Vario Secure Inc. Stock Forecast
Vario Secure Inc. stock upgraded to Buy Candidate.
(Updated on Jun 28, 2024)
The Vario Secure Inc. stock price gained 1.55% on the last trading day (Friday, 28th Jun 2024), rising from JP¥646.00 to JP¥656.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.95% from a day low at JP¥647.00 to a day high of JP¥679.00. The price has risen in 6 of the last 10 days and is up by 2.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 18 thousand shares were bought and sold for approximately JP¥11.61 million.
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 -10.38% during the next 3 months and, with a 90% probability hold a price between JP¥533.29 and JP¥609.77 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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4494.T Signals & Forecast
Mostly positive signals in the chart today. The Vario Secure Inc. 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¥643.57 and JP¥641.77. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 5.30%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Vario Secure Inc. stock
Vario Secure Inc. finds support from accumulated volume at JP¥647.00 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¥32.00 between high and low, or 4.95%. For the last week the stock has had daily average volatility of 2.06%.
Our recommended stop-loss: JP¥631.20 (-3.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 54 days ago.)
Trading Expectations (4494.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Vario Secure Inc. to open at JP¥660.67, and during the day (based on 14 day Average True Range), to move between JP¥645.00 and JP¥667.00, which gives a possible trading interval of +/-JP¥11.00 (+/-1.68%) up or down from last closing price. If Vario Secure Inc. takes out the full calculated possible swing range there will be an estimated 3.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥647.00 (1.37%) than the resistance at JP¥691.00 (5.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vario Secure Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.304 Buy Candidate Upgraded
Predicted Opening Price for Vario Secure Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥660.67 ( 0.711%) | JP¥656.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4494.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 692.67 | 5.59% |
| R2 | 680.44 | 3.73% |
| R1 | 672.89 | 2.57% |
| Price | 656.00 | |
| S1 | 648.44 | -1.15% |
| S2 | 640.89 | -2.30% |
| S3 | 628.67 | -4.17% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 749.00 | 14.18% |
| R2 | 709.00 | 8.08% |
| R1 | 691.00 | 5.34% |
| Price | 656.00 | |
| S1 | 647.00 | -1.37% |
| S2 | 643.00 | -1.98% |
| S3 | 631.00 | -3.81% |
4494 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2023 | Feb 27, 2023 | May 26, 2023 | JP¥40.50 | 4.69% |
| 2 | Feb 25, 2022 | Feb 25, 2022 | May 26, 2022 | JP¥40.44 | 3.53% |
| 3 | Feb 25, 2021 | Feb 25, 2021 | May 31, 2021 | JP¥39.44 | 2.56% |
FAQ
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