SAIZERIYA CO.,LTD. Stock Forecast
SAIZERIYA CO.,LTD. stock price ended at JP¥5,200.00 on Thursday, after gaining 2.36%.
(Updated on May 02, 2024)
The SAIZERIYA CO.,LTD. stock price gained 2.36% on the last trading day (Thursday, 2nd May 2024), rising from JP¥5,080.00 to JP¥5,200.00. During the last trading day the stock fluctuated 2.36% from a day low at JP¥5,090.00 to a day high of JP¥5,210.00. The price has risen in 6 of the last 10 days and is up by 7.77% over the past 2 weeks. Volume fell on the last day by -92 thousand shares and in total, 309 thousand shares were bought and sold for approximately JP¥1.61 billion. 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 lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥4,936.37 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.69% during the next 3 months and, with a 90% probability hold a price between JP¥5,513.55 and JP¥7,011.00 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
7581.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 7.77%. Further rise is indicated until a new top pivot has been found. 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 SAIZERIYA 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¥5,217.14 and JP¥5,337.00. 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).
Support, Risk & Stop-loss for SAIZERIYA CO.,LTD. stock
SAIZERIYA CO.,LTD. finds support from accumulated volume at JP¥5,150.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥120.00 between high and low, or 2.36%. For the last week, the stock has had daily average volatility of 2.62%.
Our recommended stop-loss: JP¥4,985.47 (-4.13%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (7581.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect SAIZERIYA CO.,LTD. to open at JP¥5,166.67, and during the day (based on 14 day Average True Range), to move between JP¥5,010.80 and JP¥5,389.20, which gives a possible trading interval of +/-JP¥189.20 (+/-3.64%) up or down from last closing price. If SAIZERIYA CO.,LTD. takes out the full calculated possible swing range there will be an estimated 7.28% 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¥5,150.00 (0.96%) than the resistance at JP¥5,280.00 (1.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SAIZERIYA CO.,LTD. stock A Buy?
SAIZERIYA CO.,LTD. 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: -0.035 Hold/Accumulate Unchanged
Predicted Opening Price for SAIZERIYA CO.,LTD. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥5,166.67 ( 0.641%) | JP¥5,200.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7581.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,286.67 | 1.67 % | |
| R2 | 5,240.83 | 0.785 % | ||
| R1 | 5,212.51 | 0.241 % | ||
| Current price: | 5,200.00 | |||
| Support | S1 | 5,120.83 | -1.52 % | |
| S2 | 5,092.51 | -2.07 % | ||
| S3 | 5,046.67 | -2.95 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,570.00 | 7.12 % | |
| R2 | 5,450.00 | 4.81 % | ||
| R1 | 5,280.00 | 1.54 % | ||
| Current price | 5,200.00 | |||
| Support | S1 | 5,150.00 | -0.96% | |
| S2 | 4,890.00 | -5.96% | ||
| S3 | 4,880.00 | -6.15% |
7581 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 29, 2024 | Aug 29, 2024 | Aug 29, 2024 | JP¥0 | 0% |
| 2 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥18.00 | 0.403% |
| 3 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥18.00 | 0.702% |
| 4 | Aug 30, 2021 | Aug 30, 2021 | Aug 30, 2021 | JP¥18.00 | 0.727% |
| 5 | Aug 28, 2020 | Aug 28, 2020 | Aug 28, 2020 | JP¥18.00 | 0.93% |
FAQ
Click here for our free guide on how to buy SAIZERIYA CO.,LTD. Stock.
