Totenko Co.,Ltd. Stock Forecast
Totenko Co.,Ltd. stock price up 0.328% on Wednesday
(Updated on Jul 03, 2024)
The Totenko Co.,Ltd. stock price gained 0.328% on the last trading day (Wednesday, 3rd Jul 2024), rising from JP¥914.00 to JP¥917.00. During the last trading day the stock fluctuated 0.767% from a day low at JP¥913.00 to a day high of JP¥920.00. The price has risen in 5 of the last 10 days and is up by 0.99% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately JP¥4.68 million.
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Totenko Co.,Ltd. stock with a 90% probability to be traded between JP¥858.80 and JP¥1,004.87 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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8181.T Signals & Forecast
Mostly positive signals in the chart today. The Totenko 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¥911.71 and JP¥908.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 2.92%. 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 is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Tuesday, June 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 26, 2023.
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
The stock had a Golden Star Signal on Tuesday, June 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 26, 2023.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, June 25, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 26, 2023.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 Totenko Co.,Ltd. stock
Totenko Co.,Ltd. finds support from accumulated volume at JP¥910.00 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¥7.00 between high and low, or 0.767%. For the last week the stock has had daily average volatility of 0.88%.
Our recommended stop-loss: JP¥883.29 (-3.68%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 54 days ago.)
Trading Expectations (8181.T) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Totenko Co.,Ltd. to open at JP¥916.67, and during the day (based on 14 day Average True Range), to move between JP¥907.65 and JP¥926.35, which gives a possible trading interval of +/-JP¥9.35 (+/-1.02%) up or down from last closing price. If Totenko Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 2.04% 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¥910.00 (0.76%) than the resistance at JP¥941.00 (2.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Totenko Co.,Ltd. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Totenko Co.,Ltd. stock to perform well in the short-term period.
Current score: 3.655 Buy Candidate Unchanged
Predicted Opening Price for Totenko Co.,Ltd. of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| JP¥916.67 ( 0.0364%) | JP¥917.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8181.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 923.67 | 0.727% |
| R2 | 920.99 | 0.435% |
| R1 | 919.34 | 0.255% |
| Price | 917.00 | |
| S1 | 913.99 | -0.328% |
| S2 | 912.34 | -0.508% |
| S3 | 909.67 | -0.800% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,043.00 | 13.74% |
| R2 | 951.00 | 3.71% |
| R1 | 941.00 | 2.62% |
| Price | 917.00 | |
| S1 | 910.00 | -0.763% |
| S2 | 903.00 | -1.53% |
| S3 | 895.00 | -2.40% |
8181 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 27, 2020 | Feb 27, 2020 | Feb 27, 2020 | JP¥10.00 | 0.87% |
| 2 | Feb 26, 2019 | Feb 26, 2019 | Feb 26, 2019 | JP¥10.00 | 0.776% |
| 3 | Feb 26, 2018 | Feb 26, 2018 | Feb 26, 2018 | JP¥10.00 | 0.535% |
| 4 | Feb 24, 2011 | Feb 24, 2011 | Feb 24, 2011 | JP¥20.00 | 1.39% |
| 5 | Feb 26, 2008 | Feb 26, 2008 | Feb 26, 2008 | JP¥20.00 | 1.03% |
FAQ
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