Snow Peak,Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Snow Peak,Inc. stock price ended at JP¥1,245.00 on Friday, after losing 0%.
(Updated on May 17, 2024)
No changes to the price of Snow Peak,Inc. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 0.0803% from a day low at JP¥1,245.00 to a day high of JP¥1,246.00. The price has been going up and down for this period, and there has been a 0.16% gain for the last 2 weeks.
The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at JP¥1,265.67 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.68% during the next 3 months and, with a 90% probability hold a price between JP¥1,048.35 and JP¥1,299.56 at the end of this 3-month period.
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7816.T Signals & Forecast
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. The Snow Peak,Inc. 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¥1,245.29 and JP¥1,245.43. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, April 04, 2024, and so far it has fallen -0.400%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The stock had a Golden Star Signal on Wednesday, May 08, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star
The stock had a Golden Star Signal on Wednesday, May 08, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Snow Peak,Inc. stock
Snow Peak,Inc. finds support from accumulated volume at JP¥1,244.00 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¥1.00 between high and low, or 0.0803%. For the last week the stock has had daily average volatility of 0.129%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7816.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Snow Peak,Inc. to open at JP¥1,245.33, and during the day (based on 14 day Average True Range), to move between JP¥1,241.98 and JP¥1,248.02, which gives a possible trading interval of +/-JP¥3.02 (+/-0.24%) up or down from last closing price. If Snow Peak,Inc. takes out the full calculated possible swing range there will be an estimated 0.49% 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¥1,246.00 (0.08%) than the support at JP¥1,244.00 (0.08%), 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 Snow Peak,Inc. stock A Buy?
The Snow Peak,Inc. stock holds several negative signals and despite the positive trend, we believe Snow Peak,Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.730 Sell Candidate Unchanged
Predicted Opening Price for Snow Peak,Inc. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥1,245.33 ( 0.0268%) | JP¥1,245.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7816.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,246.33 | 0.107 % | |
| R2 | 1,245.95 | 0.0764 % | ||
| R1 | 1,245.72 | 0.0575 % | ||
| Current price: | 1,245.00 | |||
| Support | S1 | 1,244.95 | -0.0039 % | |
| S2 | 1,244.72 | -0.0229 % | ||
| S3 | 1,244.33 | -0.0535 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,249.00 | 0.321 % | |
| R2 | 1,247.00 | 0.161 % | ||
| R1 | 1,246.00 | 0.0803 % | ||
| Current price | 1,245.00 | |||
| Support | S1 | 1,244.00 | -0.0803% | |
| S2 | 1,243.00 | -0.161% | ||
| S3 | 1,242.00 | -0.241% |
7816 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 | Dec 28, 2023 | JP¥0 | 0% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥12.00 | 0.505% |
| 4 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥10.00 | 0.311% |
| 5 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥6.25 | 0.680% |
FAQ
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