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AI Analysis of 8022.T
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Mizuno Corporation stock price down 1.61% on Monday
(Updated on Jun 24, 2024)

Buy or Hold candidate since Feb 13, 2024 Gain 52.20% PDF

The Mizuno Corporation stock price fell by -1.61% on the last day (Monday, 24th Jun 2024) from JP¥8,090.00 to JP¥7,960.00. During the last trading day the stock fluctuated 3.05% from a day low at JP¥7,870.00 to a day high of JP¥8,110.00. The price has fallen in 5 of the last 10 days and is down by -5.69% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -108 thousand shares and in total, 133 thousand shares were bought and sold for approximately JP¥1.06 billion.

Given the current short-term trend, the stock is expected to rise 27.94% during the next 3 months and, with a 90% probability hold a price between JP¥10,184.18 and JP¥11,387.89 at the end of this 3-month period.

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8022.T Signals & Forecast

The Mizuno Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥8,178.57. On a fall, the stock will find some support from the long-term average at approximately JP¥7,956.29. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -7.98%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Mizuno Corporation stock

Mizuno Corporation finds support from accumulated volume at JP¥7,570.00 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¥240.00 between high and low, or 3.05%. For the last week, the stock has had daily average volatility of 3.22%.

Our recommended stop-loss: JP¥7,592.36 (-4.62%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (8022.T) For The Upcoming Trading Day Of Tuesday 25th

For the upcoming trading day on Tuesday, 25th we expect Mizuno Corporation to open at JP¥7,980.00, and during the day (based on 14 day Average True Range), to move between JP¥7,704.82 and JP¥8,215.18, which gives a possible trading interval of +/-JP¥255.18 (+/-3.21%) up or down from last closing price. If Mizuno Corporation takes out the full calculated possible swing range there will be an estimated 6.41% 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¥8,090.00 (1.63%) than the support at JP¥7,570.00 (4.90%), 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 Mizuno Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Mizuno Corporation stock to perform well in the short-term.

Current score: 1.371 Buy Candidate Unchanged

Predicted Opening Price for Mizuno Corporation of Tuesday, June 25, 2024

Fair opening price June 25, 2024 Current price
JP¥7,980.00 ( 0.251%) JP¥7,960.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 8022.T

Fibonacci Support & Resistance Levels

Level Price
R3 8,220.00 3.27%
R2 8,128.32 2.11%
R1 8,071.68 1.40%
Price 7,960.00
S1 7,888.32 -0.90%
S2 7,831.68 -1.61%
S3 7,740.00 -2.76%

Accumulated Volume Support & Resistance Levels

Level Price
R3 8,180.00 2.76%
R2 8,150.00 2.39%
R1 8,090.00 1.63%
Price 7,960.00
S1 7,570.00 -4.90%
S2 7,360.00 -7.54%
S3 7,020.00 -11.81%

8022 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 27, 2024 Sep 27, 2024 Sep 27, 2024 JP¥0 0%
2 Mar 28, 2024 Mar 28, 2024 Jun 24, 2024 JP¥85.00 1.08%
3 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 JP¥35.00 0.742%
4 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥40.00 1.29%
5 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥30.00 1.14%

FAQ

What is the symbol for Mizuno Corporation Stock and on which exchange is it traded?
The symbol for Mizuno Corporation is 8022.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Mizuno Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Mizuno Corporation stock to perform well in the short-term.

How to buy Mizuno Corporation Stock?
Mizuno Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Mizuno Corporation Stock.

What's the current price of Mizuno Corporation Stock?
As of the end of day on the Jun 24, 2024, the price of an Mizuno Corporation (8022.T) share was JP¥7,960.00.

What is the 52-week high and low for Mizuno Corporation Stock?
The 52-week high for Mizuno Corporation Stock is JP¥8,790.00 and the 52-week low is JP¥3,475.00.

What is the market capitalization of Mizuno Corporation Stock?
As of the Jun 24, 2024, the market capitalization of Mizuno Corporation is 203.546B.

When is the next earnings date for Mizuno Corporation?
The upcoming earnings date for Mizuno Corporation is Aug 06, 2024.
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About Mizuno Corporation

Mizuno Mizuno Corporation manufactures and sells sports products in Japan, Europe, the Americas, the rest of Asia, and Oceania. The company offers baseball products, sportswear, sports shoes, and golf products; and equipment related to the operation of sports facilities. Mizuno Corporation was founded in 1906 and is headquartered in Osaka, Japan.... 8022.T Profile

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