FUJIMAK CORPORATION Stock Forecast
Red day on Friday for FUJIMAK CORPORATION stock after losing 0.92%
(Updated on Jun 28, 2024)
The FUJIMAK CORPORATION stock price fell by -0.92% on the last day (Friday, 28th Jun 2024) from JP¥1,190.00 to JP¥1,179.00. During the last trading day the stock fluctuated 1.37% from a day low at JP¥1,168.00 to a day high of JP¥1,184.00. The price has been going up and down for this period, and there has been a 0.17% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -23 thousand shares and in total, 9 thousand shares were bought and sold for approximately JP¥10.26 million.
The stock lies in the middle of a wide and 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 -3.54% during the next 3 months and, with a 90% probability hold a price between JP¥1,026.73 and JP¥1,215.71 at the end of this 3-month period.
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5965.T Signals & Forecast
The FUJIMAK CORPORATION 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¥1,169.29 and JP¥1,146.14. A breakdown below any of these levels will issue sell signals. 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 Thursday, June 27, 2024, and so far it has fallen -0.92%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for FUJIMAK CORPORATION stock
FUJIMAK CORPORATION finds support from accumulated volume at JP¥1,177.00 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¥16.00 between high and low, or 1.37%. For the last week the stock has had daily average volatility of 1.97%.
Our recommended stop-loss: JP¥1,132.80 (-3.92%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (5965.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect FUJIMAK CORPORATION to open at JP¥1,177.00, and during the day (based on 14 day Average True Range), to move between JP¥1,148.80 and JP¥1,209.20, which gives a possible trading interval of +/-JP¥30.20 (+/-2.56%) up or down from last closing price. If FUJIMAK CORPORATION takes out the full calculated possible swing range there will be an estimated 5.12% 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¥1,177.00 (0.17%) than the resistance at JP¥1,191.00 (1.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is FUJIMAK CORPORATION 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: 1.203 Buy Candidate Unchanged
Predicted Opening Price for FUJIMAK CORPORATION of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,177.00 ( 0.170%) | JP¥1,179.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 5965.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,193.00 | 1.19% |
| R2 | 1,186.89 | 0.669% |
| R1 | 1,183.11 | 0.349% |
| Price | 1,179.00 | |
| S1 | 1,170.89 | -0.688% |
| S2 | 1,167.11 | -1.01% |
| S3 | 1,161.00 | -1.53% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,201.00 | 1.87% |
| R2 | 1,197.00 | 1.53% |
| R1 | 1,191.00 | 1.02% |
| Price | 1,179.00 | |
| S1 | 1,177.00 | -0.170% |
| S2 | 1,106.00 | -6.19% |
| S3 | 1,091.00 | -7.46% |
5965 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥10.00 | 0.85% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Mar 29, 2024 | JP¥24.00 | 2.15% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥22.00 | 3.24% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥20.00 | 2.60% |
FAQ
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