Sign InBreakout 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 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 -68.97% to JP¥3,146.25. Some other companies are on our watchlist to, among these are Inbound Tech Inc. TYO:7031 Daiei Kankyo Co., Ltd. TYO:9336 Palma Co., Ltd. TYO:3461 and PILOT CORPORATION TYO:7846 which all got a breakout pattern emerging.
| Date | Company | Price | Week 23 |
|---|---|---|---|
| Sumitomo Electric Industries,ltd. | JP¥3,146.25 | JP¥3,252.50 | 3.38% |
| 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% |
| Pilot Corporation | JP¥1,658.67 | JP¥1,625.00 | -2.03% |
The Sumitomo Electric Industries,Ltd. stock price gained 5.27% on the last trading day (Friday, 29th May 2026), rising from JP¥2,988.75 to JP¥3,146.25. During the last trading day the stock fluctuated 6.16% from a day low at JP¥2,963.75 to a day high of JP¥3,146.25. The price has risen in 6 of the last 10 days and is up by 14.62% 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, 19 million more shares were traded than the day before. In total, 40 million shares were bought and sold for approximately JP¥125.12 billion.
Sumitomo Electric Industries,Ltd. holds several positive signals and is considered to be a good choice at current levels. We expect the stock to perform very well in the short term period.
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 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 PILOT CORPORATION stock price gained 2.05% on the last trading day (Friday, 29th May 2026), rising from JP¥1,625.33 to JP¥1,658.67. During the last trading day the stock fluctuated 2.29% from a day low at JP¥1,627.33 to a day high of JP¥1,664.67. The price has risen in 7 of the last 10 days and is up by 6.69% 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, 106 thousand more shares were traded than the day before. In total, 355 thousand shares were bought and sold for approximately JP¥588.66 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 PILOT CORPORATION stock to perform well in the short-term.
About PILOT CORPORATION:
Pilot Corporation manufactures, purchases, and sells writing instruments, and other stationery products and toys in Japan, the Americas, Europe, and Asia. The company provides writing instruments, including ballpoint pens, mechanical pencils, ink markers, and fountain pens; stationery products, such as magnetic boards; office equipment; and toner cartridge recycling services. It also offers wedding rings and other precious metal accessories, as well as engages in the ceramic business. The company was founded in 1918 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 |
|---|---|---|
SRPT
$17.02
|
10.58% | Jun 29 |
NMRK
$15.02
|
0.466% | Jun 24 |
|
X
XMAX
$8.34
|
2.40% | Jun 24 |
NESR
$25.07
|
12.49% | Jun 23 |
CAG
$13.43
|
6.70% | Jun 23 |
