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AI Analysis of 9404.T
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Nippon Television Holdings,Inc. stock price fell more than -6.93% Friday closing at JP¥2,116.00
(Updated on May 10, 2024)

Sell candidate since May 07, 2024 Loss -7.01% PDF

The Nippon Television Holdings,Inc. stock price fell by -6.93% on the last day (Friday, 10th May 2024) from JP¥2,273.50 to JP¥2,116.00. During the last trading day the stock fluctuated 5.32% from a day low at JP¥2,107.00 to a day high of JP¥2,219.00. The price has been going up and down for this period, and there has been a -6.45% loss for the last 2 weeks. Volume has increased on the last day by 1 million 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, 2 million shares were bought and sold for approximately JP¥4.10 billion.

Given the current short-term trend, the stock is expected to rise 8.01% during the next 3 months and, with a 90% probability hold a price between JP¥2,285.56 and JP¥2,775.25 at the end of this 3-month period.

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9404.T Signals & Forecast

There are few to no technical positive signals at the moment. The Nippon Television Holdings,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¥2,252.36 and JP¥2,297.24. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -15.81%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Nippon Television Holdings,Inc. stock

Nippon Television Holdings,Inc. finds support from accumulated volume at JP¥2,085.50 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¥112.00 between high and low, or 5.32%. For the last week, the stock has had daily average volatility of 2.82%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (9404.T) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Nippon Television Holdings,Inc. to open at JP¥2,147.33, and during the day (based on 14 day Average True Range), to move between JP¥2,045.36 and JP¥2,186.64, which gives a possible trading interval of +/-JP¥70.64 (+/-3.34%) up or down from last closing price. If Nippon Television Holdings,Inc. takes out the full calculated possible swing range there will be an estimated 6.68% 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¥2,120.00 (0.19%) than the support at JP¥2,085.50 (1.44%), 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

Nippon Television Holdings,Inc. will release earnings BMO on Wednesday, May 15, 2024. We will update the financials statements for Nippon Television Holdings,Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.91% in the first trading day after earnings release.

Is Nippon Television Holdings,Inc. stock A Buy?

The Nippon Television Holdings,Inc. stock holds several negative signals and despite the positive trend, we believe Nippon Television Holdings,Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.062 Sell Candidate Unchanged

Predicted Opening Price for Nippon Television Holdings,Inc. of Monday, May 13, 2024

Fair opening price May 13, 2024 Current price
JP¥2,147.33 ( 1.48%) JP¥2,116.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for 9404.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,259.33 6.77 %
R2 2,216.55 4.75 %
R1 2,190.12 3.50 %
Current price: 2,116.00
Support S1 2,104.55 -0.541 %
S2 2,078.12 -1.79 %
S3 2,035.33 -3.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2,268.00 7.18 %
R2 2,224.00 5.10 %
R1 2,120.00 0.189 %
Current price 2,116.00
Support S1 2,085.50 -1.44%
S2 2,062.00 -2.55%
S3 2,052.50 -3.00%

9404 Dividend Payout History


# Declaration Date 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¥10.00 0.663%
3 Mar 30, 2023 Mar 30, 2023 Mar 30, 2023 JP¥27.00 2.44%
4 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 JP¥10.00 0.86%
5 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 JP¥27.00 2.13%

FAQ

What is the symbol for Nippon Television Holdings,Inc. Stock and on which exchange is it traded?
The symbol for Nippon Television Holdings,Inc. is 9404.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Nippon Television Holdings,Inc. Stock?
The Nippon Television Holdings,Inc. stock holds several negative signals and despite the positive trend, we believe Nippon Television Holdings,Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Nippon Television Holdings,Inc. Stock?
Nippon Television Holdings,Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nippon Television Holdings,Inc. Stock.

What's the current price of Nippon Television Holdings,Inc. Stock?
As of the end of day on the May 10, 2024, the price of an Nippon Television Holdings,Inc. (9404.T) share was JP¥2,116.00.

What is the 52-week high and low for Nippon Television Holdings,Inc. Stock?
The 52-week high for Nippon Television Holdings,Inc. Stock is JP¥2,525.50 and the 52-week low is JP¥1,185.00.

What is the market capitalization of Nippon Television Holdings,Inc. Stock?
As of the May 10, 2024, the market capitalization of Nippon Television Holdings,Inc. is 533.167B.

When is the next earnings date for Nippon Television Holdings,Inc.?
The upcoming earnings date for Nippon Television Holdings,Inc. is May 15, 2024.
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