Ishikawa Seisakusho,Ltd. Stock Forecast
Ishikawa Seisakusho,Ltd. stock price up 3.43% on Tuesday
(Updated on Jul 02, 2024)
The Ishikawa Seisakusho,Ltd. stock price gained 3.43% on the last trading day (Tuesday, 2nd Jul 2024), rising from JP¥1,778.00 to JP¥1,839.00. It has now gained 4 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 3.60% from a day low at JP¥1,776.00 to a day high of JP¥1,840.00. The price has risen in 6 of the last 10 days and is up by 7.29% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 114 thousand shares were bought and sold for approximately JP¥209.09 million.
The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 32.88% during the next 3 months and, with a 90% probability hold a price between JP¥2,119.86 and JP¥2,548.46 at the end of this 3-month period.
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6208.T Signals & Forecast
Mostly positive signals in the chart today. The Ishikawa Seisakusho,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¥1,712.86 and JP¥1,657.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 12.34%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Ishikawa Seisakusho,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,683.00 and JP¥1,630.00. 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, Ishikawa Seisakusho,Ltd. finds support just below today's level at JP¥1,683.00. If this is broken, then the next support from accumulated volume will be at JP¥1,630.00 and JP¥1,538.00.
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¥64.00 between high and low, or 3.60%. For the last week, the stock has had daily average volatility of 3.74%.
Our recommended stop-loss: JP¥1,770.59 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (6208.T) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Ishikawa Seisakusho,Ltd. to open at JP¥1,818.33, and during the day (based on 14 day Average True Range), to move between JP¥1,776.44 and JP¥1,901.56, which gives a possible trading interval of +/-JP¥62.56 (+/-3.40%) up or down from last closing price. If Ishikawa Seisakusho,Ltd. takes out the full calculated possible swing range there will be an estimated 6.80% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥1,683.00, some JP¥156.00 (8.48%) from the current price of JP¥1,839.00, our system finds the risk reward attractive.
Is Ishikawa Seisakusho,Ltd. stock A Buy?
Ishikawa Seisakusho,Ltd. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Current score: 6.572 Strong Buy Candidate Unchanged
Predicted Opening Price for Ishikawa Seisakusho,Ltd. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| JP¥1,818.33 ( 1.12%) | JP¥1,839.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6208.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,882.33 | 2.36% |
| R2 | 1,857.89 | 1.03% |
| R1 | 1,842.78 | 0.206% |
| Price | 1,839.00 | |
| S1 | 1,793.89 | -2.45% |
| S2 | 1,778.78 | -3.27% |
| S3 | 1,754.33 | -4.60% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 1,839.00 | |
| S1 | 1,683.00 | -8.48% |
| S2 | 1,630.00 | -11.36% |
| S3 | 1,538.00 | -16.37% |
6208 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2025 | Mar 28, 2025 | Mar 28, 2025 | JP¥0 | 0% |
FAQ
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