1515.T stock down 31.01% intraday on JPX: watch JPY 2,744 support

The 1515.T stock plunged 31.01% intraday on JPX, falling to JPY 2,770.00 after heavy selling and a break below the session open. Volume exploded to 2,698,700 shares versus an average of 1,401,233, signalling outsized trader activity. The drop follows a previous close of JPY 4,015.00 and highlights swift profit-taking after a recent rally to a year high of JPY 4,535.00. Investors should watch the JPY 2,744.00 intraday low and the 50-day average at JPY 3,215.98 for near-term support and resistance.

Intraday move: 1515.T stock price action

The main driver today is a sharp intraday sell-off with a price change of -1,245.00 JPY or -31.01%. The stock traded between JPY 2,744.00 and JPY 3,015.00 after opening at JPY 2,955.00. Market cap now stands near JPY 267.13B and liquidity surged with relative volume of 2.11.

Valuation and financials for 1515.T stock

Nittetsu Mining (1515.T) posts an EPS of 124.87 JPY and a trailing PE of 27.19. Price to book is 1.69 and price to sales is 1.26, showing moderate valuation versus peers. Book value per share is 2,031.78 JPY with cash per share of 444.59 JPY and dividend per share 50.20 JPY.

Technical setup and trading signals for 1515.T stock

Technical indicators show a rapid momentum shift. RSI sits at 41.10, MACD histogram is -124.82, and CCI reads -154.63, indicating oversold conditions. The 50-day average is JPY 3,215.98 and the 200-day average is JPY 2,035.01. Key intraday support is JPY 2,744.00 and resistance near JPY 3,015.00.

Meyka AI rates 1515.T with a score out of 100

Meyka AI rates 1515.T with a score of 73.15 out of 100 — Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The model notes strong ROE and cash buffers, offset by compressed short-term momentum. This grade is not guaranteed and we are not financial advisors.

Meyka AI’s forecast model projects upside for 1515.T stock

Meyka AI’s forecast model projects a 12-month level near JPY 4,774.00. Compared with the current price of JPY 2,770.00, implied upside is approximately 72.35%. Forecasts are model-based projections and not guarantees. Shorter-term monthly projection sits at JPY 4,022.94, which implies near-term resistance and a recovery path if buyer interest returns.

Risks and catalysts for 1515.T stock outlook

Downside risk includes renewed profit-taking, weak commodity demand, and margin pressure in Basic Materials. Interest coverage is healthy at 23.94x, but the stock remains sensitive to macro cycles. Near-term catalysts include the earnings release scheduled for 2026-05-06, any updates on metal prices, and company updates on renewable energy projects.

Final Thoughts

Today’s intraday decline makes 1515.T stock one of JPX’s top losers, with the share price at JPY 2,770.00 after a -31.01% move. Fundamentals remain intact: EPS is 124.87 JPY, PE is 27.19, book value per share is 2,031.78 JPY, and the company has a current ratio of 1.83. Technicals show oversold readings but an ADX of 37.18 indicating a strong trend. Meyka AI’s forecast model projects JPY 4,774.00 over 12 months, implying roughly 72.35% upside from current levels, though this is a model projection and not a guarantee. Traders should watch intraday support at JPY 2,744.00 and resistance near the 50-day average JPY 3,215.98. For portfolio managers, the move presents a risk-managed entry for those who accept cyclicality in Basic Materials and the stock’s volatility. Meyka AI’s platform provides real-time updates and grade-based context for follow-up action.

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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.