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Nichicon Corporation

6996.T Technical Analysis Summary (JPX)

Analyze 6996.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6996.T●JPX
TechnologyHardware, Equipment & Parts
¥2337.00
¥241.00(9.35%)
Japanese Market opens in NaNh NaNm

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

6996.T Technical Analysis Summary (JPX)

Nichicon Corporation (JPX: 6996.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: 32.51)
Trend Strength:Weak (ADX: 12.73)
Volatility:Medium (ATR: 116.54)
Support/Resistance:$2436.45 – $2784.05 (Bollinger Bands)

Technical conditions suggest Nichicon Corporation on the JPX is awaiting a decisive move. Technical conditions suggest Nichicon Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 32.51

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.48

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.43

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.21

Strongly Bearish
Sharp downside momentum.

Takeaway:Nichicon Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -38.72

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.73

Weak
Weak trend, market trading sideways.

ATR (14): 116.54

Rising
Rising volatility, market activity increasing.

CCI (14): -270.22

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2784.05
Middle Band (SMA 20)
$2610.25
Lower Band
$2436.45
Current Position
Below Lower Band

Takeaway:Nichicon Corporation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$2845.16
Middle Line (EMA 20)
$2612.09
Lower Channel
$2379.01
Squeeze Status
Squeeze On

Takeaway:Nichicon Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-5.85M
Money Flow Index35.29Bearish, selling pressure outweighs inflows.
Relative Vigor Index23.26Bearish, price momentum favors sellers.

Overall Takeaway:6996.T shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Nichicon Corporation (JPX: 6996.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 Nichicon Corporation are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 6996.T) Technical Analysis FAQ