Is Shigematsu Works Co., Ltd. stock a buy or sell right now?

Based on current indicators, Shigematsu Works Co., Ltd. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Shigematsu Works Co., Ltd.’s RSI?

RSI is 54.68, showing balanced momentum within the normal range.

What does MACD indicate for 7980.T?

MACD at 64.02 remains positive, but the signal line crossover suggests short-term caution.

What are Shigematsu Works Co., Ltd.’s key support and resistance levels?

Support sits around $695.39, while resistance is near $1242.71.

Shigematsu Works Co., Ltd.

7980.T•JPX

Healthcare

Medical - Instruments & Supplies

¥1020.00

¥1.00(0.10%)

Japanese Market opens in 19h 34m

Shigematsu Works Co., Ltd. (7980.T) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shigematsu Works Co., Ltd. (JPX:7980.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

7980.T Technical Analysis Summary

Shigematsu Works Co., Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 54.68)

Trend Strength:Very Strong (ADX: 43.24)

Volatility:High (ATR: 74.26)

Support/Resistance:$695.39 – $1242.71 (Bollinger Bands)

This mix signals that Shigematsu Works Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.68

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 37.72

Bearish

Momentum remains weak below midpoint.

Williams %R: -66.94

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): 16.99

Strongly Bullish

Strong upside momentum.

Takeaway:Shigematsu Works Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 64.02

Bullish

Bullish, trend momentum is strengthening.

ADX: 43.24

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 74.26

Rising

Rising volatility, market activity increasing.

CCI (14): -4.88

Neutral

Neutral, no strong directional signal.

Takeaway:Shigematsu Works Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$1242.71

Middle Band (SMA 20)

$969.05

Lower Band

$695.39

Current Position

Within Bands

Takeaway:Shigematsu Works Co., Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$1135.39

Middle Line (EMA 20)

$986.88

Lower Channel

$838.37

Squeeze Status

No Squeeze

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

Volume & Money Flow Analysis

On-Balance Volume768.30K

Money Flow Index57.24Neutral, balanced money flows with no clear signal.

Relative Vigor Index49.82Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:7980.T shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary

Based on the current technical analysis of Shigematsu Works Co., Ltd., 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 Shigematsu Works Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.