FUMAKILLA LIMITED Stock Forecast
Stronger technical forecast for FUMAKILLA LIMITED stock price after Wednesday trading.
(Updated on Jul 03, 2024)
The FUMAKILLA LIMITED stock price gained 0.657% on the last trading day (Wednesday, 3rd Jul 2024), rising from JP¥1,218.00 to JP¥1,226.00. During the last trading day the stock fluctuated 0.91% from a day low at JP¥1,215.00 to a day high of JP¥1,226.00. The price has been going up and down for this period, and there has been a 1.49% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 20 thousand shares were bought and sold for approximately JP¥24.03 million.
The stock lies in the middle of a weak 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 7.23% during the next 3 months and, with a 90% probability hold a price between JP¥1,293.63 and JP¥1,394.29 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
4998.T Signals & Forecast
The FUMAKILLA LIMITED 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¥1,220.00 and JP¥1,215.63. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. 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 Friday, May 24, 2024, and so far it has fallen -2.70%. Further fall is indicated until a new bottom pivot has been found. 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 FUMAKILLA LIMITED stock
FUMAKILLA LIMITED finds support from accumulated volume at JP¥1,225.00 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¥11.00 between high and low, or 0.91%. For the last week the stock has had daily average volatility of 0.86%.
Our recommended stop-loss: JP¥1,165.91 (-4.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 43 days ago.)
Trading Expectations (4998.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect FUMAKILLA LIMITED to open at JP¥1,222.33, and during the day (based on 14 day Average True Range), to move between JP¥1,207.82 and JP¥1,244.18, which gives a possible trading interval of +/-JP¥18.18 (+/-1.48%) up or down from last closing price. If FUMAKILLA LIMITED takes out the full calculated possible swing range there will be an estimated 2.97% 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¥1,225.00 (0.08%) than the resistance at JP¥1,229.00 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is FUMAKILLA LIMITED stock A Buy?
FUMAKILLA LIMITED holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.
Current score: 5.108 Strong Buy Candidate Upgraded
Predicted Opening Price for FUMAKILLA LIMITED of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥1,222.33 ( 0.299%) | JP¥1,226.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 4998.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,233.33 | 0.598% |
| R2 | 1,229.13 | 0.255% |
| R1 | 1,226.54 | 0.0437% |
| Price | 1,226.00 | |
| S1 | 1,218.13 | -0.642% |
| S2 | 1,215.54 | -0.85% |
| S3 | 1,211.33 | -1.20% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,260.00 | 2.77% |
| R2 | 1,258.00 | 2.61% |
| R1 | 1,229.00 | 0.245% |
| Price | 1,226.00 | |
| S1 | 1,225.00 | -0.0816% |
| S2 | 1,208.00 | -1.47% |
| S3 | 1,177.00 | -4.00% |
4998 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2025 | Mar 28, 2025 | Mar 28, 2025 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 28, 2024 | JP¥22.00 | 1.81% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥22.00 | 2.08% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥22.00 | 1.97% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥4.00 | 0.250% |
FAQ
Click here for our free guide on how to buy FUMAKILLA LIMITED Stock.
