INFORMATION CREATIVE 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
Evaluation of INFORMATION CREATIVE CO.,LTD. stock downgraded after the last trading session.
(Updated on May 01, 2024)
No changes to the price of INFORMATION CREATIVE CO.,LTD. stock on the last trading day (Wednesday, 1st May 2024). During the last trading day the stock fluctuated 0% from a day low at JP¥917.00 to a day high of JP¥917.00. The price has fallen in 5 of the last 10 days and is down by -0.22% for this period.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect INFORMATION CREATIVE CO.,LTD. stock with a 90% probability to be traded between JP¥884.32 and JP¥937.00 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.
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4769.T Signals & Forecast
The INFORMATION CREATIVE 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¥903.14 and JP¥914.37. A breakdown below any of these levels will issue sell signals. 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 Tuesday, April 30, 2024, and so far it has fallen 0%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The stock had a Golden Star Signal on Thursday, March 14, 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 Thursday, March 14, 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.
A buy signal from a double bottom formation was found on Tuesday, April 23, 2024 and based on theory for this formation the price should go up by 3.87% to JP¥952.50 within 48 trading days since signal was issued (Thursday, May 02, 2024).
Support, Risk & Stop-loss for INFORMATION CREATIVE CO.,LTD. stock
INFORMATION CREATIVE CO.,LTD. finds support from accumulated volume at JP¥915.00 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¥0 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.32%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (4769.T) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect INFORMATION CREATIVE CO.,LTD. to open at JP¥917.00, and during the day (based on 14 day Average True Range), to move between JP¥906.55 and JP¥927.45, which gives a possible trading interval of +/-JP¥10.45 (+/-1.14%) up or down from last closing price. If INFORMATION CREATIVE CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.28% 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¥918.00 (0.11%) than the support at JP¥915.00 (0.22%), 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 INFORMATION CREATIVE CO.,LTD. stock A Buy?
INFORMATION CREATIVE CO.,LTD. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.096 Sell Candidate Downgraded
Predicted Opening Price for INFORMATION CREATIVE CO.,LTD. of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| JP¥917.00 ( 0%) | JP¥917.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4769.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 917.00 | . | |
| R2 | 917.00 | . | ||
| R1 | 917.00 | . | ||
| Current price: | 917.00 | |||
| Support | S1 | 917.00 | . | |
| S2 | 917.00 | . | ||
| S3 | 917.00 | . |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 929.00 | 1.31 % | |
| R2 | 920.00 | 0.327 % | ||
| R1 | 918.00 | 0.109 % | ||
| Current price | 917.00 | |||
| Support | S1 | 915.00 | -0.218% | |
| S2 | 914.00 | -0.327% | ||
| S3 | 905.00 | -1.31% |
4769 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥31.00 | 3.39% |
| 3 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥23.00 | 2.66% |
| 4 | Sep 29, 2020 | Sep 29, 2020 | Sep 29, 2020 | JP¥21.00 | 2.38% |
| 5 | Sep 27, 2019 | Sep 27, 2019 | Sep 27, 2019 | JP¥21.00 | 3.07% |
FAQ
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