I3 Systems, Inc. Stock Forecast
Evaluation of I3 Systems, Inc. stock downgraded after the last trading session.
(Updated on Jun 27, 2024)
The I3 Systems, Inc. stock price gained 0.81% on the last trading day (Thursday, 27th Jun 2024), rising from JP¥1,479.00 to JP¥1,491.00. It has now gained 4 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 2.58% from a day low at JP¥1,475.00 to a day high of JP¥1,513.00. The price has risen in 7 of the last 10 days and is up by 2.26% 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, 5 thousand more shares were traded than the day before. In total, 8 thousand shares were bought and sold for approximately JP¥11.93 million.
Given the current short-term trend, the stock is expected to fall -9.42% during the next 3 months and, with a 90% probability hold a price between JP¥1,201.05 and JP¥1,350.53 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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4495.T Signals & Forecast
The I3 Systems, 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¥1,458.43 and JP¥1,437.66. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 8.36%. 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 I3 Systems, Inc. stock
I3 Systems, Inc. finds support from accumulated volume at JP¥1,454.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥38.00 (2.58%) between high and low. For the last week, the stock has had daily average volatility of 1.73%.
Our recommended stop-loss: JP¥1,437.92 (-3.56%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 61 days ago.)
Trading Expectations (4495.T) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect I3 Systems, Inc. to open at JP¥1,493.00, and during the day (based on 14 day Average True Range), to move between JP¥1,465.17 and JP¥1,516.83, which gives a possible trading interval of +/-JP¥25.83 (+/-1.73%) up or down from last closing price. If I3 Systems, Inc. takes out the full calculated possible swing range there will be an estimated 3.47% 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¥1,454.00 (2.48%) than the resistance at JP¥1,591.00 (6.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is I3 Systems, Inc. stock A Buy?
I3 Systems, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for I3 Systems, Inc. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| JP¥1,493.00 ( 0.134%) | JP¥1,491.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4495.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,531.00 | 2.68% |
| R2 | 1,516.48 | 1.71% |
| R1 | 1,507.52 | 1.11% |
| Price | 1,491.00 | |
| S1 | 1,478.48 | -0.84% |
| S2 | 1,469.52 | -1.44% |
| S3 | 1,455.00 | -2.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,596.00 | 7.04% |
| R2 | 1,592.00 | 6.77% |
| R1 | 1,591.00 | 6.71% |
| Price | 1,491.00 | |
| S1 | 1,454.00 | -2.48% |
| S2 | 1,444.00 | -3.15% |
| S3 | 1,427.00 | -4.29% |
4495 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥32.00 | 2.15% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Sep 28, 2023 | JP¥30.00 | 2.13% |
| 3 | Jun 29, 2022 | Jun 29, 2022 | Sep 29, 2022 | JP¥20.00 | 1.20% |
| 4 | Jun 29, 2021 | Jun 29, 2021 | Sep 30, 2021 | JP¥10.00 | 0.240% |
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