RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WJRYY
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High volatility in West Japan Railway Company stock price on Thursday which ended trading at $41.61
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The West Japan Railway Company stock price fell by -4.22% on the last day (Thursday, 28th Mar 2024) from $43.44 to $41.61. During the last trading day the stock fluctuated 12.84% from a day low at $37.22 to a day high of $42.00. The price has been going up and down for this period, and there has been a -2.47% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -19 thousand shares and in total, 6 thousand shares were bought and sold for approximately $258.03 thousand.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $41.06 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 3.20% during the next 3 months and, with a 90% probability hold a price between $42.37 and $45.91 at the end of this 3-month period.

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WJRYY Signals & Forecast

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. The West Japan Railway Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $43.33 and $42.19. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -6.17%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for West Japan Railway Company stock

West Japan Railway Company finds support from accumulated volume at $41.28 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 $4.78 between high and low, or 12.84%. For the last week the stock has had daily average volatility of 4.96%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WJRYY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect West Japan Railway Company to open at $40.28, and during the day (based on 14 day Average True Range), to move between $40.06 and $43.15, which gives a possible trading interval of +/-$1.54 (+/-3.70%) up or down from last closing price. If West Japan Railway Company takes out the full calculated possible swing range there will be an estimated 7.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $41.62 (0.04%) than the support at $41.28 (0.78%), 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 West Japan Railway Company stock A Buy?

The West Japan Railway Company stock holds several negative signals and despite the positive trend, we believe West Japan Railway Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.076 Sell Candidate Downgraded

Predicted Opening Price for West Japan Railway Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$40.28 ( 3.20%) $41.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for WJRYY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 45.06 8.29 %
R2 43.23 3.90 %
R1 42.10 1.19 %
Current price: 41.61
Support S1 38.45 -7.59 %
S2 37.32 -10.30 %
S3 35.50 -14.69 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 43.44 4.41 %
R2 41.66 0.132 %
R1 41.62 0.0361 %
Current price 41.61
Support S1 41.28 -0.781%
S2 41.16 -1.07%
S3 41.13 -1.15%

WJRYY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 28, 2023 Sep 28, 2023 Dec 19, 2023 $0.281 0.703%
2 Mar 30, 2023 Mar 30, 2023 Jul 11, 2023 $0.391 0.94%
3 Sep 29, 2022 Sep 29, 2022 Dec 19, 2022 $0.268 0.637%
4 Sep 28, 2021 Sep 28, 2021 Sep 28, 2021 $0.443 0.94%
5 Mar 29, 2021 Mar 29, 2021 Mar 29, 2021 $0.451 0.767%

FAQ

What is the symbol for West Japan Railway Company Stock and on which exchange is it traded?
The symbol for West Japan Railway Company is WJRYY and it is traded on the PINK (Pink Sheets).

Should I buy or sell West Japan Railway Company Stock?
The West Japan Railway Company stock holds several negative signals and despite the positive trend, we believe West Japan Railway Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy West Japan Railway Company Stock?
West Japan Railway Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy West Japan Railway Company Stock.

What's the current price of West Japan Railway Company Stock?
As of the end of day on the 2024-03-28, the price of an West Japan Railway Company (WJRYY) share was $41.61.

What is the 52-week high and low for West Japan Railway Company Stock?
The 52-week high for West Japan Railway Company Stock is $46.19 and the 52-week low is $36.09.

What is the market capitalization of West Japan Railway Company Stock?
As of the 2024-03-28, the market capitalization of West Japan Railway Company is 10.512B.

When is the next earnings date for West Japan Railway Company?
The upcoming earnings date for West Japan Railway Company is Apr 26, 2024.
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About West Japan Railway Company

West Japan Railway Company West Japan Railway Company provides passenger railway transport services in Japan. The company operates through Transportation Operations, Retail Business, Real Estate Business, and Other Businesses segments. It operates a route length of 4,903.1 kilometers, comprising Shinkansen route of 812.6 kilometers and conventional lines of 4,090.5 kilometers; and 1,174 stations, as well as bus and ferry services. The company also engages in the selling of... WJRYY Profile

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