14-day Premium Trial Subscription Try For FreeTry Free
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 4968.T
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Thursday for ARAKAWA CHEMICAL INDUSTRIES,LTD.
(Updated on May 02, 2024)

Buy or Hold candidate since Apr 22, 2024 Gain 0.74% PDF

The ARAKAWA CHEMICAL INDUSTRIES,LTD. stock price fell by -0.0913% on the last day (Thursday, 2nd May 2024) from JP¥1,095.00 to JP¥1,094.00. During the last trading day the stock fluctuated 0.734% from a day low at JP¥1,090.00 to a day high of JP¥1,098.00. The price has been going up and down for this period, and there has been a 1.67% gain for the last 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 -1 thousand shares and in total, 5 thousand shares were bought and sold for approximately JP¥5.47 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ARAKAWA CHEMICAL INDUSTRIES,LTD. stock with a 90% probability to be traded between JP¥1,046.71 and JP¥1,158.60 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.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

4968.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.15%. 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 ARAKAWA CHEMICAL INDUSTRIES,LTD. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥1,124.94. On a fall, the stock will find some support from the short-term average at JP¥1,087.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, November 30, 2023 in the long-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.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, November 30, 2023 in the long-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.

Support, Risk & Stop-loss for ARAKAWA CHEMICAL INDUSTRIES,LTD. stock

ARAKAWA CHEMICAL INDUSTRIES,LTD. finds support from accumulated volume at JP¥1,092.00 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥8.00 between high and low, or 0.734%. For the last week the stock has had daily average volatility of 1.20%.

Our recommended stop-loss: JP¥1,031.81 (-5.68%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (4968.T) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect ARAKAWA CHEMICAL INDUSTRIES,LTD. to open at JP¥1,094.00, and during the day (based on 14 day Average True Range), to move between JP¥1,078.07 and JP¥1,109.93, which gives a possible trading interval of +/-JP¥15.93 (+/-1.46%) up or down from last closing price. If ARAKAWA CHEMICAL INDUSTRIES,LTD. takes out the full calculated possible swing range there will be an estimated 2.91% 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¥1,092.00 (0.18%) than the resistance at JP¥1,104.00 (0.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Earnings coming up

ARAKAWA CHEMICAL INDUSTRIES,LTD. will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for ARAKAWA CHEMICAL INDUSTRIES,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.52% in the first trading day after earnings release.

Is ARAKAWA CHEMICAL INDUSTRIES,LTD. stock A Buy?

ARAKAWA CHEMICAL INDUSTRIES,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.379 Hold/Accumulate Unchanged

Predicted Opening Price for ARAKAWA CHEMICAL INDUSTRIES,LTD. of Tuesday, May 7, 2024

Fair opening price May 7, 2024 Current price
JP¥1,094.00 ( 0%) JP¥1,094.00

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

Trading levels for 4968.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,102.00 0.731 %
R2 1,098.94 0.452 %
R1 1,097.06 0.279 %
Current price: 1,094.00
Support S1 1,090.94 -0.279 %
S2 1,089.06 -0.452 %
S3 1,086.00 -0.731 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1,122.00 2.56 %
R2 1,119.00 2.29 %
R1 1,104.00 0.91 %
Current price 1,094.00
Support S1 1,092.00 -0.183%
S2 1,076.00 -1.65%
S3 1,071.00 -2.10%

4968 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 Mar 28, 2024 JP¥0 0%
2 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥24.00 2.41%
3 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥24.00 2.40%
4 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 JP¥24.00 2.18%
5 Sep 29, 2021 Sep 29, 2021 Sep 29, 2021 JP¥24.00 1.92%

FAQ

What is the symbol for ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock and on which exchange is it traded?
The symbol for ARAKAWA CHEMICAL INDUSTRIES,LTD. is 4968.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock?
ARAKAWA CHEMICAL INDUSTRIES,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock?
ARAKAWA CHEMICAL INDUSTRIES,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 ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock.

What's the current price of ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock?
As of the end of day on the May 02, 2024, the price of an ARAKAWA CHEMICAL INDUSTRIES,LTD. (4968.T) share was JP¥1,094.00.

What is the 52-week high and low for ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock?
The 52-week high for ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock is JP¥111.00 and the 52-week low is JP¥52.90.

What is the market capitalization of ARAKAWA CHEMICAL INDUSTRIES,LTD. Stock?
As of the May 02, 2024, the market capitalization of ARAKAWA CHEMICAL INDUSTRIES,LTD. is 21.704B.

When is the next earnings date for ARAKAWA CHEMICAL INDUSTRIES,LTD.?
The upcoming earnings date for ARAKAWA CHEMICAL INDUSTRIES,LTD. is May 14, 2024.
Click to get the best stock tips daily for free!