JPX Equity Snapshot

3437 Weekly Equity Report

Tokuden Co., Ltd.

Interactive chart JSON snapshot
Latest Close 2,650 JPY 12 Jun 2026
1W Return -3.9% latest completed week
4W Return -11.5% short-term follow-through
12W Return -8.5% quarterly tape
Trend Breadth 76.9% 40 of 52 weeks active
Volume Ratio 2.1x vs 13-week average
Company Brief

What the company does

Tokuden Co., Ltd. manufactures and sells welding materials in Japan. The company offers flux-cored wires for submerged arc welding and MAG welding, arc welding electrodes for hard facing, wire rods for TIG and MIG welding, agglomerated and fused fluxes, powdered material for PTA welding, etc. It also undertakes welding construction works, such as various types of welding and overhaul works to iron-making, petrochemicals, cement, home electronics, automobile, and foodstuff industries; and provides pipes, top plates, iron foundry press-equalizing devices, trunnion journals, and chutes, as well as environment-related equipment, including deodorizing devices and forced-cooling apparatus. Tokuden …

Snapshot

What the weekly tape is saying

3437 closed the latest completed week at 2,650 JPY. The 4-week return is -11.5% and the 12-week return is -8.5%. Trend Signal is inactive, Market Dynamics is -0.79. Setup signature: Risk-first tape with a 33/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -13.8%
Volume 2.1x
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 42 Persistence of active Trend Signal over the last year and current streak.
Momentum 16 Blend of 4-week and 12-week follow-through.
Dynamics 34 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 86 Participation compared with the 13-week volume baseline.
Risk Control 17 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
3,075 JPY
Vs Trend Line
-13.8%
Fair Value
2,410 JPY
Vs Fair Value
10.0%
52W High
3,843 JPY
52W Low
2,269 JPY
Drawdown
-31.0%
Range Position
24.2%
Momentum

Returns and trend persistence

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

Return windows

1W -3.9%
4W -11.5%
12W -8.5%
26W -18.4%
52W 15.5%

Trend read

Active Streak
0 weeks
52W Active Weeks
40
52W Active Breadth
76.9%
Sector Scope
JP Industrials
Sector Rank
757 of 995
Sector Percentile
23.9%
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
-0.79
4W MD Change
-21.2%
Relative Strength
-29.73
4W RS Change
-77.5%
Expectation
Undecided
Probability
53.23%
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
4.7K
13W Average
2.3K
52W Average
3.6K
Vs 13W
2.1x
Vs 52W
1.3x
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
3.7%
52W Volatility
3.9%
Upside Weeks
29
Downside Weeks
21
Downside Breadth
40.4%
Avg Gain / Loss
2.9% / -3.1%
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
Specialty Industrial Machinery
Currency
JPY
Market Cap
4.4B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • Volume is elevated versus the 13-week average, confirming attention.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

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 2,650 JPY -3.9% 3,075 JPY 2,410 JPY -0.79 -29.73 4.7K Off
5 Jun 2026 2,758 JPY -1.3% 3,078 JPY 2,406 JPY -0.84 -27.98 2.2K Off
29 May 2026 2,793 JPY 0.6% 3,079 JPY 2,401 JPY -0.70 -27.27 2.9K Off
22 May 2026 2,777 JPY -7.3% 3,074 JPY 2,397 JPY -0.69 -24.75 3.8K Off
15 May 2026 2,995 JPY -7.1% 3,071 JPY 2,393 JPY -0.65 -16.75 1.3K Off
8 May 2026 3,225 JPY 4.0% 3,061 JPY 2,387 JPY -0.65 -12.51 600 On
1 May 2026 3,100 JPY 0.2% 3,042 JPY 2,381 JPY -0.68 -11.70 700 Off
24 Apr 2026 3,095 JPY 1.0% 3,026 JPY 2,376 JPY -0.74 -12.52 1.8K Off
17 Apr 2026 3,065 JPY -0.3% 3,018 JPY 2,371 JPY -0.86 -11.90 1.2K Off
10 Apr 2026 3,075 JPY 6.7% 3,008 JPY 2,367 JPY -0.96 -9.59 4.1K Off
3 Apr 2026 2,882 JPY -1.6% 3,000 JPY 2,362 JPY -1.13 -9.51 2.1K Off
27 Mar 2026 2,929 JPY 1.1% 2,995 JPY 2,358 JPY -1.12 -8.77 1.8K Off
20 Mar 2026 2,898 JPY -1.2% 2,988 JPY 2,355 JPY -0.96 -10.04 2.6K Off
13 Mar 2026 2,934 JPY -2.1% 2,981 JPY 2,350 JPY -0.68 -9.85 1.9K On