GOLDWIN INC. Stock Forecast
GOLDWIN INC. stock price down 0.90% on Monday
(Updated on Apr 15, 2024)
The GOLDWIN INC. stock price fell by -0.90% on the last day (Monday, 15th Apr 2024) from JP¥9,350.00 to JP¥9,266.00. During the last trading day the stock fluctuated 1.72% from a day low at JP¥9,152.00 to a day high of JP¥9,309.00. The price has fallen in 7 of the last 10 days and is down by -4.8% 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 -69 thousand shares and in total, 87 thousand shares were bought and sold for approximately JP¥809.85 million.
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 -2.60% during the next 3 months and, with a 90% probability hold a price between JP¥8,282.50 and JP¥9,672.62 at the end of this 3-month period.
8111.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 10, 2024, and so far it has risen 2.21%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The GOLDWIN INC. 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¥9,339.57 and JP¥9,480.34. 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). 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 GOLDWIN INC. stock
GOLDWIN INC. finds support from accumulated volume at JP¥9,262.00 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¥157.00 between high and low, or 1.72%. For the last week, the stock has had daily average volatility of 2.77%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8111.T) For The Upcoming Trading Day Of Tuesday 16th
For the upcoming trading day on Tuesday, 16th we expect GOLDWIN INC. to open at JP¥9,242.33, and during the day (based on 14 day Average True Range), to move between JP¥9,002.06 and JP¥9,529.94, which gives a possible trading interval of +/-JP¥263.94 (+/-2.85%) up or down from last closing price. If GOLDWIN INC. takes out the full calculated possible swing range there will be an estimated 5.70% 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¥9,262.00 (0.04%) than the resistance at JP¥9,427.00 (1.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is GOLDWIN INC. stock A Buy?
GOLDWIN INC. 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: -2.112 Sell Candidate Unchanged
Predicted Opening Price for GOLDWIN INC. of Tuesday, April 16, 2024
| Fair opening price April 16, 2024 | Current price |
|---|---|
| JP¥9,242.33 ( 0.255%) | JP¥9,266.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8111.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9,399.33 | 1.44 % | |
| R2 | 9,339.36 | 0.792 % | ||
| R1 | 9,302.31 | 0.392 % | ||
| Current price: | 9,266.00 | |||
| Support | S1 | 9,182.36 | -0.90 % | |
| S2 | 9,145.31 | -1.30 % | ||
| S3 | 9,085.33 | -1.95 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 9,970.00 | 7.60 % | |
| R2 | 9,725.00 | 4.95 % | ||
| R1 | 9,427.00 | 1.74 % | ||
| Current price | 9,266.00 | |||
| Support | S1 | 9,262.00 | -0.0432% | |
| S2 | 8,935.00 | -3.57% | ||
| S3 | 8,677.00 | -6.36% |
8111 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¥85.00 | 0.692% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥25.00 | 0.316% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥65.00 | 1.02% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥20.00 | 0.281% |
FAQ
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