Down 11.86% intraday: 7138.T TORICO Co., Ltd. (JPX) 23 Jan 2026, watch JPY 356 support

TORICO Co., Ltd. (7138.T) plunged 11.86% intraday to JPY 364.00 on 23 Jan 2026 after early heavy selling pushed the stock to a day low of JPY 356.00. The 7138.T stock move came on 2,079,900.00 shares traded, below the average daily volume of 2,842,955.00, and follows recent mixed signals on fundamentals and sentiment. We outline why the drop matters for short-term traders on the JPX and what levels and metrics traders should watch next.

7138.T stock intraday price action and key levels

TORICO (7138.T) opened at JPY 410.00 and hit an intraday high of JPY 427.00 before sellers pushed the price to a low of JPY 356.00. The stock closed (intraday) at JPY 364.00, down JPY 49.00 or -11.86% versus the previous close of JPY 413.00. Volume reached 2,079,900.00 shares, a relative volume of 0.73, indicating below-average participation on a large price move.

Immediate support is the day low at JPY 356.00 and psychological JPY 350.00. Intraday resistance sits at the open JPY 410.00 and the high JPY 427.00; a sustained move above JPY 427.00 would relieve short-term pressure.

Why 7138.T stock is selling off now

Several factors likely drove the intraday sell-off in 7138.T stock. The company reports EPS -50.10 and a negative PE (reported at -7.27), highlighting continued profitability pressure. Market commentary and a dated company rating (C- on 2026-01-22) pushed risk sentiment lower.

An upcoming earnings announcement on 2026-02-13 may have increased uncertainty. TORICO operates in Communication Services and Internet Content & Information, where small-cap names trade on headline risk and earnings cadence, amplifying intraday moves.

Fundamentals, valuation and Meyka AI grade for 7138.T stock

TORICO shows mixed balance-sheet strength and stretched valuation metrics. Key ratios: Price/Sales 0.18, Price/Book 3.51, Current Ratio 4.05, Cash per Share JPY 102.23, and Book Value per Share JPY 103.67. Market cap stands at JPY 572,692,120.00 and shares outstanding are 1,573,330.00. Net debt to EBITDA and negative EPS reflect profitability headwinds.

Meyka AI rates 7138.T with a score out of 100: 57.50 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The companyRating snapshot (C- on 2026-01-22) and negative earnings growth weigh on the score, while strong current liquidity supports the holding view.

Technical indicators and short-term momentum on JPX

Technicals show mixed but volatile signals for 7138.T stock. Momentum metrics: RSI 58.23, MACD 74.54 (signal 63.00), and ADX 39.97 indicating a strong trend. Volatility is high: ATR 54.91 with Bollinger middle at JPY 293.55 and upper band at JPY 581.91.

The 50-day average price is JPY 267.48 and the 200-day average is JPY 215.31, placing the current price above both moving averages. Short-term traders should note the overbought Money Flow Index MFI 84.33, which can precede pullbacks after large intraday declines.

Risks and opportunities for investors in 7138.T stock

Risk drivers include ongoing negative EPS, volatile liquidity, and concentrated sector exposure in Japan’s Communication Services. A low free cash flow yield and negative operating margins increase execution risk. The companyRating details show multiple strong-sell signals on profitability metrics.

Opportunities exist in TORICO’s balance-sheet cash buffer: cash per share JPY 102.23 and tangible book JPY 103.67 provide downside support. If management prints earnings improvement on 2026-02-13, the small-cap structure could trigger a sharp rebound. Investors should weigh the stock’s small market cap and 1-year return of +143.32% against recent YTD weakness of -20.70%.

Intraday trading strategy and realistic price targets for 7138.T stock

For intraday and short-term traders on JPX: use tight risk controls. Stop-loss below the JPY 356.00 day low is logical for short-term longs. A conservative intraday target on a recovery is JPY 397.99, while an aggressive bounce target is the open at JPY 410.00.

Longer-term price targets framed by technicals and cash metrics: downside target JPY 300.00 if momentum turns, and upside target JPY 440.00 on renewed buyer interest. These levels are analytic scenarios, not recommendations, and assume active risk management in JPY.

Final Thoughts

Key takeaways: 7138.T stock fell 11.86% intraday to JPY 364.00 on 23 Jan 2026 with volume at 2,079,900.00 shares, making the day low JPY 356.00 the first critical support. Fundamentals show negative EPS (-50.10) and a negative PE, but a healthy current ratio (4.05) and cash per share JPY 102.23 cushion downside. Meyka AI’s forecast model projects a monthly price of JPY 397.99, implying an upside of 9.35% versus the current price of JPY 364.00; forecasts are model-based projections and not guarantees. Meyka AI rates 7138.T with a score out of 100: 57.50 (C+, HOLD), a grade that balances liquidity and sector context against weak profitability. Traders should watch the upcoming earnings on 2026-02-13 and the JPY 356.00 support; a break below that level would increase downside risk, while a validated bounce could target JPY 397.99 near-term. For more company details see the TORICO website source and the JPX listing information source. Meyka AI provided this AI-powered market analysis platform insight to frame short-term trading and medium-term outlook.

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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.