KIMURATAN CORPORATION Stock Forecast
KIMURATAN CORPORATION stock price down 0% on Friday
(Updated on Jun 14, 2024)
No changes to the price of KIMURATAN CORPORATION stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 5.88% from a day low at JP¥17.00 to a day high of JP¥18.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.56% during the next 3 months and, with a 90% probability hold a price between JP¥15.51 and JP¥17.07 at the end of this 3-month period.
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8107.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The KIMURATAN CORPORATION 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¥17.00 and JP¥17.23. 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).
Support, Risk & Stop-loss for KIMURATAN CORPORATION 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¥1.00 between high and low, or 5.88%. For the last week, the stock has had daily average volatility of 5.88%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8107.T) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect KIMURATAN CORPORATION to open at JP¥17.33, and during the day (based on 14 day Average True Range), to move between JP¥15.82 and JP¥18.18, which gives a possible trading interval of +/-JP¥1.18 (+/-6.93%) up or down from last closing price. If KIMURATAN CORPORATION takes out the full calculated possible swing range there will be an estimated 13.86% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥18.00, some JP¥1.00 (5.88%) from the current price of JP¥17.00, our system finds the risk reward not very attractive.
Is KIMURATAN CORPORATION stock A Buy?
KIMURATAN CORPORATION holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -1.980 Sell Candidate Unchanged
Predicted Opening Price for KIMURATAN CORPORATION of Monday, June 17, 2024
Fair opening price June 17, 2024 | Current price |
---|---|
JP¥17.33 ( 1.96%) | JP¥17.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8107.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 18.33 | 7.84% |
R2 | 17.95 | 5.60% |
R1 | 17.72 | 4.21% |
Price | 17.00 | |
S1 | 16.95 | -0.286% |
S2 | 16.72 | -1.67% |
S3 | 16.33 | -3.92% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 18.00 | 5.88% |
Price | 17.00 | |
S1 | 0 | - |
S2 | 0 | - |
S3 | 0 | - |
FAQ
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