ALPHA SYSTEMS INC. 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
ALPHA SYSTEMS INC. stock price ended at JP¥3,225.00 on Tuesday, after gaining 3.04%.
(Updated on May 07, 2024)
The ALPHA SYSTEMS INC. stock price gained 3.04% on the last trading day (Tuesday, 7th May 2024), rising from JP¥3,130.00 to JP¥3,225.00. During the last trading day the stock fluctuated 3.34% from a day low at JP¥3,140.00 to a day high of JP¥3,245.00. The price has been going up and down for this period, and there has been a 0.47% 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, 3 thousand more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately JP¥20.00 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¥3,240.69 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 -8.36% during the next 3 months and, with a 90% probability hold a price between JP¥2,826.26 and JP¥2,969.78 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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4719.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 3.70%. Further rise is indicated until a new top pivot has been found. 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 ALPHA SYSTEMS INC. 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¥3,229.00. On a fall, the stock will find some support from the short-term average at JP¥3,160.71. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for ALPHA SYSTEMS INC. stock
ALPHA SYSTEMS INC. finds support from accumulated volume at JP¥3,210.00 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¥105.00 between high and low, or 3.34%. For the last week the stock has had daily average volatility of 2.22%.
Our recommended stop-loss: JP¥3,064.70 (-4.97%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (4719.T) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect ALPHA SYSTEMS INC. to open at JP¥3,203.33, and during the day (based on 14 day Average True Range), to move between JP¥3,148.19 and JP¥3,301.81, which gives a possible trading interval of +/-JP¥76.81 (+/-2.38%) up or down from last closing price. If ALPHA SYSTEMS INC. takes out the full calculated possible swing range there will be an estimated 4.76% 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¥3,210.00 (0.47%) than the resistance at JP¥3,270.00 (1.40%), 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
ALPHA SYSTEMS INC. will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for ALPHA SYSTEMS INC., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.31% in the first trading day after earnings release.
Is ALPHA SYSTEMS INC. stock A Buy?
ALPHA 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.
Current score: 0.121 Hold/Accumulate Unchanged
Predicted Opening Price for ALPHA SYSTEMS INC. of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| JP¥3,203.33 ( 0.672%) | JP¥3,225.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4719.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,308.33 | 2.58 % | |
| R2 | 3,268.22 | 1.34 % | ||
| R1 | 3,243.44 | 0.572 % | ||
| Current price: | 3,225.00 | |||
| Support | S1 | 3,163.22 | -1.92 % | |
| S2 | 3,138.44 | -2.68 % | ||
| S3 | 3,098.33 | -3.93 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,495.00 | 8.37 % | |
| R2 | 3,490.00 | 8.22 % | ||
| R1 | 3,270.00 | 1.40 % | ||
| Current price | 3,225.00 | |||
| Support | S1 | 3,210.00 | -0.465% | |
| S2 | 3,185.00 | -1.24% | ||
| S3 | 3,080.00 | -4.50% |
4719 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¥35.00 | 0.85% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥35.00 | 0.84% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥30.00 | 0.702% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥25.00 | 0.600% |
FAQ
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