In the morning session today, 2 November, 34 stocks were reported to have the three bullish Ichimoku signals based on a Nikkei-average-style Ichimoku chart, while 113 stocks had the three bearish signals. The bullish-signal stocks included Chugoku Electric Power and Takara Holdings, while the bearish-signal stocks included Toyota Tsusho and Rakuten Bank.
Based on morning-session closing prices on 2 November, 34 stocks were reported to have the three bullish Ichimoku signals, while 113 had the three bearish signals. The bullish- and bearish-signal stocks are arranged by market popularity, with each stock’s price shown together with its change from the previous day and movements in the base line.
Examples of stocks with the three bullish signals include Chugoku Electric Power, at ¥1,121.5, up ¥127.2, or 12.8%, from the previous day, with the base line showing 1 consecutive rise, as well as JR East, Coca-Cola Bottlers Japan Holdings, Sekisui Chemical and Takara Holdings.
Examples of stocks with the three bearish signals include Toyota Tsusho, at ¥6,621, down ¥151 from the previous day; Keyence, at ¥75,650, down ¥2,350; Rakuten Bank, at ¥5,762, down ¥157; and Nissan Chemical, at ¥7,714, down ¥89.
The information was reproduced from Stock Board, a stock analysis software product, and is said to be available for viewing in real time.
The three bullish or bearish Ichimoku signals are defined as the fulfillment of 3 conditions: the conversion line is above the base line, the lagging span is above the share price 26 days earlier, and the share price is above the cloud for a bullish signal or below it for a bearish signal.