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Meiwa Industry Co., Ltd.

7284.T Technical Analysis Summary (JPX)

Analyze 7284.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

7284.TJPX
Consumer CyclicalAuto - Parts
¥1203.00
¥1.00(0.08%)
Japanese Market is Open · 13:46

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7284.T Technical Analysis Summary (JPX)

Meiwa Industry Co., Ltd. (JPX: 7284.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: 53.92)
Trend Strength:Weak (ADX: 16.22)
Volatility:Low (ATR: 12.04)
Support/Resistance:$1161.05 – $1206.25 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 53.92

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 94.17

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.26

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -2.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.22

Weak
Weak trend, market trading sideways.

ATR (14): 12.04

Rising
Rising volatility, market activity increasing.

CCI (14): 127.38

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1206.25
Middle Band (SMA 20)
$1183.65
Lower Band
$1161.05
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1214.71
Middle Line (EMA 20)
$1190.64
Lower Channel
$1166.57
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-22.70K
Money Flow Index75.20Bullish, inflows support continued momentum.
Relative Vigor Index51.58Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:7284.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Meiwa Industry Co., Ltd. (JPX: 7284.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Meiwa Industry Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 7284.T) Technical Analysis FAQ