Breakout Stocks of Week 27 @ TYO
NASDAQ was up last week (week 26) by 0.244% ending at 17,732.60 points after gaining 43.24 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are ARCLAND SAKAMOTO CO.,LTD. TYO:9842. This stock has had a buy signal since Jun 24, 2024 when the price was JP¥1,921.00 and is so far up 1.20% to JP¥1,944.00. Some other companies are on our watchlist to, among these are ODAWARA AUTO-MACHINE MFG.CO.,LTD. TYO:7314 MAEZAWA KYUSO INDUSTRIES CO.,LTD. TYO:6485 SANKYU INC. TYO:9065 and SAN-AI OIL CO.,LTD. TYO:8097 which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Arcland Sakamoto Co.,ltd. | JP¥1,944.00 | JP¥1,916.00 ( 2nd Jul 2024 ) | -1.44% |
| Odawara Auto-machine Mfg.co.,ltd. | JP¥1,113.00 | JP¥1,130.00 ( 2nd Jul 2024 ) | 1.53% |
| Maezawa Kyuso Industries Co.,ltd. | JP¥1,341.00 | JP¥1,340.00 ( 2nd Jul 2024 ) | -0.0746% |
| Sankyu Inc. | JP¥5,488.00 | JP¥5,471.00 ( 2nd Jul 2024 ) | -0.310% |
| San-ai Oil Co.,ltd. | JP¥2,063.00 | JP¥2,143.00 ( 2nd Jul 2024 ) | 3.88% |
The ARCLAND SAKAMOTO CO.,LTD. stock price gained 0.361% on the last trading day (Friday, 28th Jun 2024), rising from JP¥1,937.00 to JP¥1,944.00. During the last trading day the stock fluctuated 1.24% from a day low at JP¥1,932.00 to a day high of JP¥1,956.00. The price has risen in 5 of the last 10 days and is up by 0.67% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 11 thousand more shares were traded than the day before. In total, 150 thousand shares were bought and sold for approximately JP¥290.82 million.
ARCLAND SAKAMOTO CO.,LTD. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About ARCLAND SAKAMOTO CO.,LTD.:
Arcland Sakamoto Co.,Ltd. develops and manages home centers in Japan. The company offers daily necessities; pet and gardening supplies; building and agricultural materials; art materials, calligraphy, pottery, and stained glasses; and stationery, health, beauty and care products, etc. It also operates supermarkets, restaurants, and drug stores; operates an online shop for home improvement products; and supplies work tools, gardening supplies, and houseware supplies to home centers. In addition, the company is involved in remodeling and exterior business. The company was founded in 1970 and is headquartered in Sanjo, Japan.
The ODAWARA AUTO-MACHINE MFG.CO.,LTD. stock price gained 0.180% on the last trading day (Friday, 28th Jun 2024), rising from JP¥1,111.00 to JP¥1,113.00. During the last trading day the stock fluctuated 1.73% from a day low at JP¥1,100.00 to a day high of JP¥1,119.00. The price has risen in 6 of the last 10 days and is up by 2.11% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately JP¥2.11 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ODAWARA AUTO-MACHINE MFG.CO.,LTD. stock to perform well in the short-term.
About ODAWARA AUTO-MACHINE MFG.CO.,LTD.:
Odawara Auto-Machine Mfg. Co., Ltd. designs, manufactures, and sells bus and railway fare collecting equipment. The company offers fare boxes, payment terminals, IC card systems, thermal ticket machines, liquid crystal fare indicators, speech synthesis guidance devices, fare adjustment machines, data management systems, voice packet transceivers, bus location systems, LED railway indicators, and departure signs. It also offers system development, engineering, and software design services; and imports, exports, and sells system and equipment. Odawara Auto-Machine Mfg. Co., Ltd. was founded in 1950 and is headquartered in Odawara, Japan.
The MAEZAWA KYUSO INDUSTRIES CO.,LTD. stock price fell by -0.371% on the last day (Friday, 28th Jun 2024) from JP¥1,346.00 to JP¥1,341.00. During the last trading day the stock fluctuated 1.50% from a day low at JP¥1,330.00 to a day high of JP¥1,350.00. The price has risen in 6 of the last 10 days and is up by 0.6% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 thousand shares and in total, 8 thousand shares were bought and sold for approximately JP¥11.26 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MAEZAWA KYUSO INDUSTRIES CO.,LTD. stock to perform well in the short-term.
About MAEZAWA KYUSO INDUSTRIES CO.,LTD.:
Maezawa Kyuso Industries Co.,Ltd. designs, manufactures, and sells water supply equipment in Japan. It offers corporation stops with saddle, pipe fittings, ball-type water stop valves, water meters, meter sets, crosslinked polyethylene pipes, indoor plumbing units, joint clears, pair tube for reheating devices, and stainless steel fittings. The company was founded in 1937 and is headquartered in Tokyo, Japan.
The SANKYU INC. stock price gained 0.568% on the last trading day (Friday, 28th Jun 2024), rising from JP¥5,457.00 to JP¥5,488.00. During the last trading day the stock fluctuated 1.07% from a day low at JP¥5,441.00 to a day high of JP¥5,499.00. The price has been going up and down for this period, and there has been a -0.18% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 46 thousand more shares were traded than the day before. In total, 138 thousand shares were bought and sold for approximately JP¥755.70 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SANKYU INC. stock to perform well in the short-term.
About SANKYU INC.:
Sankyu Inc. provides logistics services in Japan, North and South America, rest of Asia, and internationally. The company offers logistics solutions, such as consulting, air freight, international multi-modal transport, trucking, and customs brokerage services; and operates warehouse and distribution centers, and container terminals. It also provides plant engineering and installation services, including plant design and engineering; fabrication and processing of plant equipment, piping, steel, steel-frame and offshore structures, bridges, and transportation equipment; transportation of heavy loads; plant construction and installation in petrochemical, steel, environmental, and power sectors; and fabrication and construction of bridges, such as road, railway, pedestrian, and water-pipe bridges, as well as maintains the function and performance of expressways. In addition, the company offers various services, such as the transportation of raw materials, intermediate materials, and internal products, as well as line operations, process control, and warehouse management services. Sankyu Inc. was founded in 1918 and is headquartered in Tokyo, Japan.
The SAN-AI OIL CO.,LTD. stock price gained 0.389% on the last trading day (Friday, 28th Jun 2024), rising from JP¥2,055.00 to JP¥2,063.00. During the last trading day the stock fluctuated 1.46% from a day low at JP¥2,053.00 to a day high of JP¥2,083.00. The price has fallen in 6 of the last 10 days and is down by -3.01% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 69 thousand more shares were traded than the day before. In total, 218 thousand shares were bought and sold for approximately JP¥449.12 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SAN-AI OIL CO.,LTD. stock to perform well in the short-term.
About SAN-AI OIL CO.,LTD.:
San-Ai Obbli Co., Ltd. engages in the wholesale and retail of petroleum products and liquefied petroleum gas. The company is also involved in the storage and related operation of petroleum products, LP gas, and gas pipeline service business. In addition, it engages in the aviation fuel storage facility and into-plane fuel service operations; design, construction, and consulting of aircraft refueling facilities; and generation and sale of electric power. Further, the company offers chemical products, including antiseptic/antifungal agents, fire extinguishing agents, microbial apparatus, car wash, and coating agent. The company was formerly known as San-Ai Oil Co.,Ltd. and changed its name to San-Ai Obbli Co., Ltd. in April 2022. San-Ai Obbli Co., Ltd. was incorporated in 1947 and is headquartered in Chiyoda, Japan.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
