MS&AD Insurance Group Holdings,Inc. Stock Forecast
On Tuesday, MS&AD Insurance Group Holdings,Inc. stock price gained an impressive 13.79%
(Updated on May 21, 2024)
The MS&AD Insurance Group Holdings,Inc. stock price gained 13.79% on the last trading day (Tuesday, 21st May 2024), rising from JP¥2,767.50 to JP¥3,149.00. During the last trading day the stock fluctuated 5.25% from a day low at JP¥3,102.00 to a day high of JP¥3,265.00. The price has been going up and down for this period, and there has been a 11.1% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 million more shares were traded than the day before. In total, 17 million shares were bought and sold for approximately JP¥54.60 billion.
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. Given the current short-term trend, the stock is expected to fall -62.30% during the next 3 months and, with a 90% probability hold a price between JP¥72.21 and JP¥1,521.18 at the end of this 3-month period. 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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8725.T Signals & Forecast
The MS&AD Insurance Group 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¥2,846.50 and JP¥2,773.67. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 20.86%. 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 MS&AD Insurance Group Holdings,Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥2,767.50 and JP¥2,688.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MS&AD Insurance Group Holdings,Inc. finds support just below today's level at JP¥2,767.50. If this is broken, then the next support from accumulated volume will be at JP¥2,688.00 and JP¥2,614.00.
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¥163.00 (5.25%) between high and low. For the last week, the stock has had daily average volatility of 2.73%.
Our recommended stop-loss: JP¥3,036.27 (-3.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 36 days ago.)
Trading Expectations (8725.T) For The Upcoming Trading Day Of Wednesday 22nd
For the upcoming trading day on Wednesday, 22nd we expect MS&AD Insurance Group Holdings,Inc. to open at JP¥3,172.00, and during the day (based on 14 day Average True Range), to move between JP¥3,008.14 and JP¥3,289.86, which gives a possible trading interval of +/-JP¥140.86 (+/-4.47%) 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 8.95% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥2,767.50, some JP¥381.50 (12.11%) from the current price of JP¥3,149.00, 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for MS&AD Insurance Group Holdings,Inc. of Wednesday, May 22, 2024
| Fair opening price May 22, 2024 | Current price |
|---|---|
| JP¥3,172.00 ( 0.730%) | JP¥3,149.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8725.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,335.00 | 5.91 % | |
| R2 | 3,272.73 | 3.93 % | ||
| R1 | 3,234.27 | 2.71 % | ||
| Current price: | 3,149.00 | |||
| Support | S1 | 3,109.73 | -1.25 % | |
| S2 | 3,071.27 | -2.47 % | ||
| S3 | 3,009.00 | -4.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 3,149.00 | |||
| Support | S1 | 2,767.50 | -12.11% | |
| S2 | 2,688.00 | -14.64% | ||
| S3 | 2,614.00 | -16.99% |
8725 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¥120.00 | 6.35% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥100.00 | 7.35% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥100.00 | 7.68% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥97.50 | 7.16% |
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