JACCS 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
Green day on Thursday for JACCS CO.,LTD. stock after gaining 0.178%
(Updated on Apr 25, 2024)
The JACCS CO.,LTD. stock price gained 0.178% on the last trading day (Thursday, 25th Apr 2024), rising from JP¥5,620.00 to JP¥5,630.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.07% from a day low at JP¥5,610.00 to a day high of JP¥5,670.00. The price has risen in 7 of the last 10 days and is up by 1.99% 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, 11 thousand more shares were traded than the day before. In total, 102 thousand shares were bought and sold for approximately JP¥574.26 million.
The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at JP¥5,707.69 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect JACCS CO.,LTD. stock with a 90% probability to be traded between JP¥5,218.40 and JP¥5,651.53 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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8584.T Signals & Forecast
The JACCS 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¥5,525.71 and JP¥5,502.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 02, 2024, and so far it has risen 4.07%. 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.
Support, Risk & Stop-loss for JACCS CO.,LTD. stock
JACCS CO.,LTD. finds support from accumulated volume at JP¥5,620.00 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¥60.00 between high and low, or 1.07%. For the last week the stock has had daily average volatility of 1.42%.
Our recommended stop-loss: JP¥5,320.57 (-5.50%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (8584.T) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect JACCS CO.,LTD. to open at JP¥5,636.67, and during the day (based on 14 day Average True Range), to move between JP¥5,538.73 and JP¥5,721.27, which gives a possible trading interval of +/-JP¥91.27 (+/-1.62%) up or down from last closing price. If JACCS CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.24% 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¥5,620.00 (0.18%) than the resistance at JP¥5,670.00 (0.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is JACCS CO.,LTD. stock A Buy?
JACCS CO.,LTD. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.825 Hold/Accumulate Unchanged
Predicted Opening Price for JACCS CO.,LTD. of Friday, April 26, 2024
| Fair opening price April 26, 2024 | Current price |
|---|---|
| JP¥5,636.67 ( 0.118%) | JP¥5,630.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8584.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,696.67 | 1.18 % | |
| R2 | 5,673.75 | 0.777 % | ||
| R1 | 5,659.59 | 0.526 % | ||
| Current price: | 5,630.00 | |||
| Support | S1 | 5,613.75 | -0.289 % | |
| S2 | 5,599.59 | -0.540 % | ||
| S3 | 5,576.67 | -0.95 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 5,730.00 | 1.78 % | |
| R2 | 5,680.00 | 0.89 % | ||
| R1 | 5,670.00 | 0.710 % | ||
| Current price | 5,630.00 | |||
| Support | S1 | 5,620.00 | -0.178% | |
| S2 | 5,520.00 | -1.95% | ||
| S3 | 5,420.00 | -3.73% |
8584 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¥100.00 | 1.89% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥95.00 | 2.19% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥95.00 | 2.60% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥85.00 | 2.68% |
FAQ
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