Direct Marketing Mix Inc. Stock Forecast
Direct Marketing Mix Inc. stock price down 1.59% on Friday
(Updated on Jun 28, 2024)
The Direct Marketing Mix Inc. stock price fell by -1.59% on the last day (Friday, 28th Jun 2024) from JP¥251.00 to JP¥247.00. During the last trading day the stock fluctuated 2.44% from a day low at JP¥246.00 to a day high of JP¥252.00. The price has risen in 5 of the last 10 days and is up by 5.56% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -28 thousand shares and in total, 85 thousand shares were bought and sold for approximately JP¥20.92 million.
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 -15.99% during the next 3 months and, with a 90% probability hold a price between JP¥183.90 and JP¥226.56 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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7354.T Signals & Forecast
The Direct Marketing Mix Inc. 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¥243.71 and JP¥239.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 8.33%. 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. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Direct Marketing Mix Inc. stock
Direct Marketing Mix Inc. finds support from accumulated volume at JP¥243.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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¥6.00 between high and low, or 2.44%. For the last week, the stock has had daily average volatility of 3.20%.
Our recommended stop-loss: JP¥236.38 (-4.30%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (7354.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Direct Marketing Mix Inc. to open at JP¥248.33, and during the day (based on 14 day Average True Range), to move between JP¥238.42 and JP¥255.58, which gives a possible trading interval of +/-JP¥8.58 (+/-3.47%) up or down from last closing price. If Direct Marketing Mix Inc. takes out the full calculated possible swing range there will be an estimated 6.95% 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¥250.00 (1.21%) than the support at JP¥243.00 (1.62%), 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 Direct Marketing Mix Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 2.238 Buy Candidate Unchanged
Predicted Opening Price for Direct Marketing Mix Inc. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥248.33 ( 0.540%) | JP¥247.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7354.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 254.33 | 2.97% |
| R2 | 252.04 | 2.04% |
| R1 | 250.63 | 1.47% |
| Price | 247.00 | |
| S1 | 246.04 | -0.388% |
| S2 | 244.63 | -0.96% |
| S3 | 242.33 | -1.89% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 266.00 | 7.69% |
| R2 | 251.00 | 1.62% |
| R1 | 250.00 | 1.21% |
| Price | 247.00 | |
| S1 | 243.00 | -1.62% |
| S2 | 242.00 | -2.02% |
| S3 | 236.00 | -4.45% |
7354 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 05, 2024 | JP¥3.00 | 1.06% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Mar 02, 2023 | JP¥17.00 | 1.19% |
| 4 | Dec 29, 2021 | Dec 29, 2021 | Mar 04, 2022 | JP¥5.00 | 0.298% |
| 5 | Dec 29, 2020 | Dec 29, 2020 | Mar 11, 2021 | JP¥2.50 | 0.149% |
FAQ
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