Chips · Stock report · DISCO Corp (TSE: 6146.T)
DISCO — money-flow reading fell 27.7 points in a month as the stock dropped under its 200-day average
The Closelooknet read
DISCO Corp (TSE: 6146.T) is losing the support of buyers on our numbers. Our money-flow reading (a gauge of net buying pressure) stands at -0.5, down 3 points in five sessions and 27.7 points in 21 sessions, and we label it accelerating-down. Over one month the stock gained 13.6%, which ranks 30th of the 86 stocks in our chip section. Its momentum score is 23. On 7 October it closed at JPY 61,380, under the average close of the last 200 sessions (JPY 65,398.25). We watch whether it wins that level back in the coming sessions or keeps closing beneath it.
Where DISCO stands among 86 chip stocks
DISCO ranks 30th of the 86 chip-section stocks on one-month move, with a gain of 13.6%. Its Tokyo-listed peer Ebara (6361.T) rose 10.1% over the same month and is 28.7% below its 22 June high. DISCO is 30.6% below its own closing high of JPY 88,480, also set on 22 June. Both names peaked on the same day and have both stayed well below that peak.
Our money-flow and quality readings
Our money-flow reading for DISCO is -0.5, labelled accelerating-down, and the band it sits in is neutral. It fell 3 points in five sessions and 27.7 points in 21 sessions. The momentum score is 23 on our semis-cyclical weighting. No composite score is available for this stock yet, because only one of our scoring modules has data.
Price trend
DISCO closed down 6.3% at JPY 61,380 on 7 October, after opening 2.0% lower. That cross put it 6.1% under the average close of the last 200 sessions (JPY 65,398.25) but 5.6% above its 50-day average of JPY 58,138.20. The stock is up 27.4% this year and 13.6% over one month, yet down 19.9% over three months. Its typical daily swing is about 4.3%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.