Dai-ichi Life Holdings, Inc. 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=25a8ebeec01b7b81c6d8306e42bbbe090ea218b2)
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
Red day on Tuesday for Dai-ichi Life Holdings, Inc. stock after losing 0%
(Updated on Jun 25, 2024)
No changes to the price of Dai-ichi Life Holdings, Inc. stock on the last trading day (Tuesday, 25th Jun 2024). 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 fallen in 5 of the last 10 days and is down by -7.24% for this period.
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 4.74% during the next 3 months and, with a 90% probability hold a price between $23.85 and $28.84 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 $25.23. On a fall, the stock will find some support from the long-term average at approximately $24.37. 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. A buy signal was issued from a pivot bottom point on Tuesday, June 18, 2024, and so far it has risen 0.242%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". 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.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock 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%
Our recommended stop-loss: $23.40 (-5.90%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (DLICY) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th 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 $24.35 and $25.39, which gives a possible trading interval of +/-$0.524 (+/-2.11%) 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 4.22% 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.
Is Dai-ichi Life Holdings, Inc. stock A Buy?
Dai-ichi Life Holdings, Inc. 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.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Dai-ichi Life Holdings, Inc. of Wednesday, June 26, 2024
Fair opening price June 26, 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 | 26.16 | 5.19% |
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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