Struggling With Great Stock Picks? Discover StockInvest.us Top Gems!
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 8844.T
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

COSMOS INITIA Co.,Ltd. stock price up more than 5.02% on Friday
(Updated on May 10, 2024)

Buy candidate since May 10, 2024 PDF

The COSMOS INITIA Co.,Ltd. stock price gained 5.02% on the last trading day (Friday, 10th May 2024), rising from JP¥856.00 to JP¥899.00. During the last trading day the stock fluctuated 4.78% from a day low at JP¥878.00 to a day high of JP¥920.00. The price has been going up and down for this period, and there has been a 0.45% 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, 150 thousand more shares were traded than the day before. In total, 279 thousand shares were bought and sold for approximately JP¥250.91 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.60% during the next 3 months and, with a 90% probability hold a price between JP¥1,009.34 and JP¥1,199.60 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

8844.T Signals & Forecast

The COSMOS INITIA Co.,Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at JP¥870.43 and JP¥893.97. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, March 29, 2024, and so far it has fallen -5.27%. 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).

Support, Risk & Stop-loss for COSMOS INITIA Co.,Ltd. stock

COSMOS INITIA Co.,Ltd. finds support from accumulated volume at JP¥898.00 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¥42.00 between high and low, or 4.78%. For the last week, the stock has had daily average volatility of 3.05%.

Our recommended stop-loss: JP¥855.69 (-4.82%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 27 days ago.)

Trading Expectations (8844.T) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect COSMOS INITIA Co.,Ltd. to open at JP¥899.00, and during the day (based on 14 day Average True Range), to move between JP¥867.94 and JP¥930.06, which gives a possible trading interval of +/-JP¥31.06 (+/-3.45%) up or down from last closing price. If COSMOS INITIA Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 6.91% 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¥898.00 (0.11%) than the resistance at JP¥911.00 (1.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is COSMOS INITIA Co.,Ltd. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for COSMOS INITIA Co.,Ltd. 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: 1.377 Buy Candidate Upgraded

Predicted Opening Price for COSMOS INITIA Co.,Ltd. of Monday, May 13, 2024

Fair opening price May 13, 2024 Current price
JP¥899.00 ( 0%) JP¥899.00

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

Trading levels for 8844.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 941.00 4.67 %
R2 924.96 2.89 %
R1 915.04 1.78 %
Current price: 899.00
Support S1 882.96 -1.78 %
S2 873.04 -2.89 %
S3 857.00 -4.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 949.00 5.56 %
R2 941.00 4.67 %
R1 911.00 1.33 %
Current price 899.00
Support S1 898.00 -0.111%
S2 890.00 -1.00%
S3 846.00 -5.90%

8844 Dividend Payout History


# Declaration Date 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¥5.00 0.693%
3 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥14.00 2.90%
4 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 JP¥7.00 1.64%
5 Mar 30, 2021 Mar 30, 2021 Mar 30, 2021 JP¥7.00 1.55%

FAQ

What is the symbol for COSMOS INITIA Co.,Ltd. Stock and on which exchange is it traded?
The symbol for COSMOS INITIA Co.,Ltd. is 8844.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell COSMOS INITIA Co.,Ltd. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for COSMOS INITIA Co.,Ltd. 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.

How to buy COSMOS INITIA Co.,Ltd. Stock?
COSMOS INITIA Co.,Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy COSMOS INITIA Co.,Ltd. Stock.

What's the current price of COSMOS INITIA Co.,Ltd. Stock?
As of the end of day on the May 10, 2024, the price of an COSMOS INITIA Co.,Ltd. (8844.T) share was JP¥899.00.

What is the 52-week high and low for COSMOS INITIA Co.,Ltd. Stock?
The 52-week high for COSMOS INITIA Co.,Ltd. Stock is JP¥1,028.00 and the 52-week low is JP¥558.00.

What is the market capitalization of COSMOS INITIA Co.,Ltd. Stock?
As of the May 10, 2024, the market capitalization of COSMOS INITIA Co.,Ltd. is 30.456B.
Click to get the best stock tips daily for free!

About COSMOS INITIA Co.,Ltd.

COSMOS INITIA Co.Ltd. Cosmos Initia Co., Ltd. engages in the real estate sale, rental, and brokerage activities in Japan. It develops condominium and single-family houses and renovate existing condominiums; manages rental property; and develops and operates apartment-style hotels. The company was formerly known as Recruit Cosmos Co., Ltd. and changed its name to Cosmos Initia Co., Ltd. in September 2006. Cosmos Initia Co., Ltd. was founded in 1969 and is headquartered... 8844.T Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT