Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Mitsubishi Chemical Group Corporation

MTLHYPNK
$38.74
$5.23(15.61%)
U.S. Market opens in 15h 57m

Mitsubishi Chemical Group Corporation (MTLHY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mitsubishi Chemical Group Corporation (PNK:MTLHY).

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

MTLHY Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 88.86)
Trend Strength:Very Strong (ADX: 58.75)
Volatility:Low (ATR: 0.29)
Support/Resistance:$29.87 – $33.81 (Bollinger Bands)

Overall, Mitsubishi Chemical Group Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 88.86

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 92.50

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.78

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.54

Strongly Bullish
Strong upside momentum.

Takeaway:Mitsubishi Chemical Group Corporation shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 1.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 58.75

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): 144.73

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mitsubishi Chemical Group Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.81
Middle Band (SMA 20)
$31.84
Lower Band
$29.87
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$32.42
Middle Line (EMA 20)
$31.85
Lower Channel
$31.28
Squeeze Status
No Squeeze

Takeaway:Mitsubishi Chemical Group Corporation trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume9.12K
Money Flow Index81.92Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index23.89Bearish, price momentum favors sellers.

Overall Takeaway:MTLHY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mitsubishi Chemical Group Corporation, 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.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mitsubishi Chemical Group Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ