Nomura Micro Science Co.,Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Nomura Micro Science Co.,Ltd. stock price ended at JP¥5,190.00 on Monday, after gaining 1.76%.
(Updated on May 20, 2024)
The Nomura Micro Science Co.,Ltd. stock price gained 1.76% on the last trading day (Monday, 20th May 2024), rising from JP¥5,100.00 to JP¥5,190.00. During the last trading day the stock fluctuated 4.11% from a day low at JP¥4,985.00 to a day high of JP¥5,190.00. The price has risen in 5 of the last 10 days but is still down by -2.81% for this period. Volume fell on the last day by -3 million shares and in total, 2 million shares were bought and sold for approximately JP¥8.98 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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¥4,743.86, a level that may pose a second chance to hit a runner. According to fan-theory JP¥10,369.77 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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6254.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 10.43%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nomura Micro Science Co.,Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥5,282.86 and JP¥5,290.71. A break-up above any of these levels will issue buy signals.
Support, Risk & Stop-loss for Nomura Micro Science Co.,Ltd. stock
Nomura Micro Science Co.,Ltd. finds support from accumulated volume at JP¥5,160.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥205.00 between high and low, or 4.11%. For the last week, the stock has had daily average volatility of 6.78%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (6254.T) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect Nomura Micro Science Co.,Ltd. to open at JP¥5,121.67, and during the day (based on 14 day Average True Range), to move between JP¥4,714.98 and JP¥5,665.02, which gives a possible trading interval of +/-JP¥475.02 (+/-9.15%) up or down from last closing price. If Nomura Micro Science Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 18.31% 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¥5,160.00 (0.58%) than the resistance at JP¥5,270.00 (1.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Nomura Micro Science Co.,Ltd. stock A Buy?
Nomura Micro Science Co.,Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.883 Sell Candidate Unchanged
Predicted Opening Price for Nomura Micro Science Co.,Ltd. of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| JP¥5,121.67 ( 1.32%) | JP¥5,190.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6254.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,326.67 | 2.63 % | |
| R2 | 5,248.36 | 1.12 % | ||
| R1 | 5,199.98 | 0.192 % | ||
| Current price: | 5,190.00 | |||
| Support | S1 | 5,043.36 | -2.83 % | |
| S2 | 4,994.98 | -3.76 % | ||
| S3 | 4,916.67 | -5.27 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,940.00 | 14.45 % | |
| R2 | 5,750.00 | 10.79 % | ||
| R1 | 5,270.00 | 1.54 % | ||
| Current price | 5,190.00 | |||
| Support | S1 | 5,160.00 | -0.578% | |
| S2 | 5,100.00 | -1.73% | ||
| S3 | 4,940.00 | -4.82% |
6254 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥110.00 | 10.56% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥40.00 | 4.69% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥65.00 | 6.12% |
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