Loading...

Nitto Denko Corporation

NDEKF•PNK
Basic Materials
Chemicals - Specialty
$21.25
$0.00(0.00%)
U.S. Market opens in 6h 53m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.91)
Trend Strength:Weak (ADX: 14.97)
Volatility:Low (ATR: 0.11)
Support/Resistance:$20.14 – $21.63 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.91

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 100.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.16

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.97

Weak
Weak trend, market trading sideways.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): 46.67

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.63
Middle Band (SMA 20)
$20.89
Lower Band
$20.14
Current Position
Within Bands

Takeaway:Nitto Denko Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$21.35
Middle Line (EMA 20)
$21.13
Lower Channel
$20.91
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-516.00
Money Flow Index34.30Bearish, selling pressure outweighs inflows.
Relative Vigor Index4.32Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Nitto Denko Corporation shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ