Why did 3070.T stock fall in the pre-market on 17 Mar 2026?

The fall was driven by heavy selling and **16,749,400** shares traded, pushing price to **JPY 84.00**. Weak recent EPS (**-26.91**), extended inventory days, and a breach of the 50-day average amplified selling pressure.

What is Meyka AI's view and grade for 3070.T stock?

Meyka AI rates 3070.T **61.17/100** (Grade B: HOLD). The grade balances low PB valuation and cash buffers against weak returns and profitability. This is model-based and not investment advice.

What technical levels should traders watch for 3070.T stock?

Key short-term support is **JPY 83.00** with the year low **JPY 67.00** as the next floor. RSI **37.62**, ATR **9.90**, and heavy volume suggest heightened volatility and risk of further downside.

Does Meyka AI offer a price forecast for 3070.T stock?

Yes. Meyka AI's forecast model projects a monthly price of **JPY 97.19** (≈**+13.57%** vs **JPY 84.00**) and a quarterly projection of **JPY 154.40**. Forecasts are model-based projections and not guarantees.

JP Stocks

3070.T stock down 23.64% pre-market 17 Mar 2026: key support at JPY 83.00

ByHuzaifa Zahoor March 17, 2026March 17, 2026

JELLY BEANS Group Co., Ltd. (3070.T) plunged 23.64% in Tokyo pre-market trade to JPY 84.00 on 17 Mar 2026 after heavy selling and a 16,749,400 share print. The move put 3070.T stock below its 50-day average of JPY 96.66 and near the session low of JPY 83.00. Volume is 2.73 times the average, signalling urgent repositioning. We review why the drop placed the apparel retailer among JPX top losers, connect fundamentals to the sell-off, and outline where analysts and our model see value next