J-LEASE CO.,LTD. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Evaluation of J-LEASE CO.,LTD. stock downgraded after the last trading session.
(Updated on Apr 26, 2024)
The J-LEASE CO.,LTD. stock price fell by -0.734% on the last day (Friday, 26th Apr 2024) from JP¥1,226.00 to JP¥1,217.00. During the last trading day the stock fluctuated 2.49% from a day low at JP¥1,206.00 to a day high of JP¥1,236.00. The price has risen in 6 of the last 10 days but is still down by -1.85% for this period. Volume has increased on the last day by 167 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, 196 thousand shares were bought and sold for approximately JP¥238.78 million.
The stock lies in the middle of a very 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 -48.94% during the next 3 months and, with a 90% probability hold a price between JP¥402.47 and JP¥833.15 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.
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7187.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 05, 2024, and so far it has risen 3.75%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The J-LEASE 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¥1,235.71 and JP¥1,252.74. A break-up above any of these levels will issue buy signals. 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 J-LEASE CO.,LTD. stock
J-LEASE CO.,LTD. finds support from accumulated volume at JP¥1,198.00 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¥30.00 (2.49%) between high and low. For the last week, the stock has had daily average volatility of 1.71%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7187.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect J-LEASE CO.,LTD. to open at JP¥1,219.67, and during the day (based on 14 day Average True Range), to move between JP¥1,176.45 and JP¥1,257.55, which gives a possible trading interval of +/-JP¥40.55 (+/-3.33%) up or down from last closing price. If J-LEASE CO.,LTD. takes out the full calculated possible swing range there will be an estimated 6.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥1,198.00 (1.56%) than the resistance at JP¥1,251.00 (2.79%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is J-LEASE CO.,LTD. stock A Buy?
J-LEASE CO.,LTD. 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. 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: -1.882 Sell Candidate Downgraded
Predicted Opening Price for J-LEASE CO.,LTD. of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥1,219.67 ( 0.219%) | JP¥1,217.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7187.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,249.67 | 2.68 % | |
| R2 | 1,238.21 | 1.74 % | ||
| R1 | 1,231.13 | 1.16 % | ||
| Current price: | 1,217.00 | |||
| Support | S1 | 1,208.21 | -0.723 % | |
| S2 | 1,201.13 | -1.30 % | ||
| S3 | 1,189.67 | -2.25 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,299.00 | 6.74 % | |
| R2 | 1,258.00 | 3.37 % | ||
| R1 | 1,251.00 | 2.79 % | ||
| Current price | 1,217.00 | |||
| Support | S1 | 1,198.00 | -1.56% | |
| S2 | 1,197.00 | -1.64% | ||
| S3 | 1,189.00 | -2.30% |
7187 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥35.00 | 3.25% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥25.00 | 2.15% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥25.00 | 2.90% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥15.00 | 1.39% |
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