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Sumitomo Heavy Industries, Ltd.

6302.T Technical Analysis Summary (JPX)

Analyze 6302.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6302.T●JPX
IndustrialsIndustrial - Machinery
¥5712.00
¥313.00(5.20%)
Japanese Market opens in 55h 51m

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

6302.T Technical Analysis Summary (JPX)

Sumitomo Heavy Industries, Ltd. (JPX: 6302.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: 41.38)
Trend Strength:Weak (ADX: 15.46)
Volatility:Medium (ATR: 205.80)
Support/Resistance:$5522.30 – $6377.80 (Bollinger Bands)

Technical conditions suggest Sumitomo Heavy Industries, Ltd. on the JPX is awaiting a decisive move. Technical conditions suggest Sumitomo Heavy Industries, Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.38

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.89

Bearish
Momentum remains weak below midpoint.

Williams %R: -93.13

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.13

Strongly Bearish
Sharp downside momentum.

Takeaway:Sumitomo Heavy Industries, Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 46.70

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.46

Weak
Weak trend, market trading sideways.

ATR (14): 205.80

Rising
Rising volatility, market activity increasing.

CCI (14): -171.71

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Sumitomo Heavy Industries, Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6377.80
Middle Band (SMA 20)
$5950.05
Lower Band
$5522.30
Current Position
Within Bands

Takeaway:Sumitomo Heavy Industries, Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6350.15
Middle Line (EMA 20)
$5938.55
Lower Channel
$5526.94
Squeeze Status
No Squeeze

Takeaway:Sumitomo Heavy Industries, Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.54M
Money Flow Index59.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.01Bearish, price momentum favors sellers.

Overall Takeaway:6302.T shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Sumitomo Heavy Industries, Ltd. (JPX: 6302.T), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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 Sumitomo Heavy Industries, Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6302.T) Technical Analysis FAQ