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Mitsubishi Corporation

8058.T Technical Analysis Summary (JPX)

Analyze 8058.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8058.T●JPX
IndustrialsConglomerates
¥4765.00
¥29.00(0.60%)
Japanese Market opens in 13h 24m

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

8058.T Technical Analysis Summary (JPX)

Mitsubishi Corporation (JPX: 8058.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: 53.51)
Trend Strength:Weak (ADX: 11.86)
Volatility:Medium (ATR: 120.77)
Support/Resistance:$4649.58 – $4900.52 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 53.51

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 51.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -40.12

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.13

Neutral
Price change is minimal.

Takeaway:Mitsubishi Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 19.82

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.86

Weak
Weak trend, market trading sideways.

ATR (14): 120.77

Rising
Rising volatility, market activity increasing.

CCI (14): 15.92

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4900.52
Middle Band (SMA 20)
$4775.05
Lower Band
$4649.58
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$4989.69
Middle Line (EMA 20)
$4748.14
Lower Channel
$4506.59
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-97.46M
Money Flow Index38.46Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.07Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:8058.T shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Mitsubishi Corporation (JPX: 8058.T), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

(JPX: 8058.T) Technical Analysis FAQ