HEALIOS K.K. Stock Forecast
On Wednesday, HEALIOS K.K. stock price gained an impressive 5.41%
(Updated on Jun 26, 2024)
The HEALIOS K.K. stock price gained 5.41% on the last trading day (Wednesday, 26th Jun 2024), rising from JP¥185.00 to JP¥195.00. During the last trading day the stock fluctuated 5.91% from a day low at JP¥186.00 to a day high of JP¥197.00. The price has been going up and down for this period, and there has been a 17.47% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately JP¥691.51 million.
The stock has broken the very wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at JP¥194.65, a level that may pose a second chance to hit a runner. According to fan-theory JP¥253.17 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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4593.T Signals & Forecast
Mostly positive signals in the chart today. The HEALIOS K.K. 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¥182.00 and JP¥158.66. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 24, 2024, and so far it has risen 50.00%. 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). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for HEALIOS K.K. stock
HEALIOS K.K. finds support from accumulated volume at JP¥190.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥11.00 between high and low, or 5.91%. For the last week, the stock has had daily average volatility of 7.91%.
Our recommended stop-loss: JP¥187.86 (-3.66%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 55 days ago.)
Trading Expectations (4593.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect HEALIOS K.K. to open at JP¥192.67, and during the day (based on 14 day Average True Range), to move between JP¥183.78 and JP¥206.22, which gives a possible trading interval of +/-JP¥11.22 (+/-5.75%) up or down from last closing price. If HEALIOS K.K. takes out the full calculated possible swing range there will be an estimated 11.51% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥190.00, some JP¥5.00 (2.56%) from the current price of JP¥195.00, our system finds the risk reward attractive.
Is HEALIOS K.K. stock A Buy?
HEALIOS K.K. holds several positive signals and has broken the weak rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.926 Strong Buy Candidate Upgraded
Predicted Opening Price for HEALIOS K.K. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥192.67 ( 1.20%) | JP¥195.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4593.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 203.67 | 4.44% |
| R2 | 199.46 | 2.29% |
| R1 | 196.87 | 0.96% |
| Price | 195.00 | |
| S1 | 188.46 | -3.35% |
| S2 | 185.87 | -4.68% |
| S3 | 181.67 | -6.84% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 195.00 | |
| S1 | 190.00 | -2.56% |
| S2 | 172.00 | -11.79% |
| S3 | 165.00 | -15.38% |
FAQ
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