Japan Investment Adviser Co.,Ltd. Stock Forecast
Japan Investment Adviser Co.,Ltd. stock upgraded to Strong Buy Candidate.
(Updated on Jul 03, 2024)
The Japan Investment Adviser Co.,Ltd. stock price gained 3.13% on the last trading day (Wednesday, 3rd Jul 2024), rising from JP¥1,628.00 to JP¥1,679.00. During the last trading day the stock fluctuated 4.42% from a day low at JP¥1,628.00 to a day high of JP¥1,700.00. The price has risen in 6 of the last 10 days and is up by 10.9% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 62 thousand more shares were traded than the day before. In total, 411 thousand shares were bought and sold for approximately JP¥689.90 million.
The stock lies in the middle of a 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 46.62% during the next 3 months and, with a 90% probability hold a price between JP¥2,214.21 and JP¥2,689.99 at the end of this 3-month period.
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7172.T Signals & Forecast
Mostly positive signals in the chart today. 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¥1,631.86 and JP¥1,447.54. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, May 13, 2024, and so far it has risen 33.25%. 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 is rising along with the price. This is considered to be a good technical signal.
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¥1,433.00 and JP¥1,391.00. 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¥1,433.00. If this is broken, then the next support from accumulated volume will be at JP¥1,391.00 and JP¥1,303.00.
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¥72.00 between high and low, or 4.42%. For the last week, the stock has had daily average volatility of 3.10%.
Our recommended stop-loss: JP¥1,620.91 (-3.46%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 42 days ago.)
Trading Expectations (7172.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Japan Investment Adviser Co.,Ltd. to open at JP¥1,669.00, and during the day (based on 14 day Average True Range), to move between JP¥1,621.48 and JP¥1,736.52, which gives a possible trading interval of +/-JP¥57.52 (+/-3.43%) 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 6.85% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥1,433.00, some JP¥246.00 (14.65%) from the current price of JP¥1,679.00, our system finds the risk reward attractive.
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 Buy to a Strong Buy candidate.
Current score: 5.823 Strong Buy Candidate Upgraded
Predicted Opening Price for Japan Investment Adviser Co.,Ltd. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥1,669.00 ( 0.596%) | JP¥1,679.00 |
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 | |
|---|---|---|
| R3 | 1,741.00 | 3.69% |
| R2 | 1,713.50 | 2.05% |
| R1 | 1,696.50 | 1.04% |
| Price | 1,679.00 | |
| S1 | 1,641.50 | -2.23% |
| S2 | 1,624.50 | -3.25% |
| S3 | 1,597.00 | -4.88% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 1,679.00 | |
| S1 | 1,433.00 | -14.65% |
| S2 | 1,391.00 | -17.15% |
| S3 | 1,303.00 | -22.39% |
7172 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥8.00 | 0.476% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Mar 27, 2024 | JP¥9.92 | 0.95% |
| 4 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥16.00 | 1.44% |
| 5 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥16.00 | 1.39% |
FAQ
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