AIPHONE CO.,LTD. Stock Forecast
AIPHONE CO.,LTD. stock upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session.
(Updated on May 02, 2024)
The AIPHONE CO.,LTD. stock price gained 0.740% on the last trading day (Thursday, 2nd May 2024), rising from JP¥2,973.00 to JP¥2,995.00. During the last trading day the stock fluctuated 0.84% from a day low at JP¥2,975.00 to a day high of JP¥3,000.00. The price has risen in 7 of the last 10 days and is up by 3.45% over the past 2 weeks. Volume fell on the last day by -8 thousand shares and in total, 15 thousand shares were bought and sold for approximately JP¥45.82 million. 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 stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.72% during the next 3 months and, with a 90% probability hold a price between JP¥2,990.79 and JP¥3,261.78 at the end of this 3-month period.
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6718.T Signals & Forecast
Mostly positive signals in the chart today. The AIPHONE CO.,LTD. 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¥2,945.86 and JP¥2,974.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 4.14%. 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.
Support, Risk & Stop-loss for AIPHONE CO.,LTD. stock
AIPHONE CO.,LTD. finds support from accumulated volume at JP¥2,867.00 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¥25.00 between high and low, or 0.84%. For the last week the stock has had daily average volatility of 1.89%.
Our recommended stop-loss: JP¥2,860.62 (-4.49%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (6718.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect AIPHONE CO.,LTD. to open at JP¥2,990.00, and during the day (based on 14 day Average True Range), to move between JP¥2,938.72 and JP¥3,051.28, which gives a possible trading interval of +/-JP¥56.28 (+/-1.88%) up or down from last closing price. If AIPHONE CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.76% 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¥3,015.00 (0.67%) than the support at JP¥2,867.00 (4.27%), 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
AIPHONE CO.,LTD. will release earnings BMO on Wednesday, May 08, 2024. We will update the financials statements for AIPHONE CO.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.12% in the first trading day after earnings release.
Is AIPHONE CO.,LTD. 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 AIPHONE CO.,LTD. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.445 Buy Candidate Upgraded
Predicted Opening Price for AIPHONE CO.,LTD. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥2,990.00 ( 0.167%) | JP¥2,995.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6718.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,015.00 | 0.668 % | |
| R2 | 3,005.45 | 0.349 % | ||
| R1 | 2,999.55 | 0.152 % | ||
| Current price: | 2,995.00 | |||
| Support | S1 | 2,980.45 | -0.486 % | |
| S2 | 2,974.55 | -0.683 % | ||
| S3 | 2,965.00 | -1.00 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,060.00 | 2.17 % | |
| R2 | 3,045.00 | 1.67 % | ||
| R1 | 3,015.00 | 0.668 % | ||
| Current price | 2,995.00 | |||
| Support | S1 | 2,867.00 | -4.27% | |
| S2 | 2,828.00 | -5.58% | ||
| S3 | 2,824.00 | -5.71% |
6718 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¥40.00 | 1.98% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥40.00 | 2.05% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥56.00 | 2.72% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥35.00 | 1.42% |
FAQ
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