Breakout Stocks of Week 23 @ TYO
NASDAQ was up last week (week 22) by 2.40% ending at 26,976.35 points after gaining 632.38 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 Inbound Tech Inc. TYO:7031. This stock has had a buy signal since May 22, 2026 when the price was JP¥640.00 and is so far up 1.25% to JP¥648.00. Some other companies are on our watchlist to, among these are Daiei Kankyo Co., Ltd. TYO:9336 Palma Co., Ltd. TYO:3461 TOKYO STEEL MANUFACTURING CO.,LTD. TYO:5423 and TOMEN DEVICES CORPORATION TYO:2737 which all got a breakout pattern emerging.
| Date | Company | Price | Week 23 |
|---|---|---|---|
| Inbound Tech Inc. | JP¥648.00 | JP¥618.00 | -4.63% |
| Daiei Kankyo Co., Ltd. | JP¥3,935.00 | JP¥3,830.00 | -2.67% |
| Palma Co., Ltd. | JP¥568.00 | JP¥556.00 | -2.11% |
| Tokyo Steel Manufacturing Co.,ltd. | JP¥1,756.00 | JP¥1,698.00 | -3.30% |
| Tomen Devices Corporation | JP¥13,990.00 | JP¥14,680.00 | 4.93% |
The Inbound Tech Inc. stock price gained 2.69% on the last trading day (Friday, 29th May 2026), rising from JP¥631.00 to JP¥648.00. During the last trading day the stock fluctuated 5.08% from a day low at JP¥630.00 to a day high of JP¥662.00. The price has been going up and down for this period, and there has been a 3.68% gain for the last 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 5 thousand shares were bought and sold for approximately JP¥3.11 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.
Inbound Tech Inc. holds several positive signals and is considered to be a good choice at current levels. We expect the Inbound Tech Inc. stock to perform great in the short-term period.
The Daiei Kankyo Co., Ltd. stock price gained 0.127% on the last trading day (Friday, 29th May 2026), rising from JP¥3,930.00 to JP¥3,935.00. During the last trading day the stock fluctuated 1.65% from a day low at JP¥3,930.00 to a day high of JP¥3,995.00. The price has been going up and down for this period, and there has been a -8.49% 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, 66 thousand more shares were traded than the day before. In total, 222 thousand shares were bought and sold for approximately JP¥873.96 million.
Daiei Kankyo 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.
The Palma Co., Ltd. stock price gained 0.176% on the last trading day (Friday, 29th May 2026), rising from JP¥567.00 to JP¥568.00. During the last trading day the stock fluctuated 1.42% from a day low at JP¥562.00 to a day high of JP¥570.00. The price has fallen in 5 of the last 10 days but is still up by 0.89% 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, 700 more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately JP¥2.04 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 TOKYO STEEL MANUFACTURING CO.,LTD. stock price gained 2.57% on the last trading day (Friday, 29th May 2026), rising from JP¥1,712.00 to JP¥1,756.00. During the last trading day the stock fluctuated 3.66% from a day low at JP¥1,696.00 to a day high of JP¥1,758.00. The price has fallen in 6 of the last 10 days and is down by -3.78% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 206 thousand more shares were traded than the day before. In total, 497 thousand shares were bought and sold for approximately JP¥872.38 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 TOKYO STEEL MANUFACTURING CO.,LTD. stock to perform well in the short-term.
About TOKYO STEEL MANUFACTURING CO.,LTD.:
Tokyo Steel Manufacturing Co., Ltd. manufactures and sells various steel products in Japan. The company offers various long products, such as H beams, U-shaped steel-sheet piles, I-beams, checkered H-beams, channels, and deformed bars for use in various building and civil engineering projects, as well as in automobile and machinery components. It also provides flat products comprising heavy steel plates, hot rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets for use in construction, industrial equipment, plant equipment, bridges, and ship-buildings. The company was founded in 1934 and is headquartered in Tokyo, Japan.
The TOMEN DEVICES CORPORATION stock price gained 1.08% on the last trading day (Friday, 29th May 2026), rising from JP¥13,840.00 to JP¥13,990.00. During the last trading day the stock fluctuated 4.11% from a day low at JP¥13,630.00 to a day high of JP¥14,190.00. The price has fallen in 6 of the last 10 days and is down by -4.18% for this period. Volume fell on the last day by -27 thousand shares and in total, 72 thousand shares were bought and sold for approximately JP¥1.01 billion. 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 TOMEN DEVICES CORPORATION stock to perform well in the short-term.
About TOMEN DEVICES CORPORATION:
Tomen Devices Corporation operates as an electronics trading company in Japan. The company sells semiconductors products and electronic components. Its products include memory semiconductors, including dynamic random access, flash, solid-state drive, and multi-chip package; system LSI semiconductors, including system on a chip and application specific intergraded circuits, display drive ICs, and CMOS image sensors; and liquid crystal displays, light emitting diodes, organic light emitting diodes, and multi-layered ceramic capacitors. The company was incorporated in 1945 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.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
EAT
$140.46
|
4.95% | Jun 05 |
TPR
$140.47
|
0.320% | Jun 04 |
|
N
NVRI
$19.53
|
4.92% | May 20 |
GLBE
$31.61
|
3.54% | May 05 |
FIZZ
$34.11
|
8.80% | May 01 |
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