NAKAMOTO PACKS CO.,LTD. Stock Forecast
Stronger technical forecast for NAKAMOTO PACKS CO.,LTD. stock price after Friday trading.
(Updated on May 31, 2024)
The NAKAMOTO PACKS CO.,LTD. stock price gained 0.124% on the last trading day (Friday, 31st May 2024), rising from JP¥1,611.00 to JP¥1,613.00. During the last trading day the stock fluctuated 0.685% from a day low at JP¥1,607.00 to a day high of JP¥1,618.00. The price has fallen in 6 of the last 10 days and is down by -2.48% for this period. Volume fell on the last day by -51 thousand shares and in total, 23 thousand shares were bought and sold for approximately JP¥36.94 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 is at the lower part of a narrow 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¥1,611.07 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect NAKAMOTO PACKS CO.,LTD. stock with a 90% probability to be traded between JP¥1,615.15 and JP¥1,693.77 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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7811.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 0.124%. 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 NAKAMOTO PACKS 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¥1,636.57 and JP¥1,654.97. 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 NAKAMOTO PACKS CO.,LTD. stock
NAKAMOTO PACKS CO.,LTD. finds support from accumulated volume at JP¥1,611.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥11.00 between high and low, or 0.685%. For the last week the stock has had daily average volatility of 0.80%.
NAKAMOTO PACKS CO.,LTD. is oversold on RSI14 (10). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: JP¥1,511.54 (-6.29%) (This stock has low daily movements and this gives low risk. Low RSI14 is 10 which reduces the risk some. There is a buy signal from a pivot bottom found 16 days ago.)
Trading Expectations (7811.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect NAKAMOTO PACKS CO.,LTD. to open at JP¥1,612.67, and during the day (based on 14 day Average True Range), to move between JP¥1,600.45 and JP¥1,625.55, which gives a possible trading interval of +/-JP¥12.55 (+/-0.78%) up or down from last closing price. If NAKAMOTO PACKS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 1.56% 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¥1,611.00 (0.12%) than the resistance at JP¥1,643.00 (1.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is NAKAMOTO PACKS CO.,LTD. stock A Buy?
NAKAMOTO PACKS 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.721 Hold/Accumulate Upgraded
Predicted Opening Price for NAKAMOTO PACKS CO.,LTD. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥1,612.67 ( 0.0207%) | JP¥1,613.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7811.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,623.67 | 0.661 % | |
| R2 | 1,619.46 | 0.401 % | ||
| R1 | 1,616.87 | 0.240 % | ||
| Current price: | 1,613.00 | |||
| Support | S1 | 1,608.46 | -0.281 % | |
| S2 | 1,605.87 | -0.442 % | ||
| S3 | 1,601.67 | -0.703 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,687.00 | 4.59 % | |
| R2 | 1,653.00 | 2.48 % | ||
| R1 | 1,643.00 | 1.86 % | ||
| Current price | 1,613.00 | |||
| Support | S1 | 1,611.00 | -0.124% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
7811 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 29, 2024 | Aug 29, 2024 | Aug 29, 2024 | JP¥0 | 0% |
| 2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥0 | 0% |
| 3 | Aug 30, 2023 | Aug 30, 2023 | Aug 30, 2023 | JP¥31.00 | 1.89% |
| 4 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥31.00 | 1.96% |
| 5 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥31.00 | 1.97% |
FAQ
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