SENSHUKAI CO.,LTD. Stock Forecast
Green day on Thursday for SENSHUKAI CO.,LTD.
(Updated on May 09, 2024)
The SENSHUKAI CO.,LTD. stock price gained 0.635% on the last trading day (Thursday, 9th May 2024), rising from JP¥315.00 to JP¥317.00. During the last trading day the stock fluctuated 0.96% from a day low at JP¥314.00 to a day high of JP¥317.00. The price has risen in 7 of the last 10 days and is up by 2.26% over the past 2 weeks. Volume fell on the last day by -17 thousand shares and in total, 40 thousand shares were bought and sold for approximately JP¥12.62 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 strong 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 10.46% during the next 3 months and, with a 90% probability hold a price between JP¥335.36 and JP¥357.02 at the end of this 3-month period.
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8165.T Signals & Forecast
Mostly positive signals in the chart today. The SENSHUKAI 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¥314.29 and JP¥306.49. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 13.21%. Further rise is indicated until a new top pivot has been found. 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.
Support, Risk & Stop-loss for SENSHUKAI CO.,LTD. stock
SENSHUKAI CO.,LTD. finds support from accumulated volume at JP¥306.00 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¥3.00 between high and low, or 0.96%. For the last week the stock has had daily average volatility of 0.89%.
Our recommended stop-loss: JP¥306.92 (-3.18%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 44 days ago.)
Trading Expectations (8165.T) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect SENSHUKAI CO.,LTD. to open at JP¥316.00, and during the day (based on 14 day Average True Range), to move between JP¥312.89 and JP¥321.11, which gives a possible trading interval of +/-JP¥4.11 (+/-1.30%) up or down from last closing price. If SENSHUKAI CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.59% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥306.00, some JP¥11.00 (3.47%) from the current price of JP¥317.00, our system finds the risk reward attractive.
Earnings coming up
SENSHUKAI CO.,LTD. will release earnings BMO on Friday, May 10, 2024. We will update the financials statements for SENSHUKAI CO.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 0.98% in the first trading day after earnings release.
Is SENSHUKAI CO.,LTD. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SENSHUKAI CO.,LTD. stock to perform well in the short-term.
Current score: 4.810 Buy Candidate Unchanged
Predicted Opening Price for SENSHUKAI CO.,LTD. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| JP¥316.00 ( 0.315%) | JP¥317.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8165.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 319.00 | 0.631 % | |
| R2 | 317.85 | 0.269 % | ||
| R1 | 317.15 | 0.0461 % | ||
| Current price: | 317.00 | |||
| Support | S1 | 314.85 | -0.677 % | |
| S2 | 314.15 | -0.90 % | ||
| S3 | 313.00 | -1.26 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 317.00 | |||
| Support | S1 | 306.00 | -3.47% | |
| S2 | 297.00 | -6.31% | ||
| S3 | 288.00 | -9.15% |
8165 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥4.00 | 1.02% |
| 2 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥3.00 | 0.759% |
| 3 | Dec 29, 2021 | Dec 29, 2021 | Dec 29, 2021 | JP¥4.00 | 1.01% |
| 4 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | JP¥3.00 | 0.785% |
| 5 | Dec 29, 2020 | Dec 29, 2020 | Dec 29, 2020 | JP¥2.00 | 0.615% |
FAQ
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