The 6834.T stock is the top intraday loser on JPX on 28 Feb 2026 after selling pressure pushed the price back to JPY 23,670.00 from an open of JPY 24,950.00. Volume is elevated at 274,600.00 shares, 2.75x average, signaling heavier flows. Traders are watching profit taking after a strong multi-month rally and mixed valuation signals that link recent price moves to fundamentals and momentum.

Intraday price action and volume

SEIKOH GIKEN Co., Ltd. (6834.T stock) opened at JPY 24,950.00 and traded between a day low of JPY 23,200.00 and a day high of JPY 24,950.00. Current last trade is JPY 23,670.00. Intraday volume is 274,600.00, above the 30-day average of 172,245.00, confirming heavier selling. The stock’s relVolume of 2.75 points to outsized participation and makes today’s drop meaningful for short-term traders.

Valuation and key financials

On a headline basis 6834.T stock trades at PE 52.68 with EPS JPY 410.76. Market cap is JPY 193,448,767,480.00 and shares outstanding are 8,939,407.00. Book value per share is JPY 3,504.72 and cash per share is JPY 1,694.30, giving a strong current ratio of 5.30. High P/E and P/S ratios suggest the market prices growth, which raises sensitivity to any earnings surprise.

Technical setup: momentum and risk

Technical signals show mixed risks for 6834.T stock. RSI is 73.27 (overbought) and ADX is 55.19, indicating a strong trend but stretched momentum. Bollinger upper band sits near JPY 27,357.68 and ATR is JPY 1,460.99, underlining wide intraday swings. The combination of overbought momentum and today’s volume-led pullback increases the chance of near-term consolidation or deeper correction.

Sector context and drivers

SEIKOH GIKEN operates in Technology hardware and parts. The broader Technology sector in Japan has a YTD performance of 5.61% and an average PE of 26.72, making 6834.T stock relatively expensive versus peers. Supply-chain orders for optical components and demand in optical communications remain supportive, but sector rotation into more cyclical names can pressure high-multiple stocks.

Meyka AI grade and model forecast

Meyka AI rates 6834.T with a score out of 100: 77.58/100, Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price near JPY 18,483.88, implying a -21.91% downside from JPY 23,670.00. Forecasts are model-based projections and not guarantees.

Trading setups and price targets

For traders, near-term support sits at the day low JPY 23,200.00 and stronger support near JPY 18,500.00. Meyka AI suggests a conservative short-term price target of JPY 18,500.00, a base target near JPY 24,000.00, and a bullish target of JPY 30,000.00 if momentum resumes. Stop-loss discipline is critical given the stock’s ATR of JPY 1,460.99 and elevated volatility.

Final Thoughts

6834.T stock is the top intraday loser on JPX today, trading JPY 23,670.00 on 28 Feb 2026 with volume at 274,600.00 and a relVolume of 2.75, which points to significant selling interest. High valuation metrics such as PE 52.68 and elevated RSI at 73.27 indicate profit-taking risk after a long rally. Meyka AI’s forecast model projects a monthly level near JPY 18,483.88, implying a -21.91% downside versus the current price. Investors should weigh strong balance-sheet metrics, including cash per share JPY 1,694.30 and a current ratio 5.30, against stretched multiples. Short-term traders may look for a break below JPY 23,200.00 to confirm further weakness, while longer-term investors should monitor upcoming earnings and order trends before adding to positions. Meyka AI is available as an AI-powered market analysis platform for real-time signals and grades, but these views are informational and not financial advice.

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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.