GIFT INC. Stock Forecast
GIFT INC. stock price down 3.29% on Thursday
(Updated on May 09, 2024)
The GIFT INC. stock price fell by -3.29% on the last day (Thursday, 9th May 2024) from JP¥2,735.00 to JP¥2,645.00. During the last trading day the stock fluctuated 2.63% from a day low at JP¥2,623.00 to a day high of JP¥2,692.00. The price has fallen in 6 of the last 10 days and is down by -13.42% for this period. 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 -140 thousand shares and in total, 341 thousand shares were bought and sold for approximately JP¥901.95 million.
Given the current short-term trend, the stock is expected to rise 7.09% during the next 3 months and, with a 90% probability hold a price between JP¥2,832.44 and JP¥3,947.51 at the end of this 3-month period.
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9279.T Signals & Forecast
There are few to no technical positive signals at the moment. The GIFT INC. 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¥2,919.14 and JP¥3,276.97. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 29, 2024, and so far it has fallen -26.01%. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for GIFT INC. stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved JP¥69.00 between high and low, or 2.63%. For the last week, the stock has had daily average volatility of 3.32%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (9279.T) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect GIFT INC. to open at JP¥2,653.33, and during the day (based on 14 day Average True Range), to move between JP¥2,516.51 and JP¥2,773.49, which gives a possible trading interval of +/-JP¥128.49 (+/-4.86%) up or down from last closing price. If GIFT INC. takes out the full calculated possible swing range there will be an estimated 9.72% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ JP¥2,735.00, some JP¥90.00 (3.40%) from the current price of JP¥2,645.00, our system finds the risk reward not very attractive.
Is GIFT INC. stock A Buy?
The GIFT INC. stock holds several negative signals and despite the positive trend, we believe GIFT INC. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -3.661 Sell Candidate Unchanged
Predicted Opening Price for GIFT INC. of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| JP¥2,653.33 ( 0.315%) | JP¥2,645.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9279.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 2,722.33 | 2.92 % | |
| R2 | 2,695.98 | 1.93 % | ||
| R1 | 2,679.69 | 1.31 % | ||
| Current price: | 2,645.00 | |||
| Support | S1 | 2,626.98 | -0.681 % | |
| S2 | 2,610.69 | -1.30 % | ||
| S3 | 2,584.33 | -2.29 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,190.00 | 20.60 % | |
| R2 | 2,975.00 | 12.48 % | ||
| R1 | 2,735.00 | 3.40 % | ||
| Current price | 2,645.00 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
9279 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Oct 30, 2024 | Oct 30, 2024 | Oct 30, 2024 | JP¥0 | 0% |
| 2 | Apr 26, 2024 | Apr 26, 2024 | Apr 26, 2024 | JP¥0 | 0% |
| 3 | Oct 30, 2023 | Oct 30, 2023 | Oct 30, 2023 | JP¥7.50 | 0.363% |
| 4 | Apr 27, 2023 | Apr 27, 2023 | Apr 27, 2023 | JP¥15.00 | 0.636% |
| 5 | Oct 28, 2022 | Oct 28, 2022 | Oct 28, 2022 | JP¥15.00 | 0.86% |
FAQ
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