Kura Sushi Usa Inc Stock Forecast

Sell candidate since Jan 08, 2025 Loss -9.26%

The Kura Sushi Usa Inc stock price fell by -2.47% on the last day (Wednesday, 15th Jan 2025) from $83.82 to $81.75. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 7.90% from a day low at $81.30 to a day high of $87.72. The price has fallen in 6 of the last 10 days and is down by -9.08% for this period. Volume has increased on the last day by 56 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, 187 thousand shares were bought and sold for approximately $15.27 million.

The stock has broken the very wide and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $83.52 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

Investment opportunities can be found at any hour. So, react immediately to market-moving news and capture more market opportunities when convenient for you. You can trade over 10,000 US Stocks and ETFs, US Equity Index options, US Treasuries – and more - around the clock. Interactive Brokers’ dual market centers ensure reliable and dependable overnight trading on your timetable. (Member SIPC)

KRUS 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 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 $90.40 and $97.03. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, January 06, 2025, and so far it has fallen -20.64%. Further fall is indicated until a new bottom pivot has been found. 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 Kura Sushi Usa Inc 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.

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 $6.42 between high and low, or 7.90%. For the last week, the stock has had daily average volatility of 8.99%.

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 Thursday 16th

For the upcoming trading day on Thursday, 16th we expect Kura Sushi Usa Inc to open at $83.59, and during the day (based on 14 day Average True Range), to move between $75.86 and $87.64, which gives a possible trading interval of +/-$5.89 (+/-7.20%) 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 14.40% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $90.09, some $8.34 (10.20%) from the current price of $81.75, our system finds the risk reward not very attractive.

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: -3.633 Sell Candidate Unchanged

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Predicted Fair Opening Price

Predicted fair opening price on January 16, 2025 - $83.59 ( 2.25%).