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Nitto Kogyo Corporation

6651.T Technical Analysis Summary (JPX)

Analyze 6651.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6651.T●JPX
IndustrialsElectrical Equipment & Parts
¥4475.00
¥0.00(0.00%)
Japanese Market opens in 21h 18m

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

6651.T Technical Analysis Summary (JPX)

Nitto Kogyo Corporation (JPX: 6651.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.29)
Trend Strength:Weak (ADX: 15.98)
Volatility:Medium (ATR: 94.35)
Support/Resistance:$4258.05 – $4487.95 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 56.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.69

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.41

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.90

Neutral
Price change is minimal.

Takeaway:Nitto Kogyo Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -4.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.98

Weak
Weak trend, market trading sideways.

ATR (14): 94.35

Rising
Rising volatility, market activity increasing.

CCI (14): 162.89

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4487.95
Middle Band (SMA 20)
$4373.00
Lower Band
$4258.05
Current Position
Within Bands

Takeaway:Nitto Kogyo Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4577.88
Middle Line (EMA 20)
$4389.18
Lower Channel
$4200.48
Squeeze Status
Squeeze On

Takeaway:Nitto Kogyo Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.80K
Money Flow Index42.10Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.72Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:6651.T shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Nitto Kogyo Corporation (JPX: 6651.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nitto Kogyo Corporation are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6651.T) Technical Analysis FAQ