NSD CO.,LTD. Stock Forecast
Red day on Tuesday for NSD CO.,LTD.
(Updated on Apr 16, 2024)
The NSD CO.,LTD. stock price fell by -0.83% on the last day (Tuesday, 16th Apr 2024) from JP¥3,030.00 to JP¥3,005.00. During the last trading day the stock fluctuated 0.83% from a day low at JP¥2,995.00 to a day high of JP¥3,020.00. The price has fallen in 5 of the last 10 days and is down by -0.5% for this period. Volume has increased on the last day by 72 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 146 thousand shares were bought and sold for approximately JP¥438.73 million.
The stock lies in the middle of a strong 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 11.90% during the next 3 months and, with a 90% probability hold a price between JP¥3,237.58 and JP¥3,425.02 at the end of this 3-month period.
9759.T Signals & Forecast
A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -1.48%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The NSD 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¥3,017.86. On a fall, the stock will find some support from the long-term average at approximately JP¥2,952.49. 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.
Support, Risk & Stop-loss for NSD CO.,LTD. stock
NSD CO.,LTD. finds support from accumulated volume at JP¥2,870.00 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¥25.00 between high and low, or 0.83%. For the last week the stock has had daily average volatility of 1.20%.
Our recommended stop-loss: JP¥2,898.89 (-3.53%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (9759.T) For The Upcoming Trading Day Of Wednesday 17th
For the upcoming trading day on Wednesday, 17th we expect NSD CO.,LTD. to open at JP¥3,006.67, and during the day (based on 14 day Average True Range), to move between JP¥2,950.48 and JP¥3,059.52, which gives a possible trading interval of +/-JP¥54.52 (+/-1.81%) up or down from last closing price. If NSD CO.,LTD. takes out the full calculated possible swing range there will be an estimated 3.63% 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¥3,010.00 (0.17%) than the support at JP¥2,870.00 (4.49%), 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 NSD CO.,LTD. stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.246 Buy Candidate Unchanged
Predicted Opening Price for NSD CO.,LTD. of Wednesday, April 17, 2024
| Fair opening price April 17, 2024 | Current price |
|---|---|
| JP¥3,006.67 ( 0.0555%) | JP¥3,005.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 9759.T
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,031.67 | 0.89 % | |
| R2 | 3,022.12 | 0.570 % | ||
| R1 | 3,016.22 | 0.373 % | ||
| Current price: | 3,005.00 | |||
| Support | S1 | 2,997.12 | -0.262 % | |
| S2 | 2,991.22 | -0.459 % | ||
| S3 | 2,981.67 | -0.776 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 3,050.00 | 1.50 % | |
| R2 | 3,020.00 | 0.499 % | ||
| R1 | 3,010.00 | 0.166 % | ||
| Current price | 3,005.00 | |||
| Support | S1 | 2,870.00 | -4.49% | |
| S2 | 2,844.00 | -5.36% | ||
| S3 | 2,684.00 | -10.68% |
9759 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Mar 28, 2024 | JP¥0 | 0% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Mar 30, 2023 | JP¥57.00 | 2.41% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Sep 29, 2022 | JP¥10.00 | 0.402% |
| 4 | Mar 30, 2022 | Mar 30, 2022 | Mar 30, 2022 | JP¥52.00 | 2.36% |
| 5 | Mar 30, 2021 | Mar 30, 2021 | Mar 30, 2021 | JP¥42.00 | 2.23% |
FAQ
Click here for our free guide on how to buy NSD CO.,LTD. Stock.
