TOKYO SOIR CO.,LTD. Stock Forecast
Red day on Friday for TOKYO SOIR CO.,LTD. stock after losing 1.69%
(Updated on May 17, 2024)
The TOKYO SOIR CO.,LTD. stock price fell by -1.69% on the last day (Friday, 17th May 2024) from JP¥887.00 to JP¥872.00. During the last trading day the stock fluctuated 1.72% from a day low at JP¥872.00 to a day high of JP¥887.00. The price has fallen in 5 of the last 10 days and is down by -2.68% for this period. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 thousand shares were bought and sold for approximately JP¥2.79 million.
Given the current short-term trend, the stock is expected to rise 2.97% during the next 3 months and, with a 90% probability hold a price between JP¥897.90 and JP¥942.01 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.
8040.T Signals & Forecast
There are few to no technical positive signals at the moment. The TOKYO SOIR CO.,LTD. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥884.57 and JP¥888.57. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -3.65%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for TOKYO SOIR CO.,LTD. stock
TOKYO SOIR CO.,LTD. finds support from accumulated volume at JP¥871.00 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥15.00 between high and low, or 1.72%. For the last week the stock has had daily average volatility of 1.00%.
Our recommended stop-loss: JP¥842.13 (-3.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (8040.T) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect TOKYO SOIR CO.,LTD. to open at JP¥877.00, and during the day (based on 14 day Average True Range), to move between JP¥861.65 and JP¥882.35, which gives a possible trading interval of +/-JP¥10.35 (+/-1.19%) 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 2.37% 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¥871.00 (0.11%) than the resistance at JP¥881.00 (1.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
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: -0.750 Hold/Accumulate Unchanged
Predicted Opening Price for TOKYO SOIR CO.,LTD. of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| JP¥877.00 ( 0.573%) | JP¥872.00 |
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 | 892.00 | 2.29 % | |
| R2 | 886.27 | 1.64 % | ||
| R1 | 882.73 | 1.23 % | ||
| Current price: | 872.00 | |||
| Support | S1 | 871.27 | -0.0837 % | |
| S2 | 867.73 | -0.490 % | ||
| S3 | 862.00 | -1.15 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 895.00 | 2.64 % | |
| R2 | 893.00 | 2.41 % | ||
| R1 | 881.00 | 1.03 % | ||
| Current price | 872.00 | |||
| Support | S1 | 871.00 | -0.115% | |
| S2 | 870.00 | -0.229% | ||
| S3 | 857.00 | -1.72% |
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
Click here for our free guide on how to buy TOKYO SOIR CO.,LTD. Stock.
