Chips · Stock report · Hamamatsu Photonics (TSE: 6965.T)
Hamamatsu Photonics — ranks 22 of 86 in our chip section over a month, though its flow reading is fading
The Closelooknet read
Hamamatsu Photonics (TSE: 6965.T) sits 22nd of the 86 stocks in our chip section over the past month, even though it lost 13.4% in that time. Our money-flow reading (a gauge of net buying pressure) stands at 26.6: still positive but slowing, down 6.5 points over five sessions and 21.4 over 21. Our momentum score is 31. Tuesday's 6.9% jump to JPY 2,056 came against that backdrop. What we watch: whether the flow reading stops falling and the price gets back above its 50-day average of JPY 2,241.86, or whether the reading keeps sliding after the bounce.
Where Hamamatsu stands among chip stocks
Its one-month loss of 13.4% ranks 22nd of 86 in our chip section. Among testing and metrology peers, the month was harsher for most: Advantest (6857.T) fell 27.5%, Teradyne (TER) 36.1%, Ferrotec Holdings (6890.T) 40.1% and KLA Corp (KLAC) 19.5%. Nova Ltd (NVMI) lost 4.3%, the mildest in the group. Hamamatsu is 30.9% below its 52-week closing high of JPY 2,973.50 from 25 May. Advantest and Ferrotec set their highs in October, in the first week of the month.
Our money-flow and quality readings
Our money-flow reading is 26.6 with the label decelerating-up, meaning still positive but slowing. It has lost 6.5 points in five sessions and 21.4 in 21. The momentum score is 31. Only one scoring module is available for the stock, and no composite score or Piotroski score (a check of financial health) is available.
Price trend
The stock closed at JPY 2,056 on 10 November, up 6.9% on the day after opening 5.3% higher. Over five sessions it is down 2.9%, over three months down 19.4%, and it is up 23.8% year to date. It trades 8.3% below its 50-day average of JPY 2,241.86 and 7.6% below the average close of the last 200 sessions, JPY 2,224.32. Its typical daily swing is about 2.6%; Tuesday's move was 2.7 times that.
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