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Meidensha Corporation

6508.T Technical Analysis Summary (JPX)

Analyze 6508.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6508.T●JPX
IndustrialsIndustrial - Machinery
¥9020.00
¥70.00(0.77%)
Japanese Market opens in 13h 47m

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

6508.T Technical Analysis Summary (JPX)

Meidensha Corporation (JPX: 6508.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: 45.87)
Trend Strength:Moderate (ADX: 21.48)
Volatility:Medium (ATR: 408.69)
Support/Resistance:$8364.71 – $10062.29 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -48.28

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -7.77

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -230.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.48

Moderate
Moderate trend, direction gaining strength.

ATR (14): 408.69

Rising
Rising volatility, market activity increasing.

CCI (14): -3.95

Neutral
Neutral, no strong directional signal.

Takeaway:Meidensha Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10062.29
Middle Band (SMA 20)
$9213.50
Lower Band
$8364.71
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$9991.22
Middle Line (EMA 20)
$9173.85
Lower Channel
$8356.47
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-1.65M
Money Flow Index39.67Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.07Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:6508.T shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Meidensha Corporation (JPX: 6508.T), here are the key trading signals and recommendations:

Bullish Signals

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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Meidensha Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(JPX: 6508.T) Technical Analysis FAQ