Nomura Holdings Inc ADR Stock Forecast
Nomura Holdings Inc ADR stock price ended at $5.98 on Friday, after gaining 0.168%.
(Updated on May 24, 2024)
The Nomura Holdings Inc ADR stock price gained 0.168% on the last trading day (Friday, 24th May 2024), rising from $5.97 to $5.98. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.673% from a day low at $5.96 to a day high of $6.00. The price has risen in 8 of the last 10 days and is up by 4.55% over the past 2 weeks. Volume fell on the last day by -176 thousand shares and in total, 472 thousand shares were bought and sold for approximately $2.82 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 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 -5.17% during the next 3 months and, with a 90% probability hold a price between $5.19 and $6.00 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
NMR Signals & Forecast
Mostly positive signals in the chart today. The Nomura Holdings Inc ADR stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.91 and $5.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 7.36%. 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.
Support, Risk & Stop-loss for Nomura Holdings Inc ADR stock
Nomura Holdings Inc ADR finds support from accumulated volume at $5.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0401 between high and low, or 0.673%. For the last week the stock has had daily average volatility of 1.27%.
Our recommended stop-loss: $5.78 (-3.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 45 days ago.)
Trading Expectations (NMR) For The Upcoming Trading Day Of Tuesday 28th
For the upcoming trading day on Tuesday, 28th we expect Nomura Holdings Inc ADR to open at $5.98, and during the day (based on 14 day Average True Range), to move between $5.87 and $6.09, which gives a possible trading interval of +/-$0.111 (+/-1.85%) up or down from last closing price. If Nomura Holdings Inc ADR takes out the full calculated possible swing range there will be an estimated 3.71% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $6.09 (1.84%) than the support at $5.87 (1.84%), 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 Nomura Holdings Inc ADR stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Current score: 1.508 Buy Candidate Unchanged
Predicted Opening Price for Nomura Holdings Inc ADR of Tuesday, May 28, 2024
| Fair opening price May 28, 2024 | Current price |
|---|---|
| $5.98 ( 0.0006%) | $5.98 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NMR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.02 | 0.671 % | |
| R2 | 6.00 | 0.415 % | ||
| R1 | 6.00 | 0.257 % | ||
| Current price: | 5.98 | |||
| Support | S1 | 5.96 | -0.256 % | |
| S2 | 5.96 | -0.414 % | ||
| S3 | 5.94 | -0.670 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.17 | 3.18 % | |
| R2 | 6.14 | 2.68 % | ||
| R1 | 6.09 | 1.84 % | ||
| Current price | 5.98 | |||
| Support | S1 | 5.87 | -1.84% | |
| S2 | 5.77 | -3.51% | ||
| S3 | 5.71 | -4.52% |
NMR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 06, 2023 | Sep 28, 2023 | Dec 11, 2023 | $0.0500 | 1.19% |
| 2 | Sep 29, 2021 | Sep 29, 2021 | Dec 11, 2017 | $0.0706 | 1.21% |
| 3 | Sep 26, 2007 | Sep 26, 2007 | Sep 26, 2007 | $0.0770 | 0.482% |
| 4 | Jun 27, 2007 | Jun 27, 2007 | Jun 27, 2007 | $0.0730 | 0.371% |
| 5 | Mar 28, 2007 | Mar 28, 2007 | Mar 28, 2007 | $0.164 | 0.773% |
FAQ
Click here for our free guide on how to buy Nomura Holdings Inc ADR Stock.
