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Japan Engine Corporation

6016.T Technical Analysis Summary (JPX)

Analyze 6016.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6016.TJPX
IndustrialsIndustrial - Machinery
¥9320.00
¥810.00(8.00%)
Japanese Market is Open · 10:01

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6016.T Technical Analysis Summary (JPX)

Japan Engine Corporation (JPX: 6016.T) stock currently shows a bullish trend on the JPX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.19)
Trend Strength:Moderate (ADX: 20.88)
Volatility:High (ATR: 648.57)
Support/Resistance:$8823.76 – $10297.24 (Bollinger Bands)

Technical conditions suggest Japan Engine Corporation on the JPX is awaiting a decisive move. Overall, Japan Engine Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.19

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.76

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.29

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 3.21

Bullish
Steady upward momentum.

Takeaway:Japan Engine Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 302.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.88

Moderate
Moderate trend, direction gaining strength.

ATR (14): 648.57

Rising
Rising volatility, market activity increasing.

CCI (14): -29.84

Bearish
Bearish, momentum remains under pressure.

Takeaway:Japan Engine Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10297.24
Middle Band (SMA 20)
$9560.50
Lower Band
$8823.76
Current Position
Within Bands

Takeaway:Japan Engine Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$10826.62
Middle Line (EMA 20)
$9529.48
Lower Channel
$8232.34
Squeeze Status
Squeeze On

Takeaway:Japan Engine Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-144.20K
Money Flow Index57.13Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.84Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:6016.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Japan Engine Corporation (JPX: 6016.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.

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 Japan Engine Corporation are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6016.T) Technical Analysis FAQ