Kabuki-Za Co.,Ltd. Stock Forecast
Evaluation of Kabuki-Za Co.,Ltd. stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
The Kabuki-Za Co.,Ltd. stock price fell by -0.106% on the last day (Friday, 28th Jun 2024) from JP¥4,715.00 to JP¥4,710.00. During the last trading day the stock fluctuated 0.213% from a day low at JP¥4,700.00 to a day high of JP¥4,710.00. The price has been going up and down for this period, and there has been a -0.21% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -900 shares and in total, 2 thousand shares were bought and sold for approximately JP¥8.95 million.
The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Kabuki-Za Co.,Ltd. stock with a 90% probability to be traded between JP¥4,703.97 and JP¥4,749.55 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
9661.T Signals & Forecast
The Kabuki-Za Co.,Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately JP¥4,713.57. On a fall, the stock will find some support from the long-term average at approximately JP¥4,696.86. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.212%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 2024.
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
The stock had a Golden Star Signal on Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 2024.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 Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 2024.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 Kabuki-Za Co.,Ltd. stock
Kabuki-Za Co.,Ltd. finds support from accumulated volume at JP¥4,700.00 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¥10.00 between high and low, or 0.213%. For the last week the stock has had daily average volatility of 0.509%.
Our recommended stop-loss: JP¥4,528.03 (-3.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (9661.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Kabuki-Za Co.,Ltd. to open at JP¥4,706.67, and during the day (based on 14 day Average True Range), to move between JP¥4,687.44 and JP¥4,732.56, which gives a possible trading interval of +/-JP¥22.56 (+/-0.48%) up or down from last closing price. If Kabuki-Za Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 0.96% 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¥4,715.00 (0.11%) than the support at JP¥4,700.00 (0.21%), 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 Kabuki-Za Co.,Ltd. stock A Buy?
Kabuki-Za 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.496 Hold/Accumulate Downgraded
Predicted Opening Price for Kabuki-Za Co.,Ltd. of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
JP¥4,706.67 ( 0.0708%) | JP¥4,710.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9661.T
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 4,716.67 | 0.142% |
R2 | 4,712.85 | 0.0604% |
R1 | 4,710.49 | 0.0103% |
Price | 4,710.00 | |
S1 | 4,702.85 | -0.152% |
S2 | 4,700.49 | -0.202% |
S3 | 4,696.67 | -0.283% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 4,720.00 | 0.212% |
R1 | 4,715.00 | 0.106% |
Price | 4,710.00 | |
S1 | 4,700.00 | -0.212% |
S2 | 4,685.00 | -0.531% |
S3 | 4,680.00 | -0.637% |
9661 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 27, 2025 | Feb 27, 2025 | Feb 27, 2025 | JP¥0 | 0% |
2 | Feb 28, 2024 | Feb 28, 2024 | Feb 28, 2024 | JP¥5.00 | 0.106% |
3 | Feb 27, 2023 | Feb 27, 2023 | Feb 27, 2023 | JP¥5.00 | 0.105% |
4 | Feb 25, 2022 | Feb 25, 2022 | Feb 25, 2022 | JP¥5.00 | 0.106% |
5 | Feb 25, 2021 | Feb 25, 2021 | Feb 25, 2021 | JP¥5.00 | 0.101% |
FAQ
Click here for our free guide on how to buy Kabuki-Za Co.,Ltd. Stock.