JPX Equity Snapshot

3168 Weekly Equity Report

MERF Inc.

Interactive chart JSON snapshot
Latest Close 1,314 JPY 12 Jun 2026
1W Return -19.7% latest completed week
4W Return -21.3% short-term follow-through
12W Return -7.7% quarterly tape
Trend Breadth 98.1% 51 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

MERF Inc. engages in the collection, processing, manufacture, and sale of various metals in Japan, South Korea, China rest of Asia, Europe, and internationally. The company operates through two segments, Nonferrous Metals and Arts and Crafts. It recycles and sells industrial materials and metal scraps, as well as produces base metals that are used as raw materials to manufacture electrical wires and semiconductor base plates. The company also recycle, manufactures, and sells copper alloy ingots, which are used in ship propellers, faucets, valves, and various industrial machinery components; and casts and sells works of fine …

Snapshot

What the weekly tape is saying

3168 closed the latest completed week at 1,314 JPY. The 4-week return is -21.3% and the 12-week return is -7.7%. Trend Signal is active, Market Dynamics is -0.70. Setup signature: Risk-first tape with a 39/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 12.8%
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 99 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 12 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 95 Relative leadership and short-term RS change.
Volume 30 Participation compared with the 13-week volume baseline.
Risk Control 0 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
1,165 JPY
Vs Trend Line
12.8%
Fair Value
675.8 JPY
Vs Fair Value
94.4%
52W High
1,935 JPY
52W Low
509.1 JPY
Drawdown
-32.1%
Range Position
56.4%
Momentum

Returns and trend persistence

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

Return windows

1W -19.7%
4W -21.3%
12W -7.7%
26W 116.9%
52W 143.7%

Trend read

Active Streak
51 weeks
52W Active Weeks
51
52W Active Breadth
98.1%
Sector Scope
JP Basic Materials
Sector Rank
264 of 264
Sector Percentile
0.0%
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
-0.70
4W MD Change
-314.0%
Relative Strength
16.85
4W RS Change
-74.4%
Expectation
Undecided
Probability
53.30%
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
527.6K
13W Average
741.0K
52W Average
586.1K
Vs 13W
0.7x
Vs 52W
0.9x
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
10.5%
52W Volatility
10.8%
Upside Weeks
33
Downside Weeks
16
Downside Breadth
30.8%
Avg Gain / Loss
6.4% / -6.0%
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
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
JPY
Market Cap
19.8B

Opportunity signals

  • Trend Signal is active with a 51-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 1,314 JPY -19.7% 1,165 JPY 675.8 JPY -0.70 16.85 527.6K On
5 Jun 2026 1,637 JPY 17.2% 1,140 JPY 670.8 JPY -0.45 45.26 573.4K On
29 May 2026 1,397 JPY -6.8% 1,104 JPY 663.8 JPY -0.39 25.94 375.4K On
22 May 2026 1,499 JPY -10.2% 1,075 JPY 658.3 JPY -0.23 42.70 671.6K On
15 May 2026 1,669 JPY 4.6% 1,044 JPY 652.1 JPY -0.17 65.75 1.1M On
8 May 2026 1,595 JPY 6.4% 1,006 JPY 644.9 JPY -0.15 57.56 314.9K On
1 May 2026 1,499 JPY 7.8% 970.9 JPY 638.2 JPY -0.04 58.25 398.7K On
24 Apr 2026 1,391 JPY 3.7% 938.7 JPY 632.1 JPY 0.04 48.41 1.2M On
17 Apr 2026 1,342 JPY -8.9% 910.2 JPY 626.6 JPY 0.14 47.92 2.2M On
10 Apr 2026 1,473 JPY 13.7% 883.1 JPY 621.5 JPY 0.26 68.62 468.4K On
3 Apr 2026 1,295 JPY 2.6% 851.6 JPY 615.6 JPY 0.45 61.22 451.6K On
27 Mar 2026 1,262 JPY -11.3% 826.1 JPY 610.8 JPY 0.86 58.29 601.8K On
20 Mar 2026 1,423 JPY -8.1% 802.2 JPY 606.1 JPY 1.22 80.56 783.3K On
13 Mar 2026 1,549 JPY -8.7% 773.4 JPY 600.5 JPY 1.54 98.14 808.0K On