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:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

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

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 4848.T
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FULLCAST HOLDINGS CO.,LTD. stock price up 1.60% on Tuesday
(Updated on Jun 18, 2024)

Buy or Hold candidate since Jun 10, 2024 Gain 3.25% PDF

The FULLCAST HOLDINGS CO.,LTD. stock price gained 1.60% on the last trading day (Tuesday, 18th Jun 2024), rising from JP¥1,500.00 to JP¥1,524.00. During the last trading day the stock fluctuated 1.32% from a day low at JP¥1,511.00 to a day high of JP¥1,531.00. The price has risen in 6 of the last 10 days and is up by 1.26% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 100 thousand shares were bought and sold for approximately JP¥151.64 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and weak rising 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¥1,545.84 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.28% during the next 3 months and, with a 90% probability hold a price between JP¥1,430.86 and JP¥1,581.13 at the end of this 3-month period.

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4848.T Signals & Forecast

Mostly positive signals in the chart today. The FULLCAST HOLDINGS CO.,LTD. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥1,492.29 and JP¥1,465.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 9.56%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for FULLCAST HOLDINGS CO.,LTD. stock

On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,445.00 and JP¥1,439.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, FULLCAST HOLDINGS CO.,LTD. finds support just below today's level at JP¥1,445.00. If this is broken, then the next support from accumulated volume will be at JP¥1,439.00 and JP¥1,407.00.

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¥20.00 between high and low, or 1.32%. For the last week, the stock has had daily average volatility of 1.86%.

Our recommended stop-loss: JP¥1,470.51 (-3.51%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 28 days ago.)

Trading Expectations (4848.T) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect FULLCAST HOLDINGS CO.,LTD. to open at JP¥1,522.00, and during the day (based on 14 day Average True Range), to move between JP¥1,490.34 and JP¥1,557.66, which gives a possible trading interval of +/-JP¥33.66 (+/-2.21%) up or down from last closing price. If FULLCAST HOLDINGS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.42% 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¥1,527.00 (0.20%) than the support at JP¥1,445.00 (5.18%), 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 FULLCAST HOLDINGS 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 FULLCAST HOLDINGS CO.,LTD. stock to perform well in the short-term.

Current score: 3.900 Buy Candidate Unchanged

Predicted Opening Price for FULLCAST HOLDINGS CO.,LTD. of Wednesday, June 19, 2024

Fair opening price June 19, 2024 Current price
JP¥1,522.00 ( 0.131%) JP¥1,524.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 4848.T

Fibonacci Support & Resistance Levels

Level Price
R3 1,542.00 1.18%
R2 1,534.36 0.680%
R1 1,529.64 0.370%
Price 1,524.00
S1 1,514.36 -0.633%
S2 1,509.64 -0.94%
S3 1,502.00 -1.44%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 1,530.00 0.394%
R1 1,527.00 0.197%
Price 1,524.00
S1 1,445.00 -5.18%
S2 1,439.00 -5.58%
S3 1,407.00 -7.68%

4848 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 27, 2024 Jun 27, 2024 Sep 01, 2024 JP¥31.00 2.03%
2 Dec 28, 2023 Dec 28, 2023 Mar 07, 2024 JP¥32.00 2.33%
3 Jun 29, 2023 Jun 29, 2023 Jun 29, 2023 JP¥29.00 1.29%
4 Dec 29, 2022 Dec 29, 2022 Dec 29, 2022 JP¥35.00 1.24%
5 Jun 29, 2022 Jun 29, 2022 Jun 29, 2022 JP¥23.00 1.05%

FAQ

What is the symbol for FULLCAST HOLDINGS CO.,LTD. Stock and on which exchange is it traded?
The symbol for FULLCAST HOLDINGS CO.,LTD. is 4848.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell FULLCAST HOLDINGS CO.,LTD. Stock?
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 FULLCAST HOLDINGS CO.,LTD. stock to perform well in the short-term.

How to buy FULLCAST HOLDINGS CO.,LTD. Stock?
FULLCAST HOLDINGS CO.,LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FULLCAST HOLDINGS CO.,LTD. Stock.

What's the current price of FULLCAST HOLDINGS CO.,LTD. Stock?
As of the end of day on the Jun 18, 2024, the price of an FULLCAST HOLDINGS CO.,LTD. (4848.T) share was JP¥1,524.00.

What is the 52-week high and low for FULLCAST HOLDINGS CO.,LTD. Stock?
The 52-week high for FULLCAST HOLDINGS CO.,LTD. Stock is JP¥2,477.00 and the 52-week low is JP¥1,351.00.

What is the market capitalization of FULLCAST HOLDINGS CO.,LTD. Stock?
As of the Jun 18, 2024, the market capitalization of FULLCAST HOLDINGS CO.,LTD. is 53.665B.

When is the next earnings date for FULLCAST HOLDINGS CO.,LTD.?
The upcoming earnings date for FULLCAST HOLDINGS CO.,LTD. is Aug 08, 2024.
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About FULLCAST HOLDINGS CO.,LTD.

FULLCAST HOLDINGS Fullcast Holdings Co., Ltd., together with its subsidiaries, provides human resource solutions in Japan. It operates through Short-Term Operational Support Business; Sales Support Business; and Security, Other Businesses segments. The company offers short-term personnel services; human resource services for event operation, and payroll management; security services primarily for public facilities and general companies; and sales support for telec... 4848.T Profile

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