San ju San Financial Group,Inc. Stock Forecast
San ju San Financial Group,Inc. stock price up 0.245% on Wednesday
(Updated on May 15, 2024)
The San ju San Financial Group,Inc. stock price gained 0.245% on the last trading day (Wednesday, 15th May 2024), rising from JP¥2,037.00 to JP¥2,042.00. During the last trading day the stock fluctuated 1.83% from a day low at JP¥2,019.00 to a day high of JP¥2,056.00. The price has been going up and down for this period, and there has been a -0.29% loss for the last 2 weeks. Volume fell on the last day by -3 thousand shares and in total, 32 thousand shares were bought and sold for approximately JP¥65.14 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a wide and weak 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 4.53% during the next 3 months and, with a 90% probability hold a price between JP¥2,079.24 and JP¥2,311.08 at the end of this 3-month period.
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7322.T Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The San ju San Financial Group,Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at JP¥2,066.29 and JP¥2,043.77. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 02, 2024, and so far it has fallen -2.81%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for San ju San Financial Group,Inc. stock
San ju San Financial Group,Inc. finds support from accumulated volume at JP¥2,037.00 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¥37.00 (1.83%) between high and low. For the last week, the stock has had daily average volatility of 2.17%.
Our recommended stop-loss: JP¥1,956.85 (-4.17%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (7322.T) For The Upcoming Trading Day Of Thursday 16th
For the upcoming trading day on Thursday, 16th we expect San ju San Financial Group,Inc. to open at JP¥2,039.00, and during the day (based on 14 day Average True Range), to move between JP¥1,998.87 and JP¥2,085.13, which gives a possible trading interval of +/-JP¥43.13 (+/-2.11%) up or down from last closing price. If San ju San Financial Group,Inc. takes out the full calculated possible swing range there will be an estimated 4.22% 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¥2,037.00 (0.24%) than the resistance at JP¥2,051.00 (0.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is San ju San Financial Group,Inc. stock A Buy?
San ju San Financial Group,Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.372 Hold/Accumulate Unchanged
Predicted Opening Price for San ju San Financial Group,Inc. of Thursday, May 16, 2024
| Fair opening price May 16, 2024 | Current price |
|---|---|
| JP¥2,039.00 ( 0.147%) | JP¥2,042.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7322.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,076.00 | 1.67 % | |
| R2 | 2,061.87 | 0.97 % | ||
| R1 | 2,053.13 | 0.545 % | ||
| Current price: | 2,042.00 | |||
| Support | S1 | 2,024.87 | -0.84 % | |
| S2 | 2,016.13 | -1.27 % | ||
| S3 | 2,002.00 | -1.96 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,158.00 | 5.68 % | |
| R2 | 2,083.00 | 2.01 % | ||
| R1 | 2,051.00 | 0.441 % | ||
| Current price | 2,042.00 | |||
| Support | S1 | 2,037.00 | -0.245% | |
| S2 | 1,999.00 | -2.11% | ||
| S3 | 1,990.00 | -2.55% |
7322 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥36.00 | 2.31% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥36.00 | 2.54% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥36.00 | 2.38% |
FAQ
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