HASEGAWA CO.,LTD. Stock Forecast
HASEGAWA CO.,LTD. stock price ended at JP¥341.00 on Friday, after losing 0.292%.
(Updated on Apr 19, 2024)
The HASEGAWA CO.,LTD. stock price fell by -0.292% on the last day (Friday, 19th Apr 2024) from JP¥342.00 to JP¥341.00. During the last trading day the stock fluctuated 1.47% from a day low at JP¥340.00 to a day high of JP¥345.00. The price has fallen in 6 of the last 10 days and is down by -1.16% for this period. Volume has increased on the last day by 18 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 27 thousand shares were bought and sold for approximately JP¥9.14 million.
The stock lies the upper part of a 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¥343.07 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 -6.77% during the next 3 months and, with a 90% probability hold a price between JP¥299.28 and JP¥319.83 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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8230.T Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The HASEGAWA 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¥343.86 and JP¥348.11. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 22, 2024, and so far it has fallen -5.01%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for HASEGAWA CO.,LTD. stock
HASEGAWA CO.,LTD. finds support from accumulated volume at JP¥339.00 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¥5.00 between high and low, or 1.47%. For the last week the stock has had daily average volatility of 1.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8230.T) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect HASEGAWA CO.,LTD. to open at JP¥342.00, and during the day (based on 14 day Average True Range), to move between JP¥336.51 and JP¥345.49, which gives a possible trading interval of +/-JP¥4.49 (+/-1.32%) up or down from last closing price. If HASEGAWA CO.,LTD. takes out the full calculated possible swing range there will be an estimated 2.63% 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¥339.00 (0.59%) than the resistance at JP¥348.00 (2.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is HASEGAWA CO.,LTD. stock A Buy?
HASEGAWA CO.,LTD. holds several negative signals and is within a 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: -1.991 Sell Candidate Unchanged
Predicted Opening Price for HASEGAWA CO.,LTD. of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| JP¥342.00 ( 0.293%) | JP¥341.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8230.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 347.00 | 1.76 % | |
| R2 | 345.09 | 1.20 % | ||
| R1 | 343.91 | 0.85 % | ||
| Current price: | 341.00 | |||
| Support | S1 | 340.09 | -0.267 % | |
| S2 | 338.91 | -0.613 % | ||
| S3 | 337.00 | -1.17 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 360.00 | 5.57 % | |
| R2 | 352.00 | 3.23 % | ||
| R1 | 348.00 | 2.05 % | ||
| Current price | 341.00 | |||
| Support | S1 | 339.00 | -0.587% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
8230 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¥7.50 | 2.01% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥3.75 | 0.99% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥3.00 | 1.03% |
| 5 | Sep 29, 2021 | Sep 29, 2021 | Sep 29, 2021 | JP¥2.50 | 0.94% |
FAQ
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