With activity in the Nikkei Average limited, this feature focuses on 28 stocks that showed a golden cross between their 5-day and 25-day moving averages and whose PER is below the average for the Prime Market.
This feature focuses on golden crosses in moving averages and the PER valuation metric as indicators of a possible short-term market uptrend. Among stocks on the Prime Market that showed a golden cross between their 5-day and 25-day moving averages, 28 stocks were selected whose PER is expected to be below the Prime Market average.
The selected stocks share the characteristic of having low PERs and being considered to have limited downside. They are considered worth watching as potential buying candidates alongside other metrics such as PBR. The listed stocks are shown with their names, PER and PBR.
Specifically, Meiji Electric Industries has a PER of 8.7 and a PBR of 0.70, MIXI has a PER of 9.8 and a PBR of 1.30, FOCUS SYSTEMS has a PER of 10.1 and a PBR of 1.69, Sawai Group Holdings has a PER of 10.1 and a PBR of 1.06, and Yamaha Motor has a PER of 10.3 and a PBR of 1.40.
Other names include Topre, Uchida Yoko, FreeBit, Oisix ra daichi and artien, among many others. This information is provided for reference only, and final investment decisions are left to each investor.