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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 5971.T
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KYOWAKOGYOSYO CO.,LTD. stock upgraded to Buy Candidate.
(Updated on Jun 25, 2024)

Buy candidate since Jun 25, 2024 PDF

The KYOWAKOGYOSYO CO.,LTD. stock price gained 4.04% on the last trading day (Tuesday, 25th Jun 2024), rising from JP¥5,700.00 to JP¥5,930.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.30% from a day low at JP¥5,750.00 to a day high of JP¥5,940.00. The price has been going up and down for this period, and there has been a -0.34% loss 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, 800 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately JP¥7.71 million.

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 -5.25% during the next 3 months and, with a 90% probability hold a price between JP¥5,262.17 and JP¥5,760.35 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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5971.T Signals & Forecast

The KYOWAKOGYOSYO CO.,LTD. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥5,725.71 and JP¥5,912.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 6.46%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for KYOWAKOGYOSYO CO.,LTD. stock

KYOWAKOGYOSYO CO.,LTD. finds support from accumulated volume at JP¥5,850.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥190.00 (3.30%) between high and low. For the last week, the stock has had daily average volatility of 2.60%.

Our recommended stop-loss: JP¥5,691.61 (-4.02%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 59 days ago.)

Trading Expectations (5971.T) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect KYOWAKOGYOSYO CO.,LTD. to open at JP¥5,873.33, and during the day (based on 14 day Average True Range), to move between JP¥5,763.52 and JP¥6,096.48, which gives a possible trading interval of +/-JP¥166.48 (+/-2.81%) up or down from last closing price. If KYOWAKOGYOSYO CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.61% 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¥5,850.00 (1.35%) than the resistance at JP¥6,110.00 (3.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is KYOWAKOGYOSYO CO.,LTD. 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.635 Buy Candidate Upgraded

Predicted Opening Price for KYOWAKOGYOSYO CO.,LTD. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
JP¥5,873.33 ( 0.96%) JP¥5,930.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 5971.T

Fibonacci Support & Resistance Levels

Level Price
R3 6,063.33 2.25%
R2 5,990.75 1.02%
R1 5,945.91 0.268%
Price 5,930.00
S1 5,800.75 -2.18%
S2 5,755.91 -2.94%
S3 5,683.33 -4.16%

Accumulated Volume Support & Resistance Levels

Level Price
R3 6,300.00 6.24%
R2 6,280.00 5.90%
R1 6,110.00 3.04%
Price 5,930.00
S1 5,850.00 -1.35%
S2 5,840.00 -1.52%
S3 5,710.00 -3.71%

5971 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 28, 2025 Apr 28, 2025 Apr 28, 2025 JP¥0 0%
2 Apr 26, 2024 Apr 26, 2024 Jul 01, 2024 JP¥80.00 1.35%
3 Apr 27, 2023 Apr 27, 2023 Apr 27, 2023 JP¥80.00 1.86%
4 Apr 27, 2022 Apr 27, 2022 Apr 27, 2022 JP¥100.00 2.40%
5 Apr 28, 2021 Apr 28, 2021 Apr 28, 2021 JP¥80.00 1.91%

FAQ

What is the symbol for KYOWAKOGYOSYO CO.,LTD. Stock and on which exchange is it traded?
The symbol for KYOWAKOGYOSYO CO.,LTD. is 5971.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell KYOWAKOGYOSYO CO.,LTD. Stock?
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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy KYOWAKOGYOSYO CO.,LTD. Stock?
KYOWAKOGYOSYO CO.,LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KYOWAKOGYOSYO CO.,LTD. Stock.

What's the current price of KYOWAKOGYOSYO CO.,LTD. Stock?
As of the end of day on the Jun 25, 2024, the price of an KYOWAKOGYOSYO CO.,LTD. (5971.T) share was JP¥5,930.00.

What is the 52-week high and low for KYOWAKOGYOSYO CO.,LTD. Stock?
The 52-week high for KYOWAKOGYOSYO CO.,LTD. Stock is JP¥6,600.00 and the 52-week low is JP¥4,000.00.

What is the market capitalization of KYOWAKOGYOSYO CO.,LTD. Stock?
As of the Jun 25, 2024, the market capitalization of KYOWAKOGYOSYO CO.,LTD. is 7.738B.
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About KYOWAKOGYOSYO CO.,LTD.

KYOWAKOGYOSYO Kyowakogyosyo Co.,Ltd. manufactures and sells hexagon bolts, JIS hexagon socket head cap screws, bolts for construction machinery and internal combustion engines, cold-forged parts for automobiles, and special cold-/hot-forged parts in Japan and internationally. It also offers automobile parts, such as transmission, steering and suspension, and other forging parts; gears; and industrial bolts and bolts for internal combustion engines. The company... 5971.T Profile

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