ADJUVANT COSME JAPAN CO.,LTD. Stock Forecast
Evaluation of ADJUVANT COSME JAPAN CO.,LTD. stock downgraded after the last trading session.
(Updated on Apr 26, 2024)
The ADJUVANT COSME JAPAN CO.,LTD. stock price fell by -1.05% on the last day (Friday, 26th Apr 2024) from JP¥859.00 to JP¥850.00. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.41% from a day low at JP¥850.00 to a day high of JP¥862.00. The price has fallen in 9 of the last 10 days and is down by -4.71% for this period. Volume has increased on the last day by 32 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 42 thousand shares were bought and sold for approximately JP¥35.62 million.
The stock lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥841.73 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -8.05% during the next 3 months and, with a 90% probability hold a price between JP¥773.98 and JP¥846.62 at the end of this 3-month period. 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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4929.T Signals & Forecast
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 ADJUVANT COSME JAPAN CO.,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¥861.86 and JP¥903.09. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 12, 2024, and so far it has fallen -11.73%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for ADJUVANT COSME JAPAN CO.,LTD. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥12.00 between high and low, or 1.41%. For the last week the stock has had daily average volatility of 1.15%.
ADJUVANT COSME JAPAN CO.,LTD. is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (4929.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect ADJUVANT COSME JAPAN CO.,LTD. to open at JP¥854.00, and during the day (based on 14 day Average True Range), to move between JP¥842.04 and JP¥857.96, which gives a possible trading interval of +/-JP¥7.96 (+/-0.94%) up or down from last closing price. If ADJUVANT COSME JAPAN CO.,LTD. takes out the full calculated possible swing range there will be an estimated 1.87% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥927.00, some JP¥77.00 (9.06%) from the current price of JP¥850.00, our system finds the risk reward not very attractive.
Is ADJUVANT COSME JAPAN CO.,LTD. stock A Buy?
ADJUVANT COSME JAPAN CO.,LTD. holds several negative signals and is within a 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. 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: -4.865 Sell Candidate Downgraded
Predicted Opening Price for ADJUVANT COSME JAPAN CO.,LTD. of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥854.00 ( 0.471%) | JP¥850.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4929.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 866.00 | 1.88 % | |
| R2 | 861.42 | 1.34 % | ||
| R1 | 858.58 | 1.01 % | ||
| Current price: | 850.00 | |||
| Support | S1 | 849.42 | -0.0687 % | |
| S2 | 846.58 | -0.402 % | ||
| S3 | 842.00 | -0.94 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 960.00 | 12.94 % | |
| R2 | 959.00 | 12.82 % | ||
| R1 | 927.00 | 9.06 % | ||
| Current price | 850.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
4929 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 18, 2025 | Mar 18, 2025 | Mar 18, 2025 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 01, 2024 | JP¥24.00 | 2.82% |
| 3 | Mar 17, 2023 | Mar 17, 2023 | Mar 17, 2023 | JP¥24.00 | 2.42% |
| 4 | Mar 17, 2022 | Mar 17, 2022 | Mar 17, 2022 | JP¥24.00 | 2.19% |
| 5 | Mar 18, 2021 | Mar 18, 2021 | Mar 18, 2021 | JP¥24.00 | 2.07% |
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