KUBOTA CORPORATION 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
KUBOTA CORPORATION stock price ended at JP¥2,212.50 on Friday, after losing 0.270%.
(Updated on Jun 14, 2024)
The KUBOTA CORPORATION stock price fell by -0.270% on the last day (Friday, 14th Jun 2024) from JP¥2,218.50 to JP¥2,212.50. During the last trading day the stock fluctuated 1.37% from a day low at JP¥2,197.50 to a day high of JP¥2,227.50. The price has risen in 6 of the last 10 days but is still down by -0.38% for this period. Volume has increased on the last day by 1 million 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, 4 million shares were bought and sold for approximately JP¥8.45 billion.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.89% during the next 3 months and, with a 90% probability hold a price between JP¥1,957.68 and JP¥2,219.14 at the end of this 3-month period.
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6326.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has risen 2.95%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The KUBOTA CORPORATION stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥2,333.16. On a fall, the stock will find some support from the short-term average at JP¥2,210.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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 KUBOTA CORPORATION stock
KUBOTA CORPORATION finds support from accumulated volume at JP¥2,205.00 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¥30.00 between high and low, or 1.37%. For the last week, the stock has had daily average volatility of 1.31%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (6326.T) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect KUBOTA CORPORATION to open at JP¥2,212.50, and during the day (based on 14 day Average True Range), to move between JP¥2,167.72 and JP¥2,257.28, which gives a possible trading interval of +/-JP¥44.78 (+/-2.02%) up or down from last closing price. If KUBOTA CORPORATION takes out the full calculated possible swing range there will be an estimated 4.05% 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¥2,205.00 (0.34%) than the resistance at JP¥2,221.00 (0.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KUBOTA CORPORATION stock A Buy?
KUBOTA CORPORATION holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.180 Sell Candidate Unchanged
Predicted Opening Price for KUBOTA CORPORATION of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| JP¥2,212.50 ( 0%) | JP¥2,212.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6326.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,242.50 | 1.36% |
| R2 | 2,231.04 | 0.84% |
| R1 | 2,223.96 | 0.518% |
| Price | 2,212.50 | |
| S1 | 2,201.04 | -0.518% |
| S2 | 2,193.96 | -0.84% |
| S3 | 2,182.50 | -1.36% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,412.00 | 9.02% |
| R2 | 2,361.50 | 6.73% |
| R1 | 2,221.00 | 0.384% |
| Price | 2,212.50 | |
| S1 | 2,205.00 | -0.339% |
| S2 | 2,197.50 | -0.678% |
| S3 | 2,149.00 | -2.87% |
6326 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥24.00 | 1.08% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 25, 2024 | JP¥24.00 | 1.03% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Sep 01, 2023 | JP¥24.00 | 1.02% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥22.00 | 1.20% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥22.00 | 1.07% |
FAQ
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