Daiwa Securities Group Inc.'s share price has recently been trending lower, falling 3.0% by 22 October from its peak on 16 October. A death cross was confirmed when the 25-day moving average fell below the 75-day moving average, and the price continued to fluctuate in both directions immediately afterward.
The key points in the recent price movement are that the share price reached ¥1,751 on 16 October before falling to ¥1,698 on 22 October. During the period, it recovered to as high as ¥1,746.5 on 21 October, but over the past 5 trading days it has generally moved lower with fluctuations.
As a technical factor, a death cross was detected on 19 October, when the 25-day moving average fell below the 75-day moving average. From 20 to 22 October, the price fluctuated in response, with rebounds and downward pressure alternating.
As a catalyst, the issuance of the JERA Transition-Linked Bond was disclosed on 22 October. The view presented is that the factors affecting the share price are primarily technical rather than related to Daiwa Securities Group Inc.'s individual financial results.
In terms of financial information, operating revenue is expected to reach ¥434.4 billion and ordinary profit ¥88.1 billion in the first quarter of the fiscal year ending March 2027. Revenue and profit increased across all segments from April to June, but over the past week, fluctuations in the share price have been more prominent than new earnings disclosures.