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Nakayama Steel Works, Ltd.

5408.T•JPX
Basic Materials
Steel
¥609.00
¥-7.00(-1.14%)
Japanese Market opens in 19h 28m

Nakayama Steel Works, Ltd. (5408.T) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nakayama Steel Works, Ltd. (JPX:5408.T).

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

5408.T Technical Analysis Summary

Nakayama Steel Works, Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.77)
Trend Strength:Weak (ADX: 14.51)
Volatility:Medium (ATR: 17.64)
Support/Resistance:$606.01 – $639.49 (Bollinger Bands)

Overall, Nakayama Steel Works, Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.77

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.54

Neutral
Mid-range signal with no clear trend.

Williams %R: -67.69

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.75

Bearish
Selling pressure outweighs buying.

Takeaway:Nakayama Steel Works, Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -2.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.51

Weak
Weak trend, market trading sideways.

ATR (14): 17.64

Rising
Rising volatility, market activity increasing.

CCI (14): -37.09

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nakayama Steel Works, Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$639.49
Middle Band (SMA 20)
$622.75
Lower Band
$606.01
Current Position
Within Bands

Takeaway:Nakayama Steel Works, Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$658.90
Middle Line (EMA 20)
$623.61
Lower Channel
$588.33
Squeeze Status
Squeeze On

Takeaway:Nakayama Steel Works, Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.73M
Money Flow Index52.92Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.72Bearish, price momentum favors sellers.

Overall Takeaway:5408.T shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nakayama Steel Works, Ltd., here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nakayama Steel Works, Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ