Meyka Pro banner
Kanemitsu Corporation

7208.T Technical Analysis Summary (JPX)

Analyze 7208.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

7208.TJPX
Consumer CyclicalAuto - Parts
¥1290.00
¥10.00(0.77%)
Japanese Market opens in 17h 36m

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

7208.T Technical Analysis Summary (JPX)

Kanemitsu Corporation (JPX: 7208.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.46)
Trend Strength:Moderate (ADX: 27.27)
Volatility:Low (ATR: 17.32)
Support/Resistance:$1281.48 – $1324.52 (Bollinger Bands)

Technical conditions suggest Kanemitsu Corporation on the JPX is awaiting a decisive move. This mix signals that Kanemitsu Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.46

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.76

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.74

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.53

Bearish
Selling pressure outweighs buying.

Takeaway:Kanemitsu Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.86

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.27

Moderate
Moderate trend, direction gaining strength.

ATR (14): 17.32

Rising
Rising volatility, market activity increasing.

CCI (14): -72.86

Bearish
Bearish, momentum remains under pressure.

Takeaway:Kanemitsu Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1324.52
Middle Band (SMA 20)
$1303.00
Lower Band
$1281.48
Current Position
Within Bands

Takeaway:Kanemitsu Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1334.98
Middle Line (EMA 20)
$1300.34
Lower Channel
$1265.69
Squeeze Status
Squeeze On

Takeaway:Kanemitsu Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume26.70K
Money Flow Index43.79Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.44Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:7208.T shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Kanemitsu Corporation (JPX: 7208.T), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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:Kanemitsu Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(JPX: 7208.T) Technical Analysis FAQ