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Sanko Metal Industrial Co., Ltd.

1972.T Technical Analysis Summary (JPX)

Analyze 1972.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1972.TJPX
IndustrialsEngineering & Construction
¥1282.00
¥11.00(0.87%)
Japanese Market is Open · 13:55

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1972.T Technical Analysis Summary (JPX)

Sanko Metal Industrial Co., Ltd. (JPX: 1972.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.28)
Trend Strength:Weak (ADX: 17.02)
Volatility:Low (ATR: 22.03)
Support/Resistance:$1238.54 – $1288.86 (Bollinger Bands)

Technical conditions suggest Sanko Metal Industrial Co., Ltd. on the JPX is awaiting a decisive move. Technical conditions suggest Sanko Metal Industrial Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.28

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 70.03

Bullish
Buying momentum building without extremes.

Williams %R: -17.17

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.62

Neutral
Price change is minimal.

Takeaway:Sanko Metal Industrial Co., Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 10.38

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.02

Weak
Weak trend, market trading sideways.

ATR (14): 22.03

Rising
Rising volatility, market activity increasing.

CCI (14): 162.90

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sanko Metal Industrial Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1288.86
Middle Band (SMA 20)
$1263.70
Lower Band
$1238.54
Current Position
Within Bands

Takeaway:Sanko Metal Industrial Co., Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1305.96
Middle Line (EMA 20)
$1261.89
Lower Channel
$1217.82
Squeeze Status
Squeeze On

Takeaway:Sanko Metal Industrial Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-214.80K
Money Flow Index48.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index67.08Bullish, price momentum strongly favors buyers.

Overall Takeaway:1972.T shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Sanko Metal Industrial Co., Ltd. (JPX: 1972.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Sanko Metal Industrial Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 1972.T) Technical Analysis FAQ