Fujifilm Hldgs Corp Stock Forecast
Red day on Monday for Fujifilm Hldgs Corp
(Updated on Apr 15, 2024)
The Fujifilm Hldgs Corp stock price fell by -0.417% on the last day (Monday, 15th Apr 2024) from $11.16 to $11.11. During the last trading day the stock fluctuated 2.98% from a day low at $11.07 to a day high of $11.40. The price has fallen in 5 of the last 10 days and is down by -83.77% for this period. Volume has increased on the last day by 87 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, 152 thousand shares were bought and sold for approximately $1.69 million.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $6.02 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -37.89% during the next 3 months and, with a 90% probability hold a price between $3.74 and $38.71 at the end of this 3-month period.
FUJIY Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 03, 2024, and so far it has risen 1.68%. 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. The Fujifilm Hldgs Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $50.70. On a fall, the stock will find some support from the short-term average at $11.08. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. 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.
Support, Risk & Stop-loss for Fujifilm Hldgs Corp stock
Fujifilm Hldgs Corp finds support from accumulated volume at $11.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.330 between high and low, or 2.98%. For the last week, the stock has had daily average volatility of 3.75%.
Fujifilm Hldgs Corp is oversold on RSI14 (5). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FUJIY) For The Upcoming Trading Day Of Tuesday 16th
For the upcoming trading day on Tuesday, 16th we expect Fujifilm Hldgs Corp to open at $11.19, and during the day (based on 14 day Average True Range), to move between $7.77 and $14.45, which gives a possible trading interval of +/-$3.34 (+/-30.05%) up or down from last closing price. If Fujifilm Hldgs Corp takes out the full calculated possible swing range there will be an estimated 60.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $11.16 (0.42%) than the support at $11.06 (0.48%), 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 Fujifilm Hldgs Corp stock A Buy?
Fujifilm Hldgs Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -4.332 Sell Candidate Unchanged
Predicted Opening Price for Fujifilm Hldgs Corp of Tuesday, April 16, 2024
| Fair opening price April 16, 2024 | Current price |
|---|---|
| $11.19 ( 0.729%) | $11.11 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FUJIY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.52 | 3.70 % | |
| R2 | 11.40 | 2.56 % | ||
| R1 | 11.32 | 1.86 % | ||
| Current price: | 11.11 | |||
| Support | S1 | 11.07 | -0.405 % | |
| S2 | 10.99 | -1.11 % | ||
| S3 | 10.86 | -2.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 11.16 | 0.418 % | ||
| Current price | 11.11 | |||
| Support | S1 | 11.06 | -0.481% | |
| S2 | 11.04 | -0.661% | ||
| S3 | 10.93 | -1.65% |
FUJIY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 28, 2023 | Sep 28, 2023 | Dec 18, 2023 | $0.385 | 3.96% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Jul 17, 2023 | $0.356 | 3.63% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Dec 16, 2022 | $0.322 | 3.73% |
| 4 | Sep 25, 2008 | Sep 25, 2008 | Sep 25, 2008 | $0.164 | 3.47% |
| 5 | Sep 26, 2007 | Sep 26, 2007 | Sep 26, 2007 | $0.152 | 2.01% |
FAQ
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