Sekisui House Ltd Stock Forecast
Sekisui House Ltd stock price ended at $23.73 on Thursday, after gaining 2.28%.
(Updated on May 02, 2024)
The Sekisui House Ltd stock price gained 2.28% on the last trading day (Thursday, 2nd May 2024), rising from $23.20 to $23.73. During the last trading day the stock fluctuated 2.06% from a day low at $23.51 to a day high of $24.00. The price has risen in 7 of the last 10 days and is up by 9.41% over the past 2 weeks. Volume fell on the last day by -21 thousand shares and in total, 29 thousand shares were bought and sold for approximately $687.34 thousand. 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 upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $24.09 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 4.38% during the next 3 months and, with a 90% probability hold a price between $22.81 and $25.14 at the end of this 3-month period.
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SKHSY Signals & Forecast
The Sekisui House Ltd 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 $23.16 and $22.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 9.41%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Tuesday, June 27, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, June 27, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Sekisui House Ltd stock
Sekisui House Ltd finds support from accumulated volume at $23.05 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 controlled movements and therefore the general risk is considered 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 $0.485 between high and low, or 2.06%. For the last week the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: $22.92 (-3.40%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (SKHSY) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Sekisui House Ltd to open at $23.75, and during the day (based on 14 day Average True Range), to move between $23.16 and $24.30, which gives a possible trading interval of +/-$0.568 (+/-2.39%) up or down from last closing price. If Sekisui House Ltd takes out the full calculated possible swing range there will be an estimated 4.78% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $23.05, some $0.680 (2.87%) from the current price of $23.73, our system finds the risk reward attractive.
Is Sekisui House Ltd 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 Sekisui House Ltd stock to perform well in the short-term.
Current score: 4.014 Buy Candidate Unchanged
Predicted Opening Price for Sekisui House Ltd of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $23.75 ( 0.0632%) | $23.73 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SKHSY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 24.23 | 2.11 % | |
| R2 | 24.04 | 1.33 % | ||
| R1 | 23.93 | 0.84 % | ||
| Current price: | 23.73 | |||
| Support | S1 | 23.56 | -0.718 % | |
| S2 | 23.45 | -1.20 % | ||
| S3 | 23.26 | -1.98 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 23.73 | |||
| Support | S1 | 23.05 | -2.87% | |
| S2 | 22.85 | -3.71% | ||
| S3 | 22.70 | -4.34% |
SKHSY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 29, 2023 | Jul 28, 2023 | Dec 08, 2023 | $0.330 | 1.58% |
| 2 | Jan 30, 2023 | Jan 30, 2023 | May 08, 2023 | $0.343 | 1.65% |
| 3 | Jul 28, 2022 | Jul 28, 2022 | Oct 11, 2022 | $0.285 | 1.70% |
| 4 | Jul 26, 2006 | Jul 26, 2006 | Jul 26, 2006 | $0.0870 | 0.637% |
| 5 | Jul 27, 2005 | Jul 27, 2005 | Jul 27, 2005 | $0.0890 | 0.88% |
FAQ
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