Opening Price for Logizard Co.,Ltd. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥1,401.33 ( 0.0476%) | JP¥1,402.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4391.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,421.33 | 1.38% |
| R2 | 1,413.69 | 0.83% |
| R1 | 1,408.97 | 0.497% |
| Price | 1,402.00 | |
| S1 | 1,393.69 | -0.592% |
| S2 | 1,388.97 | -0.93% |
| S3 | 1,381.33 | -1.47% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,531.00 | 9.20% |
| R2 | 1,502.00 | 7.13% |
| R1 | 1,457.00 | 3.92% |
| Price | 1,402.00 | |
| S1 | 1,329.00 | -5.21% |
| S2 | 1,315.00 | -6.21% |
| S3 | 1,275.00 | -9.06% |
4391 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥15.00 | 1.07% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥12.00 | 1.27% |
| 3 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥14.95 | 1.32% |
FAQ
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