Nitto Denko (6988) stock
Nitto Denko technical analysis
Oscillators
Summary
Moving averages
| Oscillators | Value | Signal |
|---|---|---|
| RSI (14) | 60.66 | Neutral |
| Stochastic %K (14, 3, 3) | 89.22 | Neutral |
| CCI (20) | 95.9 | Neutral |
| ADX (14) | 16.82 | Neutral |
| Awesome Oscillator | 82.14 | Buy |
| Momentum (10) | 219 | Sell |
| MACD (12, 26) | 38.81 | Buy |
| Stoch RSI (3, 3, 14, 14) | 86.7 | Neutral |
| Williams %R (14) | -5.519 | Neutral |
| Bull Bear Power | 166.66 | Buy |
| Ultimate Oscillator (7, 14, 28) | 62.15 | Neutral |
| Moving averages | Value | Signal |
|---|---|---|
| EMA (10) | ¥3,476.92 | Buy |
| SMA (10) | ¥3,487.90 | Buy |
| EMA (20) | ¥3,438.20 | Buy |
| SMA (20) | ¥3,385.85 | Buy |
| EMA (30) | ¥3,420.18 | Buy |
| SMA (30) | ¥3,406.73 | Buy |
| EMA (50) | ¥3,390.01 | Buy |
| SMA (50) | ¥3,421.10 | Buy |
| EMA (100) | ¥3,348.01 | Buy |
| SMA (100) | ¥3,271.70 | Buy |
| EMA (200) | ¥3,318.17 | Buy |
| SMA (200) | ¥3,360.52 | Buy |
| Ichimoku Base Line (9, 26, 52, 26) | ¥3,354.50 | Buy |
| VWMA (20) | ¥3,385.64 | Buy |
| Hull MA (9) | ¥3,523.55 | Buy |
Support & resistance levels
Resistance
- R3¥3,910.75+10.04%Moderate
- R2¥3,834.00+7.88%Weak
- R1¥3,641.40+2.46%Strong
Support
- S1¥3,530.07-0.67%Moderate
- S2¥3,325.59-6.43%Strong
- S3¥3,097.80-12.84%Strong
Levels are detected automatically from swing highs and lows on the daily chart and clustered by volatility (ATR). Strength reflects the number of times price reacted at each level.
| Pivot points (daily) | S3 | S2 | S1 | P | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | ¥3,447.67 | ¥3,459.33 | ¥3,482.67 | ¥3,494.33 | ¥3,517.67 | ¥3,529.33 | ¥3,552.67 |
| Fibonacci | ¥3,459.33 | ¥3,472.70 | ¥3,480.96 | ¥3,494.33 | ¥3,507.70 | ¥3,515.96 | ¥3,529.33 |
| Camarilla | ¥3,496.38 | ¥3,499.58 | ¥3,502.79 | ¥3,494.33 | ¥3,509.21 | ¥3,512.42 | ¥3,515.63 |
| Woodie | ¥3,453.50 | ¥3,462.25 | ¥3,488.50 | ¥3,497.25 | ¥3,523.50 | ¥3,532.25 | ¥3,558.50 |
| DeMark | — | — | ¥3,488.50 | ¥3,497.25 | ¥3,523.50 | — | — |
Nitto Denko price forecast
| Horizon | Bear case (95%) | Low (68%) | Trend target | High (68%) | Bull case (95%) |
|---|---|---|---|---|---|
| 5 trading days | ¥3,285.65 | ¥3,420.50 | ¥3,560.88 +0.2% | ¥3,707.03 | ¥3,859.17 |
| 21 trading days | ¥3,038.43 | ¥3,299.50 | ¥3,583.00 +0.8% | ¥3,890.86 | ¥4,225.17 |
| 63 trading days | ¥2,737.13 | ¥3,157.19 | ¥3,641.71 +2.5% | ¥4,200.60 | ¥4,845.25 |
The technical bias for Nitto Denko is bullish (overall rating: Strong Buy).
Bullish scenario: a sustained break above ¥3,641.40 would open the way toward ¥3,834.00.
Bearish scenario: a daily close below ¥3,530.07 could extend the decline toward ¥3,325.59.
Statistical ranges are based on historical volatility and trend, not a guarantee of future prices. Not financial advice.
About Nitto Denko
Nitto Denko (6988) shares are trading at ¥3,554.00, up +1.37% today. The company belongs to the Other sector and has a market capitalization of ¥2.35T.
The stock’s 52-week range is ¥2,882.50 – ¥4,068.00, with a price-to-earnings ratio of 17.8. It has moved +1.17% over the past week and +5.81% over the past month.
On the daily chart the overall technical rating for Nitto Denko is Strong Buy, with the 14-day RSI at 60.7. The nearest support is at ¥3,530.07 and the nearest resistance at ¥3,641.40.
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