AIN HOLDINGS INC. Stock Forecast

AIN HOLDINGS INC. stock upgraded to Strong Buy Candidate.
(Updated on May 02, 2024)

9627.T Signals & Forecast

The AIN HOLDINGS INC. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥6,027.43 and JP¥5,721.63. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 15, 2024, and so far it has risen 42.39%. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, May 15, 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 AIN HOLDINGS INC. stock

AIN HOLDINGS INC. finds support from accumulated volume at JP¥5,953.00 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¥107.00 between high and low, or 1.74%. For the last week, the stock has had daily average volatility of 2.68%.

Our recommended stop-loss: JP¥5,999.53 (-3.56%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 52 days ago.)

Trading Expectations (9627.T) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect AIN HOLDINGS INC. to open at JP¥6,216.67, and during the day (based on 14 day Average True Range), to move between JP¥6,075.36 and JP¥6,366.64, which gives a possible trading interval of +/-JP¥145.64 (+/-2.34%) up or down from last closing price. If AIN HOLDINGS INC. takes out the full calculated possible swing range there will be an estimated 4.68% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ JP¥5,953.00, some JP¥268.00 (4.31%) from the current price of JP¥6,221.00, our system finds the risk reward attractive.

Is AIN HOLDINGS INC. stock A Buy?

AIN HOLDINGS INC. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.

Current score: 6.289 Strong Buy Candidate Upgraded

Predicted Opening Price for AIN HOLDINGS INC. of Tuesday, May 7, 2024

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