Living Technologies Inc. Stock Forecast
Living Technologies Inc. stock price ended at JP¥2,078.00 on Thursday, after gaining 0.484%.
(Updated on May 02, 2024)
The Living Technologies Inc. stock price gained 0.484% on the last trading day (Thursday, 2nd May 2024), rising from JP¥2,068.00 to JP¥2,078.00. It has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 0% from a day low at JP¥2,078.00 to a day high of JP¥2,078.00. The price has risen in 6 of the last 10 days and is up by 3.9% over the past 2 weeks. Volume fell on the last day by -300 shares and in total, 100 shares were bought and sold for approximately JP¥207.80 thousand. 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 falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.40% during the next 3 months and, with a 90% probability hold a price between JP¥1,715.67 and JP¥1,912.97 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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4445.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 23, 2024, and so far it has risen 4.00%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Living Technologies Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥2,085.26. On a fall, the stock will find some support from the short-term average at JP¥2,033.43. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Living Technologies Inc. stock
Living Technologies Inc. finds support from accumulated volume at JP¥2,015.00 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved JP¥0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.764%.
Since the Living Technologies Inc. has been rising for 6 days in a row, the risk over the next couple of days has increased.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (4445.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Living Technologies Inc. to open at JP¥2,078.00, and during the day (based on 14 day Average True Range), to move between JP¥2,046.76 and JP¥2,109.24, which gives a possible trading interval of +/-JP¥31.24 (+/-1.50%) up or down from last closing price. If Living Technologies Inc. takes out the full calculated possible swing range there will be an estimated 3.01% 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¥2,105.00 (1.30%) than the support at JP¥2,015.00 (3.03%), 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 Living Technologies Inc. stock A Buy?
Living Technologies Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.436 Sell Candidate Unchanged
Predicted Opening Price for Living Technologies Inc. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥2,078.00 ( 0%) | JP¥2,078.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4445.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,078.00 | . | |
| R2 | 2,078.00 | . | ||
| R1 | 2,078.00 | . | ||
| Current price: | 2,078.00 | |||
| Support | S1 | 2,078.00 | . | |
| S2 | 2,078.00 | . | ||
| S3 | 2,078.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,228.00 | 7.22 % | |
| R2 | 2,120.00 | 2.02 % | ||
| R1 | 2,105.00 | 1.30 % | ||
| Current price | 2,078.00 | |||
| Support | S1 | 2,015.00 | -3.03% | |
| S2 | 2,000.00 | -3.75% | ||
| S3 | 1,998.00 | -3.85% |
FAQ
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