Meyka Pro banner
The Shikoku Bank, Ltd.

8387.T Technical Analysis Summary (JPX)

Analyze 8387.T on the JPX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8387.TJPX
Financial ServicesBanks - Regional
¥3515.00
¥135.00(3.99%)
Japanese Market is Open · 14:00

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

8387.T Technical Analysis Summary (JPX)

The Shikoku Bank, Ltd. (JPX: 8387.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: 55.07)
Trend Strength:Weak (ADX: 18.74)
Volatility:Medium (ATR: 130.01)
Support/Resistance:$3228.09 – $3613.91 (Bollinger Bands)

Technical conditions suggest The Shikoku Bank, Ltd. on the JPX is awaiting a decisive move. Overall, The Shikoku Bank, Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 55.07

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 25.83

Bearish
Momentum remains weak below midpoint.

Williams %R: -55.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.29

Neutral
Price change is minimal.

Takeaway:The Shikoku Bank, Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 42.80

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.74

Weak
Weak trend, market trading sideways.

ATR (14): 130.01

Rising
Rising volatility, market activity increasing.

CCI (14): -4.52

Neutral
Neutral, no strong directional signal.

Takeaway:The Shikoku Bank, Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3613.91
Middle Band (SMA 20)
$3421.00
Lower Band
$3228.09
Current Position
Within Bands

Takeaway:The Shikoku Bank, Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3657.49
Middle Line (EMA 20)
$3397.47
Lower Channel
$3137.46
Squeeze Status
Squeeze On

Takeaway:The Shikoku Bank, Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.51M
Money Flow Index54.93Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.54Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:8387.T shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of The Shikoku Bank, Ltd. (JPX: 8387.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

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for The Shikoku Bank, Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(JPX: 8387.T) Technical Analysis FAQ