Fujifilm Hldgs Corp Stock Forecast
Evaluation of Fujifilm Hldgs Corp stock downgraded after the last trading session.
(Updated on Apr 18, 2024)
The Fujifilm Hldgs Corp stock price fell by -2.81% on the last day (Thursday, 18th Apr 2024) from $11.02 to $10.71. During the last trading day the stock fluctuated 4.08% from a day low at $10.42 to a day high of $10.85. The price has been going up and down for this period, and there has been a -2.01% 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 -165 thousand shares and in total, 56 thousand shares were bought and sold for approximately $604.79 thousand.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.67 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -47.06% during the next 3 months and, with a 90% probability hold a price between $0.88 and $28.72 at the end of this 3-month period.
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FUJIY Signals & Forecast
There are few to no technical positive signals at the moment. The Fujifilm Hldgs Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $10.99 and $46.11. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -84.48%. 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 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 Fujifilm Hldgs Corp stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.425 between high and low, or 4.08%. For the last week the stock has had daily average volatility of 3.03%.
Fujifilm Hldgs Corp is oversold on RSI14 (1). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FUJIY) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Fujifilm Hldgs Corp to open at $10.66, and during the day (based on 14 day Average True Range), to move between $7.95 and $13.47, which gives a possible trading interval of +/-$2.76 (+/-25.74%) up or down from last closing price. If Fujifilm Hldgs Corp takes out the full calculated possible swing range there will be an estimated 51.48% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $10.93, some $0.220 (2.05%) from the current price of $10.71, our system finds the risk reward not very attractive.
Is Fujifilm Hldgs Corp stock A Buy?
Fujifilm Hldgs Corp holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore 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 Sell to a Strong Sell candidate.
Current score: -5.559 Strong Sell Candidate Downgraded
Predicted Opening Price for Fujifilm Hldgs Corp of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $10.66 ( 0.482%) | $10.71 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FUJIY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.08 | 3.49 % | |
| R2 | 10.92 | 1.97 % | ||
| R1 | 10.82 | 1.03 % | ||
| Current price: | 10.71 | |||
| Support | S1 | 10.50 | -2.00 % | |
| S2 | 10.40 | -2.93 % | ||
| S3 | 10.23 | -4.45 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 11.16 | 4.20 % | |
| R2 | 11.02 | 2.89 % | ||
| R1 | 10.93 | 2.05 % | ||
| Current price | 10.71 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FUJIY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 28, 2023 | Sep 28, 2023 | Dec 18, 2023 | $0.385 | 3.96% |
| 2 | Mar 30, 2023 | Mar 30, 2023 | Jul 17, 2023 | $0.356 | 3.63% |
| 3 | Sep 29, 2022 | Sep 29, 2022 | Dec 16, 2022 | $0.322 | 3.73% |
| 4 | Sep 25, 2008 | Sep 25, 2008 | Sep 25, 2008 | $0.164 | 3.47% |
| 5 | Sep 26, 2007 | Sep 26, 2007 | Sep 26, 2007 | $0.152 | 2.01% |
FAQ
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