Chips · Stock report · Ebara (TSE: 6361.T)
Ebara — money-flow reading down 31.5 points in a month; 52nd of 86 chip stocks on 1-month move
The Closelooknet read
Ebara (TSE: 6361.T) is losing money flow quickly. Our money-flow reading (a gauge of net buying pressure) stands at -16.7, down 9.5 points in five sessions and 31.5 points over the past month, and we label it accelerating-down. Over one month the stock is down 34.2%, 52nd of the 86 stocks in our chip section. It closed Friday's session at a new 52-week low of ¥3,198, after a 7.4% one-day drop. What we watch: whether the close holds above ¥3,198 in the coming sessions, or keeps sliding with the flow reading still falling.
Where Ebara stands among 86 chip stocks
Ebara ranks 52nd of 86 chip stocks on one-month move, with a fall of 34.2%. Its Tokyo-listed peer in wafer processing, DISCO Corp (6146.T), is down 37.6% over the month and 15.2% year to date, against Ebara's 13.2% decline this year.
Both stocks sit far below their highs, and both set those highs on the same date, 22 June. Ebara is 52.8% below its high close of ¥6,775; DISCO is 53.8% below its own.
Our money-flow and quality readings
Our money-flow reading is -16.7 and labelled cooler, our label for weaker net buying. The reading fell 9.5 points over five sessions and 31.5 over the past month, and we label it accelerating-down.
Our momentum score for Ebara is 8 on our semis-cyclical weighting. The composite score and the Piotroski financial-health check are not yet available for this stock.
Price trend
Ebara closed at ¥3,198 (about $20.21), down 7.4% on the day after opening 11.8% lower. That was 2.61 times its typical daily swing of about 2.8%, and the close sits below the prior 52-week low of ¥3,454 set on 5 November.
The stock is 26.3% below its 50-day average of ¥4,338.48 and 37.5% below its 200-day average of ¥5,114.19 (the average close of the last 200 sessions). It is down 18.3% over five sessions, 42.4% over three months and 18.2% over one year.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.