AIRPORT FACILITIES 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
Evaluation of AIRPORT FACILITIES Co.,LTD. stock downgraded after the last trading session.
(Updated on May 07, 2024)
The AIRPORT FACILITIES Co.,LTD. stock price fell by -0.324% on the last day (Tuesday, 7th May 2024) from JP¥617.00 to JP¥615.00. During the last trading day the stock fluctuated 0.98% from a day low at JP¥615.00 to a day high of JP¥621.00. The price has risen in 5 of the last 10 days and is up by 0.82% over the past 2 weeks. Volume has increased on the last day by 55 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 70 thousand shares were bought and sold for approximately JP¥43.17 million.
The stock lies in the middle of a narrow and weak 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 2.10% during the next 3 months and, with a 90% probability hold a price between JP¥618.71 and JP¥642.79 at the end of this 3-month period.
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8864.T Signals & Forecast
The AIRPORT FACILITIES Co.,LTD. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥616.00. On a fall, the stock will find some support from the long-term average at approximately JP¥613.09. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Wednesday, May 01, 2024, and so far it has fallen -0.646%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Friday, June 16, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Friday, June 16, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A sell signal from a double top formation was found on Friday, April 12, 2024 and based on theory for this formation the price should fall by -5.68% to JP¥580.07 within 15 trading days since signal was issued (Wednesday, May 08, 2024).
Support, Risk & Stop-loss for AIRPORT FACILITIES Co.,LTD. stock
AIRPORT FACILITIES Co.,LTD. finds support from accumulated volume at JP¥612.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥6.00 between high and low, or 0.98%. For the last week the stock has had daily average volatility of 0.88%.
Our recommended stop-loss: JP¥594.14 (-3.39%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (8864.T) For The Upcoming Trading Day Of Wednesday 8th
For the upcoming trading day on Wednesday, 8th we expect AIRPORT FACILITIES Co.,LTD. to open at JP¥617.00, and during the day (based on 14 day Average True Range), to move between JP¥608.01 and JP¥621.99, which gives a possible trading interval of +/-JP¥6.99 (+/-1.14%) up or down from last closing price. If AIRPORT FACILITIES Co.,LTD. takes out the full calculated possible swing range there will be an estimated 2.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at JP¥618.00 (0.49%) than the support at JP¥612.00 (0.49%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Earnings coming up
AIRPORT FACILITIES Co.,LTD. will release earnings BMO on Friday, May 10, 2024. We will update the financials statements for AIRPORT FACILITIES Co.,LTD., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.63% in the first trading day after earnings release.
Is AIRPORT FACILITIES Co.,LTD. stock A Buy?
AIRPORT FACILITIES Co.,LTD. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.347 Hold/Accumulate Downgraded
Predicted Opening Price for AIRPORT FACILITIES Co.,LTD. of Wednesday, May 8, 2024
| Fair opening price May 8, 2024 | Current price |
|---|---|
| JP¥617.00 ( 0.325%) | JP¥615.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8864.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 623.00 | 1.30 % | |
| R2 | 620.71 | 0.93 % | ||
| R1 | 619.29 | 0.698 % | ||
| Current price: | 615.00 | |||
| Support | S1 | 614.71 | -0.0475 % | |
| S2 | 613.29 | -0.278 % | ||
| S3 | 611.00 | -0.650 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 622.00 | 1.14 % | |
| R2 | 619.00 | 0.650 % | ||
| R1 | 618.00 | 0.488 % | ||
| Current price | 615.00 | |||
| Support | S1 | 612.00 | -0.488% | |
| S2 | 608.00 | -1.14% | ||
| S3 | 601.00 | -2.28% |
8864 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¥7.00 | 1.23% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥7.00 | 1.28% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥7.00 | 1.32% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥7.00 | 1.27% |
FAQ
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