TOKAI SOFT 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
TOKAI SOFT CO.,LTD. stock price up 1.45% on Friday
(Updated on May 17, 2024)
The TOKAI SOFT CO.,LTD. stock price gained 1.45% on the last trading day (Friday, 17th May 2024), rising from JP¥1,383.00 to JP¥1,403.00. During the last trading day the stock fluctuated 3.07% from a day low at JP¥1,368.00 to a day high of JP¥1,410.00. The price has been going up and down for this period, and there has been a -0.43% loss for the last 2 weeks. Volume fell on the last day by -13 thousand shares and in total, 18 thousand shares were bought and sold for approximately JP¥25.82 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¥1,388.67 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 28.39% during the next 3 months and, with a 90% probability hold a price between JP¥1,782.95 and JP¥1,943.49 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.
4430.T Signals & Forecast
A sell signal was issued from a pivot top point on Wednesday, May 08, 2024, and so far it has fallen -4.82%. 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 TOKAI SOFT 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¥1,421.71. On a fall, the stock will find some support from the long-term average at approximately JP¥1,377.71. 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 TOKAI SOFT CO.,LTD. stock
TOKAI SOFT CO.,LTD. finds support from accumulated volume at JP¥1,377.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥42.00 between high and low, or 3.07%. For the last week, the stock has had daily average volatility of 2.19%.
Our recommended stop-loss: JP¥1,339.82 (-4.50%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)
Trading Expectations (4430.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect TOKAI SOFT CO.,LTD. to open at JP¥1,393.67, and during the day (based on 14 day Average True Range), to move between JP¥1,369.22 and JP¥1,436.78, which gives a possible trading interval of +/-JP¥33.78 (+/-2.41%) up or down from last closing price. If TOKAI SOFT CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.81% 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¥1,412.00 (0.64%) than the support at JP¥1,377.00 (1.85%), 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 TOKAI SOFT 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: 2.816 Buy Candidate Unchanged
Predicted Opening Price for TOKAI SOFT CO.,LTD. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥1,393.67 ( 0.665%) | JP¥1,403.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4430.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,435.67 | 2.33 % | |
| R2 | 1,419.62 | 1.18 % | ||
| R1 | 1,409.71 | 0.478 % | ||
| Current price: | 1,403.00 | |||
| Support | S1 | 1,377.62 | -1.81 % | |
| S2 | 1,367.71 | -2.52 % | ||
| S3 | 1,351.67 | -3.66 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,438.00 | 2.49 % | |
| R2 | 1,414.00 | 0.784 % | ||
| R1 | 1,412.00 | 0.641 % | ||
| Current price | 1,403.00 | |||
| Support | S1 | 1,377.00 | -1.85% | |
| S2 | 1,355.00 | -3.42% | ||
| S3 | 1,165.00 | -16.96% |
4430 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 30, 2023 | May 30, 2023 | May 30, 2023 | JP¥30.00 | 2.99% |
| 2 | May 30, 2022 | May 30, 2022 | May 30, 2022 | JP¥16.00 | 1.50% |
| 3 | May 28, 2021 | May 28, 2021 | May 28, 2021 | JP¥15.00 | 1.14% |
| 4 | May 28, 2020 | May 28, 2020 | May 28, 2020 | JP¥15.00 | 1.10% |
| 5 | May 29, 2019 | May 29, 2019 | May 29, 2019 | JP¥12.50 | 1.20% |
FAQ
Click here for our free guide on how to buy TOKAI SOFT CO.,LTD. Stock.
