{"ticker": {"uuid": "d45202e5-bbe2-4659-8462-c766a62295cd", "symbol": "3623", "name": "Billing System Corporation", "exchange": "JPX", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "3623 closed the latest completed week at 1,001 JPY. The 4-week return is -2.4% and the 12-week return is -5.0%. Trend Signal is inactive, Market Dynamics is -0.75.", "description": "Billing System Corporation, together with its subsidiaries, provides payment services in Japan. The company offers storage agency services, including tuition fee collection management system, direct debit, credit card payment, online account transfer contract acceptance, daily and instant transfers, payment slip settlement, convenience store payment, billing agency, and SMS link payment; real-time deposit confirmation; e-JIBAI payment services; smartphone multi-payment services, such as WeChat Pay, Alipay+, and PayPay; and smartphone payment PayB. It also provides multipay online payment services; multi-money payment reader for vending machines; remittance support comprising general and salary transfers; utility bill payment services; and finance brokerage. The company was incorporated in 2000 and is headquartered in Chiyoda, Japan.", "setup_signature": "Risk-first tape", "composite_score": "24", "kpis": [{"label": "Latest Close", "value": "1,001 JPY", "hint": "2026-06-12"}, {"label": "1W Return", "value": "0.5%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-2.4%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-5.0%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "15.4%", "hint": "8 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "JPX", "country": "JP", "sector": "Technology", "industry": "Software - Infrastructure", "currency": "JPY", "market_cap": "6.3B"}, "price": {"trend_line": "1,031 JPY", "fair_value": "1,078 JPY", "vs_trend": "-2.9%", "vs_fair_value": "-7.1%", "high_52": "1,351 JPY", "low_52": "945.8 JPY", "drawdown": "-25.9%", "range_position": "13.6%"}, "momentum": {"returns": [{"label": "1W", "value": 0.5020080321285141, "value_label": "0.5%", "tone": "positive", "width": 4}, {"label": "4W", "value": -2.4366471734892787, "value_label": "-2.4%", "tone": "negative", "width": 6.961849067112224}, {"label": "12W", "value": -5.028462998102467, "value_label": "-5.0%", "tone": "negative", "width": 14.36703713743562}, {"label": "26W", "value": 3.071120704301502, "value_label": "3.1%", "tone": "positive", "width": 8.774630583718578}, {"label": "52W", "value": -1.0000870328905171, "value_label": "-1.0%", "tone": "negative", "width": 4}], "trend_streak": 0, "active_weeks": 8, "active_breadth": "15.4%", "peer": {"scope": "JP Technology", "count": 704, "rank": 93, "percentile": 86.91322901849217, "avg_weekly_return": -4.863348217801391}}, "setup": {"scores": [{"label": "Trend", "value": 8.461538461538462, "value_label": "8", "width": 8.461538461538462, "tone": "negative", "description": "Persistence of active Trend 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"positive_rs": false}]}}, "dynamics": {"market_dynamics": "-0.75", "market_dynamics_tone": "negative", "md_4_change": "-513.9%", "relative_strength": "-28.00", "rs_4_change": "-16.6%", "expectation": "Undecided", "expectation_probability": "48.37%"}, "volume": {"latest": "163.1K", "average_13": "108.3K", "average_52": "143.7K", "ratio_13": "1.5x", "ratio_52": "1.1x"}, "risk": {"volatility_13": "2.0%", "volatility_52": "3.5%", "downside_weeks": 29, "upside_weeks": 21, "downside_breadth": "55.8%", "average_gain": "3.0%", "average_loss": "-2.1%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-2.9%", "tone": "negative"}, {"label": "Volume", "value": "1.5x", "tone": "positive"}], "opportunities": ["Volume is elevated versus the 13-week average, confirming attention."], "risks": ["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.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["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_rows": [{"week": "2026-06-12", "close": "1,001 JPY", "weekly_return": 0.5020080321285141, "weekly_return_label": "0.5%", "weekly_return_tone": "positive", "trend_line": "1,031 JPY", "fair_value": "1,078 JPY", "market_dynamics": "-0.75", "relative_strength": "-28.00", "volume": "163.1K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "996.0 JPY", "weekly_return": -2.2571148184494603, "weekly_return_label": "-2.3%", "weekly_return_tone": "negative", 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