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CAREERLINK CO.,LTD. Stock Forecast TYO:6070

JP¥1516.00 (0%)

Volume: 0

Closed: Jan 21, 2022

Hollow Logo Score: 0.352

CAREERLINK CO.,LTD. Stock Forecast

JP¥1516.00 (0%)

Volume: 0

Closed: Jan 21, 2022

Score Hollow Logo 0.352
Which way will 6070.T go? Request

6070.T Stock Risk

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved JP¥0 between high and low, or 0%. For the last week the stock has had a daily average volatility of 6.43%

Our recommended stop-loss: JP¥1458.70 (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 75 ] RSI14 is 61 and the stock is currently not being overbought or oversold

CAREERLINK CO.,LTD. stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jan 21, 2022)


Buy or Hold candidate since 2022-01-18 Gain 7.98% PDF

No changes to the price of CAREERLINK CO.,LTD. stock on the last trading day (Friday, 21st Jan 2022). During the day the stock fluctuated 0% from a day low at JP¥1516.00 to a day high of JP¥1516.00. The price has risen in 5 of the last 10 days and is up by 24.36% over the past 2 weeks.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is JP¥1512.22, a level that may pose a second chance to hit a runner. According to fan-theory JP¥1926.15 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Signals & Forecast

The CAREERLINK CO.,LTD. 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¥1406.71 and JP¥1309.77. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Thursday, January 20, 2022, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at JP¥1433.00 and JP¥1420.00. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, CAREERLINK CO.,LTD. finds support just below today's level at JP¥1433.00. If this is broken, then the next support from accumulated volume will be at JP¥1420.00 and JP¥1347.00.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved JP¥0 between high and low, or 0%. For the last week the stock has had a daily average volatility of 6.43%

Our recommended stop-loss: JP¥1458.70 (-3.78%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 days ago.)

Is CAREERLINK CO.,LTD. stock A Buy?

CAREERLINK CO.,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.352

Hold/Accumulate Downgraded

Predicted Opening Price for CAREERLINK CO.,LTD. of Monday, January 24, 2022

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

Fair opening price January 24, 2022 Current price
JP¥1516.00 JP¥1516.00 (Undervalued)

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Volatility and Risk
Daily Average Volatility: 6.43 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.43 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: JP¥1584.00
Price: JP¥1516.00
Support: JP¥1433.00

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 1516.00 .
1516.00 .
1516.00 .
Current price: 1516.00
Support 1516.00 .
1516.00 .
1516.00 .

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 1613.00 6.40 %
1612.00 6.33 %
1584.00 4.49 %
Current price 1516.00
Support 1433.00 -5.47%
1420.00 -6.33%
1347.00 -11.15%

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