MARUWN CORPORATION Stock Forecast
MARUWN CORPORATION stock price down 0.356% on Tuesday
(Updated on Apr 23, 2024)
The MARUWN CORPORATION stock price fell by -0.356% on the last day (Tuesday, 23rd Apr 2024) from JP¥281.00 to JP¥280.00. During the last trading day the stock fluctuated 0.714% from a day low at JP¥280.00 to a day high of JP¥282.00. The price has been going up and down for this period, and there has been a 0.36% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 thousand shares and in total, 5 thousand shares were bought and sold for approximately JP¥1.32 million.
The stock lies in the middle of a wide 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 2.85% during the next 3 months and, with a 90% probability hold a price between JP¥273.72 and JP¥302.17 at the end of this 3-month period.
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9067.T Signals & Forecast
There are few to no technical positive signals at the moment. The MARUWN CORPORATION stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at JP¥281.14 and JP¥282.60. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -3.78%. 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). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Monday, November 20, 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 Monday, November 20, 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.
Support, Risk & Stop-loss for MARUWN CORPORATION stock
MARUWN CORPORATION finds support from accumulated volume at JP¥279.00 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved JP¥2.00 between high and low, or 0.714%. For the last week the stock has had daily average volatility of 1.30%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (9067.T) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect MARUWN CORPORATION to open at JP¥280.67, and during the day (based on 14 day Average True Range), to move between JP¥275.80 and JP¥284.20, which gives a possible trading interval of +/-JP¥4.20 (+/-1.50%) up or down from last closing price. If MARUWN CORPORATION takes out the full calculated possible swing range there will be an estimated 3.00% 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¥279.00 (0.36%) than the resistance at JP¥283.00 (1.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is MARUWN CORPORATION stock A Buy?
The MARUWN CORPORATION stock holds several negative signals and despite the positive trend, we believe MARUWN CORPORATION will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.004 Sell Candidate Unchanged
Predicted Opening Price for MARUWN CORPORATION of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| JP¥280.67 ( 0.238%) | JP¥280.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9067.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 282.67 | 0.95 % | |
| R2 | 281.90 | 0.680 % | ||
| R1 | 281.43 | 0.511 % | ||
| Current price: | 280.00 | |||
| Support | S1 | 279.90 | -0.0348 % | |
| S2 | 279.43 | -0.203 % | ||
| S3 | 278.67 | -0.476 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 287.00 | 2.50 % | |
| R2 | 284.00 | 1.43 % | ||
| R1 | 283.00 | 1.07 % | ||
| Current price | 280.00 | |||
| Support | S1 | 279.00 | -0.357% | |
| S2 | 278.00 | -0.714% | ||
| S3 | 276.00 | -1.43% |
9067 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¥4.00 | 1.54% |
| 3 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥4.00 | 1.77% |
| 4 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥4.00 | 1.84% |
| 5 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥4.00 | 1.61% |
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