The South Korean multinational automotive manufacturer, Hyundai Motors was ranked world's third-largest carmaker in 2022 in terms of production.
Hyundai motor group(which includes Genesis and Kia brands) has grown massively during the last decade surpassing giants like General motors, Nissan, Ford and Stellantis (in terms of annual sales volumes). At this point...
The chart of Hyuandai presents itself very strong with a freshly activated long signal.
The Weber Trend Suite provided a perfect support line (green horizontal). Additionally the chart formed a bullish divergence to the RSI. After the first leg up, the price consolidated in a bull flag and now we see the breakout.
The conservative trade has a CRV of 3 (target...
Hello everyone,
Today I am taking a look at the Hyundai chart.
The situation is not acute at the moment, but for the watchlist.
- Hyundai was able to overcome important resistances with the last rally.
- I expect a further positive development in the medium term.
- The share price is currently in a correction
- For a possible entry, the price still has to fall...
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If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction
005380 (KRX) - Closing Gap
HYMTF gapped up on AAPL news. If deal goes through, HYMTF may break above channel for a good short term buy opportunity. Possible Buy the rumor Sell the news opportunity.
Also, if deal does not go through, HYMTF will probably break below channel and close the gap.
Was having a bit of a read around the web on the news of Apple looking to build a car potentially with Hyundai and wondered what the impact on their share price would be. Here's your answer...
It would be interesting to see if Apple just comes out with another electric car concept or whether they can do something truly transformative. Apple is incredibly cashed...
The value of Hyundai stock has been on a strong upward trend since the positive outlook from management. Today, the value of the share seems to have completed a retracement into an area of value. The long outlook is also supported by the candlestick pattern and the adjacent upward trend line.
On Friday, Hyundai Motor Co and partner Kia Motors Corp have held in reserve a total of 900 billion won ($757.86 million). This move aims to settle the U.S. class action hearing.
Moreover, to address engine-related matters in the United States and South Korea.
According to Hyundai Motor and Kia Motors, they will reproduce about 600 billion won. This decision...
The unionized workers of Hyundai Motor Co. in South Korea on Monday voted to accept the lowest bonus given in almost two decades. And this was due to the widespread restructuring in the auto industry and the harmful trade war with Japan.
On Tuesday, Hyundai announced the approval. And the firm successfully avoided a walkout by workers for the very first time in...
