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Sumitomo Seika Chemicals Company, Limited

4008.T Technical Analysis Summary (JPX)

Analyze 4008.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

4008.TJPX
Basic MaterialsChemicals - Specialty
¥1562.00
¥57.00(3.79%)
Japanese Market is Open · 12:35

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4008.T Technical Analysis Summary (JPX)

Sumitomo Seika Chemicals Company, Limited (JPX: 4008.T) stock currently shows a bullish trend on the JPX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.52)
Trend Strength:Moderate (ADX: 27.39)
Volatility:Medium (ATR: 50.24)
Support/Resistance:$1111.49 – $1680.91 (Bollinger Bands)

Technical conditions suggest Sumitomo Seika Chemicals Company, Limited on the JPX is awaiting a decisive move. This mix signals that Sumitomo Seika Chemicals Company, Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 79.18

Bullish
Buying momentum building without extremes.

Williams %R: -18.25

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 24.04

Strongly Bullish
Strong upside momentum.

Takeaway:Sumitomo Seika Chemicals Company, Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 65.82

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 50.24

Rising
Rising volatility, market activity increasing.

CCI (14): 37.02

Bullish
Bullish, momentum building upward.

Takeaway:Sumitomo Seika Chemicals Company, Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1680.91
Middle Band (SMA 20)
$1396.20
Lower Band
$1111.49
Current Position
Within Bands

Takeaway:Sumitomo Seika Chemicals Company, Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1535.88
Middle Line (EMA 20)
$1435.40
Lower Channel
$1334.91
Squeeze Status
No Squeeze

Takeaway:Sumitomo Seika Chemicals Company, Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume3.22M
Money Flow Index75.96Bullish, inflows support continued momentum.
Relative Vigor Index49.59Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:4008.T shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Sumitomo Seika Chemicals Company, Limited (JPX: 4008.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Sumitomo Seika Chemicals Company, Limited are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 4008.T) Technical Analysis FAQ