RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DQJCY
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Stronger technical forecast for Don Quijote Company., Ltd. (Japan) stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 11, 2024 Gain 16.51% PDF

The Don Quijote Company., Ltd. (Japan) stock price gained 4.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $26.29 to $27.59. During the last trading day the stock fluctuated 6.52% from a day low at $26.07 to a day high of $27.77. The price has risen in 7 of the last 10 days and is up by 15.77% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 68 thousand more shares were traded than the day before. In total, 104 thousand shares were bought and sold for approximately $2.88 million.

Given the current short-term trend, the stock is expected to rise 12.34% during the next 3 months and, with a 90% probability hold a price between $26.49 and $30.99 at the end of this 3-month period.

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DQJCY Signals & Forecast

Mostly positive signals in the chart today. The Don Quijote Company., Ltd. (Japan) 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 $26.45 and $24.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, January 26, 2024, and so far it has risen 28.39%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Don Quijote Company., Ltd. (Japan) stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.17 and $23.83. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Don Quijote Company., Ltd. (Japan) finds support just below today's level at $26.17. If this is broken, then the next support from accumulated volume will be at $23.83 and $23.31.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.70 between high and low, or 6.52%. For the last week, the stock has had daily average volatility of 5.29%.

The Don Quijote Company., Ltd. (Japan) stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $26.68 (-3.30%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 85 and this increases the risk substantially. There is a buy signal from a pivot bottom found 42 days ago.)

Trading Expectations (DQJCY) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Don Quijote Company., Ltd. (Japan) to open at $27.14, and during the day (based on 14 day Average True Range), to move between $26.45 and $28.73, which gives a possible trading interval of +/-$1.14 (+/-4.12%) up or down from last closing price. If Don Quijote Company., Ltd. (Japan) takes out the full calculated possible swing range there will be an estimated 8.23% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.17, some $1.42 (5.15%) from the current price of $27.59, our system finds the risk reward attractive.

Is Don Quijote Company., Ltd. (Japan) stock A Buy?

Don Quijote Company., Ltd. (Japan) holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 7.344 Strong Buy Candidate Upgraded

Predicted Opening Price for Don Quijote Company., Ltd. (Japan) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$27.14 ( 1.62%) $27.59

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DQJCY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.84 4.54 %
R2 28.19 2.19 %
R1 27.79 0.735 %
Current price: 27.59
Support S1 26.49 -3.97 %
S2 26.09 -5.43 %
S3 25.44 -7.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 27.59
Support S1 26.17 -5.15%
S2 23.83 -13.62%
S3 23.31 -15.51%

DQJCY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 28, 2023 Dec 28, 2023 Mar 01, 2024 $0.0192 0.0828%
2 Jun 29, 2023 Jun 29, 2023 Oct 13, 2023 $0.0748 0.384%
3 Dec 29, 2022 Dec 29, 2022 Apr 07, 2023 $0.0215 0.112%
4 Jun 29, 2022 Jun 29, 2022 Oct 14, 2022 $0.0663 0.378%
5 Dec 29, 2021 Dec 29, 2021 Dec 29, 2021 $0.0246 0.177%

FAQ

What is the symbol for Don Quijote Company., Ltd. (Japan) Stock and on which exchange is it traded?
The symbol for Don Quijote Company., Ltd. (Japan) is DQJCY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Don Quijote Company., Ltd. (Japan) Stock?
Don Quijote Company., Ltd. (Japan) holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Don Quijote Company., Ltd. (Japan) Stock?
Don Quijote Company., Ltd. (Japan) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Don Quijote Company., Ltd. (Japan) Stock.

What's the current price of Don Quijote Company., Ltd. (Japan) Stock?
As of the end of day on the 2024-03-27, the price of an Don Quijote Company., Ltd. (Japan) (DQJCY) share was $27.59.

What is the 52-week high and low for Don Quijote Company., Ltd. (Japan) Stock?
The 52-week high for Don Quijote Company., Ltd. (Japan) Stock is $27.77 and the 52-week low is $16.86.

What is the market capitalization of Don Quijote Company., Ltd. (Japan) Stock?
As of the 2024-03-27, the market capitalization of Don Quijote Company., Ltd. (Japan) is 15.69B.
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About Don Quijote Company., Ltd. (Japan)

Don Quijote Company. Ltd. (Japan) Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. It operates through three segments: Discount Store Business, General Merchandise Store (GMS) Business, and Rent Business. The Discount Store Business segment operates convenience and discount stores under the Don Quijote name; and general discount stores under the MEGA Don Quijote and MEGA Don Quijote UNY names. The GMS Business segment operate... DQJCY Profile

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