JPX Equity Snapshot

5351 Weekly Equity Report

Shinagawa Refra Co., Ltd.

Latest Close 1,880 JPY 12 Jun 2026
1W Return 0.6% latest completed week
4W Return -1.6% short-term follow-through
12W Return -10.1% quarterly tape
Trend Breadth 71.2% 37 of 52 weeks active
Volume Ratio 1.5x vs 13-week average
Sharemaestro Evidence Rating

Neutral

A cross-signal market read combining weekly price structure, proprietary indicators, factors, Patient Capital, options, sentiment, insider activity, earnings risk, research flow, and sector context.

Evidence Score 45 Neutral

Top-level conclusion

The strongest supporting evidence is patient capital: Market Dynamics buy-signal evidence highlights potential institutional accumulation windows.

The main constraint is weekly tape: Trend, Market Dynamics, participation, and risk combine to a 43/100 tape read.

The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important.

Primary driver

Patient Capital Quiet

Market Dynamics buy-signal evidence highlights potential institutional accumulation windows.

Main constraint

Weekly tape 43/100

Trend, Market Dynamics, participation, and risk combine to a 43/100 tape read.

Company Brief

What the company does

Shinagawa Refra Co., Ltd. engages in the manufacture and sale of refractory products in Japan and internationally. The company offers shaped refractory bricks, including basic, carbon-containing, fire clay and high alumina, silicon carbide, and silica bricks; monolithic refractories comprising castable and gunning refractories, precast shapes, plastic and ramming mixes, and refractory mortars; and functional products, such as slide gate plate bricks, submerged entry nozzles, monoblock stoppers, and ladle shrouds, as well as mold powder for continuous casting. It also provides ceramic fiber in various forms consisting of modules, preformed shapes, refractory insulating boards, sheets, and …

Snapshot

What the weekly tape is saying

5351 closed the latest completed week at 1,880 JPY. The 4-week return is -1.6% and the 12-week return is -10.1%. Trend Signal is inactive, Market Dynamics is -0.86. Setup signature: Risk-first tape with a 36/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -8.7%
Volume 1.5x
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 39 Persistence of active Trend Signal over the last year and current streak.
Momentum 37 Blend of 4-week and 12-week follow-through.
Dynamics 36 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 62 Participation compared with the 13-week volume baseline.
Risk Control 41 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 zone

Close Trend Fair
1,538 JPY 37.3% 2,455 JPY
Range location 37.3% Shows where the latest close sits between the 52-week low and high.
Trend distance -8.7% Price premium or discount versus the weekly Trend Line.
Fair-value gap 12.0% Premium demand or model discount versus Sharemaestro Fair Value.
High-water gap -23.4% Distance from the latest 52-week high.
Momentum

Returns and trend persistence

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

Return windows

1W 0.6%
4W -1.6%
12W -10.1%
26W -7.1%
52W 20.8%

Trend read

Active Streak
0 weeks
52W Active Weeks
37
52W Active Breadth
71.2%
Sector Scope
JP Industrials
Sector Rank
235 of 995
Sector Percentile
76.5%
235 of 995
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

Pressure map

Market Dynamics
Relative Strength
Pressure -0.86 Latest Market Dynamics read.
Pressure change 19.4% Four-week change in Market Dynamics.
Leadership -25.61 Latest Relative Strength reading.
RS change -23.3% Four-week change in Relative Strength.
Expectation Undecided 54.86% probability read.
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

Volume and return confirmation

Participation read

Participation 1.5x Latest volume versus the 13-week average.
Baseline 387.5K 13-week average volume.
One-year base 346.2K 52-week average volume.
Latest 572.6K Most recent completed week.
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

Return shape

Strong gains 2
Modest gains 13
Flat weeks 0
Modest losses 8
Sharp losses 3
Recent vol 1.8% 13-week weekly-return volatility.
Base vol 3.0% 52-week weekly-return volatility.
Up/down split 31/21 Count of positive and negative weeks in the 52-week window.
Average skew 2.2% / -2.2% Average positive week versus average negative week.
Cross-App Evidence

Value, flow, sentiment, events, and research context

These cards convert the rest of Sharemaestro into a compact evidence trail, with direct drilldowns for deeper research.

Options and sentiment

Options
-
Expected Move
-
Sentiment
-
Articles
-

Earnings, insiders, and research flow

Earnings
-
Insiders
-
News
0 articles
Market Watch
0 posts

Latest Sharemaestro research

  • No recent research articles are stored for this ticker.

Latest Market Watch posts

  • No recent Market Watch posts are stored for this ticker.
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
Building Products & Equipment
Currency
JPY
Market Cap
87.6B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

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 1,880 JPY 0.6% 2,059 JPY 1,679 JPY -0.86 -25.61 572.6K Off
5 Jun 2026 1,869 JPY -2.6% 2,058 JPY 1,673 JPY -0.88 -27.14 612.1K Off
29 May 2026 1,919 JPY 0.3% 2,056 JPY 1,666 JPY -0.99 -25.44 378.9K Off
22 May 2026 1,913 JPY 0.1% 2,052 JPY 1,659 JPY -1.04 -22.67 513.5K Off
15 May 2026 1,911 JPY 0.3% 2,050 JPY 1,652 JPY -1.07 -20.77 397.3K Off
8 May 2026 1,906 JPY -0.5% 2,047 JPY 1,646 JPY -1.12 -22.99 180.7K Off
1 May 2026 1,916 JPY 0.2% 2,043 JPY 1,639 JPY -1.04 -18.94 323.3K Off
24 Apr 2026 1,913 JPY -5.5% 2,040 JPY 1,632 JPY -0.94 -19.69 439.3K Off
17 Apr 2026 2,024 JPY -3.1% 2,038 JPY 1,625 JPY -0.87 -13.69 311.6K On
10 Apr 2026 2,089 JPY -0.3% 2,031 JPY 1,617 JPY -0.80 -8.86 328.4K On
3 Apr 2026 2,095 JPY -0.5% 2,024 JPY 1,609 JPY -0.57 -2.36 338.9K On
27 Mar 2026 2,105 JPY 0.7% 2,016 JPY 1,601 JPY -0.11 -2.50 400.1K On
20 Mar 2026 2,091 JPY -2.6% 2,007 JPY 1,592 JPY 0.52 -3.39 240.2K On
13 Mar 2026 2,147 JPY -4.9% 1,999 JPY 1,584 JPY 1.16 -1.91 382.5K On