NISSAN MOTOR CO., Ltd. Technical Analysis | NISSAN MOTOR CO., Ltd. Trading: 2023-01-27 | IFCM UK
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NISSAN MOTOR CO., Ltd. Technical Analysis - NISSAN MOTOR CO., Ltd. Trading: 2023-01-27

NISSAN MOTOR CO., Ltd. Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 458.1

Buy Stop

Below 439.4

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articles 2475
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Sell
Fractals Buy
Parabolic SAR Buy

NISSAN MOTOR CO., Ltd. Chart Analysis

NISSAN MOTOR CO., Ltd. Chart Analysis

NISSAN MOTOR CO., Ltd. Technical Analysis

The technical analysis of the Nissan Motor stock price chart on daily timeframe shows #T-7201,Daily has reversed its declining after falling to 26-month low four weeks ago. The 200-day moving average MA(200) is still falling. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian Channel at 458.1. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 439.4. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (439.4) without reaching the order (458.1), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - NISSAN MOTOR CO., Ltd.

Renault and Nissan are nearing a deal on alliance reboot. Will the Nissan Motor stock price continue rebounding?

Nissan Motor Co is a Japanese conglomerate which manufactures automobiles and automotive parts and sells them globally. Its market capitalization is $13.12 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 15.25 currently with the Return on Assets (ttm) of 1.00% and the Return on Equity (ttm) at 2.61%. Top executives from the Renault-Nissan alliance partners have started an operating board meeting Thursday to agree on rebalancing of Nissan and Renault cross shareholdings as well as new common projects. The deal involves Renault reducing its stake in Nissan to 15% over time while Nissan plans to invest in Renault’s carved-out electric-vehicle business Ampere. The partners are set to work on five initial projects. A joint event to present details of the plan is set to take place in London on February 6. The Nissan stock price is 1.4% higher today after meeting news.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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