Fibergate Inc. Stock Forecast
Fibergate Inc. stock price ended at JP¥1,137.00 on Wednesday, after gaining 0.0880%.
(Updated on Jun 26, 2024)
The Fibergate Inc. stock price gained 0.0880% on the last trading day (Wednesday, 26th Jun 2024), rising from JP¥1,136.00 to JP¥1,137.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.60% from a day low at JP¥1,116.00 to a day high of JP¥1,145.00. The price has risen in 7 of the last 10 days and is up by 1.25% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 thousand more shares were traded than the day before. In total, 147 thousand shares were bought and sold for approximately JP¥166.80 million.
The stock lies in the middle of a very 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 5.03% during the next 3 months and, with a 90% probability hold a price between JP¥1,080.81 and JP¥1,362.34 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
9450.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 11.36%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Fibergate Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at JP¥1,170.20. On a fall, the stock will find some support from the short-term average at JP¥1,105.29. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
A buy signal from a double bottom formation was found on Friday, June 14, 2024 and based on theory for this formation the price should go up by 33.77% to JP¥1,520.92 within 39 trading days since signal was issued (Friday, August 09, 2024).
Support, Risk & Stop-loss for Fibergate Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at JP¥1,066.00 and JP¥1,047.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Fibergate Inc. finds support just below today's level at JP¥1,066.00. If this is broken, then the next support from accumulated volume will be at JP¥1,047.00 and JP¥1,021.00.
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¥29.00 between high and low, or 2.60%. For the last week, the stock has had daily average volatility of 3.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (9450.T) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Fibergate Inc. to open at JP¥1,132.67, and during the day (based on 14 day Average True Range), to move between JP¥1,095.32 and JP¥1,178.68, which gives a possible trading interval of +/-JP¥41.68 (+/-3.67%) up or down from last closing price. If Fibergate Inc. takes out the full calculated possible swing range there will be an estimated 7.33% 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¥1,154.00 (1.50%) than the support at JP¥1,066.00 (6.24%), 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 Fibergate Inc. stock A Buy?
Fibergate Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.496 Sell Candidate Unchanged
Predicted Opening Price for Fibergate Inc. of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| JP¥1,132.67 ( 0.381%) | JP¥1,137.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9450.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,161.67 | 2.17% |
| R2 | 1,150.59 | 1.20% |
| R1 | 1,143.74 | 0.593% |
| Price | 1,137.00 | |
| S1 | 1,121.59 | -1.36% |
| S2 | 1,114.74 | -1.96% |
| S3 | 1,103.67 | -2.93% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,276.00 | 12.23% |
| R2 | 1,156.00 | 1.67% |
| R1 | 1,154.00 | 1.50% |
| Price | 1,137.00 | |
| S1 | 1,066.00 | -6.24% |
| S2 | 1,047.00 | -7.92% |
| S3 | 1,021.00 | -10.20% |
9450 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 27, 2024 | Jun 27, 2024 | Sep 01, 2024 | JP¥12.50 | 1.10% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Mar 12, 2024 | JP¥5.00 | 0.478% |
| 3 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | JP¥2.00 | 0.135% |
| 4 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | JP¥4.50 | 0.471% |
| 5 | Jun 29, 2021 | Jun 29, 2021 | Jun 29, 2021 | JP¥4.00 | 0.267% |
FAQ
Click here for our free guide on how to buy Fibergate Inc. Stock.
