Fuji Electric’s stock posted gains for 3 straight sessions through the 24th, with trading volume at approximately 970,000 shares and the stock up ¥180 from the previous day, recovering to the ¥14,000-plus range. Stochastics has improved, raising expectations that the stock is entering a near-term rebound phase.
Fuji Electric’s stock posted gains for 3 straight sessions through the 24th. On the 24th, trading volume reached approximately 970,000 shares, and the stock rose ¥180 from the previous day to recover to the ¥14,000-plus range.
After moving above the 25-day moving average on the 21st, the stock formed a pattern on the 24th in which %D moved above S%D, although both remained at low levels, and its closing price moved above the 5-day moving average. This has led to expectations that the stock is entering a near-term rebound phase.
On a weekly basis, the stock turned higher with the 26-week moving average functioning as support, and is expected to move above the 13-week moving average again this week.
The earnings outlook for the fiscal year ending March 2027 is reportedly for a 13% year-on-year increase in profit on a net income basis.