Frontier Real Estate Investment Corp Stock Forecast
Green day on Friday for Frontier Real Estate Investment Corp
(Updated on Apr 26, 2024)
The Frontier Real Estate Investment Corp stock price gained 0.219% on the last trading day (Friday, 26th Apr 2024), rising from JP¥456,000.00 to JP¥457,000.00. During the last trading day the stock fluctuated 1.33% from a day low at JP¥451,000.00 to a day high of JP¥457,000.00. The price has risen in 5 of the last 10 days and is up by 1.33% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 162 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately JP¥470.25 million.
The stock lies in the middle of a 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 8.80% during the next 3 months and, with a 90% probability hold a price between JP¥483,268.09 and JP¥516,084.47 at the end of this 3-month period.
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8964.T Signals & Forecast
The Frontier Real Estate Investment Corp 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¥455,857.14 and JP¥449,085.71. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 05, 2024, and so far it has risen 2.35%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Frontier Real Estate Investment Corp stock
Frontier Real Estate Investment Corp finds support from accumulated volume at JP¥435,500.00 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¥6,000.00 between high and low, or 1.33%. For the last week the stock has had daily average volatility of 1.39%.
Our recommended stop-loss: JP¥431,294.49 (-5.62%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (8964.T) For The Upcoming Trading Day Of Tuesday 30th
For the upcoming trading day on Tuesday, 30th we expect Frontier Real Estate Investment Corporation to open at JP¥455,000.00, and during the day (based on 14 day Average True Range), to move between JP¥450,806.89 and JP¥463,193.11, which gives a possible trading interval of +/-JP¥6,193.11 (+/-1.36%) up or down from last closing price. If Frontier Real Estate Investment Corporation takes out the full calculated possible swing range there will be an estimated 2.71% 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¥457,500.00 (0.11%) than the support at JP¥435,500.00 (4.70%), 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.
Is Frontier Real Estate Investment Corporation 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 Frontier Real Estate Investment Corp stock to perform well in the short-term.
Current score: 3.038 Buy Candidate Unchanged
Predicted Opening Price for Frontier Real Estate Investment Corporation of Tuesday, April 30, 2024
| Fair opening price April 30, 2024 | Current price |
|---|---|
| JP¥455,000.00 ( 0.438%) | JP¥457,000.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 8964.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 461,000.00 | 0.88 % | |
| R2 | 458,708.00 | 0.374 % | ||
| R1 | 457,292.00 | 0.0639 % | ||
| Current price: | 457,000.00 | |||
| Support | S1 | 452,708.00 | -0.94 % | |
| S2 | 451,292.00 | -1.25 % | ||
| S3 | 449,000.00 | -1.75 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 460,500.00 | 0.766 % | |
| R2 | 458,000.00 | 0.219 % | ||
| R1 | 457,500.00 | 0.109 % | ||
| Current price | 457,000.00 | |||
| Support | S1 | 435,500.00 | -4.70% | |
| S2 | 429,500.00 | -6.02% | ||
| S3 | 427,500.00 | -6.46% |
8964 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥11,109.00 | 2.43% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | JP¥0 | 0% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥10,990.00 | 2.37% |
| 4 | Dec 29, 2022 | Dec 29, 2022 | Dec 29, 2022 | JP¥11,122.00 | 2.17% |
| 5 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥11,117.00 | 2.13% |
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