Technical Analysis for MKTAY - Makita Corporation

Grade Last Price % Change Price Change
grade A 44.09 0.42% 0.1850
MKTAY closed up 0.42 percent on Monday, August 10, 2020, on 84 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical MKTAY trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Walk Strength 0.42%
Overbought Stochastic Strength 0.42%
Narrow Range Bar Range Contraction 0.59%
Upper Bollinger Band Walk Strength 0.59%
Above Upper BB Strength 0.59%
Overbought Stochastic Strength 0.59%
Older signals for MKTAY ...

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Profile

Makita Corporation is engaged in the business of production and sale of electric power tools, woodworking machines, pneumatic tools, gardening equipment and household equipment. The Company manufactures and sells portable electric planers. The Company's segments are Japan, Europe, North America, Asia and Other area. Its other areas include Central and South America, The Middle East and Africa, and Oceania. The Company's product categories include cordless, drilling/fastening, impact drilling/demolition, cutting (new material/masonry), cutting (metal), grinding/sanding, sawing, planing/routering, pneumatic tools, outdoor power equipment, dust extraction and others. Its subsidiaries include Makita U.S.A. Inc., Makita (U.K.) Ltd., Makita Werkzeug GmbH, Makita Oy, Makita (China) Co., Ltd. and Makita (Kunshan) Co., Ltd., among others.
Metal Tools Freemasonry Router Drill Household Equipment Electric Power Tools Makita Outdoor Power Equipment Pneumatic Tool Pneumatic Tools Power Tool

Is MKTAY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 44.43
52 Week Low 23.39
Average Volume 12,611
200-Day Moving Average 34.5410
50-Day Moving Average 37.8031
20-Day Moving Average 40.1097
10-Day Moving Average 41.8352
Average True Range 0.9534
ADX 32.9
+DI 51.5365
-DI 14.0041
Chandelier Exit (Long, 3 ATRs ) 41.5698
Chandelier Exit (Short, 3 ATRs ) 39.5602
Upper Bollinger Band 45.0170
Lower Bollinger Band 35.2024
Percent B (%b) 0.91
BandWidth 24.4694
MACD Line 1.8669
MACD Signal Line 1.4082
MACD Histogram 0.4587
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.7125
Resistance 3 (R3) 44.7567 44.5933 44.6088
Resistance 2 (R2) 44.5933 44.4348 44.5713 44.5741
Resistance 1 (R1) 44.3417 44.3369 44.2600 44.2975 44.5396
Pivot Point 44.1783 44.1783 44.1375 44.1563 44.1783
Support 1 (S1) 43.9267 44.0198 43.8450 43.8825 43.6404
Support 2 (S2) 43.7633 43.9219 43.7413 43.6059
Support 3 (S3) 43.5117 43.7633 43.5713
Support 4 (S4) 43.4675