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 IX
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Orix Corp Ads stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 27, 2023 Gain 19.25% PDF

The Orix Corp Ads stock price fell by -0.0544% on the last day (Thursday, 28th Mar 2024) from $110.26 to $110.20. During the last trading day the stock fluctuated 0.777% from a day low at $109.42 to a day high of $110.27. The price has been going up and down for this period, and there has been a 4.25% gain for the last 2 weeks. Volume has increased on the last day by 11 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, 27 thousand shares were bought and sold for approximately $3.02 million.

The stock lies in the middle of a strong 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 20.58% during the next 3 months and, with a 90% probability hold a price between $130.11 and $138.11 at the end of this 3-month period.

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IX Signals & Forecast

The Orix Corp Ads 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 $110.98. On a fall, the stock will find some support from the long-term average at approximately $106.07. 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. 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 Wednesday, March 20, 2024, and so far it has fallen -2.15%. Further fall is indicated until a new bottom pivot has been found. 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. The stock had a Golden Star Signal on Wednesday, December 20, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, December 20, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Orix Corp Ads stock

Orix Corp Ads finds support from accumulated volume at $108.54 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.85 (0.777%) between high and low. For the last week, the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: $106.28 (-3.56%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (IX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Orix Corp Ads to open at $109.96, and during the day (based on 14 day Average True Range), to move between $108.36 and $112.04, which gives a possible trading interval of +/-$1.84 (+/-1.67%) up or down from last closing price. If Orix Corp Ads takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $110.40 (0.18%) than the support at $108.54 (1.51%), 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 Orix Corp Ads stock A Buy?

Orix Corp Ads holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.010 Hold/Accumulate Downgraded

Predicted Opening Price for Orix Corp Ads of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$109.96 ( 0.215%) $110.20

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

Trading levels for IX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 110.81 0.557 %
R2 110.49 0.262 %
R1 110.29 0.0799 %
Current price: 110.20
Support S1 109.64 -0.509 %
S2 109.44 -0.691 %
S3 109.11 -0.99 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 111.29 0.99 %
R2 110.45 0.227 %
R1 110.40 0.181 %
Current price 110.20
Support S1 108.54 -1.51%
S2 105.64 -4.14%
S3 96.15 -12.75%

IX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 15, 2023 Sep 28, 2023 Dec 14, 2023 $1.25 1.34%
2 Mar 09, 2023 Mar 30, 2023 Jun 12, 2023 $1.22 1.37%
3 Sep 15, 2022 Sep 29, 2022 Dec 13, 2022 $1.33 1.62%
4 Mar 27, 2008 Mar 27, 2008 Mar 27, 2008 $1.21 17.55%
5 Mar 28, 2007 Mar 28, 2007 Mar 28, 2007 $0.537 4.07%

FAQ

What is the symbol for Orix Corp Ads Stock and on which exchange is it traded?
The symbol for Orix Corp Ads is IX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Orix Corp Ads Stock?
Orix Corp Ads holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Orix Corp Ads Stock?
Orix Corp Ads Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Orix Corp Ads Stock.

What's the current price of Orix Corp Ads Stock?
As of the end of day on the 2024-03-28, the price of an Orix Corp Ads (IX) share was $110.20.

What is the 52-week high and low for Orix Corp Ads Stock?
The 52-week high for Orix Corp Ads Stock is $113.43 and the 52-week low is $81.05.

What is the market capitalization of Orix Corp Ads Stock?
As of the 2024-03-28, the market capitalization of Orix Corp Ads is 25.15B.

When is the next earnings date for Orix Corp Ads?
The upcoming earnings date for Orix Corp Ads is May 08, 2024.
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About Orix Corp Ads

Orix  Ads ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and servic... IX Profile

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