Ebara's share price rose 125 yen from the previous day on 28 September, accompanied by trading volume of 3.95 million shares, and recovered its positive divergence from the 25-day moving average. A mini golden cross between the 5-day and 25-day moving averages is considered within reach.
Ebara's share price rose 125 yen from the previous day on 28 September, accompanied by trading volume of 3.95 million shares, closing at that level. The share price recovered its positive divergence from the 25-day moving average, and technical indicators showed signs of improvement.
The market has pointed to the possibility of a mini golden cross forming between the 5-day and 25-day moving averages as the next development.