Meyka Pro banner
Kobe Bussan Co., Ltd.

3038.T Technical Analysis Summary (JPX)

Analyze 3038.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

3038.TJPX
Consumer DefensiveGrocery Stores
¥2848.50
¥24.50(0.87%)
Japanese Market opens in 1h 24m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

3038.T Technical Analysis Summary (JPX)

Kobe Bussan Co., Ltd. (JPX: 3038.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.63)
Trend Strength:Weak (ADX: 19.15)
Volatility:Medium (ATR: 70.73)
Support/Resistance:$2736.91 – $2876.14 (Bollinger Bands)

Technical conditions suggest Kobe Bussan Co., Ltd. on the JPX is awaiting a decisive move. This mix signals that Kobe Bussan Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.63

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.52

Bullish
Buying momentum building without extremes.

Williams %R: -12.90

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.26

Bullish
Steady upward momentum.

Takeaway:Kobe Bussan Co., Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 28.55

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.15

Weak
Weak trend, market trading sideways.

ATR (14): 70.73

Rising
Rising volatility, market activity increasing.

CCI (14): 140.31

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Kobe Bussan Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2876.14
Middle Band (SMA 20)
$2806.53
Lower Band
$2736.91
Current Position
Within Bands

Takeaway:Kobe Bussan Co., Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2928.22
Middle Line (EMA 20)
$2786.77
Lower Channel
$2645.32
Squeeze Status
Squeeze On

Takeaway:Kobe Bussan Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume235.00K
Money Flow Index57.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.34Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:3038.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Kobe Bussan Co., Ltd. (JPX: 3038.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

MACD below signal line → short-term caution on momentum.

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

(JPX: 3038.T) Technical Analysis FAQ