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Nidec Corporation

6594.T Technical Analysis Summary (JPX)

Analyze 6594.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6594.TJPX
IndustrialsIndustrial - Machinery
¥2549.00
¥7.00(0.27%)
Japanese Market opens in 14h 32m

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6594.T Technical Analysis Summary (JPX)

Nidec Corporation (JPX: 6594.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: 45.19)
Trend Strength:Weak (ADX: 12.92)
Volatility:Medium (ATR: 102.01)
Support/Resistance:$2445.20 – $2777.40 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.29

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.31

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -8.54

Strongly Bearish
Sharp downside momentum.

Takeaway:Nidec Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -43.70

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.92

Weak
Weak trend, market trading sideways.

ATR (14): 102.01

Rising
Rising volatility, market activity increasing.

CCI (14): -47.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nidec Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2777.40
Middle Band (SMA 20)
$2611.30
Lower Band
$2445.20
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2802.94
Middle Line (EMA 20)
$2598.91
Lower Channel
$2394.88
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume11.45M
Money Flow Index35.12Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.77Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:6594.T shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Nidec Corporation (JPX: 6594.T), 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 Nidec Corporation are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6594.T) Technical Analysis FAQ