Nomura Holdings Inc ADR Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Nomura Holdings Inc ADR stock price up 0.769% on Monday
(Updated on Nov 11, 2024)
Buy candidate since Nov 05, 2024
Gain 5.36%
The Nomura Holdings Inc ADR stock price gained 0.769% on the last trading day (Monday, 11th Nov 2024), rising from $5.86 to $5.90. It has now gained 7 days in a row. It is not often that stock manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 0.85% from a day low at $5.87 to a day high of $5.92. The price has risen in 8 of the last 10 days and is up by 14.12% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 354 thousand shares were bought and sold for approximately $2.09 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 stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $5.59, a level that may pose a second chance to hit a runner. According to fan-theory $6.19 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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 $5.61 and $5.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, October 23, 2024, and so far it has risen 16.60%. 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 $5.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.0500 between high and low, or 0.85%. For the last week, the stock has had daily average volatility of 1.87%.
The Nomura Holdings Inc ADR stock is extremely overbought on RSI14 (80). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken. Since the Nomura Holdings Inc ADR has been rising for 7 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.
Our recommended stop-loss: $5.73 (-2.90%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 13 days ago.)
Trading Expectations (NMR) For The Upcoming Trading Day Of Tuesday 12th
For the upcoming trading day on Tuesday, 12th we expect Nomura Holdings Inc ADR to open at $5.90, and during the day (based on 14 day Average True Range), to move between $5.77 and $6.03, which gives a possible trading interval of +/-$0.129 (+/-2.19%) 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 4.38% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $5.80, some $0.100 (1.69%) from the current price of $5.90, our system finds the risk reward attractive.
Is Nomura Holdings Inc ADR stock A Buy?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.
Current score: 2.427 Buy Candidate Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on November 12, 2024 - $5.90 ( 0.0565%).Trading levels for NMR
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 5.95 | 0.791% |
R2 | 5.93 | 0.467% |
R1 | 5.92 | 0.267% |
Price | 5.90 | |
S1 | 5.88 | -0.380% |
S2 | 5.87 | -0.580% |
S3 | 5.85 | -0.90% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 0 | - |
Price | 5.90 | |
S1 | 5.80 | -1.69% |
S2 | 5.60 | -5.08% |
S3 | 5.38 | -8.81% |
NMR Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 13, 2024 | Mar 27, 2024 | Jun 13, 2024 | $0.0800 | 1.38% |
2 | Sep 06, 2023 | Sep 28, 2023 | Dec 11, 2023 | $0.0500 | 1.19% |
3 | Sep 29, 2021 | Sep 29, 2021 | Dec 11, 2017 | $0.0706 | 1.21% |
4 | Sep 26, 2007 | Sep 26, 2007 | Sep 26, 2007 | $0.0770 | 0.482% |
5 | Jun 27, 2007 | Jun 27, 2007 | Jun 27, 2007 | $0.0730 | 0.371% |
FAQ
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