Jimoto Holdings,Inc. Stock Forecast
Jimoto Holdings,Inc. stock price up 2.12% on Friday
(Updated on May 10, 2024)
The Jimoto Holdings,Inc. stock price gained 2.12% on the last trading day (Friday, 10th May 2024), rising from JP¥377.00 to JP¥385.00. During the last trading day the stock fluctuated 2.67% from a day low at JP¥375.00 to a day high of JP¥385.00. The price has fallen in 8 of the last 10 days and is down by -32.1% for this period. Volume fell on the last day by -83 thousand shares and in total, 108 thousand shares were bought and sold for approximately JP¥41.43 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥363.73 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.99% during the next 3 months and, with a 90% probability hold a price between JP¥287.40 and JP¥475.82 at the end of this 3-month period.
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7161.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, May 07, 2024, and so far it has risen 3.49%. Further rise is indicated until a new top pivot has been found. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Jimoto Holdings,Inc. 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¥392.57 and JP¥543.20. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Jimoto Holdings,Inc. stock
Jimoto Holdings,Inc. finds support from accumulated volume at JP¥379.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved JP¥10.00 between high and low, or 2.67%. For the last week, the stock has had daily average volatility of 4.47%.
Jimoto Holdings,Inc. is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7161.T) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Jimoto Holdings,Inc. to open at JP¥381.67, and during the day (based on 14 day Average True Range), to move between JP¥360.49 and JP¥409.51, which gives a possible trading interval of +/-JP¥24.51 (+/-6.37%) up or down from last closing price. If Jimoto Holdings,Inc. takes out the full calculated possible swing range there will be an estimated 12.73% 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¥386.00 (0.26%) than the support at JP¥379.00 (1.56%), 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
Jimoto Holdings,Inc. will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for Jimoto Holdings,Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.45% in the first trading day after earnings release.
Is Jimoto Holdings,Inc. stock A Buy?
Jimoto Holdings,Inc. 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: -4.277 Sell Candidate Unchanged
Predicted Opening Price for Jimoto Holdings,Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| JP¥381.67 ( 0.87%) | JP¥385.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7161.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 391.67 | 1.73 % | |
| R2 | 387.85 | 0.739 % | ||
| R1 | 385.49 | 0.126 % | ||
| Current price: | 385.00 | |||
| Support | S1 | 377.85 | -1.86 % | |
| S2 | 375.49 | -2.47 % | ||
| S3 | 371.67 | -3.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 458.00 | 18.96 % | |
| R2 | 391.00 | 1.56 % | ||
| R1 | 386.00 | 0.260 % | ||
| Current price | 385.00 | |||
| Support | S1 | 379.00 | -1.56% | |
| S2 | 377.00 | -2.08% | ||
| S3 | 372.00 | -3.38% |
7161 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥5.00 | 1.28% |
| 2 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥7.50 | 1.56% |
| 3 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥10.00 | 1.58% |
| 4 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥10.00 | 1.45% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥15.00 | 1.86% |
FAQ
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