KOSAIDO Co.,Ltd. Stock Forecast
KOSAIDO Co.,Ltd. stock price ended at JP¥610.00 on Friday, after losing 0%.
(Updated on May 17, 2024)
No changes to the price of KOSAIDO Co.,Ltd. stock on the last trading day (Friday, 17th May 2024). During the last trading day the stock fluctuated 3.32% from a day low at JP¥602.00 to a day high of JP¥622.00. The price has fallen in 5 of the last 10 days and is down by -14.33% for this period.
The stock has broken the very wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at JP¥610.76. A reaction back to this level may hold a second chance to get out before further falls.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
7868.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has fallen 0%. 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 KOSAIDO Co.,Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at JP¥687.86 and JP¥681.06. 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 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.
Support, Risk & Stop-loss for KOSAIDO Co.,Ltd. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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¥20.00 between high and low, or 3.32%. For the last week, the stock has had daily average volatility of 4.97%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (7868.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect KOSAIDO Co.,Ltd. to open at JP¥611.33, and during the day (based on 14 day Average True Range), to move between JP¥580.77 and JP¥639.23, which gives a possible trading interval of +/-JP¥29.23 (+/-4.79%) up or down from last closing price. If KOSAIDO Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 9.58% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥625.00, some JP¥15.00 (2.46%) from the current price of JP¥610.00, our system finds the risk reward not very attractive.
Is KOSAIDO Co.,Ltd. stock A Buy?
The KOSAIDO Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe KOSAIDO Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.492 Sell Candidate Unchanged
Predicted Opening Price for KOSAIDO Co.,Ltd. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥611.33 ( 0.219%) | JP¥610.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 7868.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 631.33 | 3.50 % | |
| R2 | 623.69 | 2.24 % | ||
| R1 | 618.97 | 1.47 % | ||
| Current price: | 610.00 | |||
| Support | S1 | 603.69 | -1.03 % | |
| S2 | 598.97 | -1.81 % | ||
| S3 | 591.33 | -3.06 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 700.00 | 14.75 % | |
| R2 | 655.00 | 7.38 % | ||
| R1 | 625.00 | 2.46 % | ||
| Current price | 610.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
7868 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥26.30 | 4.24% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥13.50 | 2.96% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥7.75 | 2.74% |
| 5 | Mar 27, 2019 | Mar 27, 2019 | Mar 27, 2019 | JP¥3.00 | 1.87% |
FAQ
Click here for our free guide on how to buy KOSAIDO Co.,Ltd. Stock.
