JPX Equity Snapshot
6998 Weekly Equity Report
Nippon Tungsten Co., Ltd.
What the company does
Nippon Tungsten Co., Ltd. provides metal material products, primarily tungsten, and fine ceramic products based on powder metallurgy technology. Its products include tungsten wire and rod, tungsten ribbon, and tungsten wire for discharge; TD/TCP/contact point for starters, electrical contact point parts, electric discharge machining electrode, C-EDM electrodes for electric discharge machining, and tungsten and molybdenum resistance welding electrodes. The company also offers NT die cutter, mechanical seal ring, cemented carbides, and MAZELLOYs; conductive ceramic for press die, ceramic materials, and porous ceramics; and HEAVY ALLOY and Fine bubbles generators. In addition, it engages in the …
What the weekly tape is saying
6998 closed the latest completed week at 1,898 JPY. The 4-week return is -5.0% and the 12-week return is -16.3%. Trend Signal is active, Market Dynamics is -0.67. Setup signature: Risk-first tape with a 35/100 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
- 1,883 JPY
- Vs Trend Line
- 0.8%
- Fair Value
- 1,313 JPY
- Vs Fair Value
- 44.5%
- 52W High
- 2,505 JPY
- 52W Low
- 1,189 JPY
- Drawdown
- -24.2%
- Range Position
- 53.9%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 53 weeks
- 52W Active Weeks
- 52
- 52W Active Breadth
- 100.0%
- Sector Scope
- JP Industrials
- Sector Rank
- 973 of 995
- Sector Percentile
- 2.2%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
JP Industrials
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- -2.3%
- Avg 4W
- -4.0%
- Trend Breadth
- 58.0%
- Positive MD
- 42.0%
JP Metal Fabrication
- Tracked Peers
- 23
- 4W Rank
- 14 of 23
- Avg 1W
- -4.7%
- Avg 4W
- -2.6%
- Trend Breadth
- 52.2%
- Positive RS
- 21.7%
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
- -0.67
- 4W MD Change
- 21.9%
- Relative Strength
- -9.98
- 4W RS Change
- -654.0%
- Expectation
- Positive
- Probability
- 56.81%
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
- 176.8K
- 13W Average
- 263.0K
- 52W Average
- 165.9K
- Vs 13W
- 0.7x
- Vs 52W
- 1.1x
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
- 6.5%
- 52W Volatility
- 5.3%
- Upside Weeks
- 34
- Downside Weeks
- 18
- Downside Breadth
- 34.6%
- Avg Gain / Loss
- 3.7% / -3.9%
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
- Industrials
- Industry
- Metal Fabrication
- Currency
- JPY
- Market Cap
- 10.4B
Opportunity signals
- Trend Signal is active with a 53-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.
- The share remains more than 20% below its 52-week high.
- The latest week was a sharp negative move.
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 | 1,898 JPY | -13.7% | 1,883 JPY | 1,313 JPY | -0.67 | -9.98 | 176.8K | On |
| 5 Jun 2026 | 2,199 JPY | 2.3% | 1,864 JPY | 1,308 JPY | -0.60 | 3.23 | 246.0K | On |
| 29 May 2026 | 2,150 JPY | 13.6% | 1,839 JPY | 1,301 JPY | -0.71 | 1.40 | 415.4K | On |
| 22 May 2026 | 1,892 JPY | -5.3% | 1,816 JPY | 1,295 JPY | -0.88 | -6.48 | 224.0K | On |
| 15 May 2026 | 1,998 JPY | -2.5% | 1,802 JPY | 1,289 JPY | -0.86 | 1.80 | 205.3K | On |
| 8 May 2026 | 2,049 JPY | 6.1% | 1,782 JPY | 1,284 JPY | -0.77 | 2.31 | 102.9K | On |
| 1 May 2026 | 1,931 JPY | -1.3% | 1,757 JPY | 1,279 JPY | -0.46 | 1.70 | 194.0K | On |
| 24 Apr 2026 | 1,957 JPY | -5.6% | 1,738 JPY | 1,274 JPY | -0.18 | 2.81 | 176.2K | On |
| 17 Apr 2026 | 2,074 JPY | -2.5% | 1,717 JPY | 1,269 JPY | 0.18 | 11.38 | 247.6K | On |
| 10 Apr 2026 | 2,128 JPY | 2.6% | 1,693 JPY | 1,263 JPY | 0.64 | 17.68 | 434.5K | On |
| 3 Apr 2026 | 2,074 JPY | -0.9% | 1,666 JPY | 1,257 JPY | 0.93 | 23.32 | 273.8K | On |
| 27 Mar 2026 | 2,092 JPY | -7.8% | 1,642 JPY | 1,251 JPY | 1.30 | 24.29 | 327.7K | On |
| 20 Mar 2026 | 2,268 JPY | 1.5% | 1,617 JPY | 1,245 JPY | 1.56 | 35.33 | 394.7K | On |
| 13 Mar 2026 | 2,233 JPY | -0.9% | 1,584 JPY | 1,238 JPY | 1.59 | 33.06 | 432.3K | On |