Fujifilm Hldgs Corp 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:
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
Fujifilm Hldgs Corp stock price ended at $10.57 on Wednesday, after losing 0.471%.
(Updated on May 01, 2024)
The Fujifilm Hldgs Corp stock price fell by -0.471% on the last day (Wednesday, 1st May 2024) from $10.62 to $10.57. During the last trading day the stock fluctuated 4.54% from a day low at $10.57 to a day high of $11.05. The price has fallen in 6 of the last 10 days and is down by -4.08% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -141 thousand shares and in total, 72 thousand shares were bought and sold for approximately $761.30 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.
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FUJIY Signals & Forecast
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. The Fujifilm Hldgs Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.68 and $31.94. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -84.69%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Fujifilm Hldgs Corp stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.480 between high and low, or 4.54%. For the last week the stock has had daily average volatility of 3.89%
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 Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Fujifilm Hldgs Corp to open at $10.73, and during the day (based on 14 day Average True Range), to move between $8.94 and $12.20, which gives a possible trading interval of +/-$1.63 (+/-15.46%) up or down from last closing price. If Fujifilm Hldgs Corp takes out the full calculated possible swing range there will be an estimated 30.92% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $10.62, some $0.0500 (0.47%) from the current price of $10.57, our system finds the risk reward not very attractive.
Earnings coming up
Fujifilm Hldgs Corp will release earnings -- on Wednesday, May 08, 2024. We will update the financials statements for Fujifilm Hldgs Corp, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.25% in the first trading day after earnings release.
Is Fujifilm Hldgs Corp stock A Buy?
Fujifilm Hldgs Corp holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.140 Sell Candidate Unchanged
Predicted Opening Price for Fujifilm Hldgs Corp of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $10.73 ( 1.51%) | $10.57 |
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 | 11.21 | 6.05 % | |
| R2 | 11.03 | 4.32 % | ||
| R1 | 10.91 | 3.25 % | ||
| Current price: | 10.57 | |||
| Support | S1 | 10.55 | -0.221 % | |
| S2 | 10.43 | -1.29 % | ||
| S3 | 10.25 | -3.03 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.02 | 4.26 % | |
| R2 | 10.93 | 3.41 % | ||
| R1 | 10.62 | 0.473 % | ||
| Current price | 10.57 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
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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