Technical Analysis for MSBHY - Mitsubishi Corp Spon

Grade Last Price % Change Price Change
grade F 48.0 0.04% 0.0200
MSBHY closed up 0.04 percent on Friday, August 23, 2019, on 1.41 times normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MSBHY trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.04%
Narrow Range Bar Range Contraction 0.04%
Doji - Bullish? Reversal 0.04%
New 52 Week Low Weakness 0.04%
Down 3 Days in a Row Weakness 0.04%
Down 4 Days in a Row Weakness 0.04%
Oversold Stochastic Weakness 0.04%

Older signals for MSBHY ...

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Profile
Mitsubishi Corp. is a general trading company engaged in the import, export and wholesale of various products. Co.'s products include internet services, financial services, IT solutions, all forms of carbon and hydrocarbon products, ferrous metals, non-ferrous metals, gas/petroleum equipment and steel-making equipment, automobiles and automobile machines and parts, containers, elevators, railroad carriages, agricultural machinery, construction equipment, waste water treatment equipment, chemicals, fiber and foods. In fiscal 2003, Co.'s net sales rose 0.63% over fiscal 2002.
Is MSBHY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 64.91
52 Week Low 47.67
Average Volume 17,722
200-Day Moving Average 54.5443
50-Day Moving Average 52.4727
20-Day Moving Average 50.3559
10-Day Moving Average 48.766
Average True Range 0.6323
ADX 37.84
+DI 15.7896
-DI 47.5382
Chandelier Exit (Long, 3 ATRs ) 52.5631
Chandelier Exit (Short, 3 ATRs ) 49.5669
Upper Bollinger Band 54.4603
Lower Bollinger Band 46.2515
Percent B (%b) 0.21
BandWidth 16.301565
MACD Line -1.4066
MACD Signal Line -1.2375
MACD Histogram -0.1691
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.7290
Resistance 3 (R3) 48.7000 48.4280 48.6075
Resistance 2 (R2) 48.4280 48.2423 48.4425 48.5670
Resistance 1 (R1) 48.2140 48.1277 48.0780 48.2430 48.5265
Pivot Point 47.9420 47.9420 47.8740 47.9565 47.9420
Support 1 (S1) 47.7280 47.7563 47.5920 47.7570 47.4735
Support 2 (S2) 47.4560 47.6417 47.4705 47.4330
Support 3 (S3) 47.2420 47.4560 47.3925
Support 4 (S4) 47.2710