Advertisement

Ads Placeholder
Loading...

Nitto Denko Corporation

NDEKY•PNK
Basic Materials
Chemicals - Specialty
$19.33
$-0.76(-3.78%)
U.S. Market is Open • 13:39

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

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

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

NDEKY 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:Bearish to Weak (RSI: 37.97)
Trend Strength:Weak (ADX: 18.56)
Volatility:Medium (ATR: 0.93)
Support/Resistance:$18.96 – $21.23 (Bollinger Bands)

Technical conditions suggest Nitto Denko Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 37.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.31

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.44

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.71

Bearish
Selling pressure outweighs buying.

Takeaway:Nitto Denko Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.67

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.56

Weak
Weak trend, market trading sideways.

ATR (14): 0.93

Low
Low volatility, stable price action.

CCI (14): -113.07

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.23
Middle Band (SMA 20)
$20.09
Lower Band
$18.96
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$22.09
Middle Line (EMA 20)
$20.24
Lower Channel
$18.39
Squeeze Status
Squeeze On

Takeaway:Nitto Denko Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.56M
Money Flow Index40.95Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.64Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NDEKY shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

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

Bearish Signals

No significant bearish signals detected.

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

Technical Analysis FAQ