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...

Nitto Denko Corporation

NDEKF•PNK
Basic Materials
Chemicals - Specialty
$21.30
$0.00(0.00%)
U.S. Market opens in 55h 21m

Nitto Denko Corporation (NDEKF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nitto Denko Corporation (PNK:NDEKF).

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

NDEKF Technical Analysis Summary

Nitto Denko Corporation stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.59)
Trend Strength:Moderate (ADX: 27.43)
Volatility:Medium (ATR: 0.45)
Support/Resistance:$20.66 – $25.32 (Bollinger Bands)

Overall, Nitto Denko Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 33.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.21

Bullish
Oversold zone signals rebound potential.

Williams %R: -63.38

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.55

Strongly Bearish
Sharp downside momentum.

Takeaway:Nitto Denko Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.43

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.45

Low
Low volatility, stable price action.

CCI (14): -86.82

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nitto Denko Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.32
Middle Band (SMA 20)
$22.99
Lower Band
$20.66
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$23.64
Middle Line (EMA 20)
$22.74
Lower Channel
$21.85
Squeeze Status
No Squeeze

Takeaway:Nitto Denko Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume1.69K
Money Flow Index42.52Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.99Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Nitto Denko Corporation, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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:Nitto Denko Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ