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 MRAAY
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Red day on Thursday for Murata Manufacturing Company., Ltd
(Updated on Mar 28, 2024)

Sell candidate since Mar 07, 2024 Loss -3.32% PDF

The Murata Manufacturing Company., Ltd stock price fell by -0.745% on the last day (Thursday, 28th Mar 2024) from $9.40 to $9.33. During the last trading day the stock fluctuated 2.37% from a day low at $9.28 to a day high of $9.50. The price has been going up and down for this period, and there has been a -0.85% loss for the last 2 weeks. 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 -171 thousand shares and in total, 234 thousand shares were bought and sold for approximately $2.18 million.

The stock lies in the middle of a 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 -7.66% during the next 3 months and, with a 90% probability hold a price between $8.33 and $9.12 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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MRAAY Signals & Forecast

There are few to no technical positive signals at the moment. The Murata Manufacturing Company., Ltd 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 $9.49 and $9.80. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, January 24, 2024, and so far it has fallen -10.97%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Murata Manufacturing Company., Ltd 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 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 $0.220 (2.37%) between high and low. For the last week, the stock has had daily average volatility of 1.91%.

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

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

For the upcoming trading day on Monday, 1st we expect Murata Manufacturing Company., Ltd to open at $9.37, and during the day (based on 14 day Average True Range), to move between $9.07 and $9.59, which gives a possible trading interval of +/-$0.259 (+/-2.78%) up or down from last closing price. If Murata Manufacturing Company., Ltd takes out the full calculated possible swing range there will be an estimated 5.56% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $9.78, some $0.450 (4.82%) from the current price of $9.33, our system finds the risk reward not very attractive.

Is Murata Manufacturing Company., Ltd stock A Buy?

Murata Manufacturing Company., Ltd holds several negative signals and is within a 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: -4.576 Sell Candidate Unchanged

Predicted Opening Price for Murata Manufacturing Company., Ltd of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$9.37 ( 0.429%) $9.33

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

Trading levels for MRAAY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.59 2.79 %
R2 9.51 1.89 %
R1 9.45 1.33 %
Current price: 9.33
Support S1 9.29 -0.472 %
S2 9.23 -1.03 %
S3 9.15 -1.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.24 9.75 %
R2 9.90 6.11 %
R1 9.78 4.82 %
Current price 9.33
Support S1 0 .
S2 0 .
S3 0 .

MRAAY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 28, 2023 Sep 28, 2023 Dec 11, 2023 $0.0500 0.513%
2 Mar 30, 2023 Mar 30, 2023 Jul 17, 2023 $0.0545 0.561%
3 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 $0.135 1.74%
4 Mar 29, 2022 Mar 29, 2022 Mar 29, 2022 $0.128 1.12%
5 Sep 28, 2021 Sep 28, 2021 Sep 28, 2021 $0.132 0.91%

FAQ

What is the symbol for Murata Manufacturing Company., Ltd Stock and on which exchange is it traded?
The symbol for Murata Manufacturing Company., Ltd is MRAAY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Murata Manufacturing Company., Ltd Stock?
Murata Manufacturing Company., Ltd holds several negative signals and is within a 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 Murata Manufacturing Company., Ltd Stock?
Murata Manufacturing Company., Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Murata Manufacturing Company., Ltd Stock.

What's the current price of Murata Manufacturing Company., Ltd Stock?
As of the end of day on the 2024-03-28, the price of an Murata Manufacturing Company., Ltd (MRAAY) share was $9.33.

What is the 52-week high and low for Murata Manufacturing Company., Ltd Stock?
The 52-week high for Murata Manufacturing Company., Ltd Stock is $15.63 and the 52-week low is $8.08.

What is the market capitalization of Murata Manufacturing Company., Ltd Stock?
As of the 2024-03-28, the market capitalization of Murata Manufacturing Company., Ltd is 35.253B.
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About Murata Manufacturing Company., Ltd

Murata Manufacturing Company. Ltd Murata Manufacturing Co., Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Modules, and Others segments. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mec... MRAAY Profile

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