TAZMO 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
Green day on Tuesday for TAZMO CO.,LTD.
(Updated on May 28, 2024)
The TAZMO CO.,LTD. stock price gained 0.692% on the last trading day (Tuesday, 28th May 2024), rising from JP¥3,615.00 to JP¥3,640.00. During the last trading day the stock fluctuated 2.93% from a day low at JP¥3,580.00 to a day high of JP¥3,685.00. The price has been going up and down for this period, and there has been a -12.71% loss 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, 11 thousand more shares were traded than the day before. In total, 265 thousand shares were bought and sold for approximately JP¥963.14 million.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at JP¥3,584.76 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect TAZMO CO.,LTD. stock with a 90% probability to be traded between JP¥3,581.87 and JP¥4,474.87 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.
6266.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 22, 2024, and so far it has risen 1.53%. 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. The TAZMO 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¥3,651.43 and JP¥3,905.29. 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).
A buy signal from a double bottom formation was found on Wednesday, May 22, 2024 and based on theory for this formation the price should go up by 36.58% to JP¥4,971.67 within 18 trading days since signal was issued (Wednesday, May 29, 2024).
Support, Risk & Stop-loss for TAZMO CO.,LTD. stock
TAZMO CO.,LTD. finds support from accumulated volume at JP¥3,625.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥105.00 between high and low, or 2.93%. For the last week, the stock has had daily average volatility of 3.99%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (6266.T) For The Upcoming Trading Day Of Wednesday 29th
For the upcoming trading day on Wednesday, 29th we expect TAZMO CO.,LTD. to open at JP¥3,635.00, and during the day (based on 14 day Average True Range), to move between JP¥3,422.62 and JP¥3,857.38, which gives a possible trading interval of +/-JP¥217.38 (+/-5.97%) up or down from last closing price. If TAZMO CO.,LTD. takes out the full calculated possible swing range there will be an estimated 11.94% 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¥3,625.00 (0.41%) than the resistance at JP¥3,750.00 (3.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TAZMO CO.,LTD. stock A Buy?
TAZMO CO.,LTD. holds several negative signals and is within a 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: -2.863 Sell Candidate Unchanged
Predicted Opening Price for TAZMO CO.,LTD. of Wednesday, May 29, 2024
| Fair opening price May 29, 2024 | Current price |
|---|---|
| JP¥3,635.00 ( 0.137%) | JP¥3,640.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6266.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,740.00 | 2.75 % | |
| R2 | 3,699.89 | 1.65 % | ||
| R1 | 3,675.11 | 0.96 % | ||
| Current price: | 3,640.00 | |||
| Support | S1 | 3,594.89 | -1.24 % | |
| S2 | 3,570.11 | -1.92 % | ||
| S3 | 3,530.00 | -3.02 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4,130.00 | 13.46 % | |
| R2 | 3,990.00 | 9.62 % | ||
| R1 | 3,750.00 | 3.02 % | ||
| Current price | 3,640.00 | |||
| Support | S1 | 3,625.00 | -0.412% | |
| S2 | 3,595.00 | -1.24% | ||
| S3 | 3,585.00 | -1.51% |
6266 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥2.00 | 0.130% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥16.00 | 1.05% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥13.00 | 0.93% |
| 5 | Dec 27, 2019 | Dec 27, 2019 | Dec 27, 2019 | JP¥9.00 | 0.602% |
FAQ
Click here for our free guide on how to buy TAZMO CO.,LTD. Stock.
