Chips · Stock report · Advantest (TSE: 6857.T)
Advantest — only 41st of 85 chip stocks over one month, even as it closed at a 52-week high of 38,630 yen
The Closelooknet read
Advantest (TSE: 6857.T) is not leading our chip section: its 14.7% gain over one month ranks 41st of the 85 stocks in our chip section, even as it closed at a new 52-week high on 2 October. Our money-flow reading (a gauge of net buying pressure) stands at 66.1, still positive but slowing, down 8.1 over 21 days. Peers in the same testing group moved faster: Cohu (COHU) rose 60.6% and FormFactor (FORM) 54.4% over the month. What we watch: whether Advantest holds above its previous high close of 37,780 yen, or slips back under it while the flow reading keeps fading.
Where Advantest stands among 85 chip stocks
Advantest is mid-table on one-month moves, 41st of 85. Among its testing and measurement peers, Cohu gained 60.6%, FormFactor 54.4%, Lasertec (6920.T) in Tokyo 37.1% and Teradyne (TER) 31.4%. Advantest's 14.7% is closer to Nova Ltd's (NVMI) 13.3% and well above Hamamatsu Photonics' (6965.T) 0.7%.
On distance from highs, Advantest sits at a fresh high while Ferrotec Holdings (6890.T) is 0.4% below its June peak and Cohu 0.6% below. Teradyne is 7.2% below and KLA Corp (KLAC) 31.4% below.
Our money-flow and momentum readings
Our money-flow reading for Advantest is 66.1. It is still positive but slowing: it eased 0.1 over five days and 8.1 over 21 days. Our momentum score is 94 of 100.
Price trend
Advantest closed at 38,630 yen (about $245.47), up 2.7% on the day and 13.6% over five sessions. The prior 52-week closing high was 37,780 yen on 17 August, so the stock is 2.25% above it. It is up 96.7% this year and 179.0% over one year. It trades 17.3% above its 50-day average of 32,939.90 yen and 41.0% above its 200-day average of 27,397.48 yen, the average close of the last 200 sessions. Its typical daily swing is about 4.8%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.