Chips · Stock report · DISCO Corp (TSE: 6146.T)
DISCO — 63rd of 86 chip stocks over a month, money-flow reading falling, at a new 52-week low
The Closelooknet read
DISCO Corp (TSE: 6146.T) is losing ground fast on our own readings. Over one month it fell 37.6%, which ranks 63rd of the 86 stocks in our chip section, and our money-flow reading is -26.5, negative and falling faster, down 26.7 points over 21 sessions. Our momentum score is 8. The stock closed at ¥40,860 on 6 November, below its 52-week low close of ¥41,450 set on 5 November. What we watch: whether the money-flow reading stops falling and the stock holds above ¥40,860 over the coming sessions, or keeps making new lows.
Where DISCO stands among our chip stocks
DISCO ranks 63rd of the 86 stocks in our chip section on the one-month move, down 37.6%. Its Tokyo-listed peer Ebara (6361.T) fell 34.2% over the same month and is 52.8% below its 22 June high. DISCO is 53.8% below its own closing high of ¥88,480, also set on 22 June.
Over three months DISCO is down 32.5%, and so far this year it is down 15.2%. Both names peaked on the same day in June, and both now sit more than half below that level.
Our money-flow and momentum readings
Our money-flow reading for DISCO is -26.5 and labelled accelerating down: the reading is negative and falling faster. It fell 8.6 points over five sessions and 26.7 points over 21. Our heat label reads cooler. The momentum score is 8; no composite score is available.
Price trend
DISCO closed at ¥40,860 (about $258), down 1.4% on the day and 21.9% over five sessions. It trades 25.3% below its 50-day average of ¥54,668.40 and 37.8% below the average close of the last 200 sessions, ¥65,687.50. Our technical read puts it 21.3% below its 20-day line, a stretch it describes as deeply oversold; such gaps have often narrowed in the past, which is a historical pattern, not a forecast. Its typical daily swing is about 3.6%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.