Nissan Análisis Técnico - Nissan Trading: 2023-01-27


Nissan Motor stock price forecast bullish as alliance deal nears

Resumen de análisis técnico NISSAN MOTOR CO., Ltd.: Comprar

IndicadorValorSeñal
RSINeutral
MACDComprar
Donchian ChannelComprar
MA(200)Vender
FractalsComprar
Parabolic SARComprar

Análisis gráfico

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.

Análisis fundamental de -

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.