The Tokyo market rebounded on the 16th, with 22 stocks selected for a technical feature, primarily from stocks with an RSI of 20% or below and low PERs. The stocks covered were Prime Market issues with a 14-day RSI of 20% or below and a PER below the market average.
In the Tokyo stock market on the 16th, the Nikkei 225 rebounded sharply from the previous day, and although many Prime Market stocks rose, caution remained strong. This feature focuses on the RSI, a technical indicator, and the PER, which indicates relative undervaluation, selecting 22 stocks with an estimated PER below the market average from among those with an RSI of 20% or below. The selection identifies stocks viewed as having room to rise.
Examples among the selected stocks include 石油資源, with an RSI of 19.22, a PER of 6.6 and a PBR of 0.73; インフロニア, with an RSI of 17.21, a PER of 7.0 and a PBR of 1.15; and エコス, with an RSI of 16.38, a PER of 7.3 and a PBR of 0.85. The list included stocks with low RSIs and relatively low PERs. The table also presents data for 薬王堂HD, IDOM, 西鉄, 綿半HD and ライフコーポ, among others.