Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Hokuriku Electric Industry Co.,Ltd.

6989.T Technical Analysis Summary (JPX)

Analyze 6989.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6989.T●JPX
TechnologyHardware, Equipment & Parts
¥2331.00
¥57.00(2.39%)
Japanese Market opens in 15h 40m

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

6989.T Technical Analysis Summary (JPX)

Hokuriku Electric Industry Co.,Ltd. (JPX: 6989.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 35.98)
Trend Strength:Weak (ADX: 16.39)
Volatility:Medium (ATR: 88.59)
Support/Resistance:$2320.91 – $2799.49 (Bollinger Bands)

Technical conditions suggest Hokuriku Electric Industry Co.,Ltd. on the JPX is awaiting a decisive move. This mix signals that Hokuriku Electric Industry Co.,Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 3.54

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.84

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.34

Strongly Bearish
Sharp downside momentum.

Takeaway:Hokuriku Electric Industry Co.,Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -24.92

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.39

Weak
Weak trend, market trading sideways.

ATR (14): 88.59

Rising
Rising volatility, market activity increasing.

CCI (14): -149.94

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Hokuriku Electric Industry Co.,Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2799.49
Middle Band (SMA 20)
$2560.20
Lower Band
$2320.91
Current Position
Within Bands

Takeaway:Hokuriku Electric Industry Co.,Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2668.76
Middle Line (EMA 20)
$2491.58
Lower Channel
$2314.41
Squeeze Status
No Squeeze

Takeaway:Hokuriku Electric Industry Co.,Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-99.50K
Money Flow Index14.46Bullish, oversold conditions signal rebound potential.
Relative Vigor Index38.10Bearish, price momentum favors sellers.

Overall Takeaway:6989.T shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Hokuriku Electric Industry Co.,Ltd. (JPX: 6989.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 Hokuriku Electric Industry Co.,Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6989.T) Technical Analysis FAQ