Advantage Risk Management 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
Advantage Risk Management Co.,Ltd. stock price up 0.85% on Friday
(Updated on May 31, 2024)
The Advantage Risk Management Co.,Ltd. stock price gained 0.85% on the last trading day (Friday, 31st May 2024), rising from JP¥469.00 to JP¥473.00. During the last trading day the stock fluctuated 1.72% from a day low at JP¥466.00 to a day high of JP¥474.00. The price has risen in 6 of the last 10 days and is up by 15.65% over the past 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 38 thousand shares were bought and sold for approximately JP¥17.74 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock has broken the wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at JP¥464.87, a level that may pose a second chance to hit a runner. According to fan-theory JP¥552.29 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
8769.T Signals & Forecast
Mostly positive signals in the chart today. The Advantage Risk Management 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¥466.29 and JP¥414.31. 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 27.84%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Advantage Risk Management Co.,Ltd. stock
Advantage Risk Management Co.,Ltd. finds support from accumulated volume at JP¥469.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥8.00 between high and low, or 1.72%. For the last week, the stock has had daily average volatility of 2.13%.
The Advantage Risk Management Co.,Ltd. stock is extremely overbought on RSI14 (77). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.
Our recommended stop-loss: JP¥459.00 (-2.96%) (This stock has high daily movements and this gives high risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 56 days ago.)
Trading Expectations (8769.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Advantage Risk Management Co.,Ltd. to open at JP¥471.00, and during the day (based on 14 day Average True Range), to move between JP¥458.92 and JP¥487.08, which gives a possible trading interval of +/-JP¥14.08 (+/-2.98%) up or down from last closing price. If Advantage Risk Management Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.96% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ JP¥469.00, some JP¥4.00 (0.85%) from the current price of JP¥473.00, our system finds the risk reward attractive.
Is Advantage Risk Management Co.,Ltd. stock A Buy?
Several short-term signals, along with a general good trend, are positive and the stock has broken the rising trend up, which indicates an even stronger rate of rising. We can conclude that the current level may hold a buying opportunity as there is a fair chance for Advantage Risk Management Co.,Ltd. stock to perform well in the short-term period. Due to a possible false trend-break listing stock as pure buy candidate is held back.
Current score: 4.645 Buy Candidate Unchanged
Predicted Opening Price for Advantage Risk Management Co.,Ltd. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥471.00 ( 0.423%) | JP¥473.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8769.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 479.00 | 1.27 % | |
| R2 | 475.94 | 0.622 % | ||
| R1 | 474.06 | 0.223 % | ||
| Current price: | 473.00 | |||
| Support | S1 | 467.94 | -1.07 % | |
| S2 | 466.06 | -1.47 % | ||
| S3 | 463.00 | -2.11 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 473.00 | |||
| Support | S1 | 469.00 | -0.85% | |
| S2 | 458.00 | -3.17% | ||
| S3 | 413.00 | -12.68% |
8769 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2025 | Mar 28, 2025 | Mar 28, 2025 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥10.00 | 2.29% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥10.00 | 1.53% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥10.00 | 1.36% |
FAQ
Click here for our free guide on how to buy Advantage Risk Management Co.,Ltd. Stock.
