RISO KYOIKU 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
RISO KYOIKU CO.,LTD. stock upgraded to Buy Candidate.
(Updated on Jun 21, 2024)
The RISO KYOIKU CO.,LTD. stock price gained 0.402% on the last trading day (Friday, 21st Jun 2024), rising from JP¥249.00 to JP¥250.00. During the last trading day the stock fluctuated 2.42% from a day low at JP¥248.00 to a day high of JP¥254.00. The price has been going up and down for this period, and there has been a 2.46% 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, 423 thousand more shares were traded than the day before. In total, 681 thousand shares were bought and sold for approximately JP¥170.35 million.
The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥241.26 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.58% during the next 3 months and, with a 90% probability hold a price between JP¥249.90 and JP¥322.85 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
4714.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 4.60%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The RISO KYOIKU CO.,LTD. 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¥258.11. On a fall, the stock will find some support from the short-term average at JP¥249.14. 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.
Support, Risk & Stop-loss for RISO KYOIKU CO.,LTD. stock
RISO KYOIKU CO.,LTD. finds support from accumulated volume at JP¥249.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥6.00 between high and low, or 2.42%. For the last week, the stock has had daily average volatility of 3.08%.
Our recommended stop-loss: JP¥240.45 (-3.82%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 50 days ago.)
Trading Expectations (4714.T) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect RISO KYOIKU CO.,LTD. to open at JP¥250.67, and during the day (based on 14 day Average True Range), to move between JP¥242.61 and JP¥257.39, which gives a possible trading interval of +/-JP¥7.39 (+/-2.95%) up or down from last closing price. If RISO KYOIKU CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.91% 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¥249.00 (0.40%) than the resistance at JP¥273.00 (9.20%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is RISO KYOIKU CO.,LTD. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for RISO KYOIKU CO.,LTD. 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: 2.996 Buy Candidate Upgraded
Predicted Opening Price for RISO KYOIKU CO.,LTD. of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| JP¥250.67 ( 0.267%) | JP¥250.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4714.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 256.67 | 2.67% |
| R2 | 254.37 | 1.75% |
| R1 | 252.96 | 1.18% |
| Price | 250.00 | |
| S1 | 248.37 | -0.650% |
| S2 | 246.96 | -1.22% |
| S3 | 244.67 | -2.13% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 277.00 | 10.80% |
| R2 | 275.00 | 10.00% |
| R1 | 273.00 | 9.20% |
| Price | 250.00 | |
| S1 | 249.00 | -0.400% |
| S2 | 223.00 | -10.80% |
| S3 | 217.00 | -13.20% |
4714 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2025 | Feb 27, 2025 | Feb 27, 2025 | JP¥0 | 0% |
| 2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥10.00 | 4.46% |
| 3 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥16.00 | 4.86% |
| 4 | Feb 25, 2022 | Feb 25, 2022 | Feb 25, 2022 | JP¥16.00 | 4.29% |
| 5 | Feb 25, 2021 | Feb 25, 2021 | Feb 25, 2021 | JP¥9.50 | 2.92% |
FAQ
Click here for our free guide on how to buy RISO KYOIKU CO.,LTD. Stock.
