Composite setup radar
32
Risk-first tape
JPX Equity Snapshot
6988 Weekly Equity Report
Nitto Denko Corporation
Latest Close
3,005 JPY
12 Jun 2026
1W Return
-1.8%
latest completed week
4W Return
1.6%
short-term follow-through
12W Return
-4.8%
quarterly tape
Trend Breadth
51.9%
27 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
Company Brief
What the company does
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction. …
Snapshot
What the weekly tape is saying
6988 closed the latest completed week at 3,005 JPY. The 4-week return is 1.6% and the 12-week return is -4.8%. Trend Signal is inactive, Market Dynamics is -0.69. Setup signature: Risk-first tape with a 32/100 composite read.
Trend Signal
Inactive
Market Dynamics
No fresh buy
Price vs Trend
-11.3%
Volume
1.1x
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.
Scoreboard
Trend
29
Persistence of active Trend Signal over the last year and current streak.
Momentum
49
Blend of 4-week and 12-week follow-through.
Dynamics
40
Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength
0
Relative leadership and short-term RS change.
Volume
44
Participation compared with the 13-week volume baseline.
Risk Control
27
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
- 3,387 JPY
- Vs Trend Line
- -11.3%
- Fair Value
- 2,677 JPY
- Vs Fair Value
- 12.2%
- 52W High
- 4,029 JPY
- 52W Low
- 2,476 JPY
- Drawdown
- -25.4%
- Range Position
- 34.1%
Momentum
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 0 weeks
- 52W Active Weeks
- 27
- 52W Active Breadth
- 51.9%
- Sector Scope
- JP Basic Materials
- Sector Rank
- 150 of 264
- Sector Percentile
- 43.3%
Peer Context
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
JP Basic Materials
- Tracked Peers
- 100
- 4W Rank
- 39 of 100
- Avg 1W
- -1.4%
- Avg 4W
- 0.5%
- Trend Breadth
- 64.0%
- Positive MD
- 42.0%
JP Specialty Chemicals
- Tracked Peers
- 100
- 4W Rank
- 45 of 100
- Avg 1W
- -2.2%
- Avg 4W
- 2.8%
- Trend Breadth
- 60.0%
- Positive RS
- 25.0%
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
- -0.69
- 4W MD Change
- 35.8%
- Relative Strength
- -31.93
- 4W RS Change
- -7.3%
- Expectation
- Positive
- Probability
- 56.55%
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
- 18.3M
- 13W Average
- 17.3M
- 52W Average
- 14.5M
- Vs 13W
- 1.1x
- 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
- 4.2%
- 52W Volatility
- 4.0%
- Upside Weeks
- 25
- Downside Weeks
- 27
- Downside Breadth
- 51.9%
- Avg Gain / Loss
- 3.8% / -2.8%
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
- Specialty Chemicals
- Currency
- JPY
- Market Cap
- 2004.5B
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 | 3,005 JPY | -1.8% | 3,387 JPY | 2,677 JPY | -0.69 | -31.93 | 18.3M | Off |
| 5 Jun 2026 | 3,060 JPY | 2.3% | 3,418 JPY | 2,671 JPY | -0.85 | -31.72 | 16.6M | Off |
| 29 May 2026 | 2,990 JPY | -3.1% | 3,440 JPY | 2,664 JPY | -0.95 | -33.43 | 17.7M | Off |
| 22 May 2026 | 3,087 JPY | 4.3% | 3,467 JPY | 2,657 JPY | -0.95 | -28.52 | 19.5M | Off |
| 15 May 2026 | 2,958 JPY | -6.3% | 3,493 JPY | 2,649 JPY | -1.07 | -29.75 | 18.5M | Off |
| 8 May 2026 | 3,158 JPY | 5.4% | 3,515 JPY | 2,643 JPY | -0.99 | -27.01 | 10.6M | Off |
| 1 May 2026 | 2,995 JPY | -7.1% | 3,536 JPY | 2,634 JPY | -1.05 | -27.44 | 22.9M | Off |
| 24 Apr 2026 | 3,224 JPY | -4.4% | 3,557 JPY | 2,625 JPY | -1.11 | -22.58 | 14.9M | Off |
| 17 Apr 2026 | 3,374 JPY | 5.7% | 3,565 JPY | 2,615 JPY | -1.15 | -17.67 | 17.9M | Off |
| 10 Apr 2026 | 3,193 JPY | 3.4% | 3,564 JPY | 2,604 JPY | -1.39 | -20.26 | 17.2M | Off |
| 3 Apr 2026 | 3,088 JPY | -0.9% | 3,571 JPY | 2,594 JPY | -1.39 | -17.73 | 21.4M | Off |
| 27 Mar 2026 | 3,116 JPY | -1.3% | 3,581 JPY | 2,584 JPY | -1.24 | -17.71 | 18.7M | Off |
| 20 Mar 2026 | 3,157 JPY | -2.4% | 3,587 JPY | 2,574 JPY | -1.14 | -17.02 | 10.6M | Off |
| 13 Mar 2026 | 3,234 JPY | -2.1% | 3,590 JPY | 2,564 JPY | -1.05 | -16.06 | 20.3M | Off |