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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

NITTO DENKO CORP UNSP/ADR (NASDAQ:NDEKY)

Sidelines Mode (+55) - NDEKY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NDEKY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDEKY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NDEKY
Open High Low NDEKY Price Change
44.35 46.90 44.35 45.43 +0.29
Entry Signal

MarketClub’s Trade Triangles for NDEKY

long term up The long-term trend has been UP since Nov 20th, 2023 at 36.06

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 45.36

short term up The short-term trend has been UP since Apr 24th, 2024 at 45.87

Smart Scan Analysis for NDEKY

Based on our trend formula, NDEKY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NDEKY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.35 46.90 44.35 45.43 +0.29
Prev. Close Volume Bid Ask Time
45.43 8419 2024-04-24 15:59:00
Year High47.39Year High Date2018-01-10
Year Low25.26Year Low Date2018-11-20
52wk High48.5852wk High Date2024-03-18
52wk Low30.0752wk Low Date2023-10-26
Year End Close24.83Average Volume9,613
Shares Outstanding328,951% Institutional0.9
Assets120,529,000MLiabilities261,716,000M
Beta1.3Volatility47.56
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