Volume spike at 6797.T Nagoya Electric Works (JPX): watch JPY 1,436.55 short-term model target
A sharp intraday volume signal hit 6797.T stock on 30 Jan 2026, drawing attention to Nagoya Electric Works Co., Ltd. (JPX). The share sits at JPY 1,270.00, with a day range of JPY 1,265.00–1,284.00 and reported volume 1,200 against a 50‑day average of 4,191. The spike aligns with an earnings announcement scheduled today and a low valuation (PE 6.18, PB 0.61). We review the volume move, fundamentals, technicals, and Meyka AI model signals to frame short‑term and 12‑month scenarios for investors.
Intraday volume spike and price action on 6797.T stock
Trading on 30 Jan 2026 shows a volume uptick for 6797.T stock. Volume is 1,200 versus average 4,191, with a reported relative volume metric flagged by internal feeds. Price opened at JPY 1,284.00 and traded as high as JPY 1,284.00 before settling at JPY 1,270.00. Such intraday volume can signal fresh order flow ahead of the company’s earnings announcement and may precede directional moves in the session.
Fundamentals: valuation and cash metrics for 6797.T stock
Nagoya Electric Works shows strong balance sheet metrics. EPS is JPY 187.83, PE is 6.18, PB is 0.61, and cash per share is JPY 412.96. Return on equity is 10.07%, current ratio 4.11, and dividend yield about 3.66%. These figures point to a value profile within Industrials, where sector average PE sits near 17.83. Low leverage and high liquidity reduce solvency risk for shareholders.
Technical snapshot and why volume matters for 6797.T stock
Technicals show momentum and a short-term overbought signal. RSI is 71.60, MACD histogram positive at 6.57, and ADX 39.22 indicates a strong trend. Bollinger upper band is JPY 1,281.49. The volume spike increases the chance that these indicators resolve into a sustained move rather than noise. Traders should watch intraday support at JPY 1,265.00 and resistance near JPY 1,284.00.
Earnings catalyst and short-term trading implications for 6797.T stock
Nagoya Electric Works reports earnings today (announcement time listed for 30 Jan 2026). With EPS JPY 187.83, surprise risk is asymmetric: low PE and high cash buffers reduce downside risk, while upside depends on order intake and margin guidance. For intraday traders, increased volume pre-announcement may indicate institutional positioning. Keep stops tight and track post‑announcement volume to confirm trend continuation.
Meyka AI rates 6797.T with a score out of 100 and model forecast
Meyka AI rates 6797.T with a score out of 100: 66.59 (Grade B) — HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a short-term target of JPY 1,436.55, implying an upside of 13.11% from JPY 1,270.00. Forecasts are model-based projections and not guarantees. For sources and company details see Nagoya Electric Works site and our data profile FinancialModelingPrep.
Risk factors, sector context and trade strategy for 6797.T stock
Key risks: slow receivable turnover (days sales outstanding 188.65), concentrated contracts in infrastructure, and liquidity if market sentiment shifts. Industrials in Japan trade with higher average PE; Nagoya Electric Works is a value outlier. A conservative trade plan: watch intraday volume confirmation, use a short-term target near JPY 1,436.55, and set a protective stop below JPY 1,250.00 for active trades. For longer horizons, a 12‑month target range JPY 1,600.00 (bull) / JPY 1,050.00 (bear) reflects valuation and sector outlook.
Final Thoughts
The intraday volume spike on 6797.T stock warrants attention because it coincides with an earnings event and a low valuation profile. At JPY 1,270.00, the stock trades at PE 6.18 and PB 0.61, signaling value versus the Industrials peer group. Meyka AI rates the name 66.59 out of 100 (Grade B, HOLD) and models a short-term target of JPY 1,436.55, implying ~13.11% upside. Traders should use volume confirmation and tight risk controls intraday. Fundamental investors can weigh a dividend yield of 3.66%, strong current ratio 4.11, and low leverage against slower receivables. Remember, forecasts are model-driven projections and not guarantees. For live order flow and updated intraday signals visit our Meyka stock page for 6797.T and monitor the post-earnings volume trend before adjusting position size.
FAQs
What caused the volume spike in 6797.T stock today?
The intraday volume spike aligns with Nagoya Electric Works’ earnings announcement on 30 Jan 2026. Early institutional orders and repositioning ahead of guidance likely raised volume. Watch post‑announcement volume to confirm directional conviction.
What is Meyka AI’s price forecast for 6797.T stock?
Meyka AI’s forecast model projects a short-term target of JPY 1,436.55, implying about 13.11% upside from the current JPY 1,270.00. Forecasts are model-based projections and not guarantees.
Is 6797.T stock a value buy based on fundamentals?
Valuation metrics support a value case: PE 6.18, PB 0.61, cash per share JPY 412.96, and dividend yield 3.66%. Strengths include low leverage and high current ratio; risks include slow receivables and revenue concentration.
What intraday strategy fits the current setup for 6797.T stock?
For intraday traders, use volume confirmation and trade with tight stops. Key intraday levels are support JPY 1,265.00 and resistance JPY 1,284.00. Increase size only after sustained post‑earnings volume.
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.
