Nomura Holdings, Inc. Stock Forecast
Nomura Holdings, Inc. stock price down 2.85% on Monday
(Updated on Jun 17, 2024)
The Nomura Holdings, Inc. stock price fell by -2.85% on the last day (Monday, 17th Jun 2024) from JP¥924.30 to JP¥898.00. During the last trading day the stock fluctuated 2.45% from a day low at JP¥892.50 to a day high of JP¥914.40. The price has fallen in 8 of the last 10 days and is down by -9.14% for this period. Volume has increased on the last day by 46 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, 12 million shares were bought and sold for approximately JP¥10.83 billion.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.18% during the next 3 months and, with a 90% probability hold a price between JP¥839.11 and JP¥963.28 at the end of this 3-month period.
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8604.T Signals & Forecast
There are few to no technical positive signals at the moment. The Nomura Holdings, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at JP¥932.56 and JP¥921.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -9.14%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Nomura Holdings, Inc. stock
Nomura Holdings, Inc. finds support from accumulated volume at JP¥895.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved JP¥21.90 between high and low, or 2.45%. For the last week, the stock has had daily average volatility of 2.52%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (8604.T) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Nomura Holdings, Inc. to open at JP¥901.63, and during the day (based on 14 day Average True Range), to move between JP¥871.79 and JP¥924.21, which gives a possible trading interval of +/-JP¥26.21 (+/-2.92%) up or down from last closing price. If Nomura Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 5.84% 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¥895.80 (0.24%) than the resistance at JP¥915.90 (1.99%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Nomura Holdings, Inc. stock A Buy?
Nomura Holdings, Inc. holds several negative signals and is within a 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: -2.792 Sell Candidate Unchanged
Predicted Opening Price for Nomura Holdings, Inc. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| JP¥901.63 ( 0.405%) | JP¥898.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8604.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 923.53 | 2.84% |
| R2 | 915.17 | 1.91% |
| R1 | 910.00 | 1.34% |
| Price | 898.00 | |
| S1 | 893.27 | -0.527% |
| S2 | 888.10 | -1.10% |
| S3 | 879.73 | -2.03% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 980.60 | 9.20% |
| R2 | 927.80 | 3.32% |
| R1 | 915.90 | 1.99% |
| Price | 898.00 | |
| S1 | 895.80 | -0.245% |
| S2 | 876.40 | -2.41% |
| S3 | 868.90 | -3.24% |
8604 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Jun 01, 2024 | JP¥9.00 | 0.95% |
| 2 | Sep 28, 2023 | Sep 28, 2023 | Dec 01, 2023 | JP¥8.00 | 1.32% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥12.00 | 2.39% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥5.00 | 1.04% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥14.00 | 2.63% |
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