Japan Investment Adviser Co.,Ltd. Stock Forecast
A very strong day for Japan Investment Adviser Co.,Ltd. stock price on Friday
(Updated on May 17, 2024)
The Japan Investment Adviser Co.,Ltd. stock price gained 6.66% on the last trading day (Friday, 17th May 2024), rising from JP¥1,291.00 to JP¥1,377.00. During the last trading day the stock fluctuated 6.09% from a day low at JP¥1,298.00 to a day high of JP¥1,377.00. The price has fallen in 6 of the last 10 days and is down by -0.94% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 342 thousand more shares were traded than the day before. In total, 727 thousand shares were bought and sold for approximately JP¥1.00 billion.
The stock lies in the middle of a very wide and strong 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 47.06% during the next 3 months and, with a 90% probability hold a price between JP¥1,686.91 and JP¥2,215.58 at the end of this 3-month period.
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7172.T Signals & Forecast
The Japan Investment Adviser Co.,Ltd. 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¥1,297.29 and JP¥1,150.43. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 02, 2024, and so far it has fallen -3.91%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Japan Investment Adviser Co.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,303.00 and JP¥1,272.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Japan Investment Adviser Co.,Ltd. finds support just below today's level at JP¥1,303.00. If this is broken, then the next support from accumulated volume will be at JP¥1,272.00 and JP¥1,260.00.
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¥79.00 between high and low, or 6.09%. For the last week, the stock has had daily average volatility of 5.15%.
Our recommended stop-loss: JP¥1,315.86 (-4.44%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 9 days ago.)
Trading Expectations (7172.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Japan Investment Adviser Co.,Ltd. to open at JP¥1,350.67, and during the day (based on 14 day Average True Range), to move between JP¥1,306.82 and JP¥1,447.18, which gives a possible trading interval of +/-JP¥70.18 (+/-5.10%) up or down from last closing price. If Japan Investment Adviser Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 10.19% 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¥1,380.00 (0.22%) than the support at JP¥1,303.00 (5.37%), 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 Japan Investment Adviser Co.,Ltd. stock A Buy?
Japan Investment Adviser Co.,Ltd. holds several positive signals and is within a strong 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 Hold/Accumulate to a Strong Buy candidate.
Current score: 5.720 Strong Buy Candidate Upgraded
Predicted Opening Price for Japan Investment Adviser Co.,Ltd. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥1,350.67 ( 1.91%) | JP¥1,377.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7172.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,429.67 | 3.82 % | |
| R2 | 1,399.49 | 1.63 % | ||
| R1 | 1,380.84 | 0.279 % | ||
| Current price: | 1,377.00 | |||
| Support | S1 | 1,320.49 | -4.10 % | |
| S2 | 1,301.84 | -5.46 % | ||
| S3 | 1,271.67 | -7.65 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,433.00 | 4.07 % | |
| R2 | 1,391.00 | 1.02 % | ||
| R1 | 1,380.00 | 0.218 % | ||
| Current price | 1,377.00 | |||
| Support | S1 | 1,303.00 | -5.37% | |
| S2 | 1,272.00 | -7.63% | ||
| S3 | 1,260.00 | -8.50% |
7172 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Jun 27, 2024 | JP¥0 | 0% |
| 2 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥16.00 | 1.44% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥16.00 | 1.39% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥16.00 | 1.22% |
| 5 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥16.00 | 1.23% |
FAQ
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