Sungeel Hitech . Stock Forecast

Buy or Hold candidate since Aug 07, 2026 Gain 6.26%

The Sungeel Hitech Co., Ltd. stock price fell by -1.11% on the last day (Tuesday, 11th Aug 2026) from ₩36,050.00 to ₩35,650.00. During the last trading day the stock fluctuated 4.79% from a day low at ₩35,500.00 to a day high of ₩37,200.00. The price has risen in 7 of the last 10 days and is up by 31.31% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -41 thousand shares and in total, 63 thousand shares were bought and sold for approximately ₩2.23 billion.

Given the current short-term trend, the stock is expected to fall -55.26% during the next 3 months and, with a 90% probability hold a price between ₩8,212.65 and ₩15,948.86 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

365340.KQ Signals & Forecast

The Sungeel Hitech Co., Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₩32,428.57 and ₩33,947.14. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 44.04%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Sungeel Hitech Co., Ltd. stock

Sungeel Hitech Co., Ltd. finds support from accumulated volume at ₩34,150.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₩1,700.00 between high and low, or 4.79%. For the last week, the stock has had daily average volatility of 7.12%.

Our recommended stop-loss: ₩34,330.95 (-3.70%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (365340.KQ) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Sungeel Hitech Co., Ltd. to open at ₩36,116.67, and during the day (based on 14 day Average True Range), to move between ₩34,288.79 and ₩37,011.21, which gives a possible trading interval of +/-₩2,722.41 (+/-7.94%) up or down from last closing price. If Sungeel Hitech Co., Ltd. takes out the full calculated possible swing range there will be an estimated 7.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₩36,050.00 (1.12%) than the support at ₩34,150.00 (4.21%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sungeel Hitech Co., Ltd. stock A Buy?

Sungeel Hitech Co., Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.932 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 12, 2026 - ₩36,116.67 ( 1.31%).

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