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Otake Corporation

7434.T•JPX
Basic Materials
Construction Materials
¥1917.00
¥27.00(1.43%)
Japanese Market opens in 34h 11m

Otake Corporation (7434.T) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Otake Corporation (JPX:7434.T).

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

7434.T Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.72)
Trend Strength:Strong (ADX: 36.47)
Volatility:Low (ATR: 36.08)
Support/Resistance:$1799.89 – $1914.71 (Bollinger Bands)

Technical conditions suggest Otake Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 59.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.01

Bullish
Buying momentum building without extremes.

Williams %R: -30.56

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.95

Bullish
Steady upward momentum.

Takeaway:Otake Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -12.46

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.47

Strong
Strong trend, momentum well established.

ATR (14): 36.08

Rising
Rising volatility, market activity increasing.

CCI (14): 147.18

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1914.71
Middle Band (SMA 20)
$1857.30
Lower Band
$1799.89
Current Position
Above Upper Band

Takeaway:Otake Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1943.85
Middle Line (EMA 20)
$1871.69
Lower Channel
$1799.52
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-7.80K
Money Flow Index66.49Bullish, inflows support continued momentum.
Relative Vigor Index71.14Bullish, price momentum strongly favors buyers.

Overall Takeaway:7434.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Otake Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Overall Recommendation:Technical indicators for Otake Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ