Is Nichicon Corporation stock a buy or sell right now?

Based on current indicators, Nichicon Corporation shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Nichicon Corporation’s RSI?

RSI is 55.99, showing balanced momentum within the normal range.

What does MACD indicate for 6996.T?

MACD at 230.37 remains positive, but the signal line crossover suggests short-term caution.

What are Nichicon Corporation’s key support and resistance levels?

Support sits around $3808.62, while resistance is near $4827.38.

Nichicon Corporation (6996.T) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nichicon Corporation.

6996.T●JPX

TechnologyHardware, Equipment & Parts

¥4435.00

¥140.00(3.26%)

Japanese Market opens in 2h 43m

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6996.T Technical Analysis Summary

Nichicon Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 55.99)

Trend Strength:Very Strong (ADX: 46.20)

Volatility:High (ATR: 378.72)

Support/Resistance:$3808.62 – $4827.38 (Bollinger Bands)

This mix signals that Nichicon Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.99

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 59.41

Neutral

Mid-range signal with no clear trend.

Williams %R: -47.53

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 8.97

Strongly Bullish

Strong upside momentum.

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

Trend & Volatility

MACD: 230.37

Bullish

Bullish, trend momentum is strengthening.

ADX: 46.20

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 378.72

Rising

Rising volatility, market activity increasing.

CCI (14): -65.77

Bearish

Bearish, momentum remains under pressure.

Takeaway:Nichicon Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$4827.38

Middle Band (SMA 20)

$4318.00

Lower Band

$3808.62

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$5000.09

Middle Line (EMA 20)

$4242.65

Lower Channel

$3485.21

Squeeze Status

Squeeze On

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

Volume & Money Flow Analysis

On-Balance Volume19.90M

Money Flow Index54.82Neutral, balanced money flows with no clear signal.

Relative Vigor Index45.03Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:6996.T shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary

Based on the current technical analysis of Nichicon Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

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 Nichicon Corporation are mixed, suggesting a Hold or wait-and-see approach.