Helios Techno Holding Co.,Ltd. Stock Forecast
Helios Techno Holding Co.,Ltd. stock downgraded to Sell Candidate
(Updated on Mar 28, 2024)
The Helios Techno Holding Co.,Ltd. stock price fell by -4.17% on the last day (Thursday, 28th Mar 2024) from JP¥552.00 to JP¥529.00. During the last trading day the stock fluctuated 3.88% from a day low at JP¥515.00 to a day high of JP¥535.00. The price has been going up and down for this period, and there has been a -3.82% loss for the last 2 weeks. Volume has increased on the last day by 311 thousand 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, 669 thousand shares were bought and sold for approximately JP¥353.95 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥527.52 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.62% during the next 3 months and, with a 90% probability hold a price between JP¥557.18 and JP¥645.48 at the end of this 3-month period.
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6927.T Signals & Forecast
There are few to no technical positive signals at the moment. The Helios Techno Holding 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¥550.86 and JP¥560.34. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, March 05, 2024, and so far it has fallen -12.13%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Helios Techno Holding Co.,Ltd. stock
Helios Techno Holding Co.,Ltd. finds support from accumulated volume at JP¥516.00 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¥20.00 between high and low, or 3.88%. For the last week, the stock has had daily average volatility of 2.30%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (6927.T) For The Upcoming Trading Day Of Friday 29th
For the upcoming trading day on Friday, 29th we expect Helios Techno Holding Co.,Ltd. to open at JP¥526.33, and during the day (based on 14 day Average True Range), to move between JP¥511.13 and JP¥546.87, which gives a possible trading interval of +/-JP¥17.87 (+/-3.38%) up or down from last closing price. If Helios Techno Holding Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.76% 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¥535.00 (1.13%) than the support at JP¥516.00 (2.46%), 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 Helios Techno Holding Co.,Ltd. stock A Buy?
The Helios Techno Holding Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Helios Techno Holding Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.825 Sell Candidate Downgraded
Predicted Opening Price for Helios Techno Holding Co.,Ltd. of Friday, March 29, 2024
Fair opening price March 29, 2024 | Current price |
---|---|
JP¥526.33 ( 0.504%) | JP¥529.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 6927.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 546.33 | 3.28 % | |
R2 | 538.69 | 1.83 % | ||
R1 | 533.97 | 0.94 % | ||
Current price: | 529.00 | |||
Support | S1 | 518.69 | -1.95 % | |
S2 | 513.97 | -2.84 % | ||
S3 | 506.33 | -4.28 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 560.00 | 5.86 % | |
R2 | 544.00 | 2.84 % | ||
R1 | 535.00 | 1.13 % | ||
Current price | 529.00 | |||
Support | S1 | 516.00 | -2.46% | |
S2 | 513.00 | -3.02% | ||
S3 | 495.00 | -6.43% |
6927 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥8.00 | 2.29% |
2 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥8.00 | 2.70% |
3 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥7.00 | 1.82% |
4 | Mar 30, 2020 | Mar 30, 2020 | Mar 30, 2020 | JP¥6.00 | 1.74% |
5 | Mar 27, 2019 | Mar 27, 2019 | Mar 27, 2019 | JP¥30.00 | 4.39% |
FAQ
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