Price Trends
Technical analysis of Samsung Electronics stock indicates a neutral outlook for the 4-6 month period, with the following key observations:
- The stock is currently trading near its 20-day and 50-day moving averages, suggesting a lack of strong directional momentum.
- Recent price action shows consolidation after a period of volatility.
- Support and resistance levels are well-defined, providing potential boundaries for price movement.
Daily Price with 20-day and 50-day Moving Averages
Weekly Price with 20-week and 50-week Moving Averages
Technical Indicators
Moving Averages
Price is near both short-term and medium-term moving averages, indicating a neutral trend.
Signal:
Neutral
MACD
The MACD indicator shows minimal divergence from its signal line, suggesting limited momentum in either direction.
Signal:
Neutral
RSI
The Relative Strength Index is in neutral territory, neither overbought nor oversold.
Signal:
Neutral
Bollinger Bands
Price is trading near the middle band, indicating a lack of extreme volatility.
Signal:
Neutral
Price Targets Based on Technical Analysis
Current Price
KRW 54,700
Support Levels
KRW 51,965
5% downside
Resistance Levels
KRW 57,435
5% upside
The technical analysis suggests a potential trading range of -5% to +5% over the next 4-6 months, aligning with a neutral outlook.