Shiseido's share price rose ¥47 from the previous day on the 18th, and the closing price broke above the 25-day moving average, while the five-day moving average approached from below. As the gap between the two moving averages narrows, a mini golden cross is considered to be within reach. This article is available to members only, so some content is not disclosed.
Shiseido, the country's leading cosmetics manufacturer, saw its share price rise ¥47 from the previous day on the 18th, with the closing price moving above the 25-day moving average. Against the backdrop of a nearly flat 25-day moving average, speculation is building around the stock's future direction.
At the same time, the five-day moving average is approaching the 25-day moving average from below, and the gap between the two moving averages is also narrowing. Some observers say the stock is within reach of a stage where the formation of a mini golden cross is becoming realistic.
Attention is focused on Shiseido's movements on stock-information websites, and further reports are awaited on its future price movements and key levels.