Aska Pharmaceutical Holdings Co.,ltd. Stock Forecast
Red day on Friday for Aska Pharmaceutical Holdings Co.,ltd. stock after losing 1.78%
(Updated on Jun 28, 2024)
The Aska Pharmaceutical Holdings Co.,ltd. stock price fell by -1.78% on the last day (Friday, 28th Jun 2024) from JP¥2,526.00 to JP¥2,481.00. During the last trading day the stock fluctuated 2.35% from a day low at JP¥2,468.00 to a day high of JP¥2,526.00. The price has risen in 6 of the last 10 days and is up by 3.42% 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 -72 thousand shares and in total, 84 thousand shares were bought and sold for approximately JP¥207.91 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.41% during the next 3 months and, with a 90% probability hold a price between JP¥2,530.12 and JP¥3,025.66 at the end of this 3-month period.
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4886.T Signals & Forecast
The Aska Pharmaceutical Holdings 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¥2,536.86. On a fall, the stock will find some support from the long-term average at approximately JP¥2,371.49. 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. 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. A sell signal was issued from a pivot top point on Wednesday, June 26, 2024, and so far it has fallen -7.49%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Aska Pharmaceutical Holdings Co.,ltd. stock
Aska Pharmaceutical Holdings Co.,ltd. finds support from accumulated volume at JP¥2,476.00 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¥58.00 between high and low, or 2.35%. For the last week, the stock has had daily average volatility of 3.03%.
Our recommended stop-loss: JP¥2,369.12 (-4.51%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (4886.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Aska Pharmaceutical Holdings Co.,ltd. to open at JP¥2,491.67, and during the day (based on 14 day Average True Range), to move between JP¥2,404.22 and JP¥2,557.78, which gives a possible trading interval of +/-JP¥76.78 (+/-3.09%) up or down from last closing price. If Aska Pharmaceutical Holdings Co.,ltd. takes out the full calculated possible swing range there will be an estimated 6.19% 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¥2,476.00 (0.20%) than the resistance at JP¥2,526.00 (1.81%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aska Pharmaceutical 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 Aska Pharmaceutical Holdings Co.,ltd. stock to perform well in the short-term.
Current score: 1.080 Buy Candidate Unchanged
Predicted Opening Price for Aska Pharmaceutical Holdings Co.,ltd. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
JP¥2,491.67 ( 0.430%) | JP¥2,481.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4886.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 2,549.67 | 2.77% |
R2 | 2,527.51 | 1.87% |
R1 | 2,513.82 | 1.32% |
Price | 2,481.00 | |
S1 | 2,469.51 | -0.463% |
S2 | 2,455.82 | -1.01% |
S3 | 2,433.67 | -1.91% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 2,682.00 | 8.10% |
R2 | 2,656.00 | 7.05% |
R1 | 2,526.00 | 1.81% |
Price | 2,481.00 | |
S1 | 2,476.00 | -0.202% |
S2 | 2,444.00 | -1.49% |
S3 | 2,260.00 | -8.91% |
4886 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
2 | Mar 28, 2024 | Mar 28, 2024 | Jun 26, 2024 | JP¥20.00 | 0.746% |
3 | Sep 28, 2023 | Sep 28, 2023 | Nov 30, 2023 | JP¥20.00 | 1.10% |
4 | Mar 30, 2023 | Mar 30, 2023 | Jun 28, 2023 | JP¥8.00 | 0.555% |
5 | Sep 29, 2022 | Sep 29, 2022 | Nov 30, 2022 | JP¥8.00 | 0.625% |
FAQ
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