M&A Capital Partners Co.,Ltd. Stock Forecast
M&A Capital Partners Co.,Ltd. stock upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Jun 25, 2024)
The M&A Capital Partners Co.,Ltd. stock price gained 3.10% on the last trading day (Tuesday, 25th Jun 2024), rising from JP¥2,191.00 to JP¥2,259.00. 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 3.94% from a day low at JP¥2,180.00 to a day high of JP¥2,266.00. The price has been going up and down for this period, and there has been a 5.96% gain 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, 19 thousand more shares were traded than the day before. In total, 222 thousand shares were bought and sold for approximately JP¥500.82 million.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at JP¥2,291.85 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.49% during the next 3 months and, with a 90% probability hold a price between JP¥1,932.69 and JP¥2,234.80 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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6080.T Signals & Forecast
The M&A Capital Partners 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¥2,135.14 and JP¥2,142.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 9.24%. 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 M&A Capital Partners Co.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥2,134.00 and JP¥2,068.00. There is a 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, M&A Capital Partners Co.,Ltd. finds support just below today's level at JP¥2,134.00. If this is broken, then the next support from accumulated volume will be at JP¥2,068.00 and JP¥2,057.00.
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¥86.00 between high and low, or 3.94%. For the last week, the stock has had daily average volatility of 2.73%.
Our recommended stop-loss: JP¥2,143.87 (-5.10%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (6080.T) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect M&A Capital Partners Co.,Ltd. to open at JP¥2,235.00, and during the day (based on 14 day Average True Range), to move between JP¥2,186.51 and JP¥2,331.49, which gives a possible trading interval of +/-JP¥72.49 (+/-3.21%) up or down from last closing price. If M&A Capital Partners Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.42% 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¥2,265.00 (0.27%) than the support at JP¥2,134.00 (5.53%), 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.
Is M&A Capital Partners 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: 1.082 Buy Candidate Upgraded
Predicted Opening Price for M&A Capital Partners Co.,Ltd. of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| JP¥2,235.00 ( 1.06%) | JP¥2,259.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6080.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,321.00 | 2.74% |
| R2 | 2,288.15 | 1.29% |
| R1 | 2,267.85 | 0.392% |
| Price | 2,259.00 | |
| S1 | 2,202.15 | -2.52% |
| S2 | 2,181.85 | -3.42% |
| S3 | 2,149.00 | -4.87% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,297.00 | 1.68% |
| R2 | 2,290.00 | 1.37% |
| R1 | 2,265.00 | 0.266% |
| Price | 2,259.00 | |
| S1 | 2,134.00 | -5.53% |
| S2 | 2,068.00 | -8.46% |
| S3 | 2,057.00 | -8.94% |
6080 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Dec 01, 2024 | JP¥40.00 | 1.77% |
| 2 | Sep 28, 2023 | Sep 28, 2023 | Dec 25, 2023 | JP¥40.00 | 1.73% |
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