Pan Pacific International Holdings Corp Stock Forecast
Red day on Friday for Pan Pacific International Holdings Corp stock after losing 1.23%
(Updated on Jun 28, 2024)
The Pan Pacific International Holdings Corp stock price fell by -1.23% on the last day (Friday, 28th Jun 2024) from JP¥3,811.00 to JP¥3,764.00. During the last trading day the stock fluctuated 2.15% from a day low at JP¥3,764.00 to a day high of JP¥3,845.00. The price has risen in 6 of the last 10 days and is up by 0.19% 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 -186 thousand shares and in total, 1 million shares were bought and sold for approximately JP¥4.64 billion.
The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at JP¥3,680.04 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Pan Pacific International Holdings Corp stock with a 90% probability to be traded between JP¥3,703.45 and JP¥4,126.01 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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7532.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 1.51%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Pan Pacific International Holdings Corp 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¥3,790.00 and JP¥3,866.09. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Pan Pacific International Holdings Corp stock
Pan Pacific International Holdings Corp finds support from accumulated volume at JP¥3,757.00 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¥81.00 between high and low, or 2.15%. For the last week, the stock has had daily average volatility of 1.86%.
Our recommended stop-loss: JP¥3,531.77 (-6.17%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)
Trading Expectations (7532.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Pan Pacific International Holdings Corporation to open at JP¥3,791.00, and during the day (based on 14 day Average True Range), to move between JP¥3,674.73 and JP¥3,853.27, which gives a possible trading interval of +/-JP¥89.27 (+/-2.37%) up or down from last closing price. If Pan Pacific International Holdings Corporation takes out the full calculated possible swing range there will be an estimated 4.74% 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¥3,757.00 (0.19%) than the resistance at JP¥3,811.00 (1.25%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Pan Pacific International Holdings Corporation stock A Buy?
Pan Pacific International Holdings Corp 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: 0.433 Hold/Accumulate Unchanged
Predicted Opening Price for Pan Pacific International Holdings Corporation of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥3,791.00 ( 0.717%) | JP¥3,764.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7532.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,872.00 | 2.87% |
| R2 | 3,841.06 | 2.05% |
| R1 | 3,821.94 | 1.54% |
| Price | 3,764.00 | |
| S1 | 3,760.06 | -0.105% |
| S2 | 3,740.94 | -0.613% |
| S3 | 3,710.00 | -1.43% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,037.00 | 7.25% |
| R2 | 3,921.00 | 4.17% |
| R1 | 3,811.00 | 1.25% |
| Price | 3,764.00 | |
| S1 | 3,757.00 | -0.186% |
| S2 | 3,731.00 | -0.88% |
| S3 | 3,709.00 | -1.46% |
7532 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥16.00 | 0.425% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 22, 2024 | JP¥5.00 | 0.126% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥14.00 | 0.559% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥4.00 | 0.164% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥14.00 | 0.659% |
FAQ
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