LG Chem, Ltd. technical analysis
Technical analysis of LG Chem, Ltd. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is LG Chem, Ltd.
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Description generated automatically from public sources; it may be inaccurate or out of date.
LG Chem, Ltd.: latest session data
Closing values for October 15, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
263,380.95
−3.56%
50 sessions
268,050.00
−5.24%
200 sessions
312,901.00
−18.82%
Session levels
s2
240,000.00
Support
s1
246,000.00
Support
pivot
253,500.00
Pivot
r1
259,500.00
Resistance
r2
267,000.00
Resistance
How to read it
In the October 15, 2026 session LG Chem, Ltd. closed higher at 254,000.00 , +0.79% versus the previous session.
The price sits below every moving average observed: −3.56% against the 21-session average, −5.24% against the 50 and −18.82% against the 200.
The 14-period RSI reads 44.4, in neutral territory.
MACD stands at -2,401.301 against a signal line at -1,618.472: the histogram is negative (−782.829).
ADX reads 11.1, indicating weak directionality.
Levels computed on the latest session place supports at 246,000.00 and 240,000.00 and resistances at 259,500.00 and 267,000.00 , around a pivot of 253,500.00.
The average daily range (ATR) is 15,200.127 , or 5.98% of price.
Turnover was 163.3K shares, 76% of the 20-session average.
Over the last twelve months the price ranged between 224,000.00 and 437,500.00 , and today stands −41.94% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
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.
FAQ about LG Chem, Ltd.
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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