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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:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

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

RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of 9632.T
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Stronger technical forecast for Subaru Enterprise Co.,Ltd. stock price after Friday trading.
(Updated on May 31, 2024)

Hold candidate since May 31, 2024 PDF

The Subaru Enterprise Co.,Ltd. stock price gained 2.60% on the last trading day (Friday, 31st May 2024), rising from JP¥2,657.00 to JP¥2,726.00. During the last trading day the stock fluctuated 3.39% from a day low at JP¥2,651.00 to a day high of JP¥2,741.00. The price has been going up and down for this period, and there has been a -2.54% loss for the last 2 weeks. Volume fell on the last day by -10 thousand shares and in total, 17 thousand shares were bought and sold for approximately JP¥45.80 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.68% during the next 3 months and, with a 90% probability hold a price between JP¥2,450.27 and JP¥2,816.44 at the end of this 3-month period.

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9632.T Signals & Forecast

There are mixed signals in the stock today. The Subaru Enterprise 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¥2,759.03. On a fall, the stock will find some support from the short-term average at JP¥2,701.00. 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 was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 3.53%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Subaru Enterprise Co.,Ltd. stock

Subaru Enterprise Co.,Ltd. finds support from accumulated volume at JP¥2,710.00 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¥90.00 between high and low, or 3.39%. For the last week the stock has had daily average volatility of 3.12%.

Our recommended stop-loss: JP¥2,599.76 (-4.63%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (9632.T) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Subaru Enterprise Co.,Ltd. to open at JP¥2,706.00, and during the day (based on 14 day Average True Range), to move between JP¥2,658.66 and JP¥2,793.34, which gives a possible trading interval of +/-JP¥67.34 (+/-2.47%) up or down from last closing price. If Subaru Enterprise Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.94% 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¥2,740.00 (0.51%) than the support at JP¥2,710.00 (0.59%), 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

Subaru Enterprise Co.,Ltd. will release earnings BMO on Thursday, June 06, 2024. We will update the financials statements for Subaru Enterprise Co.,Ltd., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.27% in the first trading day after earnings release.

Is Subaru Enterprise Co.,Ltd. stock A Buy?

Subaru Enterprise Co.,Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.595 Hold/Accumulate Upgraded

Predicted Opening Price for Subaru Enterprise Co.,Ltd. of Monday, June 3, 2024

Fair opening price June 3, 2024 Current price
JP¥2,706.00 ( 0.734%) JP¥2,726.00

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

Trading levels for 9632.T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2,796.00 2.57 %
R2 2,761.62 1.31 %
R1 2,740.38 0.528 %
Current price: 2,726.00
Support S1 2,671.62 -1.99 %
S2 2,650.38 -2.77 %
S3 2,616.00 -4.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3,220.00 18.12 %
R2 2,829.00 3.78 %
R1 2,740.00 0.514 %
Current price 2,726.00
Support S1 2,710.00 -0.587%
S2 2,705.00 -0.770%
S3 2,700.00 -0.95%

9632 Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 30, 2024 Jul 30, 2024 Jul 30, 2024 JP¥0 0%
2 Jan 30, 2024 Jan 30, 2024 Jan 30, 2024 JP¥0 0%
3 Jul 28, 2023 Jul 28, 2023 Jul 28, 2023 JP¥130.00 6.38%
4 Jan 30, 2023 Jan 30, 2023 Jan 30, 2023 JP¥120.00 6.67%
5 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 JP¥130.00 7.33%

FAQ

What is the symbol for Subaru Enterprise Co.,Ltd. Stock and on which exchange is it traded?
The symbol for Subaru Enterprise Co.,Ltd. is 9632.T and it is traded on the TYO (Tokyo Stock Exchange).

Should I buy or sell Subaru Enterprise Co.,Ltd. Stock?
Subaru Enterprise Co.,Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Subaru Enterprise Co.,Ltd. Stock?
Subaru Enterprise Co.,Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Subaru Enterprise Co.,Ltd. Stock.

What's the current price of Subaru Enterprise Co.,Ltd. Stock?
As of the end of day on the May 31, 2024, the price of an Subaru Enterprise Co.,Ltd. (9632.T) share was JP¥2,726.00.

What is the 52-week high and low for Subaru Enterprise Co.,Ltd. Stock?
The 52-week high for Subaru Enterprise Co.,Ltd. Stock is JP¥16,480.00 and the 52-week low is JP¥2,593.00.

What is the market capitalization of Subaru Enterprise Co.,Ltd. Stock?
As of the May 31, 2024, the market capitalization of Subaru Enterprise Co.,Ltd. is 35.125B.

When is the next earnings date for Subaru Enterprise Co.,Ltd.?
The upcoming earnings date for Subaru Enterprise Co.,Ltd. is Jun 06, 2024.
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About Subaru Enterprise Co.,Ltd.

Subaru Enterprise Co., Ltd. engages in the maintenance and cleaning of roads and road ancillary facilities in Japan. It is also involved in the construction, repair, and maintenance of roads; operation of expressways and highway shops; and operation and management of marinas, cafes, beauty shops, and restaurants. In addition, the company engages in the solar power generation business; non-life insurance business; contracting repair works; contrac... 9632.T Profile

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