Nitto Denko Corporation (6988)

Nitto Denko Corporation is listed on Tokyo Stock Exchange (6988) in the Basic Materials sector. Prices from Yahoo Finance with their delay; analysis computed from daily price history.

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3,298.00 -7.70%
Closed · Last quote: 6 Nov, 10:30 GST · Source: Yahoo Finance
Exchange
Tokyo Stock Exchange · Closed Opens in 7h 29m
Data delay
20 min
Day range
3,266.00 – 3,442.00
Prev. close
3,573.00

Key statistics

Open
3,436.00
Previous close
3,573.00
52-week range
2,882.50 – 4,038.00
Volume
5.3M
Avg volume (3M)
3.1M
Market cap
2.12T JPY
P/E (TTM)
15.6
EPS (TTM)
211.10
Dividend yield
2.18%
Sector
Basic Materials Specialty Chemicals
Listed in
Nikkei 225
Currency
JPY

Chart

Movement expectation (statistical)

Ranges the price would stay in with a given probability if its recent volatility continues.

Next trading day
3,153.203,449.45
Next 5 trading days
2,982.973,646.30
Horizon≈68% range (±1σ)≈95% range (±2σ)Past fit
Next trading day3,224.79 – 3,372.88
±2.27%		3,153.20 – 3,449.4575% / 96% of the last 250 periods stayed inside
Next 5 trading days3,136.53 – 3,467.78
±5.15%		2,982.97 – 3,646.3079% / 98% of the last 251 periods stayed inside

ATR range (Next trading day): 3,184.38 – 3,411.62 · (Next 5 trading days): 3,043.94 – 3,552.06

Daily volatility (σ, 60 days): 2.24%. Basis: close of 2026-11-06 and current price.

⚠️ These are statistical ranges calculated from the stock's own past volatility. They are not a price target, a forecast or a recommendation to buy or sell. Prices can and do move outside them, especially around earnings and news.

Trend reading

Downtrend A description of the indicators, not a recommendation.

  • Price is below its 200-day average: the long-term trend is down.
  • The 50-day average is above the 200-day (golden-cross structure).
  • Short term: below both the 20- and 50-day averages.
  • RSI 40.5: neutral zone (30–70).
  • MACD is below its signal line (negative momentum).
  • Volume today is 1.7× its 3-month average.
  • 18.9% below the 52-week high.

Pivot points

ClassicFibonacci
R33,580.673,511.33
R23,511.333,444.10
R13,404.673,402.57
P3,335.333,335.33
S13,228.673,268.10
S23,159.333,226.57
S33,052.673,159.33

From the 2026-11-06 daily bar (H 3,442.00 · L 3,266.00 · C 3,298.00)

Moving averages

Moving averagesPriceMA signal
SMA203,534.15Below
SMA503,466.20Below
SMA2003,336.96Below
EMA203,472.62Below
EMA503,464.45Below

MA signal: Strong sell · RSI (14): 40.5 · 1M volatility (ann.): 45.2%

Performance

1W-2.77%
1M-7.05%
3M-2.25%
YTD-11.22%
1Y-14.18%
52-week high4,068.00
52-week low2,882.50

MACD (12, 26, 9)

MACD
-38.794
Signal
-5.655
Histogram
-33.139
ATR (14)
113.62

Position in the sector heatmap

Today #23 of 24 Basic Materials stocks in Asian by change; sector average -5.06%.

Zijin Mining Group Company Limited-4.56%Shin-Etsu Chemical Co., Ltd.-6.69%China Hongqiao Group Limited-2.95%Nippon Steel Corporation-1.43%Nitto Denko Corporation-7.70%Sumitomo Metal Mining Co., Ltd.-6.73%Resonac Holdings Corporation-7.10%Mitsubishi Chemical Group Corporation-4.06%

Sector peers

Largest Basic Materials stocks in Asian by market cap

Zijin Mining Group Company Limited289928.90 HKD-4.56%69.2M768.5B HKDBasic Materials
Shin-Etsu Chemical Co., Ltd.40635,312.00 JPY-6.69%10M9.65T JPYBasic Materials
China Hongqiao Group Limited137820.40 HKD-2.95%23.4M198.1B HKDBasic Materials
Nippon Steel Corporation5401656.50 JPY-1.43%67.8M3.43T JPYBasic Materials
Nitto Denko Corporation69883,298.00 JPY-7.70%5.3M2.12T JPYBasic Materials
Sumitomo Metal Mining Co., Ltd.57137,633.00 JPY-6.73%3.8M2.05T JPYBasic Materials
Resonac Holdings Corporation400410,530.00 JPY-7.10%5.1M2T JPYBasic Materials
Mitsubishi Chemical Group Corporation41881,003.50 JPY-4.06%14M1.36T JPYBasic Materials
JFE Holdings, Inc.54111,747.00 JPY-2.46%12.5M1.11T JPYBasic Materials
Nissan Chemical Corporation40216,763.00 JPY-7.22%1.3M902.2B JPYBasic Materials
Sumitomo Chemical Company, Limited4005473.30 JPY-8.82%37.3M781.8B JPYBasic Materials
Kobe Steel, Ltd.54061,922.00 JPY-3.73%3.2M760.1B JPYBasic Materials

Delays: Hong Kong Exchange 15 min · Tokyo Stock Exchange 20 min

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