Dai-ichi Life Holdings, Inc. Stock Forecast
Dai-ichi Life Holdings, Inc. stock price up 0.242% on Thursday
(Updated on Jun 20, 2024)
The Dai-ichi Life Holdings, Inc. stock price gained 0.242% on the last trading day (Thursday, 20th Jun 2024), rising from $24.81 to $24.87. During the last trading day the stock fluctuated 0% from a day low at $24.87 to a day high of $24.87. The price has been going up and down for this period, and there has been a 1.72% gain for the last 2 weeks. Volume fell on the last day by -548 shares and in total, 500 shares were bought and sold for approximately $12.44 thousand. 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 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 2.67% during the next 3 months and, with a 90% probability hold a price between $23.17 and $28.15 at the end of this 3-month period.
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DLICY Signals & Forecast
The Dai-ichi Life Holdings, Inc. 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 $26.12. On a fall, the stock will find some support from the long-term average at approximately $24.21. 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 03, 2024, and so far it has fallen -9.08%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Dai-ichi Life Holdings, Inc. stock
Dai-ichi Life Holdings, Inc. finds support from accumulated volume at $24.06 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.209%.
Our recommended stop-loss: $23.51 (-5.48%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 31 days ago.)
Trading Expectations (DLICY) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Dai-ichi Life Holdings, Inc. to open at $24.87, and during the day (based on 14 day Average True Range), to move between $24.22 and $25.52, which gives a possible trading interval of +/-$0.654 (+/-2.63%) up or down from last closing price. If Dai-ichi Life Holdings, Inc. takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $25.47 (2.41%) than the support at $24.06 (3.26%), 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
Dai-ichi Life Holdings, Inc. will release earnings BMO on Monday, June 24, 2024. We will update the financials statements for Dai-ichi Life Holdings, Inc., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.31% in the first trading day after earnings release.
Is Dai-ichi Life Holdings, Inc. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Dai-ichi Life Holdings, Inc. stock to perform well in the short-term.
Current score: 1.364 Buy Candidate Unchanged
Predicted Opening Price for Dai-ichi Life Holdings, Inc. of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $24.87 ( 0%) | $24.87 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DLICY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.87 | - |
| R2 | 24.87 | - |
| R1 | 24.87 | - |
| Price | 24.87 | |
| S1 | 24.87 | - |
| S2 | 24.87 | - |
| S3 | 24.87 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.46 | 6.39% |
| R2 | 25.76 | 3.58% |
| R1 | 25.47 | 2.41% |
| Price | 24.87 | |
| S1 | 24.06 | -3.26% |
| S2 | 23.18 | -6.80% |
| S3 | 23.03 | -7.40% |
DLICY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 30, 2023 | Mar 30, 2023 | Jul 12, 2023 | $0.597 | 2.94% |
| 2 | Mar 29, 2022 | Mar 29, 2022 | Jul 06, 2022 | $0.609 | 3.27% |
| 3 | Mar 29, 2021 | Mar 29, 2021 | Jul 07, 2021 | $0.560 | 4.30% |
| 4 | Mar 27, 2020 | Mar 27, 2020 | Jul 08, 2020 | $0.582 | 4.47% |
| 5 | Mar 28, 2019 | Mar 28, 2019 | Jul 09, 2019 | $0.540 | 3.60% |
FAQ
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