Analysis for Secom
Description & usage
Secom is a leading provider of security services, alarm systems, and monitoring solutions for residential and commercial clients in Japan and abroad. The company benefits from long-term service contracts and high client retention in mission-critical use cases. Key valuation drivers are contract base growth, service margins, labor costs, and technology mix.
Basic info
- Symbol
- 9735.T
- Type
- Stock
- Region
- Japan
- Sector
- Industrials
- Available history
- 11.2 years
- Last trading day
- 04/03/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Analysis summary
Technical picture
Overall, the chart is trying to recover, but the rebound is not fully confirmed yet. Stability is currently doing more of the work than performance, with sub-scores of 47 for performance, 88 for stability and 76 for trend. The shorter horizon currently looks firmer than the longer record, so the recent move is doing more of the work.
The main support is that selling pressure looks less one-sided than before. Price is 3.0 % versus SMA50 and twelve-month momentum is 15.1 %, which fits an early repair phase more than a fully rebuilt uptrend.
The main drag is missing confirmation. The bounce is visible, but trend strength at 0.9 and the longer moving-average picture at 10.0 % are still short of a cleaner uptrend.
The next key change would be confirmation that the rebound is broadening. More strength versus the longer averages would upgrade this from a bounce to a firmer trend.
Current market backdrop
The backdrop is improving on inflation, but not yet on financing conditions. Price pressure is cooling, yet rates still remain high enough to matter.
US 10-year yields remain elevated at 4.35%.
Inflation is cooling, with headline and core readings around 2.4% and 2.5%.
US inflation-adjusted 10-year yields are still high at 1.99%.
In plain language, the inflation trend is moving in a better direction, but financing conditions are not easy yet. That often means the macro picture improves faster than policy relief arrives.
The ISM business activity gauge are currently unavailable or too stale to use, so this is a narrower macro read than usual.
What that means for this asset
For stocks, broad risk appetite matters because it shapes how willing investors are to pay for cyclical exposure or future growth expectations.
At the moment, the interaction between backdrop and chart is not clean enough for a strong macro-to-technical story.
In plain terms, the macro story is somewhat better than the chart, so the asset still needs more technical confirmation to justify a stronger read.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
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Scores and metrics
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Data snapshot
- Snapshot as of
- Apr 03, 2026
- Last trading day
- Apr 03, 2026
- Snapshot status
- Validated
- Data quality
- Passed
Freshness, data quality, and exclusions stay visible. Unavailable values and insufficient history are never treated as valid data.