TSUKAMOTO CORPORATION CO.,LTD. Stock Forecast
TSUKAMOTO CORPORATION CO.,LTD. stock price took a fall of -5.58% on Thursday
(Updated on Mar 28, 2024)
The TSUKAMOTO CORPORATION CO.,LTD. stock price fell by -5.58% on the last day (Thursday, 28th Mar 2024) from JP¥1,363.00 to JP¥1,287.00. During the last trading day the stock fluctuated 2.80% from a day low at JP¥1,287.00 to a day high of JP¥1,323.00. The price has risen in 7 of the last 10 days but is still down by -0.31% 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 -5 thousand shares and in total, 9 thousand shares were bought and sold for approximately JP¥12.10 million.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥1,282.49 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.98% during the next 3 months and, with a 90% probability hold a price between JP¥1,423.35 and JP¥1,532.23 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
8025.T Signals & Forecast
The TSUKAMOTO CORPORATION CO.,LTD. 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¥1,346.00. On a fall, the stock will find some support from the long-term average at approximately JP¥1,286.54. 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. 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. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -6.13%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, February 01, 2024 in the long-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 12 Months
The stock had a Golden Star Signal on Thursday, February 01, 2024 in the long-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 TSUKAMOTO CORPORATION CO.,LTD. stock
TSUKAMOTO CORPORATION CO.,LTD. finds support from accumulated volume at JP¥1,267.00 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¥36.00 between high and low, or 2.80%. For the last week, the stock has had daily average volatility of 1.75%.
Our recommended stop-loss: JP¥1,210.29 (-5.96%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (8025.T) For The Upcoming Trading Day Of Friday 29th
For the upcoming trading day on Friday, 29th we expect TSUKAMOTO CORPORATION CO.,LTD. to open at JP¥1,299.00, and during the day (based on 14 day Average True Range), to move between JP¥1,264.35 and JP¥1,309.65, which gives a possible trading interval of +/-JP¥22.65 (+/-1.76%) up or down from last closing price. If TSUKAMOTO CORPORATION CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥1,267.00 (1.55%) than the resistance at JP¥1,355.00 (5.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is TSUKAMOTO CORPORATION CO.,LTD. stock A Buy?
TSUKAMOTO CORPORATION 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.571 Hold/Accumulate Downgraded
Predicted Opening Price for TSUKAMOTO CORPORATION CO.,LTD. of Friday, March 29, 2024
Fair opening price March 29, 2024 | Current price |
---|---|
JP¥1,299.00 ( 0.93%) | JP¥1,287.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8025.T
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,335.00 | 3.73 % | |
R2 | 1,321.25 | 2.66 % | ||
R1 | 1,312.75 | 2.00 % | ||
Current price: | 1,287.00 | |||
Support | S1 | 1,285.25 | -0.136 % | |
S2 | 1,276.75 | -0.796 % | ||
S3 | 1,263.00 | -1.86 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,370.00 | 6.45 % | |
R2 | 1,363.00 | 5.91 % | ||
R1 | 1,355.00 | 5.28 % | ||
Current price | 1,287.00 | |||
Support | S1 | 1,267.00 | -1.55% | |
S2 | 1,241.00 | -3.57% | ||
S3 | 1,189.00 | -7.61% |
8025 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥30.00 | 1.81% |
3 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥30.00 | 2.31% |
4 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥30.00 | 1.98% |
5 | Mar 30, 2020 | Mar 30, 2020 | Mar 30, 2020 | JP¥10.00 | 0.94% |
FAQ
Click here for our free guide on how to buy TSUKAMOTO CORPORATION CO.,LTD. Stock.