TOSE CO.,LTD. Stock Forecast
TOSE CO.,LTD. stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Jul 03, 2024)
The TOSE CO.,LTD. stock price fell by -0.144% on the last day (Wednesday, 3rd Jul 2024) from JP¥693.00 to JP¥692.00. During the last trading day the stock fluctuated 0.289% from a day low at JP¥692.00 to a day high of JP¥694.00. The price has risen in 5 of the last 10 days and is up by 0.29% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 2 thousand shares were bought and sold for approximately JP¥1.31 million.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect TOSE CO.,LTD. stock with a 90% probability to be traded between JP¥670.82 and JP¥687.13 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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4728.T Signals & Forecast
The TOSE CO.,LTD. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥693.14. On a fall, the stock will find some support from the long-term average at approximately JP¥690.77. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 17, 2024, and so far it has fallen -0.717%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Monday, June 10, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Monday, June 10, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for TOSE CO.,LTD. stock
TOSE CO.,LTD. finds support from accumulated volume at JP¥689.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved JP¥2.00 between high and low, or 0.289%. For the last week the stock has had daily average volatility of 0.347%
Our recommended stop-loss: JP¥661.56 (-4.40%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 45 days ago.)
Trading Expectations (4728.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect TOSE CO.,LTD. to open at JP¥692.67, and during the day (based on 14 day Average True Range), to move between JP¥687.53 and JP¥696.47, which gives a possible trading interval of +/-JP¥4.47 (+/-0.65%) up or down from last closing price. If TOSE CO.,LTD. takes out the full calculated possible swing range there will be an estimated 1.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at JP¥693.00 (0.14%) than the support at JP¥689.00 (0.43%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is TOSE CO.,LTD. stock A Buy?
TOSE CO.,LTD. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.601 Hold/Accumulate Upgraded
Predicted Opening Price for TOSE CO.,LTD. of Thursday, July 4, 2024
Fair opening price July 4, 2024 | Current price |
---|---|
JP¥692.67 ( 0.0963%) | JP¥692.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4728.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 694.67 | 0.385% |
R2 | 693.90 | 0.275% |
R1 | 693.43 | 0.207% |
Price | 692.00 | |
S1 | 691.90 | -0.0141% |
S2 | 691.43 | -0.0823% |
S3 | 690.67 | -0.193% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 701.00 | 1.30% |
R2 | 697.00 | 0.723% |
R1 | 693.00 | 0.145% |
Price | 692.00 | |
S1 | 689.00 | -0.434% |
S2 | 688.00 | -0.578% |
S3 | 685.00 | -1.01% |
4728 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Aug 29, 2024 | Aug 29, 2024 | Nov 01, 2024 | JP¥12.50 | 1.81% |
2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥12.50 | 1.78% |
3 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥12.50 | 1.69% |
4 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥12.50 | 1.70% |
5 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥12.50 | 1.57% |
FAQ
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