TOKYO RADIATOR MFG.CO.,LTD. Stock Forecast
TOKYO RADIATOR MFG.CO.,LTD. stock price down 0% on Thursday
(Updated on May 02, 2024)
No changes to the price of TOKYO RADIATOR MFG.CO.,LTD. stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 0.410% from a day low at JP¥732.00 to a day high of JP¥735.00. The price has risen in 5 of the last 10 days and is up by 0.69% over the past 2 weeks.
The stock lies in the lower of a 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¥714.27 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -2.41% during the next 3 months and, with a 90% probability hold a price between JP¥697.07 and JP¥797.33 at the end of this 3-month period.
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7235.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.23%. 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 TOKYO RADIATOR MFG.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¥736.29 and JP¥767.37. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The stock had a Golden Star Signal on Tuesday, July 18, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, July 18, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for TOKYO RADIATOR MFG.CO.,LTD. stock
TOKYO RADIATOR MFG.CO.,LTD. finds support from accumulated volume at JP¥728.00 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¥3.00 (0.410%) between high and low. For the last week, the stock has had daily average volatility of 1.15%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7235.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect TOKYO RADIATOR MFG.CO.,LTD. to open at JP¥733.33, and during the day (based on 14 day Average True Range), to move between JP¥716.17 and JP¥749.83, which gives a possible trading interval of +/-JP¥16.83 (+/-2.30%) up or down from last closing price. If TOKYO RADIATOR MFG.CO.,LTD. takes out the full calculated possible swing range there will be an estimated 4.59% 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¥728.00 (0.68%) than the resistance at JP¥747.00 (1.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TOKYO RADIATOR MFG.CO.,LTD. stock A Buy?
TOKYO RADIATOR MFG.CO.,LTD. holds several negative signals and is within a 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: -1.318 Sell Candidate Unchanged
Predicted Opening Price for TOKYO RADIATOR MFG.CO.,LTD. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥733.33 ( 0.0455%) | JP¥733.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7235.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 736.33 | 0.455 % | |
| R2 | 735.19 | 0.298 % | ||
| R1 | 734.48 | 0.202 % | ||
| Current price: | 733.00 | |||
| Support | S1 | 732.19 | -0.111 % | |
| S2 | 731.48 | -0.207 % | ||
| S3 | 730.33 | -0.364 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 771.00 | 5.18 % | |
| R2 | 755.00 | 3.00 % | ||
| R1 | 747.00 | 1.91 % | ||
| Current price | 733.00 | |||
| Support | S1 | 728.00 | -0.682% | |
| S2 | 722.00 | -1.50% | ||
| S3 | 717.00 | -2.18% |
7235 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¥8.00 | 1.56% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥8.00 | 1.33% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥8.00 | 1.32% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥8.00 | 1.34% |
FAQ
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