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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 6814.T
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FURUNO ELECTRIC CO.,LTD. stock price ended at JP¥2,015.00 on Monday, after losing 0.494%.
(Updated on May 20, 2024)

Sell candidate since May 01, 2024 Gain 1.10% PDF

The FURUNO ELECTRIC CO.,LTD. stock price fell by -0.494% on the last day (Monday, 20th May 2024) from JP¥2,025.00 to JP¥2,015.00. During the last trading day the stock fluctuated 1.94% from a day low at JP¥2,014.00 to a day high of JP¥2,053.00. The price has been going up and down for this period, and there has been a 2.7% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -70 thousand shares and in total, 153 thousand shares were bought and sold for approximately JP¥308.90 million.

The stock lies in the middle of a very 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 -12.76% during the next 3 months and, with a 90% probability hold a price between JP¥1,380.46 and JP¥2,035.24 at the end of this 3-month period.

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6814.T Signals & Forecast

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 FURUNO ELECTRIC 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¥2,050.43 and JP¥2,134.94. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 13, 2024, and so far it has fallen -5.00%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for FURUNO ELECTRIC CO.,LTD. stock

FURUNO ELECTRIC CO.,LTD. finds support from accumulated volume at JP¥1,955.00 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¥39.00 between high and low, or 1.94%. For the last week, the stock has had daily average volatility of 3.36%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (6814.T) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect FURUNO ELECTRIC CO.,LTD. to open at JP¥2,027.33, and during the day (based on 14 day Average True Range), to move between JP¥1,927.61 and JP¥2,102.39, which gives a possible trading interval of +/-JP¥87.39 (+/-4.34%) up or down from last closing price. If FURUNO ELECTRIC CO.,LTD. takes out the full calculated possible swing range there will be an estimated 8.67% 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¥2,016.00 (0.05%) than the support at JP¥1,955.00 (2.98%), 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 FURUNO ELECTRIC CO.,LTD. stock A Buy?

FURUNO ELECTRIC CO.,LTD. holds several negative signals and is within a very 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: -1.626 Sell Candidate Unchanged

Predicted Opening Price for FURUNO ELECTRIC CO.,LTD. of Tuesday, May 21, 2024

Fair opening price May 21, 2024 Current price
JP¥2,027.33 ( 0.612%) JP¥2,015.00

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

Trading levels for 6814.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,066.33 2.55 %
R2 2,051.44 1.81 %
R1 2,042.23 1.35 %
Current price: 2,015.00
Support S1 2,012.44 -0.127 %
S2 2,003.23 -0.584 %
S3 1,988.33 -1.32 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2,297.00 14.00 %
R2 2,103.00 4.37 %
R1 2,016.00 0.0496 %
Current price 2,015.00
Support S1 1,955.00 -2.98%
S2 1,797.00 -10.82%
S3 1,700.00 -15.63%

6814 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 29, 2024 Aug 29, 2024 Aug 29, 2024 JP¥0 0%
2 Aug 30, 2023 Aug 30, 2023 Aug 30, 2023 JP¥10.00 0.783%
3 Feb 27, 2023 Feb 27, 2023 Feb 27, 2023 JP¥15.00 1.59%
4 Aug 30, 2022 Aug 30, 2022 Aug 30, 2022 JP¥10.00 0.87%
5 Feb 25, 2022 Feb 25, 2022 Feb 25, 2022 JP¥20.00 1.91%

FAQ

What is the symbol for FURUNO ELECTRIC CO.,LTD. Stock and on which exchange is it traded?
The symbol for FURUNO ELECTRIC CO.,LTD. is 6814.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell FURUNO ELECTRIC CO.,LTD. Stock?
FURUNO ELECTRIC CO.,LTD. holds several negative signals and is within a very 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.

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

What's the current price of FURUNO ELECTRIC CO.,LTD. Stock?
As of the end of day on the May 20, 2024, the price of an FURUNO ELECTRIC CO.,LTD. (6814.T) share was JP¥2,015.00.

What is the 52-week high and low for FURUNO ELECTRIC CO.,LTD. Stock?
The 52-week high for FURUNO ELECTRIC CO.,LTD. Stock is JP¥2,579.00 and the 52-week low is JP¥961.00.

What is the market capitalization of FURUNO ELECTRIC CO.,LTD. Stock?
As of the May 20, 2024, the market capitalization of FURUNO ELECTRIC CO.,LTD. is 63.653B.

When is the next earnings date for FURUNO ELECTRIC CO.,LTD.?
The upcoming earnings date for FURUNO ELECTRIC CO.,LTD. is Jul 12, 2024.
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About FURUNO ELECTRIC CO.,LTD.

FURUNO ELECTRIC Furuno Electric Co., Ltd. engages in the manufacture and sale of marine and industrial electronics equipment, wireless LAN system, and handy terminals in Japan, the Americas, Europe, rest of Asia, and internationally. Its marine business offers radars, AIS and ECDIS systems, and satellite communication equipment for merchant vessels; fish finders, scanning sonars, and radiotelephones for fishing vessels; and network-capable and multi-function nav... 6814.T Profile

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