IBJ Leasing Company,Limited Stock Forecast
Red day on Wednesday for IBJ Leasing Company,Limited stock after losing 1.59%
(Updated on May 08, 2024)
The IBJ Leasing Company,Limited stock price fell by -1.59% on the last day (Wednesday, 8th May 2024) from JP¥1,129.00 to JP¥1,111.00. During the last trading day the stock fluctuated 1.89% from a day low at JP¥1,110.00 to a day high of JP¥1,131.00. The price has risen in 6 of the last 10 days and is up by 3.45% over the past 2 weeks. Volume has increased on the last day by 13 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, 259 thousand shares were bought and sold for approximately JP¥287.19 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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8425.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 3.45%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The IBJ Leasing Company,Limited 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¥1,119.43 and JP¥2,143.23. A break-up above any of these levels will issue buy signals. 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 IBJ Leasing Company,Limited stock
IBJ Leasing Company,Limited finds support from accumulated volume at JP¥1,106.00 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¥21.00 between high and low, or 1.89%. For the last week the stock has had daily average volatility of 1.51%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8425.T) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect IBJ Leasing Company,Limited to open at JP¥1,117.33, and during the day (based on 14 day Average True Range), to move between JP¥1,030.33 and JP¥1,191.67, which gives a possible trading interval of +/-JP¥80.67 (+/-7.26%) up or down from last closing price. If IBJ Leasing Company,Limited takes out the full calculated possible swing range there will be an estimated 14.52% 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¥1,113.00 (0.18%) than the support at JP¥1,106.00 (0.45%), 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.
Earnings coming up
IBJ Leasing Company,Limited will release earnings BMO on Tuesday, May 14, 2024. We will update the financials statements for IBJ Leasing Company,Limited, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.00% in the first trading day after earnings release.
Is IBJ Leasing Company,Limited stock A Buy?
IBJ Leasing Company,Limited holds several negative signals and is within a very wide and 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: -2.601 Sell Candidate Unchanged
Predicted Opening Price for IBJ Leasing Company,Limited of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| JP¥1,117.33 ( 0.570%) | JP¥1,111.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8425.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,138.33 | 2.46 % | |
| R2 | 1,130.31 | 1.74 % | ||
| R1 | 1,125.36 | 1.29 % | ||
| Current price: | 1,111.00 | |||
| Support | S1 | 1,109.31 | -0.152 % | |
| S2 | 1,104.36 | -0.598 % | ||
| S3 | 1,096.33 | -1.32 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,162.00 | 4.59 % | |
| R2 | 1,136.00 | 2.25 % | ||
| R1 | 1,113.00 | 0.180 % | ||
| Current price | 1,111.00 | |||
| Support | S1 | 1,106.00 | -0.450% | |
| S2 | 1,104.00 | -0.630% | ||
| S3 | 1,074.00 | -3.33% |
8425 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥83.00 | 8.27% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥82.00 | 11.85% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥65.00 | 10.25% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥55.00 | 9.20% |
FAQ
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