Electric Power Development Co.,Ltd. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Electric Power Development Co.,Ltd. stock price after Friday trading.
(Updated on Jun 14, 2024)
The Electric Power Development Co.,Ltd. stock price gained 1.16% on the last trading day (Friday, 14th Jun 2024), rising from JP¥2,507.50 to JP¥2,536.50. During the last trading day the stock fluctuated 1.24% from a day low at JP¥2,509.00 to a day high of JP¥2,540.00. The price has fallen in 6 of the last 10 days and is down by -3.9% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 86 thousand more shares were traded than the day before. In total, 500 thousand shares were bought and sold for approximately JP¥1.27 billion.
The stock is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at JP¥2,508.49 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Electric Power Development Co.,Ltd. stock with a 90% probability to be traded between JP¥2,555.68 and JP¥2,802.39 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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9513.T Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 1.83%. 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). 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 Electric Power Development Co.,Ltd. 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¥2,581.89. On a fall, the stock will find some support from the short-term average at JP¥2,534.86. 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. The stock had a Golden Star Signal on Thursday, November 30, 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 Thursday, November 30, 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 Electric Power Development Co.,Ltd. stock
Electric Power Development Co.,Ltd. finds support from accumulated volume at JP¥2,516.50 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved JP¥31.00 between high and low, or 1.24%. For the last week the stock has had daily average volatility of 1.68%.
Our recommended stop-loss: JP¥2,399.71 (-5.39%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 41 days ago.)
Trading Expectations (9513.T) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Electric Power Development Co.,Ltd. to open at JP¥2,528.50, and during the day (based on 14 day Average True Range), to move between JP¥2,484.67 and JP¥2,588.33, which gives a possible trading interval of +/-JP¥51.83 (+/-2.04%) up or down from last closing price. If Electric Power Development Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.09% 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¥2,542.50 (0.24%) than the support at JP¥2,516.50 (0.79%), 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 Electric Power Development Co.,Ltd. stock A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Electric Power Development Co.,Ltd. stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.438 Buy Candidate Upgraded
Predicted Opening Price for Electric Power Development Co.,Ltd. of Monday, June 17, 2024
| Fair opening price June 17, 2024 | Current price |
|---|---|
| JP¥2,528.50 ( 0.315%) | JP¥2,536.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9513.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,559.50 | 0.91% |
| R2 | 2,547.66 | 0.440% |
| R1 | 2,540.34 | 0.151% |
| Price | 2,536.50 | |
| S1 | 2,516.66 | -0.782% |
| S2 | 2,509.34 | -1.07% |
| S3 | 2,497.50 | -1.54% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2,716.50 | 7.10% |
| R2 | 2,633.50 | 3.82% |
| R1 | 2,542.50 | 0.237% |
| Price | 2,536.50 | |
| S1 | 2,516.50 | -0.788% |
| S2 | 2,429.00 | -4.24% |
| S3 | 2,359.00 | -7.00% |
9513 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 | Jun 27, 2024 | JP¥55.00 | 2.17% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥45.00 | 1.82% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥50.00 | 2.36% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥40.00 | 1.89% |
FAQ
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