15 companies that broke below Bollinger Band −3σ during the Nikkei 225's decline were selected. The feature compiles companies attracting attention as potential buying opportunities for a rebound.
In Tokyo trading on the 2nd, risk-off sentiment continued as the Nikkei 225 extended its decline, influenced by semiconductor-related stocks. Against this backdrop, a feature was compiled listing 15 stocks whose closing prices on the 2nd fell below the −3σ level of the Bollinger Band and whose PER was below the Prime Market average.
The feature highlights stocks that broke below −3σ as short-term buying candidates. For each stock, the company name, deviation rate, PER and PBR are shown, with the stocks arranged in ascending order of PER. Examples include Meiji Electric Industries, Meiwa Sangyo, Sumitomo Chemical and Wacom.
The list shows the deviation rate, PER and PBR for each stock, indicating that the break below −3σ is viewed as a potential catalyst for short covering or a rebound. Further analysis may be added depending on subsequent developments.
The information is provided by Kabutan News, with supporting information from external media also included as sources. A note states that readers should make their own final investment decisions.