Taisei Lamick Co.,Ltd. Stock Forecast
Green day on Wednesday for Taisei Lamick Co.,Ltd. stock after gaining 0.389%
(Updated on Jun 26, 2024)
The Taisei Lamick Co.,Ltd. stock price gained 0.389% on the last trading day (Wednesday, 26th Jun 2024), rising from JP¥2,829.00 to JP¥2,840.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.92% from a day low at JP¥2,823.00 to a day high of JP¥2,849.00. The price has risen in 6 of the last 10 days and is up by 1.07% over the past 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 5 thousand shares were bought and sold for approximately JP¥13.63 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 middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.16% during the next 3 months and, with a 90% probability hold a price between JP¥2,586.36 and JP¥2,761.12 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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4994.T Signals & Forecast
Mostly positive signals in the chart today. The Taisei Lamick 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¥2,818.86 and JP¥2,817.49. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 24, 2024, and so far it has risen 1.94%. 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. The stock had a Golden Star Signal on Monday, June 24, 2024 in the short-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.
Golden Star
The stock had a Golden Star Signal on Monday, June 24, 2024 in the short-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 Taisei Lamick Co.,Ltd. stock
Taisei Lamick Co.,Ltd. finds support from accumulated volume at JP¥2,839.00 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¥26.00 between high and low, or 0.92%. For the last week the stock has had daily average volatility of 0.776%.
Our recommended stop-loss: JP¥2,740.16 (-3.52%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 65 days ago.)
Trading Expectations (4994.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Taisei Lamick Co.,Ltd. to open at JP¥2,837.33, and during the day (based on 14 day Average True Range), to move between JP¥2,819.05 and JP¥2,860.95, which gives a possible trading interval of +/-JP¥20.95 (+/-0.74%) up or down from last closing price. If Taisei Lamick Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 1.48% 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¥2,839.00 (0.04%) than the resistance at JP¥2,900.00 (2.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Taisei Lamick Co.,Ltd. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.733 Buy Candidate Unchanged
Predicted Opening Price for Taisei Lamick Co.,Ltd. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥2,837.33 ( 0.0939%) | JP¥2,840.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4994.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,863.33 | 0.82% |
| R2 | 2,853.40 | 0.472% |
| R1 | 2,847.27 | 0.256% |
| Price | 2,840.00 | |
| S1 | 2,827.40 | -0.444% |
| S2 | 2,821.27 | -0.660% |
| S3 | 2,811.33 | -1.01% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,070.00 | 8.10% |
| R2 | 2,950.00 | 3.87% |
| R1 | 2,900.00 | 2.11% |
| Price | 2,840.00 | |
| S1 | 2,839.00 | -0.0352% |
| S2 | 2,818.00 | -0.775% |
| S3 | 2,810.00 | -1.06% |
4994 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 27, 2024 | JP¥37.00 | 1.30% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Dec 08, 2023 | JP¥33.00 | 1.17% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥37.00 | 1.30% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥33.00 | 1.18% |
FAQ
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