JPX ยท EQUITY ยท ENHANCED MARKET DYNAMICS

297A

Alpico Holdings Co., Ltd.

JP ยท Industrials ยท Conglomerates

EMD SCORE35/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions remain cautious, although the latest readings are improving.

Early repair50% directional agreement84% evidence confidence
Completed week
28 Aug 2026
Latest close
JPY 213.00
Evidence
88 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 3 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
27 Dec 2024โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท JPY +100+500-50-100 314.39256.41198.43 27 Dec 2024 ยท EMD 48/100 ยท close 308.17 3 Jan 2025 ยท EMD 42/100 ยท close 256.33 10 Jan 2025 ยท EMD 42/100 ยท close 248.65 17 Jan 2025 ยท EMD 47/100 ยท close 227.53 24 Jan 2025 ยท EMD 41/100 ยท close 229.45 31 Jan 2025 ยท EMD 46/100 ยท close 252.49 7 Feb 2025 ยท EMD 44/100 ยท close 245.77 14 Feb 2025 ยท EMD 45/100 ยท close 242.89 21 Feb 2025 ยท EMD 48/100 ยท close 245.77 28 Feb 2025 ยท EMD 39/100 ยท close 238.09 7 Mar 2025 ยท EMD 40/100 ยท close 237.13 14 Mar 2025 ยท EMD 48/100 ยท close 256.33 21 Mar 2025 ยท EMD 42/100 ยท close 245.77 28 Mar 2025 ยท EMD 44/100 ยท close 249.69 4 Apr 2025 ยท EMD 36/100 ยท close 220.31 11 Apr 2025 ยท EMD 41/100 ยท close 223.25 18 Apr 2025 ยท EMD 39/100 ยท close 229.12 25 Apr 2025 ยท EMD 45/100 ยท close 244.79 2 May 2025 ยท EMD 45/100 ยท close 244.79 9 May 2025 ยท EMD 45/100 ยท close 243.81 16 May 2025 ยท EMD 34/100 ยท close 221.29 23 May 2025 ยท EMD 37/100 ยท close 213.46 30 May 2025 ยท EMD 40/100 ยท close 215.42 6 Jun 2025 ยท EMD 38/100 ยท close 208.56 13 Jun 2025 ยท EMD 40/100 ยท close 208.56 20 Jun 2025 ยท EMD 44/100 ยท close 215.42 27 Jun 2025 ยท EMD 37/100 ยท close 204.65 4 Jul 2025 ยท EMD 43/100 ยท close 206.60 11 Jul 2025 ยท EMD 35/100 ยท close 205.62 18 Jul 2025 ยท EMD 32/100 ยท close 207.58 25 Jul 2025 ยท EMD 36/100 ยท close 210.52 1 Aug 2025 ยท EMD 44/100 ยท close 217.38 8 Aug 2025 ยท EMD 42/100 ยท close 219.33 15 Aug 2025 ยท EMD 46/100 ยท close 218.35 22 Aug 2025 ยท EMD 53/100 ยท close 225.21 29 Aug 2025 ยท EMD 52/100 ยท close 230.10 5 Sep 2025 ยท EMD 56/100 ยท close 228.15 12 Sep 2025 ยท EMD 54/100 ยท close 224.23 19 Sep 2025 ยท EMD 51/100 ยท close 220.31 26 Sep 2025 ยท EMD 51/100 ยท close 220.31 3 Oct 2025 ยท EMD 66/100 ยท close 231.08 10 Oct 2025 ยท EMD 50/100 ยท close 220.31 17 Oct 2025 ยท EMD 57/100 ยท close 220.31 24 Oct 2025 ยท EMD 61/100 ยท close 226.19 31 Oct 2025 ยท EMD 65/100 ยท close 230.10 7 Nov 2025 ยท EMD 60/100 ยท close 226.19 14 Nov 2025 ยท EMD 62/100 ยท close 224.23 21 Nov 2025 ยท EMD 54/100 ยท close 212.48 28 Nov 2025 ยท EMD 58/100 ยท close 218.35 5 Dec 2025 ยท EMD 45/100 ยท close 211.50 12 Dec 2025 ยท EMD 42/100 ยท close 209.54 19 Dec 2025 ยท EMD 38/100 ยท close 209.54 26 Dec 2025 ยท EMD 47/100 ยท close 225.21 2 Jan 2026 ยท EMD 54/100 ยท close 229.12 9 Jan 2026 ยท EMD 56/100 ยท close 229.12 16 Jan 2026 ยท EMD 60/100 ยท close 231.08 23 Jan 2026 ยท EMD 57/100 ยท close 235.00 30 Jan 2026 ยท EMD 64/100 ยท close 240.88 6 Feb 2026 ยท EMD 59/100 ยท close 238.92 13 Feb 2026 ยท EMD 61/100 ยท close 242.83 20 Feb 2026 ยท EMD 66/100 ยท close 246.75 27 Feb 2026 ยท EMD 64/100 ยท close 245.77 6 Mar 2026 ยท EMD 66/100 ยท close 241.85 13 Mar 2026 ยท EMD 59/100 ยท close 233.04 20 Mar 2026 ยท EMD 60/100 ยท close 233.04 27 Mar 2026 ยท EMD 60/100 ยท close 235.00 3 Apr 2026 ยท EMD 57/100 ยท close 232.00 10 Apr 2026 ยท EMD 57/100 ยท close 235.00 17 Apr 2026 ยท EMD 55/100 ยท close 235.00 24 Apr 2026 ยท EMD 49/100 ยท close 230.00 1 May 2026 ยท EMD 50/100 ยท close 230.00 8 May 2026 ยท EMD 51/100 ยท close 232.00 15 May 2026 ยท EMD 33/100 ยท close 214.00 22 May 2026 ยท EMD 35/100 ยท close 211.00 29 May 2026 ยท EMD 32/100 ยท close 210.00 5 Jun 2026 ยท EMD 32/100 ยท close 208.00 12 Jun 2026 ยท EMD 34/100 ยท close 210.00 19 Jun 2026 ยท EMD 34/100 ยท close 210.00 26 Jun 2026 ยท EMD 33/100 ยท close 210.00 3 Jul 2026 ยท EMD 35/100 ยท close 215.00 10 Jul 2026 ยท EMD 33/100 ยท close 217.00 17 Jul 2026 ยท EMD 38/100 ยท close 218.00 24 Jul 2026 ยท EMD 35/100 ยท close 216.00 31 Jul 2026 ยท EMD 34/100 ยท close 217.00 7 Aug 2026 ยท EMD 31/100 ยท close 213.00 14 Aug 2026 ยท EMD 40/100 ยท close 215.00 21 Aug 2026 ยท EMD 39/100 ยท close 215.00 28 Aug 2026 ยท EMD 35/100 ยท close 213.00 3 Jan 2025 ยท Down-cycle confirmed ยท close 256.33 8 Aug 2025 ยท Up-cycle confirmed ยท close 219.33 26 Dec 2025 ยท Up-cycle confirmed ยท close 225.21 27 Dec 202431 Oct 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 10%Current EMD -29.44-week EMD change +1.7156-week price range JPY 204.65โ€“308.17

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

46/1000.27

Cautious pressure beneath price
4-week change +0.61

02

Trend and deviation

15/100-5.0% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

50/1004w -1.8% ยท 13w +1.4%

Momentum is applying downside pressure
SMI 0.06

04

Price-volume pressure

25/10025% constructive pressure

Volume is leaning against the close
Volume ratio 3.15x

05

Relative leadership

3/100-20.60

The ticker is lagging its benchmark
4-week change -0.95

06

Modeled Trend

59/100Modeled Trend 0.10

Modeled Trend is supportive
Smoothed Modeled Trend 0.19

Evidence context