Score 8.2 (out of 10): SAMSUNG ELECTRONICS CO LTD sets up for 4.4% rally in 1 month

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Insight:

SAMSUNG ELECTRONICS CO LTD has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, SAMSUNG ELECTRONICS CO LTD shares had a median return of +4.4%, over the following 1 month – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for SAMSUNG ELECTRONICS CO LTD received a high score of 8.2 (out of 10). This insight was generated on 2021-October-26 with last price of 70700. SAMSUNG ELECTRONICS CO LTD is in the Electronic Compo-Semicon business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth 38.2% more (average). Ticker symbol: 005930 KS

Details:

NameSAMSUNG ELECTRONICS CO LTD
ViewUp
Star (1 to 10)9.6
Target+4.4%
Time1 month
Hit Rate80%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

4.2% (August-2021), -2.4% (July-2021), 1.1% (May-2021), -0.9% (February-2021), 4.7% (September-2020), 7.3% (May-2020), 8.8% (April-2020), 8.1% (August-2019), 1.1% (May-2019), 6.8% (March-2019).

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