E-Guardian Inc. Stock Forecast
Red day on Thursday for E-Guardian Inc. stock after losing 0.512%
(Updated on May 02, 2024)
The E-Guardian Inc. stock price fell by -0.512% on the last day (Thursday, 2nd May 2024) from JP¥1,367.00 to JP¥1,360.00. During the last trading day the stock fluctuated 1.55% from a day low at JP¥1,351.00 to a day high of JP¥1,372.00. The price has been going up and down for this period, and there has been a 0.67% gain for the last 2 weeks. Volume has increased on the last day by 20 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, 45 thousand shares were bought and sold for approximately JP¥60.93 million.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect E-Guardian Inc. stock with a 90% probability to be traded between JP¥1,296.35 and JP¥1,396.07 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
6050.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 0.97%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The E-Guardian Inc. 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¥1,372.43 and JP¥1,370.49. 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). 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 E-Guardian Inc. stock
E-Guardian Inc. finds support from accumulated volume at JP¥1,358.00 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¥21.00 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 1.68%.
Our recommended stop-loss: JP¥1,295.10 (-4.77%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (6050.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect E-Guardian Inc. to open at JP¥1,361.00, and during the day (based on 14 day Average True Range), to move between JP¥1,329.75 and JP¥1,390.25, which gives a possible trading interval of +/-JP¥30.25 (+/-2.22%) up or down from last closing price. If E-Guardian Inc. takes out the full calculated possible swing range there will be an estimated 4.45% 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¥1,362.00 (0.15%) than the support at JP¥1,358.00 (0.15%), 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.
Earnings coming up
E-Guardian Inc. will release earnings BMO on Tuesday, May 07, 2024. We will update the financials statements for E-Guardian Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.46% in the first trading day after earnings release.
Is E-Guardian Inc. stock A Buy?
E-Guardian Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.611 Hold/Accumulate Unchanged
Predicted Opening Price for E-Guardian Inc. of Tuesday, May 7, 2024
Fair opening price May 7, 2024 | Current price |
---|---|
JP¥1,361.00 ( 0.0735%) | JP¥1,360.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6050.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,382.00 | 1.62 % | |
R2 | 1,373.98 | 1.03 % | ||
R1 | 1,369.02 | 0.663 % | ||
Current price: | 1,360.00 | |||
Support | S1 | 1,352.98 | -0.516 % | |
S2 | 1,348.02 | -0.88 % | ||
S3 | 1,340.00 | -1.47 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,383.00 | 1.69 % | |
R2 | 1,372.00 | 0.88 % | ||
R1 | 1,362.00 | 0.147 % | ||
Current price | 1,360.00 | |||
Support | S1 | 1,358.00 | -0.147% | |
S2 | 1,347.00 | -0.96% | ||
S3 | 1,337.00 | -1.69% |
6050 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥24.00 | 0.83% |
3 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥14.00 | 0.462% |
4 | Sep 29, 2020 | Sep 29, 2020 | Sep 29, 2020 | JP¥10.00 | 0.301% |
5 | Sep 27, 2019 | Sep 27, 2019 | Sep 27, 2019 | JP¥9.00 | 0.528% |
FAQ
Click here for our free guide on how to buy E-Guardian Inc. Stock.