USHIO INC. Stock Forecast
USHIO INC. stock upgraded to Strong Buy Candidate.
(Updated on Jul 02, 2024)
The USHIO INC. stock price gained 0.90% on the last trading day (Tuesday, 2nd Jul 2024), rising from JP¥2,101.00 to JP¥2,120.00. During the last trading day the stock fluctuated 1.55% from a day low at JP¥2,093.50 to a day high of JP¥2,126.00. The price has risen in 6 of the last 10 days and is up by 2.66% over the past 2 weeks. Volume fell on the last day by -28 thousand shares and in total, 374 thousand shares were bought and sold for approximately JP¥793.52 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 5.63% during the next 3 months and, with a 90% probability hold a price between JP¥2,156.15 and JP¥2,349.92 at the end of this 3-month period.
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6925.T Signals & Forecast
Mostly positive signals in the chart today. The USHIO INC. 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¥2,088.57 and JP¥2,070.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 7.23%. 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 USHIO INC. stock
USHIO INC. finds support from accumulated volume at JP¥2,078.00 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¥32.50 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 1.17%.
Our recommended stop-loss: JP¥2,051.74 (-3.22%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 34 days ago.)
Trading Expectations (6925.T) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect USHIO INC. to open at JP¥2,113.17, and during the day (based on 14 day Average True Range), to move between JP¥2,086.36 and JP¥2,153.64, which gives a possible trading interval of +/-JP¥33.64 (+/-1.59%) up or down from last closing price. If USHIO INC. takes out the full calculated possible swing range there will be an estimated 3.17% 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¥2,136.00 (0.75%) than the support at JP¥2,078.00 (1.98%), 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 USHIO INC. stock A Buy?
USHIO INC. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 6.507 Strong Buy Candidate Upgraded
Predicted Opening Price for USHIO INC. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| JP¥2,113.17 ( 0.322%) | JP¥2,120.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6925.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,145.67 | 1.21% |
| R2 | 2,133.25 | 0.625% |
| R1 | 2,125.58 | 0.263% |
| Price | 2,120.00 | |
| S1 | 2,100.75 | -0.91% |
| S2 | 2,093.08 | -1.27% |
| S3 | 2,080.67 | -1.86% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 2,158.50 | 1.82% |
| R1 | 2,136.00 | 0.755% |
| Price | 2,120.00 | |
| S1 | 2,078.00 | -1.98% |
| S2 | 2,046.50 | -3.47% |
| S3 | 1,977.00 | -6.75% |
6925 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2025 | Mar 28, 2025 | Mar 28, 2025 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 28, 2024 | JP¥50.00 | 2.39% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥50.00 | 3.00% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥50.00 | 2.71% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥26.00 | 1.77% |
FAQ
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