ZERIA PHARMACEUTICAL 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
ZERIA PHARMACEUTICAL CO.,LTD. stock upgraded to Buy Candidate.
(Updated on May 02, 2024)
The ZERIA PHARMACEUTICAL CO.,LTD. stock price gained 1.00% on the last trading day (Thursday, 2nd May 2024), rising from JP¥2,098.00 to JP¥2,119.00. 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 1.53% from a day low at JP¥2,098.00 to a day high of JP¥2,130.00. The price has risen in 7 of the last 10 days and is up by 4.64% 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, 24 thousand more shares were traded than the day before. In total, 58 thousand shares were bought and sold for approximately JP¥123.54 million.
The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at JP¥2,140.92 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -5.76% during the next 3 months and, with a 90% probability hold a price between JP¥1,880.37 and JP¥2,017.64 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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4559.T Signals & Forecast
Mostly positive signals in the chart today. The ZERIA PHARMACEUTICAL 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¥2,076.71 and JP¥2,104.66. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 5.27%. 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 ZERIA PHARMACEUTICAL CO.,LTD. stock
ZERIA PHARMACEUTICAL CO.,LTD. finds support from accumulated volume at JP¥2,116.00 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 1.53%. For the last week the stock has had daily average volatility of 1.60%.
Our recommended stop-loss: JP¥2,021.61 (-4.60%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (4559.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect ZERIA PHARMACEUTICAL CO.,LTD. to open at JP¥2,115.67, and during the day (based on 14 day Average True Range), to move between JP¥2,087.54 and JP¥2,150.46, which gives a possible trading interval of +/-JP¥31.46 (+/-1.48%) up or down from last closing price. If ZERIA PHARMACEUTICAL CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.97% 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¥2,116.00 (0.14%) than the resistance at JP¥2,165.00 (2.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
ZERIA PHARMACEUTICAL CO.,LTD. will release earnings BMO on Thursday, May 09, 2024. We will update the financials statements for ZERIA PHARMACEUTICAL CO.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.84% in the first trading day after earnings release.
Is ZERIA PHARMACEUTICAL CO.,LTD. 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 Sell to a Buy candidate.
Current score: 3.507 Buy Candidate Upgraded
Predicted Opening Price for ZERIA PHARMACEUTICAL CO.,LTD. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥2,115.67 ( 0.157%) | JP¥2,119.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4559.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,147.67 | 1.35 % | |
| R2 | 2,135.44 | 0.776 % | ||
| R1 | 2,127.89 | 0.420 % | ||
| Current price: | 2,119.00 | |||
| Support | S1 | 2,103.44 | -0.734 % | |
| S2 | 2,095.89 | -1.09 % | ||
| S3 | 2,083.67 | -1.67 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,263.00 | 6.80 % | |
| R2 | 2,186.00 | 3.16 % | ||
| R1 | 2,165.00 | 2.17 % | ||
| Current price | 2,119.00 | |||
| Support | S1 | 2,116.00 | -0.142% | |
| S2 | 2,095.00 | -1.13% | ||
| S3 | 2,059.00 | -2.83% |
4559 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥22.00 | 0.99% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥18.00 | 0.87% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥18.00 | 0.92% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥17.00 | 0.83% |
FAQ
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