NTT System S.A. Stock Forecast
NTT System S.A. stock upgraded to Buy Candidate.
(Updated on Jun 27, 2024)
No changes to the price of NTT System S.A. stock on the last trading day (Thursday, 27th Jun 2024). During the last trading day the stock fluctuated 1.32% from a day low at 7.58zł to a day high of 7.68zł. The price has fallen in 5 of the last 10 days but is still up by 0.52% over the past 2 weeks.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 24.45% during the next 3 months and, with a 90% probability hold a price between 9.34zł and 10.02zł at the end of this 3-month period.
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NTT.WA Signals & Forecast
The NTT System S.A. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 7.76zł. On a fall, the stock will find some support from the long-term average at approximately 7.60zł. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -3.28%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for NTT System S.A. stock
On the downside, the stock finds support just below today's level from accumulated volume at 7.06zł and 6.88zł. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NTT System S.A. finds support just below today's level at 7.06zł. If this is broken, then the next support from accumulated volume will be at 6.88zł and 6.48zł.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.1000zł between high and low, or 1.32%. For the last week the stock has had daily average volatility of 1.95%
Our recommended stop-loss: 7.33zł (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)
Trading Expectations (NTT.WA) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect NTT System S.A. to open at 7.64zł, and during the day (based on 14 day Average True Range), to move between 7.44zł and 7.88zł, which gives a possible trading interval of +/-0.218zł (+/-2.84%) up or down from last closing price. If NTT System S.A. takes out the full calculated possible swing range there will be an estimated 5.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 7.76zł (1.31%) than the support at 7.06zł (7.83%), 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 NTT System S.A. stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for NTT System S.A. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.044 Buy Candidate Upgraded
Predicted Opening Price for NTT System S.A. of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
7.64zł ( 0.261%) | 7.66zł |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for NTT.WA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 7.74 | 1.04% |
R2 | 7.70 | 0.546% |
R1 | 7.68 | 0.238% |
Price | 7.66 | |
S1 | 7.60 | -0.760% |
S2 | 7.58 | -1.07% |
S3 | 7.54 | -1.57% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 7.86 | 2.61% |
R2 | 7.82 | 2.09% |
R1 | 7.76 | 1.31% |
Price | 7.66 | |
S1 | 7.06 | -7.83% |
S2 | 6.88 | -10.18% |
S3 | 6.48 | -15.40% |
NTT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Sep 26, 2023 | Sep 26, 2023 | Sep 26, 2023 | 0.0700zł | 1.35% |
2 | Sep 27, 2022 | Sep 27, 2022 | Sep 27, 2022 | 0.300zł | 7.30% |
3 | Sep 27, 2021 | Sep 27, 2021 | Sep 27, 2021 | 0.150zł | 2.57% |
4 | Sep 24, 2019 | Sep 24, 2019 | Sep 24, 2019 | 0.110zł | 5.12% |
5 | Sep 11, 2018 | Sep 11, 2018 | Sep 11, 2018 | 0.120zł | 4.62% |
FAQ
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