Taya Investment Co., Ltd. Stock Forecast
Taya Investment Co., Ltd. stock price ended at ₪5,843.00 on Thursday, after losing 0.629%.
(Updated on Jun 27, 2024)
The Taya Investment Co., Ltd. stock price fell by -0.629% on the last day (Thursday, 27th Jun 2024) from ₪5,880.00 to ₪5,843.00. During the last trading day the stock fluctuated 5.26% from a day low at ₪5,700.00 to a day high of ₪6,000.00. The price has fallen in 6 of the last 10 days but is still up by 2.4% over the past 2 weeks. Volume has increased on the last day by 76 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 93 shares were bought and sold for approximately ₪543.40 thousand.
The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₪5,721.08 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 20.71% during the next 3 months and, with a 90% probability hold a price between ₪6,906.01 and ₪7,808.81 at the end of this 3-month period.
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TAYA.TA Signals & Forecast
There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, May 29, 2024, and so far it has fallen -3.02%. 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). Taya Investment Co., Ltd. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The Taya Investment Co., 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 ₪5,841.43 and ₪5,693.43. A breakdown below any of these levels will issue sell signals.
Support, Risk & Stop-loss for Taya Investment Co., Ltd. stock
Taya Investment Co., Ltd. finds support from accumulated volume at ₪5,700.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 ₪300.00 (5.26%) between high and low. For the last week, the stock has had daily average volatility of 4.53%.
Our recommended stop-loss: ₪5,559.03 (-4.86%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 66 days ago.)
Trading Expectations (TAYA.TA) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Taya Investment Co., Ltd. to open at ₪5,847.67, and during the day (based on 14 day Average True Range), to move between ₪5,644.73 and ₪6,041.27, which gives a possible trading interval of +/-₪198.27 (+/-3.39%) up or down from last closing price. If Taya Investment Co., Ltd. takes out the full calculated possible swing range there will be an estimated 6.79% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at ₪5,913.00 (1.20%) than the support at ₪5,700.00 (2.45%), 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.
Earnings coming up
Taya Investment Co., Ltd. will release earnings BMO on Monday, July 01, 2024. We will update the financials statements for Taya Investment Co., Ltd., that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.30% in the first trading day after earnings release.
Is Taya Investment Co., 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 Taya Investment Co., Ltd. stock to perform well in the short-term.
Current score: 1.675 Buy Candidate Unchanged
Predicted Opening Price for Taya Investment Co., Ltd. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| ₪5,847.67 ( 0.0799%) | ₪5,843.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TAYA.TA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6,147.67 | 5.21% |
| R2 | 6,033.07 | 3.25% |
| R1 | 5,962.27 | 2.04% |
| Price | 5,843.00 | |
| S1 | 5,733.07 | -1.88% |
| S2 | 5,662.27 | -3.09% |
| S3 | 5,547.67 | -5.05% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6,025.00 | 3.11% |
| R2 | 6,006.00 | 2.79% |
| R1 | 5,913.00 | 1.20% |
| Price | 5,843.00 | |
| S1 | 5,700.00 | -2.45% |
| S2 | 5,699.00 | -2.46% |
| S3 | 5,675.00 | -2.88% |
TAYA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 18, 2024 | Jun 18, 2024 | Jun 27, 2024 | ₪80.00 | 1.33% |
| 2 | Dec 09, 2019 | Dec 09, 2019 | Dec 09, 2019 | ₪95.00 | 1.43% |
| 3 | Aug 27, 2019 | Aug 27, 2019 | Aug 27, 2019 | ₪130.00 | 2.13% |
| 4 | Jun 10, 2019 | Jun 10, 2019 | Jun 10, 2019 | ₪65.00 | 1.10% |
| 5 | Apr 08, 2019 | Apr 08, 2019 | Apr 08, 2019 | ₪33.00 | 0.535% |
FAQ
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