Taka-Q Co.,Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Taka-Q Co.,Ltd. stock price ended at JP¥87.00 on Thursday, after losing 0%.
(Updated on May 02, 2024)
No changes to the price of Taka-Q Co.,Ltd. stock on the last trading day (Thursday, 2nd May 2024). During the last trading day the stock fluctuated 2.35% from a day low at JP¥85.00 to a day high of JP¥87.00. The price has fallen in 6 of the last 10 days and is down by -16.35% for this period.
Given the current short-term trend, the stock is expected to rise 51.47% during the next 3 months and, with a 90% probability hold a price between JP¥131.78 and JP¥223.83 at the end of this 3-month period.
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8166.T Signals & Forecast
There are few to no technical positive signals at the moment. The Taka-Q 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¥92.86 and JP¥93.83. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, April 10, 2024, and so far it has fallen -35.56%. 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 fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.
Support, Risk & Stop-loss for Taka-Q Co.,Ltd. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥68.00 and JP¥67.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Taka-Q Co.,Ltd. finds support just below today's level at JP¥68.00. If this is broken, then the next support from accumulated volume will be at JP¥67.00 and JP¥66.00.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved JP¥2.00 between high and low, or 2.35%. For the last week, the stock has had daily average volatility of 4.02%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8166.T) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect Taka-Q Co.,Ltd. to open at JP¥86.33, and during the day (based on 14 day Average True Range), to move between JP¥77.48 and JP¥96.52, which gives a possible trading interval of +/-JP¥9.52 (+/-10.95%) up or down from last closing price. If Taka-Q Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 21.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at JP¥91.00 (4.60%) than the support at JP¥68.00 (21.84%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Taka-Q Co.,Ltd. stock A Buy?
The Taka-Q Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Taka-Q Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.829 Sell Candidate Unchanged
Predicted Opening Price for Taka-Q Co.,Ltd. of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| JP¥86.33 ( 0.766%) | JP¥87.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8166.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 88.33 | 1.53 % | |
| R2 | 87.57 | 0.654 % | ||
| R1 | 87.10 | 0.112 % | ||
| Current price: | 87.00 | |||
| Support | S1 | 85.57 | -1.64 % | |
| S2 | 85.10 | -2.19 % | ||
| S3 | 84.33 | -3.07 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 107.00 | 22.99 % | |
| R2 | 106.00 | 21.84 % | ||
| R1 | 91.00 | 4.60 % | ||
| Current price | 87.00 | |||
| Support | S1 | 68.00 | -21.84% | |
| S2 | 67.00 | -22.99% | ||
| S3 | 66.00 | -24.14% |
8166 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2020 | Feb 27, 2020 | Feb 27, 2020 | JP¥2.00 | 1.27% |
| 2 | Feb 26, 2019 | Feb 26, 2019 | Feb 26, 2019 | JP¥3.00 | 1.69% |
| 3 | Feb 26, 2018 | Feb 26, 2018 | Feb 26, 2018 | JP¥3.00 | 1.38% |
| 4 | Feb 24, 2017 | Feb 24, 2017 | Feb 24, 2017 | JP¥3.00 | 1.46% |
| 5 | Feb 25, 2016 | Feb 25, 2016 | Feb 25, 2016 | JP¥2.00 | 1.15% |
FAQ
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