What Mitsui High-tec (6966) Just Did (2019-07-12)

Firstly, to analyze Mitsui High-tec in real depth (what follows is only technical analysis – not fundamental), we strongly advise using the Beat The Market Analyzer software. TSE6966 traders especially will find this extremely powerful. Here is the link for you (as of (2019-07-12) this will get you the best deal):

http://amarketreportsjournal.com/recommended-tool-for-TSE6966-investors

Our analysis also indicates the following services to be very profitable for people trading Mitsui High-tec and stocks similar to it:

MM Publishing: http://amarketreportsjournal.com/mmpublishing-for-TSE6966-investors
Trading Code: http://amarketreportsjournal.com/tradingcode-for-TSE6966-investors
Trader HR: http://amarketreportsjournal.com/traderHR-for-TSE6966-investors

REPORTING FOR 2019-07-12 | AMARKETREPORTSJOURNAL.COM: We have conducted a deep analysis of how Mitsui High-tec (6966) has been trading over the last 2 weeks and the past day especially. On its latest session, Mitsui High-tec (6966) opened at 1210.0, reaching a high of 1215.0 and a low of 1178.0 before closing at a price of 1184.0. There was a total volume of 80100.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 19547.43529, an on-balance volume of 1212.0, chaikin money flow of 13.8 and a force index of -180.0. There was an ease of movement rating of 0.07013, a volume-price trend of 88.22771 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 29.89899, bolinger bands of 1191.39949, an upper bollinger band of 1171.60051, lower bollinger band of 1178.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 1201.0, high band keltner channel of 1196.0, low band keltner channel of 1206.0, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 1178.0, a donchian channel low band of 1178.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.15705, a MACD signal of 0.08725, a MACD difference of 0.0698, a fast Exponential Moving Average (EMA) indicator of 1178.0, a slow Exponential Moving Average (EMA) indicator of 1178.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.37507, a trix of 4.30076, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -81.79, a KST Oscillator (KST) of 74.61162 and a KST Oscillator (KST Signal) of 74.61162 (leaving a KST difference of 1.59641). We also found an Ichimoku rating of 1212.5, an Ichimoku B rating of 1212.5, a Ichimoku visual trend A of 1144.925, an Ichimoku visual trend B of 1170.69, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 71.87802, a stochastic oscillator of 740.0, a stochastic oscillator signal of 740.0, a Williams %R rating of 640.0 and an awesome oscillator of 2.61667.

RETURNS: There was a daily return of 7.46116, a daily log return of 0.59247 and a cumulative return of 0.59423.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Mitsui High-tec (6966)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Mitsui High-tec, we strongly advise Mitsui High-tec investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Mitsui High-tec – without this you are trading blind:

We will of course continue to cover the news and price action of Mitsui High-tec, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Mitsui High-tec (6966) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

Leave a Reply

Your email address will not be published. Required fields are marked *