TRANSACTION CO.,Ltd. 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
Green day on Monday for TRANSACTION CO.,Ltd.
(Updated on May 20, 2024)
The TRANSACTION CO.,Ltd. stock price gained 0.88% on the last trading day (Monday, 20th May 2024), rising from JP¥1,928.00 to JP¥1,945.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.04% from a day low at JP¥1,911.00 to a day high of JP¥1,950.00. The price has risen in 7 of the last 10 days and is up by 8.36% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 33 thousand more shares were traded than the day before. In total, 70 thousand shares were bought and sold for approximately JP¥136.73 million.
Given the current short-term trend, the stock is expected to fall -28.30% during the next 3 months and, with a 90% probability hold a price between JP¥1,026.67 and JP¥1,394.65 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 16.47%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. 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 a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥1,955.49. On a fall, the stock will find some support from the short-term average at JP¥1,895.14. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for TRANSACTION CO.,Ltd. stock
TRANSACTION CO.,Ltd. finds support from accumulated volume at JP¥1,915.00 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¥39.00 between high and low, or 2.04%. For the last week, the stock has had daily average volatility of 2.01%.
Our recommended stop-loss: JP¥1,874.98 (-3.60%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 60 days ago.)
Trading Expectations (7818.T) For The Upcoming Trading Day Of Tuesday 21st
For the upcoming trading day on Tuesday, 21st we expect TRANSACTION CO.,Ltd. to open at JP¥1,935.33, and during the day (based on 14 day Average True Range), to move between JP¥1,890.14 and JP¥1,999.86, which gives a possible trading interval of +/-JP¥54.86 (+/-2.82%) up or down from last closing price. If TRANSACTION CO.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.64% 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¥1,970.00 (1.29%) than the support at JP¥1,915.00 (1.54%), 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 positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.759 Hold/Accumulate Unchanged
Predicted Opening Price for TRANSACTION CO.,Ltd. of Tuesday, May 21, 2024
| Fair opening price May 21, 2024 | Current price |
|---|---|
| JP¥1,935.33 ( 0.497%) | JP¥1,945.00 |
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 | 1,974.33 | 1.51 % | |
| R2 | 1,959.44 | 0.742 % | ||
| R1 | 1,950.23 | 0.269 % | ||
| Current price: | 1,945.00 | |||
| Support | S1 | 1,920.44 | -1.26 % | |
| S2 | 1,911.23 | -1.74 % | ||
| S3 | 1,896.33 | -2.50 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,417.00 | 24.27 % | |
| R2 | 2,408.00 | 23.80 % | ||
| R1 | 1,970.00 | 1.29 % | ||
| Current price | 1,945.00 | |||
| Support | S1 | 1,915.00 | -1.54% | |
| S2 | 1,828.00 | -6.02% | ||
| S3 | 1,776.00 | -8.69% |
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% |
FAQ
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