Mitsubishi Pencil (7976.T) Technical Analysis
As of 2026-07-22, 7976.T last traded at 2,628 JPY (-1.54% on the day) and is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Nearest levels: 2,498.5 JPY support below, 2,639 JPY resistance above. 14-day RSI is 50.9 (neutral).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 7976.T in an uptrend or downtrend?
Mitsubishi Pencil is in a uptrend — price above rising 50-DMA, 50-DMA above 200-DMA.
| Last close | 2,628 JPY (-1.54%) |
|---|---|
| 20-day average | 2,677.8 JPY |
| 50-day average | 2,601.78 JPY |
| 200-day average | 2,351.09 JPY |
Key support and resistance levels for 7976.T
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 2,639 JPY | Resistance | Minor | 1 |
| 2,673 JPY | Resistance | Minor | 1 |
| 2,748 JPY | Resistance | Moderate | 2 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 2,498.5 JPY | Support | Moderate | 2 |
| 2,428 JPY | Support | Minor | 1 |
| 2,310.33 JPY | Support | Strong | 3 |
7976.T 52-week range, momentum and volatility
| 52-week high | 2,748 JPY (4.4% below) |
|---|---|
| 52-week low | 1,981 JPY (32.7% above) |
| 14-day RSI | 50.9 (Neutral) |
| 14-day ATR | 54.5 JPY (2.07% of price, Moderate volatility) |
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Frequently asked questions
Is Mitsubishi Pencil (7976.T) in an uptrend or downtrend?
As of 2026-07-22, 7976.T is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Last close 2628 JPY vs 50-day average 2601.78 JPY and 200-day average 2351.09 JPY.
What are the key support and resistance levels for 7976.T?
Nearest support is around 2498.5 JPY (moderate, 2 touches). Nearest resistance is around 2639 JPY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 7976.T's 52-week high and low?
Over the last 52 weeks, 7976.T traded between 1981 JPY and 2748 JPY. It is currently 4.4% below its 52-week high.
Is 7976.T overbought or oversold?
The 14-day RSI is 50.9 — in a neutral 30–70 range. Momentum reads as neutral.
How volatile is 7976.T?
Its 14-day Average True Range is 54.5 (2.07% of price) — moderate volatility relative to price.