DTS CORPORATION 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
Evaluation of DTS CORPORATION stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
The DTS CORPORATION stock price gained 0.238% on the last trading day (Friday, 28th Jun 2024), rising from JP¥4,205.00 to JP¥4,215.00. During the last trading day the stock fluctuated 1.31% from a day low at JP¥4,195.00 to a day high of JP¥4,250.00. The price has risen in 7 of the last 10 days and is up by 0.36% over the past 2 weeks. Volume fell on the last day by -229 thousand shares and in total, 122 thousand shares were bought and sold for approximately JP¥514.23 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 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 3.63% during the next 3 months and, with a 90% probability hold a price between JP¥4,202.11 and JP¥4,585.50 at the end of this 3-month period.
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9682.T Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.590%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The DTS CORPORATION 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¥4,173.57 and JP¥4,163.43. A breakdown below any of these levels will issue sell signals. 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 DTS CORPORATION stock
DTS CORPORATION finds support from accumulated volume at JP¥4,205.00 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¥55.00 between high and low, or 1.31%. For the last week the stock has had daily average volatility of 1.83%.
Our recommended stop-loss: JP¥4,058.14 (-3.72%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 8 days ago.)
Trading Expectations (9682.T) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect DTS CORPORATION to open at JP¥4,220.00, and during the day (based on 14 day Average True Range), to move between JP¥4,131.21 and JP¥4,298.79, which gives a possible trading interval of +/-JP¥83.79 (+/-1.99%) up or down from last closing price. If DTS CORPORATION takes out the full calculated possible swing range there will be an estimated 3.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at JP¥4,205.00 (0.24%) than the resistance at JP¥4,255.00 (0.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is DTS CORPORATION stock A Buy?
DTS CORPORATION 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: 0.749 Hold/Accumulate Downgraded
Predicted Opening Price for DTS CORPORATION of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| JP¥4,220.00 ( 0.119%) | JP¥4,215.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9682.T
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,275.00 | 1.42% |
| R2 | 4,253.99 | 0.93% |
| R1 | 4,241.01 | 0.617% |
| Price | 4,215.00 | |
| S1 | 4,198.99 | -0.380% |
| S2 | 4,186.01 | -0.688% |
| S3 | 4,165.00 | -1.19% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,325.00 | 2.61% |
| R2 | 4,280.00 | 1.54% |
| R1 | 4,255.00 | 0.95% |
| Price | 4,215.00 | |
| S1 | 4,205.00 | -0.237% |
| S2 | 4,195.00 | -0.474% |
| S3 | 4,165.00 | -1.19% |
9682 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 26, 2024 | JP¥58.00 | 1.38% |
| 3 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | JP¥45.00 | 1.39% |
| 4 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥30.00 | 0.93% |
| 5 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥20.00 | 0.581% |
FAQ
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