Chips · Stock report · Lasertec (TSE: 6920.T)
Lasertec — 19th of 86 chip stocks over a month, yet back above its 200-day average
The Closelooknet read
Lasertec (TSE: 6920.T) ranks 19th of the 86 stocks in our chip section over the past month, with a move of -3.64%, which is a smaller decline than most of its testing and metrology peers. Our money-flow reading (a gauge of net buying pressure) stands at 26.4: still positive but slowing, down 4.6 over five sessions and 11.1 over 21. On Tuesday the stock closed at JPY 39,420, above the average close of the last 200 sessions, JPY 39,069.55, its first close above it in this cross signal. We watch whether it holds above JPY 39,069.55 in the coming sessions, or slips back under it while money flow keeps fading.
Where Lasertec stands among chip stocks
Lasertec's one-month move of -3.64% sits near the top of its peer group. Only Advantest (TSE: 6857.T), at -0.41%, fell less among the peers listed. Others fell further: Camtek (CAMT) -9.61%, Hamamatsu Photonics (6965.T) -8.05%, Teradyne (TER) -19.34%, KLA Corp (KLAC) -18.77%, Ferrotec Holdings (6890.T) -25.38%, Onto Innovation (ONTO) -25.83% and Aehr Test Systems (AEHR) -35.07%.
On the distance from the 52-week high, Lasertec is 31.4% below its 22 June close of JPY 57,490. Advantest is 19.1% below its high, set on 6 October; Hamamatsu Photonics is 27.6% below.
Our money-flow and quality readings
Our money-flow reading is 26.4, labelled decelerating-up: still positive but slowing. It fell 4.6 over five sessions and 11.1 over 21, and its heat label is neutral. Our momentum score for Lasertec is 29. A composite score and the Piotroski check of financial health are not available for this stock, so we do not read quality from them here.
Price trend
Lasertec rose 4.9% on Tuesday, after opening 3.62% above the prior close, and moved 0.59% over five sessions. It is up 32.97% this year and 94.91% over twelve months, but down 12.65% over three months. The close is 2.13% above the 50-day average of JPY 38,599 and 0.9% above the 200-day average, the average close of the last 200 sessions. Its typical daily swing is about 4.97%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.