NANSO Transport 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
Green day on Friday for NANSO Transport Co.,Ltd. stock after gaining 0.733%
(Updated on May 31, 2024)
The NANSO Transport Co.,Ltd. stock price gained 0.733% on the last trading day (Friday, 31st May 2024), rising from JP¥1,092.00 to JP¥1,100.00. During the last trading day the stock fluctuated 1.38% from a day low at JP¥1,088.00 to a day high of JP¥1,103.00. The price has risen in 6 of the last 10 days but is still down by -2.22% for this period. Volume fell on the last day by -29 thousand shares and in total, 2 thousand shares were bought and sold for approximately JP¥2.09 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 lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥1,093.32 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.12% during the next 3 months and, with a 90% probability hold a price between JP¥1,160.20 and JP¥1,236.98 at the end of this 3-month period.
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9034.T Signals & Forecast
The NANSO Transport 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¥1,107.29. On a fall, the stock will find some support from the long-term average at approximately JP¥1,083.66. 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. A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 1.76%. Further rise is indicated until a new top pivot has been found. 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. 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). The stock had a Golden Star Signal on Wednesday, May 01, 2024 in the short-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
The stock had a Golden Star Signal on Wednesday, May 01, 2024 in the short-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.
Support, Risk & Stop-loss for NANSO Transport Co.,Ltd. stock
NANSO Transport Co.,Ltd. finds support from accumulated volume at JP¥1,096.00 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¥15.00 between high and low, or 1.38%. For the last week, the stock has had daily average volatility of 2.34%.
Our recommended stop-loss: JP¥1,039.84 (-5.47%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 14 days ago.)
Trading Expectations (9034.T) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect NANSO Transport Co.,Ltd. to open at JP¥1,097.00, and during the day (based on 14 day Average True Range), to move between JP¥1,071.19 and JP¥1,128.81, which gives a possible trading interval of +/-JP¥28.81 (+/-2.62%) up or down from last closing price. If NANSO Transport Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 5.24% 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¥1,102.00 (0.18%) than the support at JP¥1,096.00 (0.36%), 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 NANSO Transport 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 NANSO Transport Co.,Ltd. stock to perform well in the short-term.
Current score: 2.885 Buy Candidate Unchanged
Predicted Opening Price for NANSO Transport Co.,Ltd. of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| JP¥1,097.00 ( 0.273%) | JP¥1,100.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9034.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,112.00 | 1.09 % | |
| R2 | 1,106.27 | 0.570 % | ||
| R1 | 1,102.73 | 0.248 % | ||
| Current price: | 1,100.00 | |||
| Support | S1 | 1,091.27 | -0.794 % | |
| S2 | 1,087.73 | -1.12 % | ||
| S3 | 1,082.00 | -1.64 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,135.00 | 3.18 % | |
| R2 | 1,132.00 | 2.91 % | ||
| R1 | 1,102.00 | 0.182 % | ||
| Current price | 1,100.00 | |||
| Support | S1 | 1,096.00 | -0.364% | |
| S2 | 1,081.00 | -1.73% | ||
| S3 | 1,043.00 | -5.18% |
9034 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 27, 2024 | Sep 27, 2024 | Sep 27, 2024 | JP¥0 | 0% |
| 2 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥30.00 | 3.56% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥10.00 | 1.54% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥22.50 | 3.70% |
FAQ
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