Inverted head and shoulder in placeTSE:7951 is looking at a potential reversal after the stock formed an inverted head and shoulder formation. Furthermore, the stock has broken above the bearish gap down zone, indicating renewed buying pressure.
Hence, we believe that the stock is likely to edge up higher after long-term MACD mome
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0.09 USD
87.58 M USD
3.03 B USD
About Yamaha Corporation
Sector
Industry
Website
Headquarters
Hamamatsu
Founded
1977
ISIN
US9846271099
FIGI
BBG000C0C5R1
Yamaha Corp. engages in the manufacture and sale of musical instruments, audio equipment and electronic components. It operates through the following segments: Musical Instruments, Audio Equipment, and Others. The Musical Instruments segment provides piano, strings, percussion, wind, and electronic musical instruments. The Audio Equipment segment offers audio products, professional audio equipment, and telecommunications equipment. The Others segment deals with the electronic parts, automobile interior parts, factory automation equipment, golf equipment, and resort businesses. The company was founded by Torakusu Yamaha in November 1887 and is headquartered in Hamamatsu, Japan.
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