6629.T falls 8.37% pre-market 03 Jan 2026: top loser, watch JPY 1,143 support
We see Techno Horizon Co.,Ltd. (6629.T) down 8.37% in pre-market trade on 03 Jan 2026, sliding to JPY 1,160.00 on the JPX. The move follows a larger intraday range with a low at JPY 1,143.00 and high at JPY 1,293.00, while volume sits at 2,652,700 shares versus an average 2,242,652.00. The drop is notable against a 50-day average price of JPY 696.46 and a 200-day average of JPY 462.85, highlighting strong recent momentum and why 6629.T stock is a top loser in early session trade.
Pre-market price action
6629.T opened at JPY 1,245.00 and traded down to JPY 1,160.00, a JPY -106.00 decline or -8.37% on the day. Intraday volume of 2,652,700.00 shares equals a relative volume of 1.18 and signals heavier selling pressure than normal. The immediate technical support is the day low at JPY 1,143.00 and a key short-term pivot sits near the 50-day average of JPY 696.46.
Fundamentals snapshot
Techno Horizon Co.,Ltd. reported EPS of JPY 8.70 and a trailing PE of 52.60, with price to book at 1.60 and market capitalization of JPY 15,633,317,680.00. The company pays JPY 12.00 per share in dividends, producing a yield near 1.03%. Debt to equity is elevated at 1.57 and current ratio is 1.30, indicating moderate leverage relative to liquidity.
Why the stock is a top loser
The stock’s drop appears driven by profit-taking after a strong YTD run (change YTD +58.06%) and a high year range at JPY 1,541.00. Sector rotation into larger tech names in the Technology sector likely intensified selling in smaller hardware and robotics names like Techno Horizon. The company’s net profit margin is 0.59% and falling operating income growth (-63.96%), which may have amplified investor caution.
Technical indicators and chart levels
Momentum indicators show RSI at 65.31 and ADX at 56.93, indicating a strong trend but MFI at 83.39 signals short-term overbought prior to the sell-off. Key resistance sits near the day high JPY 1,293.00 and Bollinger middle band at JPY 929.60, while support levels are JPY 1,143.00 and the 50-day average at JPY 696.46.
Meyka grade & valuation
Meyka AI rates 6629.T with a score out of 100: 71.70 (B+, BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company scores well on price to sales (0.31) and PB (1.60) but weaker on leverage (debt to equity 1.57) and thin net margins, so the grade reflects mixed fundamentals and momentum. These grades are not guaranteed and we are not financial advisors.
Outlook and Meyka forecast
Meyka AI’s forecast model projects a near-term target of JPY 1,244.19 (monthly projection). Versus the current price of JPY 1,160.00 this implies an upside of 7.26%. The model also shows a quarterly figure of JPY 502.22 but treat that as a different metric rather than a price target. Forecasts are model-based projections and not guarantees; monitor earnings due 23 Jan 2026 and cash conversion cycle risks (117.20 days).
Final Thoughts
Techno Horizon Co.,Ltd. (6629.T) is the session’s top loser in pre-market trade, down 8.37% to JPY 1,160.00 on JPX with volume 2,652,700.00 highlighting above-average selling. Short-term technicals show exhausted overbought signals and ADX at 56.93, so the trend has strength but the recent correction tests support at JPY 1,143.00. Fundamental strengths include a low price-to-sales ratio (0.31) and book value per share JPY 725.90, while risks include a high debt-to-equity of 1.57 and slim net margins of 0.59%. Meyka AI’s near-term forecast of JPY 1,244.19 implies a 7.26% upside from current levels, but forecasts are model-based projections and not guarantees. Traders should watch the upcoming earnings announcement on 23 Jan 2026 and sector flows in Technology hardware for confirmation; long-term investors should weigh leverage and cash conversion trends before adding to positions.
FAQs
6629.T fell 8.37% pre-market on higher volume; the drop reflects profit-taking after strong YTD gains, mixed fundamentals (low net margin 0.59%) and sector rotation away from smaller tech hardware names.
Immediate support is the day low at JPY 1,143.00 and the 50-day average at JPY 696.46. Near-term resistance sits at the day high JPY 1,293.00 and Bollinger middle band around JPY 929.60.
Meyka AI’s model projects a monthly target of JPY 1,244.19, implying a 7.26% upside from JPY 1,160.00. Forecasts are model-based projections and not guarantees; use them with fundamental checks.
Meyka AI assigns a score of 71.70 (B+, BUY) reflecting mixed strengths and risks. This is informational only and not financial advice; conduct your own research before trading.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
