TOKYO SOIR CO.,LTD. Stock Forecast
TOKYO SOIR CO.,LTD. stock price up 0.339% on Tuesday
(Updated on May 07, 2024)
The TOKYO SOIR CO.,LTD. stock price gained 0.339% on the last trading day (Tuesday, 7th May 2024), rising from JP¥885.00 to JP¥888.00. During the last trading day the stock fluctuated 1.13% from a day low at JP¥887.00 to a day high of JP¥897.00. The price has risen in 6 of the last 10 days and is up by 0.11% over the past 2 weeks. Volume fell on the last day by -300 shares and in total, 2 thousand shares were bought and sold for approximately JP¥1.42 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.44% during the next 3 months and, with a 90% probability hold a price between JP¥907.43 and JP¥943.87 at the end of this 3-month period.
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8040.T Signals & Forecast
The TOKYO SOIR 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¥889.71. On a fall, the stock will find some support from the long-term average at approximately JP¥886.14. 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 Friday, April 12, 2024, and so far it has fallen -1.88%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for TOKYO SOIR CO.,LTD. stock
TOKYO SOIR CO.,LTD. finds support from accumulated volume at JP¥887.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved JP¥10.00 between high and low, or 1.13%. For the last week the stock has had daily average volatility of 1.43%
Our recommended stop-loss: JP¥852.96 (-3.95%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (8040.T) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect TOKYO SOIR CO.,LTD. to open at JP¥890.67, and during the day (based on 14 day Average True Range), to move between JP¥876.78 and JP¥899.22, which gives a possible trading interval of +/-JP¥11.22 (+/-1.26%) up or down from last closing price. If TOKYO SOIR CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.53% 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¥887.00 (0.11%) than the resistance at JP¥893.00 (0.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
TOKYO SOIR CO.,LTD. will release earnings BMO on Monday, May 13, 2024. We will update the financials statements for TOKYO SOIR CO.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 3.53% in the first trading day after earnings release.
Is TOKYO SOIR CO.,LTD. stock A Buy?
TOKYO SOIR CO.,LTD. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.596 Hold/Accumulate Unchanged
Predicted Opening Price for TOKYO SOIR CO.,LTD. of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| JP¥890.67 ( 0.300%) | JP¥888.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8040.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 900.67 | 1.43 % | |
| R2 | 896.85 | 1.00 % | ||
| R1 | 894.49 | 0.730 % | ||
| Current price: | 888.00 | |||
| Support | S1 | 886.85 | -0.130 % | |
| S2 | 884.49 | -0.396 % | ||
| S3 | 880.67 | -0.83 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 897.00 | 1.01 % | |
| R2 | 895.00 | 0.788 % | ||
| R1 | 893.00 | 0.563 % | ||
| Current price | 888.00 | |||
| Support | S1 | 887.00 | -0.113% | |
| S2 | 870.00 | -2.03% | ||
| S3 | 849.00 | -4.39% |
8040 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2024 | Dec 27, 2024 | Dec 27, 2024 | JP¥0 | 0% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | JP¥0 | 0% |
| 3 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥20.00 | 2.52% |
| 4 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥15.00 | 4.00% |
| 5 | Jun 29, 2020 | Jun 29, 2020 | Jun 29, 2020 | JP¥15.00 | 2.44% |
FAQ
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