Advertisement

Ads Placeholder
Loading...

Nitto Denko Corporation

NDEKF•PNK
Basic Materials
Chemicals - Specialty
$20.60
$0.00(0.00%)
U.S. Market is Open • 13:39

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:Bullish to Strongly Bullish (RSI: 28.12)
Trend Strength:Strong (ADX: 31.32)
Volatility:Low (ATR: 0.18)
Support/Resistance:$18.97 – $23.27 (Bollinger Bands)

This mix signals that Nitto Denko Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 28.12

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 9.43

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.29

Bearish
Selling pressure outweighs buying.

Takeaway:Nitto Denko Corporation shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.65

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.32

Strong
Strong trend, momentum well established.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): -45.56

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
$23.27
Middle Band (SMA 20)
$21.12
Lower Band
$18.97
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$21.55
Middle Line (EMA 20)
$21.19
Lower Channel
$20.83
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 Volume-516.00
Money Flow Index0.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index6.03Bearish, price momentum favors sellers.

Overall Takeaway:NDEKF shows oversold money flow, with rebound potential building.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nitto Denko Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ