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 KRUS
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Green day on Monday for Kura Sushi Usa Inc
(Updated on Jul 22, 2024)

Sell candidate since Jun 06, 2024 Loss -44.13% PDF

The Kura Sushi Usa Inc stock price gained 0.171% on the last trading day (Monday, 22nd Jul 2024), rising from $52.53 to $52.62. During the last trading day the stock fluctuated 3.55% from a day low at $51.55 to a day high of $53.38. The price has fallen in 6 of the last 10 days and is down by -15.07% for this period. Volume fell on the last day by -22 thousand shares and in total, 143 thousand shares were bought and sold for approximately $7.52 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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. Given the current short-term trend, the stock is expected to fall -48.72% during the next 3 months and, with a 90% probability hold a price between $20.76 and $35.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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KRUS Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 10, 2024, and so far it has risen 7.23%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kura Sushi Usa Inc 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 $53.71 and $73.93. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Kura Sushi Usa Inc stock

Kura Sushi Usa Inc finds support from accumulated volume at $52.53 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 $1.83 between high and low, or 3.55%. For the last week, the stock has had daily average volatility of 6.85%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KRUS) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Kura Sushi Usa Inc to open at $52.52, and during the day (based on 14 day Average True Range), to move between $48.14 and $57.10, which gives a possible trading interval of +/-$4.48 (+/-8.51%) up or down from last closing price. If Kura Sushi Usa Inc takes out the full calculated possible swing range there will be an estimated 17.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $52.53 (0.17%) than the resistance at $55.03 (4.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kura Sushi Usa Inc stock A Buy?

Kura Sushi Usa Inc 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: -4.404 Sell Candidate Unchanged

Predicted Opening Price for Kura Sushi Usa Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$52.52 ( 0.197%) $52.62

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

Trading levels for KRUS

Fibonacci Support & Resistance Levels

Level Price
R3 54.35 3.28%
R2 53.65 1.95%
R1 53.22 1.13%
Price 52.62
S1 51.82 -1.53%
S2 51.38 -2.35%
S3 50.69 -3.68%

Accumulated Volume Support & Resistance Levels

Level Price
R3 63.09 19.90%
R2 58.47 11.12%
R1 55.03 4.58%
Price 52.62
S1 52.53 -0.171%
S2 52.15 -0.89%
S3 49.07 -6.75%

FAQ

What is the symbol for Kura Sushi Usa Inc Stock and on which exchange is it traded?
The symbol for Kura Sushi Usa Inc is KRUS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kura Sushi Usa Inc Stock?
Kura Sushi Usa Inc 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.

How to buy Kura Sushi Usa Inc Stock?
Kura Sushi Usa Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kura Sushi Usa Inc Stock.

What's the current price of Kura Sushi Usa Inc Stock?
As of the end of day on the Jul 22, 2024, the price of an Kura Sushi Usa Inc (KRUS) share was $52.62.

What is the 52-week high and low for Kura Sushi Usa Inc Stock?
The 52-week high for Kura Sushi Usa Inc Stock is $122.81 and the 52-week low is $49.01.

What is the market capitalization of Kura Sushi Usa Inc Stock?
As of the Jul 22, 2024, the market capitalization of Kura Sushi Usa Inc is 590.694M.

When is the next earnings date for Kura Sushi Usa Inc?
The upcoming earnings date for Kura Sushi Usa Inc is Nov 13, 2024.
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About Kura Sushi Usa Inc

Kura Sushi Usa Kura Sushi USA, Inc. operates technology-enabled Japanese restaurants in the United States. The company's restaurants provide Japanese cuisine through an engaging revolving sushi service model, which is known as ‘Kura Experience'. As of August 31, 2021, it operated 33 restaurants in nine states and Washington DC. The company was formerly known as Kula Sushi USA, Inc. and changed its name to Kura Sushi USA, Inc. in October 2017. The company was f... KRUS Profile

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