Disclaimer Statement

Updated:

Author: Engineer USC

WJRYF Stock Forecast & West Japan Railway Chart Analysis

This article provides a detailed analysis of WJRYF-West Japan Railway stock including a forecast for WJRYF shares. It features West Japan Railway Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

WJRYF Historical Data Review

WJRYF Current Price Performance Analysis

The West Japan Railway - WJRYF stock traded on the American stock market, on 03-08-2024, closed at 41.3$ with no change compared to the previous day.

In the last month, the price of WJRYF changed by %-3.39 decreased in value, from 42.75 dollars on 02-07-2024 to 41.3 dollars, decreased.

Last year, the price of WJRYF was 38.45 dollars on 03-09-2023, and changed by %7.41 increased in value, to 41.3 dollars increased within a year.

The price of West Japan Railway stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

WJRYF with AI Stock Forecast & Price Target

WJRYF stock forecast West Japan Railway price target

On the WJRYF chart West Japan Railway price was recorded as 41.3 Dollars on 03/08/2024.

The artificial intelligence's forecast on WJRYF stock is as follows.

The artificial intelligence's prediction error margin for WJRYF stock is moderately high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for West Japan Railway stock over the next 4 months is: 41.7 Dollars.

The commentary on WJRYF stock Target Price: Highest: 43.79 Dollars is predicted.

The commentary on WJRYF stock Target Price: Lowest: 39.522 Dollars is predicted.

Resistance Price where West Japan Railway stock will Rise and Fall:

Date Price Prediction
06-11-2024 43.790
08-20-2024 40.277
11-13-2024 42.165
01-02-2025 43.314

Support Price where West Japan Railway stock will Fall and Rise:

Date Price Prediction
04-02-2024 41.330
07-26-2024 39.522
09-09-2024 40.143
11-28-2024 42.110

The commentary on WJRYF stock: The target price can generally be said to be on the rise.

The commentary on WJRYF stock: Fluctuations in the target price can be expected in the coming days.

The target price for West Japan Railway stock by the end of 2024 is predicted to be 43.113 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WJRYF stock, and the 2024 target price predictions for West Japan Railway are detailed above.

The technical analysis and charts for the commentary on WJRYF stock are below.

WJRYF Support & Resistance and Trend Analysis

WJRYF review West Japan Railway technical analysis trend chart WJRYF priceWJRYF stock support and resistance price chart

WJRYF stock you have reviewed the technical analysis support resistance charts regarding.

WJRYF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WJRYF review, the West Japan Railway support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

West Japan Railway Support and Resistance Prices:

WJRYF Support Level Price WJRYF Resistance Level Price
36.90 39.57
38.30 41.76
40.58 41.89
41.36 42.13
42.54 42.39
43.63
44.76

WJRYF Technical Analysis: SMA, RSI, MACD

WJRYF review West Japan Railway SMA chart analysis WJRYF priceWJRYF buy or sell review West Japan Railway MACD chart analysis WJRYF price

Upon reviewing the WJRYF chart, buy and sell signals have been generated in the West Japan Railway technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for WJRYF stock are as follows:
  1. WJRYF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for West Japan Railway gave a 'Buy' signal when the RSI was at 0.0, with the current RSI value at 61.983.
  3. The technical analysis for West Japan Railway indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for West Japan Railway stock: Click here to read more predictions on ITT stock.

Click here for price target predictions and technical analysis charts of other American stocks