JPX Equity Snapshot

6998 Weekly Equity Report

Nippon Tungsten Co., Ltd.

Latest Close 1,898 JPY 12 Jun 2026
1W Return -13.7% latest completed week
4W Return -5.0% short-term follow-through
12W Return -16.3% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

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 …

Snapshot

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.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.8%
Volume 0.7x
Setup Cockpit

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.

Composite setup radar

Scoreboard

Trend 100 Persistence of active Trend Signal over the last year and current streak.
Momentum 24 Blend of 4-week and 12-week follow-through.
Dynamics 40 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 28 Participation compared with the 13-week volume baseline.
Risk Control 21 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

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 Trend Line Fair Value

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%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -13.7%
4W -5.0%
12W -16.3%
26W 36.2%
52W 58.3%

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%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

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%
Volume

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
Risk Anatomy

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%
Context

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.
Weekly Tape

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