JAPAN POST BANK Co.,Ltd. Stock Forecast
JAPAN POST BANK Co.,Ltd. stock upgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
The JAPAN POST BANK Co.,Ltd. stock price gained 1.10% on the last trading day (Friday, 28th Jun 2024), rising from JP¥1,503.00 to JP¥1,519.50. During the last trading day the stock fluctuated 1.49% from a day low at JP¥1,507.50 to a day high of JP¥1,530.00. The price has risen in 6 of the last 10 days and is up by 2.81% 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, 47 thousand more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately JP¥11.00 billion.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.47% during the next 3 months and, with a 90% probability hold a price between JP¥1,337.04 and JP¥1,472.99 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
7182.T Signals & Forecast
The JAPAN POST BANK Co.,Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥1,484.71 and JP¥1,519.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 4.61%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for JAPAN POST BANK Co.,Ltd. stock
JAPAN POST BANK Co.,Ltd. finds support from accumulated volume at JP¥1,489.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥22.50 (1.49%) between high and low. For the last week, the stock has had daily average volatility of 1.52%.
Our recommended stop-loss: JP¥1,428.52 (-5.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (7182.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect JAPAN POST BANK Co.,Ltd. to open at JP¥1,519.00, and during the day (based on 14 day Average True Range), to move between JP¥1,489.98 and JP¥1,549.02, which gives a possible trading interval of +/-JP¥29.52 (+/-1.94%) up or down from last closing price. If JAPAN POST BANK Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 3.88% 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¥1,538.50 (1.25%) than the support at JP¥1,489.50 (1.97%), 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 POST BANK Co.,Ltd. stock A Buy?
JAPAN POST BANK Co.,Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.370 Hold/Accumulate Upgraded
Predicted Opening Price for JAPAN POST BANK Co.,Ltd. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,519.00 ( 0.0329%) | JP¥1,519.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7182.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,541.50 | 1.45% |
| R2 | 1,532.91 | 0.88% |
| R1 | 1,527.60 | 0.533% |
| Price | 1,519.50 | |
| S1 | 1,510.41 | -0.599% |
| S2 | 1,505.10 | -0.95% |
| S3 | 1,496.50 | -1.51% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,591.50 | 4.74% |
| R2 | 1,586.00 | 4.38% |
| R1 | 1,538.50 | 1.25% |
| Price | 1,519.50 | |
| S1 | 1,489.50 | -1.97% |
| S2 | 1,478.00 | -2.73% |
| S3 | 1,452.50 | -4.41% |
7182 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 19, 2024 | JP¥51.00 | 3.50% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥50.00 | 4.68% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥50.00 | 4.98% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥50.00 | 4.60% |
FAQ
Click here for our free guide on how to buy JAPAN POST BANK Co.,Ltd. Stock.
