ASIA PILE HOLDINGS CORPORATION Stock Forecast
ASIA PILE HOLDINGS CORPORATION stock price down 0.408% on Wednesday
(Updated on Jun 26, 2024)
The ASIA PILE HOLDINGS CORPORATION stock price fell by -0.408% on the last day (Wednesday, 26th Jun 2024) from JP¥980.00 to JP¥976.00. During the last trading day the stock fluctuated 1.03% from a day low at JP¥971.00 to a day high of JP¥981.00. The price has fallen in 6 of the last 10 days and is down by -1.81% for this period. Volume has increased on the last day by 39 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, 172 thousand shares were bought and sold for approximately JP¥168.17 million.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥956.69 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 23.59% during the next 3 months and, with a 90% probability hold a price between JP¥1,182.41 and JP¥1,381.70 at the end of this 3-month period.
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5288.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 ASIA PILE HOLDINGS CORPORATION stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at JP¥987.57 and JP¥985.63. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -4.78%. 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 ASIA PILE HOLDINGS CORPORATION stock
ASIA PILE HOLDINGS CORPORATION finds support from accumulated volume at JP¥968.00 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¥10.00 between high and low, or 1.03%. For the last week the stock has had daily average volatility of 1.96%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (5288.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect ASIA PILE HOLDINGS CORPORATION to open at JP¥976.00, and during the day (based on 14 day Average True Range), to move between JP¥953.26 and JP¥998.74, which gives a possible trading interval of +/-JP¥22.74 (+/-2.33%) up or down from last closing price. If ASIA PILE HOLDINGS CORPORATION takes out the full calculated possible swing range there will be an estimated 4.66% 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¥968.00 (0.82%) than the resistance at JP¥993.00 (1.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ASIA PILE HOLDINGS CORPORATION stock A Buy?
The ASIA PILE HOLDINGS CORPORATION stock holds several negative signals and despite the positive trend, we believe ASIA PILE HOLDINGS CORPORATION will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.907 Sell Candidate Unchanged
Predicted Opening Price for ASIA PILE HOLDINGS CORPORATION of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥976.00 ( 0%) | JP¥976.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 5288.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 986.00 | 1.02% |
| R2 | 982.18 | 0.633% |
| R1 | 979.82 | 0.391% |
| Price | 976.00 | |
| S1 | 972.18 | -0.391% |
| S2 | 969.82 | -0.633% |
| S3 | 966.00 | -1.02% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,009.00 | 3.38% |
| R2 | 1,002.00 | 2.66% |
| R1 | 993.00 | 1.74% |
| Price | 976.00 | |
| S1 | 968.00 | -0.82% |
| S2 | 828.00 | -15.16% |
| S3 | 819.00 | -16.09% |
5288 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 05, 2024 | JP¥15.00 | 1.55% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Dec 01, 2023 | JP¥15.00 | 2.16% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥5.00 | 0.689% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥10.00 | 2.05% |
FAQ
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