What the company does
Neturen Co., Ltd., together with its subsidiaries, manufactures and sells steel bars in Japan and internationally. It operates through Specialty Steel and Wire Products, Induction Heating, and Others segments. The company offers prestressed concrete (PC) steel bars, deformed PC steel bars, and shear reinforcement products for civil engineering and construction applications; high-strength spring steel wire (ITW) products for the use in suspension springs for automobiles and two-wheeled vehicles; automotive parts; construction machine parts; machining equipment; and pre-hardened wires. It is also involved in the manufacturing and sale of induction heating equipment and high-frequency hardening equipment; …
What the weekly tape is saying
5976 closed the latest completed week at 1,291 JPY. The 4-week return is 1.7% and the 12-week return is -0.1%. Trend Signal is active, Market Dynamics is -0.87. Setup signature: Balanced read with a 51/100 composite read.
A compressed read of the whole setup
The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.
Scoreboard
16-week signal tape
Price, Trend Line, and Fair Value
Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.
52-week price path
Price map
- Trend Line
- 1,288 JPY
- Vs Trend Line
- 0.2%
- Fair Value
- 1,017 JPY
- Vs Fair Value
- 26.9%
- 52W High
- 1,469 JPY
- 52W Low
- 1,013 JPY
- Drawdown
- -12.1%
- Range Position
- 61.0%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 56 weeks
- 52W Active Weeks
- 52
- 52W Active Breadth
- 100.0%
- Sector Scope
- JP Basic Materials
- Sector Rank
- 77 of 264
- Sector Percentile
- 71.1%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
JP Basic Materials
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- -1.4%
- Avg 4W
- 0.5%
- Trend Breadth
- 64.0%
- Positive MD
- 42.0%
JP Steel
- Tracked Peers
- 41
- 4W Rank
- 7 of 41
- Avg 1W
- -0.8%
- Avg 4W
- 0.5%
- Trend Breadth
- 46.3%
- Positive RS
- 7.3%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Signal state
- Market Dynamics
- -0.87
- 4W MD Change
- 2.5%
- Relative Strength
- -19.27
- 4W RS Change
- -15.9%
- Expectation
- Undecided
- Probability
- 54.43%
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 535.4K
- 13W Average
- 438.7K
- 52W Average
- 410.5K
- Vs 13W
- 1.2x
- Vs 52W
- 1.3x
Volatility, downside weeks, and return shape
A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.
26-week return distribution
Risk map
- 13W Volatility
- 1.5%
- 52W Volatility
- 2.1%
- Upside Weeks
- 34
- Downside Weeks
- 18
- Downside Breadth
- 34.6%
- Avg Gain / Loss
- 1.6% / -1.8%
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- JPX
- Country
- JP
- Sector
- Basic Materials
- Industry
- Steel
- Currency
- JPY
- Market Cap
- 42.7B
Opportunity signals
- Trend Signal is active with a 56-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
Risk signals
- Market Dynamics is negative, which weakens the current setup.
Watch next
- Trend Line remains the key weekly regime level.
- Market Dynamics is the pressure gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 1,291 JPY | 0.2% | 1,288 JPY | 1,017 JPY | -0.87 | -19.27 | 535.4K | On |
| 5 Jun 2026 | 1,289 JPY | -1.5% | 1,283 JPY | 1,015 JPY | -0.83 | -20.57 | 432.8K | On |
| 29 May 2026 | 1,309 JPY | 2.7% | 1,279 JPY | 1,011 JPY | -0.81 | -19.56 | 382.4K | On |
| 22 May 2026 | 1,274 JPY | 0.3% | 1,274 JPY | 1,008 JPY | -0.82 | -18.49 | 548.2K | On |
| 15 May 2026 | 1,270 JPY | -3.0% | 1,271 JPY | 1,005 JPY | -0.89 | -16.63 | 636.3K | On |
| 8 May 2026 | 1,309 JPY | 1.2% | 1,267 JPY | 1,002 JPY | -0.96 | -16.20 | 132.9K | On |
| 1 May 2026 | 1,294 JPY | 0.9% | 1,262 JPY | 998.0 JPY | -0.97 | -12.89 | 377.3K | On |
| 24 Apr 2026 | 1,283 JPY | -2.6% | 1,257 JPY | 993.7 JPY | -0.85 | -14.07 | 284.0K | On |
| 17 Apr 2026 | 1,317 JPY | 0.6% | 1,253 JPY | 989.5 JPY | -0.60 | -10.14 | 315.6K | On |
| 10 Apr 2026 | 1,309 JPY | 1.2% | 1,249 JPY | 985.0 JPY | -0.48 | -8.42 | 338.7K | On |
| 3 Apr 2026 | 1,293 JPY | 0.2% | 1,245 JPY | 980.4 JPY | -0.15 | -3.24 | 589.2K | On |
| 27 Mar 2026 | 1,291 JPY | -0.1% | 1,241 JPY | 975.9 JPY | 0.23 | -3.91 | 751.0K | On |
| 20 Mar 2026 | 1,292 JPY | -0.7% | 1,236 JPY | 971.4 JPY | 0.63 | -3.91 | 379.3K | On |
| 13 Mar 2026 | 1,302 JPY | -4.7% | 1,232 JPY | 966.8 JPY | 1.06 | -4.04 | 643.7K | On |