TRANSACTION CO.,Ltd. Stock Forecast
Red day on Friday for TRANSACTION CO.,Ltd.
(Updated on Apr 26, 2024)
The TRANSACTION CO.,Ltd. stock price fell by -2.12% on the last day (Friday, 26th Apr 2024) from JP¥1,843.00 to JP¥1,804.00. During the last trading day the stock fluctuated 3.02% from a day low at JP¥1,786.00 to a day high of JP¥1,840.00. The price has fallen in 6 of the last 10 days and is down by -14.74% for this period. Volume has increased on the last day by 30 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 154 thousand shares were bought and sold for approximately JP¥277.82 million.
The stock lies in the middle of a very 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 -26.13% during the next 3 months and, with a 90% probability hold a price between JP¥1,189.94 and JP¥1,503.75 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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7818.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 8.02%. 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 TRANSACTION 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¥1,816.71 and JP¥2,129.14. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for TRANSACTION CO.,Ltd. stock
TRANSACTION CO.,Ltd. finds support from accumulated volume at JP¥1,776.00 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¥54.00 between high and low, or 3.02%. For the last week, the stock has had daily average volatility of 3.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7818.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect TRANSACTION CO.,Ltd. to open at JP¥1,810.00, and during the day (based on 14 day Average True Range), to move between JP¥1,726.08 and JP¥1,881.92, which gives a possible trading interval of +/-JP¥77.92 (+/-4.32%) up or down from last closing price. If TRANSACTION CO.,Ltd. takes out the full calculated possible swing range there will be an estimated 8.64% 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¥1,828.00 (1.33%) than the support at JP¥1,776.00 (1.55%), 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 TRANSACTION CO.,Ltd. stock A Buy?
TRANSACTION CO.,Ltd. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.872 Sell Candidate Unchanged
Predicted Opening Price for TRANSACTION CO.,Ltd. of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥1,810.00 ( 0.333%) | JP¥1,804.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7818.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,864.00 | 3.33 % | |
| R2 | 1,843.37 | 2.18 % | ||
| R1 | 1,830.63 | 1.48 % | ||
| Current price: | 1,804.00 | |||
| Support | S1 | 1,789.37 | -0.81 % | |
| S2 | 1,776.63 | -1.52 % | ||
| S3 | 1,756.00 | -2.66 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,970.00 | 9.20 % | |
| R2 | 1,915.00 | 6.15 % | ||
| R1 | 1,828.00 | 1.33 % | ||
| Current price | 1,804.00 | |||
| Support | S1 | 1,776.00 | -1.55% | |
| S2 | 1,722.00 | -4.55% | ||
| S3 | 1,701.00 | -5.71% |
7818 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¥32.00 | 1.70% |
| 3 | Aug 30, 2022 | Aug 30, 2022 | Aug 30, 2022 | JP¥25.00 | 2.33% |
| 4 | Aug 30, 2021 | Aug 30, 2021 | Aug 30, 2021 | JP¥19.00 | 1.74% |
| 5 | Aug 28, 2020 | Aug 28, 2020 | Aug 28, 2020 | JP¥18.00 | 1.66% |
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