ISHIZUKA GLASS CO.,LTD. Stock Forecast
Green day on Wednesday for ISHIZUKA GLASS CO.,LTD.
(Updated on Jul 03, 2024)
The ISHIZUKA GLASS CO.,LTD. stock price gained 0.137% on the last trading day (Wednesday, 3rd Jul 2024), rising from JP¥2,930.00 to JP¥2,934.00. During the last trading day the stock fluctuated 0.752% from a day low at JP¥2,924.00 to a day high of JP¥2,946.00. The price has risen in 6 of the last 10 days and is up by 3.02% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 800 more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately JP¥11.74 million.
The stock lies in the middle of a wide and 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 3.67% during the next 3 months and, with a 90% probability hold a price between JP¥2,806.25 and JP¥3,133.00 at the end of this 3-month period.
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5204.T Signals & Forecast
The ISHIZUKA GLASS 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¥2,933.86 and JP¥2,878.11. 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 Monday, May 13, 2024, and so far it has fallen -0.778%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Friday, June 21, 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 Friday, June 21, 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 ISHIZUKA GLASS CO.,LTD. stock
ISHIZUKA GLASS CO.,LTD. finds support from accumulated volume at JP¥2,821.00 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¥22.00 between high and low, or 0.752%. For the last week the stock has had daily average volatility of 1.44%.
Our recommended stop-loss: JP¥2,821.14 (-3.85%) (This stock has low daily movements and this gives low risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from a pivot top found 50 days ago.)
Trading Expectations (5204.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect ISHIZUKA GLASS CO.,LTD. to open at JP¥2,934.67, and during the day (based on 14 day Average True Range), to move between JP¥2,877.64 and JP¥2,990.36, which gives a possible trading interval of +/-JP¥56.36 (+/-1.92%) up or down from last closing price. If ISHIZUKA GLASS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.84% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at JP¥2,940.00 (0.20%) than the support at JP¥2,821.00 (3.85%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is ISHIZUKA GLASS 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 ISHIZUKA GLASS CO.,LTD. stock to perform well in the short-term.
Current score: 1.644 Buy Candidate Unchanged
Predicted Opening Price for ISHIZUKA GLASS CO.,LTD. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥2,934.67 ( 0.0227%) | JP¥2,934.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 5204.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,956.67 | 0.773% |
| R2 | 2,948.26 | 0.486% |
| R1 | 2,943.07 | 0.309% |
| Price | 2,934.00 | |
| S1 | 2,926.26 | -0.264% |
| S2 | 2,921.07 | -0.441% |
| S3 | 2,912.67 | -0.727% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,957.00 | 0.784% |
| R2 | 2,945.00 | 0.375% |
| R1 | 2,940.00 | 0.204% |
| Price | 2,934.00 | |
| S1 | 2,821.00 | -3.85% |
| S2 | 2,722.00 | -7.23% |
| S3 | 2,682.00 | -8.59% |
5204 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 18, 2025 | Mar 18, 2025 | Mar 18, 2025 | JP¥0 | 0% |
| 2 | Mar 18, 2024 | Mar 18, 2024 | May 31, 2024 | JP¥50.00 | 1.74% |
| 3 | Mar 17, 2023 | Mar 17, 2023 | Mar 17, 2023 | JP¥35.00 | 2.35% |
| 4 | Mar 17, 2022 | Mar 17, 2022 | Mar 17, 2022 | JP¥45.00 | 2.24% |
| 5 | Mar 18, 2020 | Mar 18, 2020 | Mar 18, 2020 | JP¥48.00 | 2.87% |
FAQ
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