3994 JPX Week ended 24 Jul 2026

Weekly Investor Report

Money Forward, Inc. · Technology · Software - Application

Latest close 5,407 JPY
1.4% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 30.1% above the Trend Line and sits at 65.7% of its 52-week range. The latest completed week returned 1.4%, after a 34.6% four-week move. The latest news-sentiment score is 49/100. Near-term considerations: volume confirmation is below normal.

Setup score 52 out of 100
Latest Close 5,407 JPY 24 Jul 2026
1W Return 1.4% latest completed week
4W Return 34.6% short-term follow-through
12W Return 14.5% quarterly tape
Trend Breadth 40.4% 21 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
What is working
  • The trend backdrop is active with a 9-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.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • Next-week expectancy is negative at 44.71% based on similar historical setup states.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 30.1% above the Trend Line and sits at 65.7% of its 52-week range. The latest completed week returned 1.4%, after a 34.6% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 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 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.5112-week average 0.42

12-week confirmation

Trend active9/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.51Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 34.6% over four weeks, 14.5% over 12 weeks, and -10.0% over one year. The current trend has remained active for 9 consecutive weeks.

Performance by holding period

1W1.4%
4W34.6%
12W14.5%
26W30.6%
52W-10.0%
Active trend streak9 weeks
Active weeks in one year21
Trend breadth40.4%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.82Latest activity-pressure read.
Pressure change261.8%Four-week change in activity pressure.
Leadership-5.60Latest relative-leadership reading.
RS change85.1%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

No published fundamental snapshot is available for this company.

05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment49/100

Weighted news tone is neutral across 14 relevant articles.

0 positive · 13 neutral · 1 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-20.4%Distance below the 52-week high.
13-week volatility6.6%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 2614 weeks finished lower.
Best week+38.6%Week of 17 Apr.
Worst week-15.5%Week of 6 Feb.
Latest week+1.4%Week of 24 Jul.

Shape of recent returns

Strong gains8
Modest gains4
Flat weeks0
Modest losses6
Sharp losses8
Recent vol6.6%13-week weekly-return volatility.
Base vol8.4%52-week weekly-return volatility.
Up/down split23/29Count of positive and negative weeks in the 52-week window.
Average skew6.4% / -4.9%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 20265,407 JPY1.4%4,155 JPY4,871 JPY0.82-5.601.7MOn
17 Jul 20265,334 JPY8.1%4,128 JPY4,874 JPY0.66-7.434.3MOn
10 Jul 20264,935 JPY8.7%4,098 JPY4,876 JPY0.40-20.592.2MOn
3 Jul 20264,538 JPY13.0%4,074 JPY4,881 JPY0.20-29.062.4MOn
26 Jun 20264,016 JPY-5.0%4,059 JPY4,888 JPY0.23-37.661.5MOn
19 Jun 20264,227 JPY9.3%4,064 JPY4,899 JPY0.38-36.96386.4KOn
12 Jun 20263,868 JPY-8.7%4,062 JPY4,908 JPY0.50-38.56457.0KOn
5 Jun 20264,238 JPY-2.4%4,067 JPY4,924 JPY0.75-34.15423.6KOn
29 May 20264,343 JPY0.7%4,069 JPY4,936 JPY0.86-33.052.6MOn
22 May 20264,311 JPY-2.4%4,074 JPY4,949 JPY0.94-31.152.5MOff
15 May 20264,415 JPY-6.8%4,090 JPY4,958 JPY1.10-28.022.9MOff
8 May 20264,736 JPY0.3%4,113 JPY4,967 JPY1.30-25.151.8MOff
1 May 20264,721 JPY-4.1%4,138 JPY4,972 JPY1.03-22.042.1MOff
24 Apr 20264,921 JPY-1.6%4,165 JPY4,977 JPY0.73-19.616.2MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.