Sign InBreakout Stocks of Week 22 @ TYO
NASDAQ was up last week (week 21) by 0.453% ending at 26,343.97 points after gaining 118.83 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 Sumitomo Electric Industries,Ltd. TYO:5802. This stock has had a buy signal since Apr 16, 2026 when the price was JP¥10,140.00 , but have so far fallen -70.86% to JP¥2,955.00. Some other companies are on our watchlist to, among these are Seibu Electric & Machinery Co., Ltd. TYO:6144 Palma Co., Ltd. TYO:3461 MEIWA INDUSTRY CO.,LTD. TYO:7284 and Iwabuchi Corporation TYO:5983 which all got a breakout pattern emerging.
| Date | Company | Price | Week 22 |
|---|---|---|---|
| Sumitomo Electric Industries,ltd. | JP¥2,955.00 | JP¥3,146.25 | 6.47% |
| Seibu Electric & Machinery Co., Ltd. | JP¥2,910.00 | JP¥2,849.00 | -2.10% |
| Palma Co., Ltd. | JP¥560.00 | JP¥568.00 | 1.43% |
| Meiwa Industry Co.,ltd. | JP¥1,255.00 | JP¥1,299.00 | 3.51% |
| Iwabuchi Corporation | JP¥13,100.00 | JP¥13,170.00 | 0.534% |
The Sumitomo Electric Industries,Ltd. stock price gained 10.16% on the last trading day (Friday, 22nd May 2026), rising from JP¥2,682.50 to JP¥2,955.00. During the last trading day the stock fluctuated 4.30% from a day low at JP¥2,850.00 to a day high of JP¥2,972.50. The price has been going up and down for this period, and there has been a 4.56% gain 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, 11 thousand more shares were traded than the day before. In total, 24 million shares were bought and sold for approximately JP¥70.32 billion.
Sumitomo Electric Industries,Ltd. holds several positive signals and is within a strong 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 Sumitomo Electric Industries,Ltd.:
Sumitomo Electric Industries, Ltd. manufactures and sells electric wires and cables worldwide. It operates through Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others segments. The company offers wiring harnesses and electrical components; steel cords for tire reinforcement; steel wires for springs; wiring materials; optical lenses for infrared devices; abrasion-resistant parts/materials; heat shrink and heat-resistant tubing/tapes; magnet and aluminum bars/wires; spinel products; products for electronic devices; sintered parts; and EV quick-charger connector assemblies. It also provides fiber optics products; fusion splicer and accessories; data center solutions; intelligent transport systems; remote monitoring systems; NanoPlug series; CATV systems; set top boxes; optical transceiver modules, and optical and wireless devices; optical lenses for infrared devices; AirMT, non-contact multi-fiber interconnects; and low profile fiber-array for silicon photonics. In addition, the company offers electronic wires; flexible printed circuits; heat-shrinkable tubings; cladded/plated and electroplated wires; thermoplastic molded components; PTFE membranes; spiral shielded and electronic wires; cross linked fluorine resins; coaxial cables; flat components; thunderbolt cables; plated and alloy wires; abrasion-resistant parts/materials; and RGB laser modules. Further, it provides various energy and environment systems; products for railway and transport machinery; steel wires for springs; abrasion-resistant parts/materials; magnet wires; diamond/CBN grinding wheels; PC steel wires and high-strength shear reinforcement; drills/endmills; CBN/PCD; milling and turning tools; laser optics; and magnesium alloy parts. The company was formerly known as Sumitomo Electric Wire & Cable Works and changed its name to Sumitomo Electric Industries, Ltd. in 1939. The company was founded in 1897 and is headquartered in Osaka, Japan.
The Seibu Electric & Machinery Co., Ltd. stock price fell by -0.615% on the last day (Friday, 22nd May 2026) from JP¥2,928.00 to JP¥2,910.00. During the last trading day the stock fluctuated 1.93% from a day low at JP¥2,895.00 to a day high of JP¥2,951.00. The price has fallen in 7 of the last 10 days and is down by -1.85% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 thousand shares were bought and sold for approximately JP¥19.50 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 Seibu Electric & Machinery Co., Ltd. stock to perform well in the short-term.
The Palma Co., Ltd. stock price fell by -0.709% on the last day (Friday, 22nd May 2026) from JP¥564.00 to JP¥560.00. During the last trading day the stock fluctuated 0.89% from a day low at JP¥560.00 to a day high of JP¥565.00. The price has fallen in 5 of the last 10 days and is down by -0.88% for this period. 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 -300 shares and in total, 5 thousand shares were bought and sold for approximately JP¥2.52 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 Palma Co., Ltd. stock to perform well in the short-term.
About Palma Co., Ltd.:
Kyokuyo Co., Ltd. purchases, sells, imports, and exports marine products in Japan and internationally. The company operates through Marine Products Purchasing, Frozen Foods, Shelf-Stable Foods, Logistics, and Tuna segments. It provides fillets, and shelled crab and peeled shrimps. The company also offers sushi toppings to restaurant chains; Dandori Jozu products for industrial use as meals; fried marine products, imitation crab meat, livestock products, and frozen vegetables to restaurant channels and deli departments; and frozen foods for home use. In addition, it produces canned seafood, such as mackerel, skipjack, salmon, and sardine; and products under the Sea Marché brand, as well as sells dried squid, squid jerky, other seafood delicacies, and health food products comprising glucosamine and DHA supplements. Further, the company is involved in the operation of cold storage business; and fishing, farming, purchasing, processing, and marketing skipjack, bluefin tuna, and other tuna. Kyokuyo Co., Ltd. was founded in 1937 and is headquartered in Tokyo, Japan.
The MEIWA INDUSTRY CO.,LTD. stock price gained 2.12% on the last trading day (Friday, 22nd May 2026), rising from JP¥1,229.00 to JP¥1,255.00. During the last trading day the stock fluctuated 1.04% from a day low at JP¥1,255.00 to a day high of JP¥1,268.00. The price has fallen in 5 of the last 10 days and is down by -5.28% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 100 more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately JP¥2.51 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 MEIWA INDUSTRY CO.,LTD. stock to perform well in the short-term.
About MEIWA INDUSTRY CO.,LTD.:
Meiwa Industry Co., Ltd. manufactures and sells automotive interior parts in Japan. It offers automotive interior components under the Shiko, Zem-Light, Zem-Light SPS, and Meitone brand names for use in various areas, such as trunk, floor mats, and roofs of sedans, wagons, SUVs, minivans, small cars, and trucks. The company also manufactures and sells home construction materials and devices comprising floor materials, housing equipment parts, sound insulation/soundproof material, and water shield/water stop material. Meiwa Industry Co., Ltd. was incorporated in 1950 and is headquartered in Atsugi, Japan.
The Iwabuchi Corporation stock price gained 0.769% on the last trading day (Friday, 22nd May 2026), rising from JP¥13,000.00 to JP¥13,100.00. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.29% from a day low at JP¥13,100.00 to a day high of JP¥13,400.00. The price has risen in 7 of the last 10 days but is still down by -3.53% for this period. Volume fell on the last day by -200 shares and in total, 400 shares were bought and sold for approximately JP¥5.24 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 Iwabuchi Corporation stock to perform well in the short-term.
About Iwabuchi Corporation:
Kyokuyo Co., Ltd. purchases, sells, imports, and exports marine products in Japan and internationally. The company operates through Marine Products Purchasing, Frozen Foods, Shelf-Stable Foods, Logistics, and Tuna segments. It provides fillets, and shelled crab and peeled shrimps. The company also offers sushi toppings to restaurant chains; Dandori Jozu products for industrial use as meals; fried marine products, imitation crab meat, livestock products, and frozen vegetables to restaurant channels and deli departments; and frozen foods for home use. In addition, it produces canned seafood, such as mackerel, skipjack, salmon, and sardine; and products under the Sea Marché brand, as well as sells dried squid, squid jerky, other seafood delicacies, and health food products comprising glucosamine and DHA supplements. Further, the company is involved in the operation of cold storage business; and fishing, farming, purchasing, processing, and marketing skipjack, bluefin tuna, and other tuna. Kyokuyo Co., Ltd. was founded in 1937 and is headquartered in Tokyo, 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.
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