Computer Institute of Japan, Ltd. Stock Forecast
Red day on Thursday for Computer Institute of Japan, Ltd. stock after losing 0%
(Updated on May 02, 2024)
No changes to the price of Computer Institute of Japan, Ltd. stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 1.74% from a day low at JP¥460.00 to a day high of JP¥468.00. The price has risen in 5 of the last 10 days but is still down by -3.76% for this period.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥437.88 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -24.49% during the next 3 months and, with a 90% probability hold a price between JP¥330.62 and JP¥725.17 at the end of this 3-month period.
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4826.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 0.436%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Computer Institute of Japan, Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥472.86 and JP¥610.51. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Computer Institute of Japan, Ltd. stock
Computer Institute of Japan, Ltd. finds support from accumulated volume at JP¥459.00 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¥8.00 between high and low, or 1.74%. For the last week, the stock has had daily average volatility of 4.25%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (4826.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Computer Institute of Japan, Ltd. to open at JP¥463.00, and during the day (based on 14 day Average True Range), to move between JP¥427.38 and JP¥494.62, which gives a possible trading interval of +/-JP¥33.62 (+/-7.29%) up or down from last closing price. If Computer Institute of Japan, Ltd. takes out the full calculated possible swing range there will be an estimated 14.58% 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¥459.00 (0.43%) than the resistance at JP¥515.00 (11.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Computer Institute of Japan, Ltd. stock A Buy?
Computer Institute of Japan, Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.675 Sell Candidate Unchanged
Predicted Opening Price for Computer Institute of Japan, Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥463.00 ( 0.434%) | JP¥461.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4826.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 471.00 | 2.17 % | |
| R2 | 467.94 | 1.51 % | ||
| R1 | 466.06 | 1.10 % | ||
| Current price: | 461.00 | |||
| Support | S1 | 459.94 | -0.229 % | |
| S2 | 458.06 | -0.639 % | ||
| S3 | 455.00 | -1.30 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 562.00 | 21.91 % | |
| R2 | 519.00 | 12.58 % | ||
| R1 | 515.00 | 11.71 % | ||
| Current price | 461.00 | |||
| Support | S1 | 459.00 | -0.434% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
4826 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥13.00 | 3.11% |
| 2 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥12.50 | 4.99% |
| 3 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | JP¥1.25 | 0.540% |
| 4 | Jun 29, 2020 | Jun 29, 2020 | Jun 29, 2020 | JP¥8.33 | 3.54% |
| 5 | Jun 26, 2019 | Jun 26, 2019 | Jun 26, 2019 | JP¥8.33 | 3.01% |
FAQ
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