SODA NIKKA CO.,LTD. Stock Forecast
Green day on Friday for SODA NIKKA CO.,LTD.
(Updated on Jun 28, 2024)
The SODA NIKKA CO.,LTD. stock price gained 0.80% on the last trading day (Friday, 28th Jun 2024), rising from JP¥1,119.00 to JP¥1,128.00. During the last trading day the stock fluctuated 1.71% from a day low at JP¥1,109.00 to a day high of JP¥1,128.00. The price has been going up and down for this period, and there has been a -0.62% loss for the last 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 23 thousand shares were bought and sold for approximately JP¥26.28 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 the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at JP¥1,153.19 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.11% during the next 3 months and, with a 90% probability hold a price between JP¥988.29 and JP¥1,128.87 at the end of this 3-month period.
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8158.T Signals & Forecast
The SODA NIKKA CO.,LTD. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥1,124.00 and JP¥1,083.71. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. 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. A sell signal was issued from a pivot top point on Wednesday, June 19, 2024, and so far it has fallen -2.42%. Further fall is indicated until a new bottom pivot has been found. The stock had a Golden Star Signal on Tuesday, July 18, 2023 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 Tuesday, July 18, 2023 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 SODA NIKKA CO.,LTD. stock
SODA NIKKA CO.,LTD. finds support from accumulated volume at JP¥1,122.00 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¥19.00 between high and low, or 1.71%. For the last week, the stock has had daily average volatility of 3.41%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8158.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect SODA NIKKA CO.,LTD. to open at JP¥1,121.67, and during the day (based on 14 day Average True Range), to move between JP¥1,098.22 and JP¥1,157.78, which gives a possible trading interval of +/-JP¥29.78 (+/-2.64%) up or down from last closing price. If SODA NIKKA CO.,LTD. takes out the full calculated possible swing range there will be an estimated 5.28% 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¥1,122.00 (0.53%) than the resistance at JP¥1,135.00 (0.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SODA NIKKA CO.,LTD. stock A Buy?
SODA NIKKA CO.,LTD. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -1.679 Sell Candidate Unchanged
Predicted Opening Price for SODA NIKKA CO.,LTD. of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥1,121.67 ( 0.561%) | JP¥1,128.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8158.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,140.67 | 1.12% |
| R2 | 1,133.41 | 0.479% |
| R1 | 1,128.92 | 0.0820% |
| Price | 1,128.00 | |
| S1 | 1,114.41 | -1.20% |
| S2 | 1,109.92 | -1.60% |
| S3 | 1,102.67 | -2.25% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,152.00 | 2.13% |
| R2 | 1,136.00 | 0.709% |
| R1 | 1,135.00 | 0.621% |
| Price | 1,128.00 | |
| S1 | 1,122.00 | -0.532% |
| S2 | 1,107.00 | -1.86% |
| S3 | 1,092.00 | -3.19% |
8158 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Jun 26, 2024 | JP¥15.00 | 1.35% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥14.00 | 1.35% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥14.00 | 1.79% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥13.00 | 2.19% |
FAQ
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