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AI Analysis of 6316.T
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MARUYAMA MFG.CO.,INC. stock price down 0.0819% on Tuesday
(Updated on Jun 25, 2024)

Buy or Hold candidate since Jun 21, 2024 Gain 1.50% PDF

The MARUYAMA MFG.CO.,INC. stock price fell by -0.0819% on the last day (Tuesday, 25th Jun 2024) from JP¥2,441.00 to JP¥2,439.00. During the last trading day the stock fluctuated 1.44% from a day low at JP¥2,425.00 to a day high of JP¥2,460.00. The price has risen in 7 of the last 10 days and is up by 3.52% over the past 2 weeks. Volume has increased on the last day by 100 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 thousand shares were bought and sold for approximately JP¥13.41 million.

The stockhas broken the 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¥2,438.93, a level that may pose a second chance to hit a runner. According to fan-theory JP¥2,600.80 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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6316.T Signals & Forecast

The MARUYAMA MFG.CO.,INC. 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¥2,384.14 and JP¥2,388.03. 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 Monday, June 24, 2024, and so far it has fallen -0.0819%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for MARUYAMA MFG.CO.,INC. stock

MARUYAMA MFG.CO.,INC. finds support from accumulated volume at JP¥2,427.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥35.00 between high and low, or 1.44%. For the last week the stock has had daily average volatility of 1.44%.

Our recommended stop-loss: JP¥2,376.77 (-2.55%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (6316.T) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect MARUYAMA MFG.CO.,INC. to open at JP¥2,441.33, and during the day (based on 14 day Average True Range), to move between JP¥2,400.48 and JP¥2,477.52, which gives a possible trading interval of +/-JP¥38.52 (+/-1.58%) up or down from last closing price. If MARUYAMA MFG.CO.,INC. takes out the full calculated possible swing range there will be an estimated 3.16% 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¥2,446.00 (0.29%) than the support at JP¥2,427.00 (0.49%), 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 MARUYAMA MFG.CO.,INC. stock A Buy?

MARUYAMA MFG.CO.,INC. 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.

Current score: 0.784 Hold/Accumulate Unchanged

Predicted Opening Price for MARUYAMA MFG.CO.,INC. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
JP¥2,441.33 ( 0.0957%) JP¥2,439.00

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

Trading levels for 6316.T

Fibonacci Support & Resistance Levels

Level Price
R3 2,476.33 1.53%
R2 2,462.96 0.98%
R1 2,454.70 0.644%
Price 2,439.00
S1 2,427.96 -0.453%
S2 2,419.70 -0.791%
S3 2,406.33 -1.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2,523.00 3.44%
R2 2,471.00 1.31%
R1 2,446.00 0.287%
Price 2,439.00
S1 2,427.00 -0.492%
S2 2,420.00 -0.779%
S3 2,406.00 -1.35%

6316 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 27, 2024 Sep 27, 2024 Sep 27, 2024 JP¥0 0%
2 Sep 28, 2023 Sep 28, 2023 Dec 22, 2023 JP¥75.00 2.92%
3 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥55.00 3.70%
4 Sep 29, 2021 Sep 29, 2021 Sep 29, 2021 JP¥35.00 2.17%
5 Sep 29, 2020 Sep 29, 2020 Sep 29, 2020 JP¥35.00 2.46%

FAQ

What is the symbol for MARUYAMA MFG.CO.,INC. Stock and on which exchange is it traded?
The symbol for MARUYAMA MFG.CO.,INC. is 6316.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell MARUYAMA MFG.CO.,INC. Stock?
MARUYAMA MFG.CO.,INC. 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.

How to buy MARUYAMA MFG.CO.,INC. Stock?
MARUYAMA MFG.CO.,INC. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MARUYAMA MFG.CO.,INC. Stock.

What's the current price of MARUYAMA MFG.CO.,INC. Stock?
As of the end of day on the Jun 25, 2024, the price of an MARUYAMA MFG.CO.,INC. (6316.T) share was JP¥2,439.00.

What is the 52-week high and low for MARUYAMA MFG.CO.,INC. Stock?
The 52-week high for MARUYAMA MFG.CO.,INC. Stock is JP¥2,871.00 and the 52-week low is JP¥1,830.00.

What is the market capitalization of MARUYAMA MFG.CO.,INC. Stock?
As of the Jun 25, 2024, the market capitalization of MARUYAMA MFG.CO.,INC. is 10.246B.

When is the next earnings date for MARUYAMA MFG.CO.,INC.?
The upcoming earnings date for MARUYAMA MFG.CO.,INC. is Aug 06, 2024.
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About MARUYAMA MFG.CO.,INC.

MARUYAMA MFG.INC. Maruyama Mfg. Co., Inc. manufactures and sells machinery. It offers agricultural machines, such as pesticide applicators, forestry equipment, etc.; and environmental sanitation machines, firefighting equipment, industrial pumps, cleaning equipment, construction machinery, engines, cars, and other vehicles used for agriculture. The company is also involved in the contract design and construction of plumbing and fire-prevention equipment; and real ... 6316.T Profile

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