Technical Analysis for PKX - POSCO

Grade Last Price % Change Price Change
B 73.25 -0.54% -0.40
PKX closed down 0.54 percent on Friday, April 9, 2021, on 39 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical PKX trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -0.54%
Overbought Stochastic Strength -0.54%
New Uptrend Bullish -0.99%
Overbought Stochastic Strength -0.99%
Stochastic Sell Signal Bearish -0.34%
Older End-of-Day Signals for PKX ...

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Profile

POSCO Description

POSCO, together with its subsidiaries, primarily manufactures and sells integrated steel products in South Korea. It operates through four segments: Steel, Trading, Construction, and Others. The Steel segment offers cold rolled and hot rolled products, stainless steel products, plates, wire rods, and silicon steel sheets, as well as semi-finished products, such as pig iron, billets, blooms, and slab for various customer needs from manufacturing industries, automotive, shipbuilding, home appliance, engineering, and machinery industries. The Trading segment engages in exporting and importing various products and commodities, including iron and steel, raw materials for steel production, non-ferrous metals, chemicals, automotive parts, machinery and plant equipment, electronics products, agricultural commodities, and textiles. The Construction segment is involved in the planning, design, and construction of industrial plants, commercial and residential buildings, architectural works, and civil engineering projects. The Others segment engages in power generation, liquefied natural gas (LNG) production, network and system integration, and LNG logistics activities. As of December 31, 2012, this segment operated LNG combined cycle power generation facilities with total power generation capacity of approximately 3,300 megawatts. The company also exports its products to China, Japan, Asia, Europe, the Middle East, North America, and internationally. POSCO was founded in 1968 and is based in Seoul, South Korea.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Natural Gas Chemicals Steel Building Materials Architecture Textile Liquefied Natural Gas Machinery Stainless Steel Steel Products Home Appliance Ferrous Manufacturing Industries Berkshire Hathaway Civil Engineering Electronics Products Shipbuilding Steel Sheet Chaebol Machinery Industries Plant Equipment Posco Stainless Steel Products

Is PKX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 75.56
52 Week Low 33.265
Average Volume 193,989
200-Day Moving Average 52.51
50-Day Moving Average 65.21
20-Day Moving Average 69.79
10-Day Moving Average 72.81
Average True Range 1.82
ADX 26.8
+DI 38.92
-DI 20.05
Chandelier Exit (Long, 3 ATRs ) 70.11
Chandelier Exit (Short, 3 ATRs ) 68.46
Upper Bollinger Band 76.20
Lower Bollinger Band 63.39
Percent B (%b) 0.77
BandWidth 18.36
MACD Line 2.42
MACD Signal Line 2.20
MACD Histogram 0.2189
Fundamentals Value
Market Cap 23.33 Billion
Num Shares 319 Million
EPS 8.63
Price-to-Earnings (P/E) Ratio 8.49
Price-to-Sales 0.33
Price-to-Book 0.45
PEG Ratio 9.86
Dividend 1.56
Dividend Yield 2.13%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 74.24
Resistance 3 (R3) 74.16 73.74 74.08
Resistance 2 (R2) 73.74 73.49 73.79 74.02
Resistance 1 (R1) 73.50 73.34 73.29 73.58 73.96
Pivot Point 73.08 73.08 72.98 73.13 73.08
Support 1 (S1) 72.84 72.83 72.63 72.92 72.54
Support 2 (S2) 72.42 72.68 72.47 72.48
Support 3 (S3) 72.18 72.42 72.43
Support 4 (S4) 72.26