MS&AD Insurance Group Holdings,Inc. Stock Forecast

MS&AD Insurance Group Holdings,Inc. stock price up 2.58% on Tuesday
(Updated on Apr 30, 2024)

8725.T Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 9.25%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The MS&AD Insurance Group Holdings,Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥4,479.87. On a fall, the stock will find some support from the short-term average at JP¥2,770.07. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for MS&AD Insurance Group Holdings,Inc. stock

MS&AD Insurance Group Holdings,Inc. finds support from accumulated volume at JP¥2,775.00 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¥69.50 (2.50%) between high and low. For the last week, the stock has had daily average volatility of 2.36%.

Our recommended stop-loss: JP¥2,734.92 (-3.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (8725.T) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect MS&AD Insurance Group Holdings,Inc. to open at JP¥2,823.33, and during the day (based on 14 day Average True Range), to move between JP¥2,670.18 and JP¥3,022.82, which gives a possible trading interval of +/-JP¥176.32 (+/-6.19%) up or down from last closing price. If MS&AD Insurance Group Holdings,Inc. takes out the full calculated possible swing range there will be an estimated 12.39% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ JP¥2,775.00, some JP¥71.50 (2.51%) from the current price of JP¥2,846.50, our system finds the risk reward attractive.

Is MS&AD Insurance Group Holdings,Inc. stock A Buy?

MS&AD Insurance Group Holdings,Inc. 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: -0.979 Hold/Accumulate Unchanged

Predicted Opening Price for MS&AD Insurance Group Holdings,Inc. of Wednesday, May 1, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.