1802:TWSEChina AMC YueXiu Expressway REIT Analysis

Obayashi Corporation trades at ¥3,012.00, with its short-term moving averages sitting below the longer-term ones — a bearish trend structure. Over a rolling month the price has lost 6.7%. Relative strength is 46.1 — neutral — and the MACD signal is bullish. Recent trading has carved out support near ¥2,891.00 and resistance around ¥3,128.00.
Multiples put this in undervalued territory: 12.1 times earnings against the sector's 28.0. Sell-side targets cluster 26.6% above the current quote. Revenue is growing at 19.0% on a 7.3% profit margin. The 3.12% dividend yield looks covered by current payout levels.
The composite risk read is 5/10, putting it in moderate territory. With 30-day volatility of 26.1%, a beta of 0.07 and a maximum drawdown of 34.3%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — hold in the near term, buy further out, at 6/10 long-term conviction.