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.TJPX
TechnologyHardware, Equipment & Parts
¥2491.00
¥133.00(5.07%)
Japanese Market opens in 13h 57m

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:Neutral to Bullish (RSI: 58.19)
Trend Strength:Weak (ADX: 15.07)
Volatility:Medium (ATR: 86.24)
Support/Resistance:$2248.49 – $2599.61 (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): 58.19

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.14

Bearish
Overbought levels may trigger pullback.

Williams %R: -23.88

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 7.62

Strongly Bullish
Strong upside momentum.

Takeaway:Hokuriku Electric Industry Co.,Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 8.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.07

Weak
Weak trend, market trading sideways.

ATR (14): 86.24

Rising
Rising volatility, market activity increasing.

CCI (14): 148.24

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2599.61
Middle Band (SMA 20)
$2424.05
Lower Band
$2248.49
Current Position
Within Bands

Takeaway:Hokuriku Electric Industry Co.,Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2631.20
Middle Line (EMA 20)
$2458.71
Lower Channel
$2286.23
Squeeze Status
No Squeeze

Takeaway:Hokuriku Electric Industry Co.,Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume47.20K
Money Flow Index62.55Bullish, inflows support continued momentum.
Relative Vigor Index50.22Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:6989.T shows bullish money flow, with volume and vigor supporting buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

No significant bearish signals detected.

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