
Technical analysis of Advantest Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Advantest Corporation (6857.T) is a Japanese technology-sector company that manufactures and sells semiconductor and component test systems, including automated test equipment for system-on-chip, memory, and power devices. The company also provides metrology tools, system-level test solutions, cloud software, and engineering and support services. It operates across Japan, the rest of Asia, the Americas, and Europe.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
36,470.48
−5.57%
50 sessions
35,015.00
−1.64%
200 sessions
28,485.31
+20.90%
s2
32,816.67
Support
s1
33,343.33
Support
pivot
34,216.67
Pivot
r1
34,743.33
Resistance
r2
35,616.67
Resistance
In the October 20, 2026 session Advantest Corporation closed higher at 34,440.00 , +1.68% versus the previous session.
The price sits mixed against its moving averages: −5.57% against the 21-session average, −1.64% against the 50 and +20.90% against the 200.
The 14-period RSI reads 44.8, in neutral territory.
MACD stands at 357.352 against a signal line at 1,085.699: the histogram is negative (−728.347).
ADX reads 22.6, indicating weak directionality.
Levels computed on the latest session place supports at 33,343.33 and 32,816.67 and resistances at 34,743.33 and 35,616.67 , around a pivot of 34,216.67.
The average daily range (ATR) is 2,080.714 , or 6.04% of price.
Turnover was 16.1M shares, 108% of the 20-session average.
Over the last twelve months the price ranged between 24,135.00 and 41,990.00 , and today stands −17.98% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is a stock like Advantest Corporation analyzed technically?
Technical analysis of a stock like Advantest involves studying price charts, trading volumes, and mathematical indicators derived from historical price series, without reference to company fundamentals. Analysts look for trends, support and resistance levels, and recurring price patterns to describe how the stock has behaved over time.
What technical indicators are commonly used to analyze a listed stock?
Widely used indicators include moving averages (SMA, EMA) to identify trend direction, the RSI to assess overbought or oversold conditions, and the MACD to observe the convergence and divergence of averages. Bollinger Bands and trading volume are also frequently used to analyze volatility and the strength of price movements.
On which timeframes is technical analysis of a stock typically observed?
Technical analysis can be applied across a wide range of timeframes, from daily or weekly charts—often used for a medium-to-long-term perspective—to 15-minute or 60-minute charts, which are more suited to short-term observation. The choice of timeframe depends on the analyst's horizon and approach.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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