JPX Most Active: 6740.T Japan Display Inc. JPY 24.00: watch volume for short-term momentum
Japan Display Inc. (6740.T) is trading as one of the JPX most active names intraday at JPY 24.00 with 175,422,200.00 shares traded so far. The 6740.T stock shows short-term strength versus its 50-day average of JPY 21.46 and a 200-day average of JPY 19.43, lifting intraday attention. Volume is driving the move today and traders are watching technical momentum while fundamental concerns remain, including negative EPS of -11.76 and a PE of -2.04. We outline what the data means for intraday flows and medium-term outlook on the JPX market.
Intraday trading flow and liquidity
6740.T stock is active on the JPX with volume 175,422,200.00 versus an average volume of 219,541,311.00, a relative volume of 0.75. The stock opened at JPY 23.00 and is trading near the session high of JPY 24.00. High liquidity supports bigger blocks and quick order fills, which suits short-term traders and market makers.
Elevated turnover explains why 6740.T is in our most active list; intraday traders should note bid-ask dynamics and the 50-day moving average at JPY 21.46 as a near-term support reference.
Technical snapshot: momentum vs resistance
Technicals show modest bullish momentum for 6740.T stock. The RSI is 57.76, MACD is 0.62 with a signal at 0.60, and ADX at 29.19 indicates a strengthening trend. Bollinger Bands sit at Upper 25.08, Middle 22.90, Lower 20.72, placing current price inside the upper band area.
Short-term traders can watch JPY 25.08 as immediate resistance and JPY 21.46 (50-day) as the main intraday support. Momentum readings suggest follow-through is possible but volatility (ATR 1.93) can widen stops.
Valuation and financial health
On fundamentals, Japan Display Inc. (6740.T) shows stressed metrics: EPS -11.76, PE -2.04, and a market capitalization of JPY 93,129,310,920.00 (about JPY 93.13B). Price-to-sales is 0.66, EV/sales 0.89, but book value per share is negative at -1.55. Current ratio 0.68 flags working capital pressure.
Revenue per share is 36.55 but free cash flow per share is negative at -7.63. These figures underline structural challenges even as trading interest rises.
Catalysts, calendar and sector context
Key near-term catalyst: JDI has an earnings announcement scheduled for 2026-05-08. That date will likely drive new intraday and swing activity. Sector-wise, Technology on JPX is up modestly year-to-date, but hardware peers show stronger margins and higher current ratios, making Japan Display’s recovery more conditional on product wins and cost control.
Watch corporate announcements, supply contract wins in automotive or wearables, and any guidance changes; these are the most likely drivers of sustained price moves for 6740.T stock.
Meyka AI grade and analyst-style targets
Meyka AI rates 6740.T with a score out of 100: the platform shows a score of 72.13 (Grade B+) with a suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Our trading-oriented price targets: near-term target JPY 28.00, medium-term target JPY 33.00 (approaching the 52-week high), and a downside support zone around JPY 14.00. These targets reflect risk-reward for traders, not investment guarantees.
Risks and trading strategy for intraday players
Primary risks for 6740.T stock include continued negative earnings (EPS -11.76), low current ratio 0.68, and high inventory days (87.37). Market sentiment can reverse quickly on macro or sector weakness.
Intraday strategy: use tight stops, size positions to volatility (ATR 1.93), and favour scalps around VWAP or pullbacks to the 50-day average. Earnings and headlines are high-impact events; avoid holding through earnings without a clear risk plan.
Final Thoughts
6740.T stock is a high-turnover intraday name on the JPX today, trading at JPY 24.00 with heavy volume of 175,422,200.00 shares. Technical indicators point to short-term momentum, but fundamentals show clear weaknesses: negative EPS -11.76, PE -2.04, and weak current ratio 0.68. Meyka AI’s forecast model projects a yearly level of JPY 10.26, implying a model-based downside of -57.27% from the current price. Shorter-horizon model outputs are less negative (monthly JPY 21.43, -10.71% implied), which helps explain the present intraday interest.
For active traders, the combination of liquidity and momentum offers intraday opportunities, while longer-term investors must weigh operational recovery and cash flow improvement. Meyka AI provides this as AI-powered market analysis; forecasts are model-based projections and not guarantees. Monitor volume, the upcoming earnings date on 2026-05-08, and sector news to reassess risk and targets in real time.
FAQs
What is the current price and volume for 6740.T stock?
6740.T stock is trading at JPY 24.00 with 175,422,200.00 shares traded intraday. Average volume is 219,541,311.00, so today’s turnover is elevated versus the average and supports higher intraday liquidity.
How does Japan Display’s valuation look for 6740.T stock?
Valuation is strained: EPS -11.76, PE -2.04, price-to-sales 0.66, and negative book value per share -1.55. These metrics reflect earnings weakness and balance-sheet pressure despite low EV/sales of 0.89.
What are the main short-term catalysts for 6740.T stock?
Key catalysts include the scheduled earnings release on 2026-05-08, any automotive or wearable display contract wins, and quarterly guidance. Intraday traders also watch volume spikes and technical breakouts for short-term moves.
What does Meyka AI forecast for 6740.T stock?
Meyka AI’s forecast model projects monthly JPY 21.43, quarterly JPY 17.15, and yearly JPY 10.26, implying an approximate yearly downside of -57.27% from JPY 24.00. Forecasts are model-based projections and not guarantees.
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.