PKX NEWS why is Posco price falling or rising

PKX NEWS reasons for why stock price of Posco is falling or rising

PKX Posco is falling or rising technical reasons

Technical analysis forecast for Posco Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Posco PKX at this time. Stock is falling and might fall more.

It appears as if Posco PKX gave a large move recently.

Stock of Posco (PKX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Posco is bearish for shortterm, and stock might move down till 52.1 or till 47.1. Use a stoploss of 56.32 and if the stock hits stoploss, then it can shoot up till 60.49

PKX Posco is falling or rising NEWS fundamental reasons

More announcements and NEWS

PKX Posco current price & indicator signals

Moving Averages for Posco

  • 5Day Average: 52.23
  • 12Day Average: 54.06
  • 20Day Average: 56.94
  • 50Day Average: 63.36
  • 100Day Average: 63.63
  • 150Day Average: 65.73
  • 200Day Average: 68.87

PKX Indicators & signals

Indicator MACD (12,26,9)

54.4, 57.51, -3
Indicator MACD is in negative zone

Indicator ADX (14)

23.19, 29.78, 47.75
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PKX Posco are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 54.40 54.24 to 54.71 3.5% 0.99 times
20 Wed Nov 2024 52.56 52.26 to 52.70 0.59% 0.75 times
19 Tue Nov 2024 52.25 51.74 to 52.36 -0.04% 0.48 times
18 Mon Nov 2024 52.27 51.68 to 52.29 5.19% 0.91 times
15 Fri Nov 2024 49.69 49.37 to 50.10 -5.14% 1.15 times
14 Thu Nov 2024 52.38 52.38 to 53.14 1.55% 1.87 times
13 Wed Nov 2024 51.58 51.56 to 52.36 -4.18% 0.84 times
12 Tue Nov 2024 53.83 53.63 to 54.11 -2.94% 1.29 times
11 Mon Nov 2024 55.46 55.34 to 56.20 -2.34% 1.29 times
08 Fri Nov 2024 56.79 56.37 to 57.57 -4.75% 0.75 times
07 Thu Nov 2024 59.62 59.15 to 59.88 3.01% 0.67 times
06 Wed Nov 2024 57.88 56.84 to 58.90 -5.79% 0.74 times

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