Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
NHK Spring Co., Ltd.

5991.T Technical Analysis Summary (JPX)

Analyze 5991.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

5991.T●JPX
Consumer CyclicalAuto - Parts
¥3388.00
¥85.00(2.57%)
Japanese Market opens in 17h 36m

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

5991.T Technical Analysis Summary (JPX)

NHK Spring Co., Ltd. (JPX: 5991.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.05)
Trend Strength:Moderate (ADX: 23.26)
Volatility:Medium (ATR: 105.13)
Support/Resistance:$3209.12 – $3487.98 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 49.17

Neutral
Mid-range signal with no clear trend.

Williams %R: -24.39

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.40

Bearish
Selling pressure outweighs buying.

Takeaway:NHK Spring Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -68.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.26

Moderate
Moderate trend, direction gaining strength.

ATR (14): 105.13

Rising
Rising volatility, market activity increasing.

CCI (14): 100.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:NHK Spring Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3487.98
Middle Band (SMA 20)
$3348.55
Lower Band
$3209.12
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3575.05
Middle Line (EMA 20)
$3364.79
Lower Channel
$3154.53
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume49.00K
Money Flow Index55.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.34Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:5991.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of NHK Spring Co., Ltd. (JPX: 5991.T), here are the key trading signals and recommendations:

Bullish Signals

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

No significant bearish signals detected.

Overall Recommendation:NHK Spring Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(JPX: 5991.T) Technical Analysis FAQ