
Technical analysis of LG Chem, Ltd. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
LG Chem, Ltd. (051910.KS) is a Korea-based chemical company operating internationally across China, Asia/Oceania, the United States, and Europe. The company produces and markets a broad range of chemical products, including ethylene- and styrene-based synthetic resins, polycarbonate, polypropylene, synthetic rubbers, high-performance plastics, and display materials. It is also active in battery materials, industrial adhesives, and recyclable packaging solutions.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
272,595.24
+3.45%
50 sessions
266,930.00
+5.65%
200 sessions
327,254.11
−13.83%
s2
253,333.33
Support
s1
270,166.67
Support
pivot
282,833.33
Pivot
r1
299,666.67
Resistance
r2
312,333.33
Resistance
In the September 3, 2026 session LG Chem, Ltd. closed lower at 282,000.00 , −1.74% versus the previous session.
The price sits mixed against its moving averages: +3.45% against the 21-session average, +5.65% against the 50 and −13.83% against the 200.
The 14-period RSI reads 54.7, in neutral territory.
MACD stands at 2,919.334 against a signal line at 825.360: the histogram is positive (+2,093.974).
ADX reads 14.2, indicating weak directionality.
Levels computed on the latest session place supports at 270,166.67 and 253,333.33 and resistances at 299,666.67 and 312,333.33 , around a pivot of 282,833.33.
The average daily range (ATR) is 15,761.476 , or 5.59% of price.
Turnover was 181.6K shares, 109% of the 20-session average.
Over the last twelve months the price ranged between 224,000.00 and 437,500.00 , and today stands −35.54% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
What technical indicators are commonly used to analyze a stock like LG Chem?
For a chemical sector stock like LG Chem, analysts typically use trend-following indicators such as moving averages (SMA, EMA) and momentum indicators like RSI and MACD, which help identify the direction of the trend and overbought or oversold conditions.
On which timeframes is it useful to observe the chart of a stock like LG Chem?
Technical analysis can be applied across multiple timeframes: daily or weekly charts are often used to identify medium- to long-term trends, while intraday timeframes (hourly or 15-minute) are better suited for observing short-term price movements.
What are Elliott Waves and how are they applied to stock analysis?
Elliott Wave Theory is a technical analysis method that proposes that asset prices move in repetitive sequences of waves, consisting of five impulsive waves and three corrective waves. When applied to a stock like LG Chem, it is used to attempt to identify the current phase of the market cycle, without providing certainty about future price movements.
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