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Kioxia sees mixed trading with buying bias; focus on 5-day moving average amid continued heavy volume

Mon Apr 20, 2026 9:10 am JST Catalyst

Kioxia Holdings <285A> is seeing somewhat stronger buying, with the stock trading around the 30,000 yen level amid conflicting bullish and bearish views. Trading value has been exceptionally high, exceeding 1 trillion yen for eight consecutive trading days through the 17th of last week, reaching a record high of over 1.6 trillion yen on the 14th of last week. However, the stock price has been under pressure from some large-scale profit-taking, with last Friday closing with a large bearish candlestick and falling below its 5-day moving average. If the stock declines significantly today, the moving average will turn downward, marking a critical juncture. In the U.S. stock market, semiconductor stocks remain strong, with the Philadelphia Semiconductor Index (SOX) recording its 13th consecutive gain and trading near record highs. Meanwhile, SanDisk , a fellow NAND memory manufacturer, is also trading near its all-time highs, with Kioxia moving in tandem. The high correlation between the two stocks has heightened market interest in their future trajectories.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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