Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
ITOCHU Corporation

8001.T Technical Analysis Summary (JPX)

Analyze 8001.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8001.T●JPX
IndustrialsConglomerates
¥1984.50
¥13.50(0.68%)
Japanese Market opens in 13h 54m

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

8001.T Technical Analysis Summary (JPX)

ITOCHU Corporation (JPX: 8001.T) stock currently shows a neutral trend on the JPX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.54)
Trend Strength:Weak (ADX: 17.23)
Volatility:Low (ATR: 37.09)
Support/Resistance:$1822.97 – $1976.33 (Bollinger Bands)

Technical conditions suggest ITOCHU Corporation on the JPX is awaiting a decisive move. Overall, ITOCHU Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.86

Bearish
Overbought levels may trigger pullback.

Williams %R: -18.39

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.65

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 20.56

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.23

Weak
Weak trend, market trading sideways.

ATR (14): 37.09

Rising
Rising volatility, market activity increasing.

CCI (14): 106.88

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1976.33
Middle Band (SMA 20)
$1899.65
Lower Band
$1822.97
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$1985.98
Middle Line (EMA 20)
$1911.80
Lower Channel
$1837.62
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume186.95M
Money Flow Index61.11Bullish, inflows support continued momentum.
Relative Vigor Index58.24Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:8001.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ITOCHU Corporation (JPX: 8001.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 ITOCHU Corporation are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 8001.T) Technical Analysis FAQ