SKY Perfect JSAT Holdings Inc. Stock Forecast
Red day on Friday for SKY Perfect JSAT Holdings Inc.
(Updated on May 10, 2024)
The SKY Perfect JSAT Holdings Inc. stock price fell by -2.04% on the last day (Friday, 10th May 2024) from JP¥933.00 to JP¥914.00. During the last trading day the stock fluctuated 1.99% from a day low at JP¥904.00 to a day high of JP¥922.00. The price has been going up and down for this period, and there has been a -3.28% loss for the last 2 weeks. Volume has increased on the last day by 95 thousand 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, 910 thousand shares were bought and sold for approximately JP¥831.92 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at JP¥903.36 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 4.68% during the next 3 months and, with a 90% probability hold a price between JP¥945.60 and JP¥1,140.27 at the end of this 3-month period.
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9412.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 1.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The SKY Perfect JSAT 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¥918.14 and JP¥975.97. A break-up above any of these levels will issue buy signals. 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 SKY Perfect JSAT Holdings Inc. stock
SKY Perfect JSAT Holdings Inc. finds support from accumulated volume at JP¥901.00 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¥18.00 between high and low, or 1.99%. For the last week, the stock has had daily average volatility of 2.12%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (9412.T) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect SKY Perfect JSAT Holdings Inc. to open at JP¥913.33, and during the day (based on 14 day Average True Range), to move between JP¥882.07 and JP¥945.93, which gives a possible trading interval of +/-JP¥31.93 (+/-3.49%) up or down from last closing price. If SKY Perfect JSAT Holdings Inc. takes out the full calculated possible swing range there will be an estimated 6.99% 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¥901.00 (1.42%) than the resistance at JP¥963.00 (5.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SKY Perfect JSAT Holdings Inc. stock A Buy?
The SKY Perfect JSAT Holdings Inc. stock holds several negative signals and despite the positive trend, we believe SKY Perfect JSAT Holdings Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -1.061 Sell Candidate Unchanged
Predicted Opening Price for SKY Perfect JSAT Holdings Inc. of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| JP¥913.33 ( 0.0729%) | JP¥914.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9412.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 931.33 | 1.90 % | |
| R2 | 924.46 | 1.14 % | ||
| R1 | 920.21 | 0.679 % | ||
| Current price: | 914.00 | |||
| Support | S1 | 906.46 | -0.83 % | |
| S2 | 902.21 | -1.29 % | ||
| S3 | 895.33 | -2.04 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 1,052.00 | 15.10 % | |
| R2 | 1,049.00 | 14.77 % | ||
| R1 | 963.00 | 5.36 % | ||
| Current price | 914.00 | |||
| Support | S1 | 901.00 | -1.42% | |
| S2 | 900.00 | -1.53% | ||
| S3 | 886.00 | -3.06% |
9412 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¥10.00 | 1.42% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥11.00 | 2.18% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥9.00 | 1.74% |
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