Nomura Holdings, Inc. 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
Nomura Holdings, Inc. stock upgraded to Buy Candidate.
(Updated on May 31, 2024)
The Nomura Holdings, Inc. stock price gained 4.51% on the last trading day (Friday, 31st May 2024), rising from JP¥909.50 to JP¥950.50. During the last trading day the stock fluctuated 5.74% from a day low at JP¥902.00 to a day high of JP¥953.80. The price has fallen in 6 of the last 10 days but is still up by 3.62% 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, 16 million more shares were traded than the day before. In total, 32 million shares were bought and sold for approximately JP¥30.00 billion.
The stock lies the upper part of a wide and 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¥972.03 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 -2.14% during the next 3 months and, with a 90% probability hold a price between JP¥843.42 and JP¥951.26 at the end of this 3-month period.
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8604.T Signals & Forecast
Mostly positive signals in the chart today. The Nomura Holdings, Inc. 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¥934.33 and JP¥912.81. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 9.39%. 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 Nomura Holdings, Inc. stock
Nomura Holdings, Inc. finds support from accumulated volume at JP¥927.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved JP¥51.80 (5.74%) between high and low. For the last week, the stock has had daily average volatility of 2.69%.
Our recommended stop-loss: JP¥915.33 (-3.70%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 48 days ago.)
Trading Expectations (8604.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Nomura Holdings, Inc. to open at JP¥935.43, and during the day (based on 14 day Average True Range), to move between JP¥925.10 and JP¥975.90, which gives a possible trading interval of +/-JP¥25.40 (+/-2.67%) up or down from last closing price. If Nomura Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 5.34% 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¥927.80 (2.39%) than the resistance at JP¥980.60 (3.17%), 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?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.
Current score: 3.030 Buy Candidate Upgraded
Predicted Opening Price for Nomura Holdings, Inc. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥935.43 ( 1.59%) | JP¥950.50 |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 987.23 | 3.86 % | |
| R2 | 967.45 | 1.78 % | ||
| R1 | 955.22 | 0.497 % | ||
| Current price: | 950.50 | |||
| Support | S1 | 915.65 | -3.67 % | |
| S2 | 903.42 | -4.95 % | ||
| S3 | 883.63 | -7.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 989.00 | 4.05 % | |
| R2 | 984.80 | 3.61 % | ||
| R1 | 980.60 | 3.17 % | ||
| Current price | 950.50 | |||
| Support | S1 | 927.80 | -2.39% | |
| S2 | 918.90 | -3.32% | ||
| S3 | 876.40 | -7.80% |
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% |
FAQ
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