ANEST IWATA Corporation Stock Forecast
ANEST IWATA Corporation stock price ended at JP¥1,355.00 on Thursday, after losing 0%.
(Updated on May 02, 2024)
No changes to the price of ANEST IWATA Corporation stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 1.33% from a day low at JP¥1,350.00 to a day high of JP¥1,368.00. The price has risen in 7 of the last 10 days and is up by 2.57% over the past 2 weeks.
The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at JP¥1,376.18 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.67% during the next 3 months and, with a 90% probability hold a price between JP¥1,303.57 and JP¥1,412.95 at the end of this 3-month period.
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6381.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.441%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The ANEST IWATA Corporation 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¥1,345.71 and JP¥1,328.71. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for ANEST IWATA Corporation stock
ANEST IWATA Corporation finds support from accumulated volume at JP¥1,335.00 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¥18.00 between high and low, or 1.33%. For the last week the stock has had daily average volatility of 1.18%.
Our recommended stop-loss: JP¥1,302.10 (-3.90%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)
Trading Expectations (6381.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect ANEST IWATA Corporation to open at JP¥1,357.67, and during the day (based on 14 day Average True Range), to move between JP¥1,333.56 and JP¥1,376.44, which gives a possible trading interval of +/-JP¥21.44 (+/-1.58%) up or down from last closing price. If ANEST IWATA Corporation 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¥1,359.00 (0.30%) than the support at JP¥1,335.00 (1.48%), 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.
Earnings coming up
ANEST IWATA Corporation will release earnings BMO on Thursday, May 09, 2024. We will update the financials statements for ANEST IWATA Corporation, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.05% in the first trading day after earnings release.
Is ANEST IWATA Corporation stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ANEST IWATA Corporation stock to perform well in the short-term.
Current score: 1.406 Buy Candidate Unchanged
Predicted Opening Price for ANEST IWATA Corporation of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥1,357.67 ( 0.197%) | JP¥1,355.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6381.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,375.67 | 1.53 % | |
| R2 | 1,368.79 | 1.02 % | ||
| R1 | 1,364.54 | 0.704 % | ||
| Current price: | 1,355.00 | |||
| Support | S1 | 1,350.79 | -0.311 % | |
| S2 | 1,346.54 | -0.624 % | ||
| S3 | 1,339.67 | -1.13 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,366.00 | 0.81 % | |
| R2 | 1,361.00 | 0.443 % | ||
| R1 | 1,359.00 | 0.295 % | ||
| Current price | 1,355.00 | |||
| Support | S1 | 1,335.00 | -1.48% | |
| S2 | 1,276.00 | -5.83% | ||
| S3 | 1,271.00 | -6.20% |
6381 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥22.00 | 2.24% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥16.00 | 1.82% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥17.00 | 2.04% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥13.00 | 1.37% |
FAQ
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