SEC CARBON,LIMITED Stock Forecast
SEC CARBON,LIMITED stock price ended at JP¥2,349.00 on Tuesday, after gaining 0.256%.
(Updated on May 28, 2024)
The SEC CARBON,LIMITED stock price gained 0.256% on the last trading day (Tuesday, 28th May 2024), rising from JP¥2,343.00 to JP¥2,349.00. During the last trading day the stock fluctuated 1.41% from a day low at JP¥2,335.00 to a day high of JP¥2,368.00. The price has fallen in 5 of the last 10 days and is down by -2.45% for this period. Volume fell on the last day by -3 thousand shares and in total, 30 thousand shares were bought and sold for approximately JP¥70.47 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 -12.55% during the next 3 months and, with a 90% probability hold a price between JP¥2,014.87 and JP¥2,176.94 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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5304.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 24, 2024, and so far it has risen 1.42%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The SEC CARBON,LIMITED stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥2,352.86 and JP¥2,456.83. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for SEC CARBON,LIMITED stock
SEC CARBON,LIMITED finds support from accumulated volume at JP¥2,343.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥33.00 between high and low, or 1.41%. For the last week, the stock has had daily average volatility of 1.92%.
SEC CARBON,LIMITED is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (5304.T) For The Upcoming Trading Day Of Wednesday 29th
For the upcoming trading day on Wednesday, 29th we expect SEC CARBON,LIMITED to open at JP¥2,350.67, and during the day (based on 14 day Average True Range), to move between JP¥2,294.22 and JP¥2,403.78, which gives a possible trading interval of +/-JP¥54.78 (+/-2.33%) up or down from last closing price. If SEC CARBON,LIMITED 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¥2,343.00 (0.26%) than the resistance at JP¥2,430.00 (3.45%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SEC CARBON,LIMITED stock A Buy?
SEC CARBON,LIMITED holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.601 Sell Candidate Unchanged
Predicted Opening Price for SEC CARBON,LIMITED of Wednesday, May 29, 2024
| Fair opening price May 29, 2024 | Current price |
|---|---|
| JP¥2,350.67 ( 0.0710%) | JP¥2,349.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 5304.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,383.67 | 1.48 % | |
| R2 | 2,371.06 | 0.94 % | ||
| R1 | 2,363.27 | 0.608 % | ||
| Current price: | 2,349.00 | |||
| Support | S1 | 2,338.06 | -0.466 % | |
| S2 | 2,330.27 | -0.797 % | ||
| S3 | 2,317.67 | -1.33 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,648.00 | 12.73 % | |
| R2 | 2,635.00 | 12.18 % | ||
| R1 | 2,430.00 | 3.45 % | ||
| Current price | 2,349.00 | |||
| Support | S1 | 2,343.00 | -0.255% | |
| S2 | 2,333.00 | -0.681% | ||
| S3 | 2,316.00 | -1.40% |
5304 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 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥170.00 | 10.00% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥150.00 | 12.67% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥100.00 | 8.43% |
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