Technical Analysis for CAJ - Canon, Inc.

Grade Last Price % Change Price Change
C 23.34 2.50% 0.57
CAJ closed up 2.5 percent on Friday, May 14, 2021, on 72 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical CAJ trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 2.50%
Doji - Bullish? Reversal 2.50%
Below Lower BB Weakness 2.50%
Down 3 Days in a Row Weakness 2.50%
Down 4 Days in a Row Weakness 2.50%
Gapped Down Weakness 2.50%
Older End-of-Day Signals for CAJ ...

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Profile

Canon, Inc. Description

Canon Inc. engages in the manufacture and sale of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment worldwide. The company operates in three segments: Office Business Unit, Imaging System Business Unit, and the Industry and Others Business Unit. The Office Business Unit segment manufactures, markets, and services a range of office network digital MFDs, color network digital MFDs, personal-use network digital MFDs, office copying machines, full-color copying machines, personal-use copying machines, laser printers, large format inkjet printers, digital production printers, and document solutions. This segment also offers software, services, and solutions. The Imaging System Business Unit segment manufactures and markets interchangeable-lens digital cameras, compact digital cameras, digital camcorders, digital cinema cameras, interchangeable lenses, inkjet printers, large-format inkjet printers, commercial photo printers, image scanners, broadcast equipment, and calculators. The Industry and Others Business Unit segment offers semiconductor lithography equipment, flat-panel-display lithography equipment, digital radiography systems, ophthalmic equipment, vacuum thin-film deposition equipment, organic LED panel manufacturing equipment, micromotors, computers, handy terminals, and document scanners. Canon Inc. also provides maintenance services to its copying machines, as well as supplies replacement drums, parts, toners, and papers. The company sells its products principally under the Canon brand name through independent distributors to dealers and retail outlets, as well as directly to end users. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.


Classification

Sector: Industrials
Industry: Business Equipment
Keywords: Laser Camera Retail Outlets Vacuum Ophthalmic Scanner Media Technology Lenses Office Equipment Digital Camera Digital Cameras Printer Toner Camcorders Camcorder Lithography Radiography Laser Printer Manufacturing Equipment Digital Cinema Inkjet Printing Document Solutions Function Devices Kodak Multi Function Printer Office Work

Is CAJ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.925
52 Week Low 15.46
Average Volume 210,979
200-Day Moving Average 19.78
50-Day Moving Average 23.05
20-Day Moving Average 23.69
10-Day Moving Average 23.50
Average True Range 0.47
ADX 15.67
+DI 35.52
-DI 35.75
Chandelier Exit (Long, 3 ATRs ) 24.52
Chandelier Exit (Short, 3 ATRs ) 24.07
Upper Bollinger Band 24.64
Lower Bollinger Band 22.74
Percent B (%b) 0.32
BandWidth 8.02
MACD Line 0.02
MACD Signal Line 0.15
MACD Histogram -0.1362
Fundamentals Value
Market Cap 24.41 Billion
Num Shares 1.05 Billion
EPS 1.98
Price-to-Earnings (P/E) Ratio 11.78
Price-to-Sales 0.66
Price-to-Book 0.83
PEG Ratio 2.64
Dividend 0.75
Dividend Yield 3.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.97
Resistance 3 (R3) 23.93 23.68 23.87
Resistance 2 (R2) 23.68 23.52 23.70 23.83
Resistance 1 (R1) 23.51 23.42 23.60 23.55 23.79
Pivot Point 23.26 23.26 23.30 23.28 23.26
Support 1 (S1) 23.09 23.10 23.18 23.13 22.89
Support 2 (S2) 22.84 23.00 22.86 22.85
Support 3 (S3) 22.67 22.84 22.82
Support 4 (S4) 22.71