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Nitto Denko Corp (JP:6988)
:6988
Japanese Market

Nitto Denko (6988) Technical Analysis

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1 Followers

Summary of all the Indicators

Overall Consensus
Buy
14Bullish
4Neutral
4Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Nitto Denko Corp’s (6988) Moving Averages Convergence Divergence (MACD) indicator is 72.88, suggesting Nitto Denko Corp is a Sell.
Nitto Denko Corp’s (6988) 20-Day exponential moving average is 2858.78, while Nitto Denko Corp’s (6988) share price is ¥2,891, making it a Buy.
Nitto Denko Corp’s (6988) 50-Day exponential moving average is 2737.03, while Nitto Denko Corp’s (6988) share price is ¥2,891, making it a Buy.

Nitto Denko (6988) Pivot Points

Feb 22, 2025, 05:35 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2,867.00
2,888.50
2,930.00
2,951.50
2,993.00
3,014.50
3,056.00
Fibonacci
2,888.50
2,912.57
2,927.43
2,951.50
2,975.57
2,990.43
3,014.50
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Nitto Denko (6988) Moving Averages

Feb 22, 2025, 05:35 PM
Period
Simple
Exponential
MA5
2,934.60Buy
2,943.70Buy
MA10
2,918.15Buy
2,913.50Buy
MA20
2,856.52Buy
2,858.78Buy
MA50
2,703.02Buy
2,737.03Buy
MA100
2,584.14Buy
2,637.72Buy
MA200
2,502.43Buy
2,594.19Buy
Nitto Denko Corp’s (6988) 10-Day exponential moving average is 2913.50, while Nitto Denko Corp’s (6988) share price is ¥2,891, making it a Buy.
Nitto Denko Corp’s (6988) 100-Day exponential moving average is 2637.72, while Nitto Denko Corp’s (6988) share price is ¥2,891, making it a Buy.
Nitto Denko Corp’s (6988) stock price is ¥2,891 and Nitto Denko Corp’s (6988) 50-day simple moving average is 2703.02, creating a Buy signal.
Nitto Denko Corp’s (6988) stock price is ¥2,891 and Nitto Denko Corp’s (6988) 100-day simple moving average is 2584.14, creating a Buy signal.
Nitto Denko Corp’s (6988) stock price is ¥2,891 and Nitto Denko Corp’s (6988) 200-day simple moving average is 2502.43, creating a Buy signal.

Nitto Denko (6988) Technical Indicators

Feb 22, 2025, 05:35 PM
Name
Value
Implied Action
RSI (14)
65.65
Neutral
STOCH (9,6)
78.00
Neutral
STOCHRSI (14)
89.35
Sell
MACD (12,26)
72.88
Sell
ADX (14)
24.72
Neutral
Williams %R
-7.44
Sell
CCI (14)
123.87
Sell
ATR (14)
69.20
-
Ultimate Oscillator
52.09
Neutral
ROC
7.55
Buy
Nitto Denko Corp’s (6988) Relative Strength Index (RSI) is 65.65, creating a Neutral signal.
Nitto Denko Corp’s (6988) Trend Strength Indicator (ADX) is 24.72, creating a Neutral signal.
Nitto Denko Corp’s (6988) Commodity Channel Index (CCI) is 123.87, creating a Sell signal.
Nitto Denko Corp’s (6988) Price Rate of Change (ROC) is 7.55, creating a Buy signal.

FAQ

Is 6988 a Buy, Hold, or Sell?
Based on 6988’s technical indicators, 6988 is a Buy.
    What is 6988’s RSI (14)?
    6988’s RSI (14) is 65.65, which suggests 6988 is a Neutral.
      What is 6988’s MACD?
      6988’s MACD is 72.88, which suggests 6988 is a Sell.
        What is 6988’s 5-day moving average?
        6988’s 5-day moving average is 2934.60, which suggests 6988 is a Buy.
          What is 6988’s 20-day moving average?
          6988 20-day moving average is 2856.52, which suggests 6988 is a Buy.
            What is 6988’s 50-day moving average?
            6988’s 50-day moving average is 2703.02, which suggests 6988 is a Buy.
              What is 6988’s 200-day moving average?
              6988’s 200-day moving average is 2502.43, which suggests 6988 is a Buy.
                What is 6988’s Williams % R (14)?
                6988’s Williams % R (14) is -7.44, which suggests 6988 is a Sell.
                  What is 6988’s CCI (14)?
                  6988’s CCI (14) is 123.87, which suggests 6988 is a Sell.
                    What is the share price of Nitto Denko Corp?
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