Chips · Stock report · SK hynix (KRX: 000660.KS)
SK hynix — ranks 73rd of 86 chip stocks over one month, yet closed back above its 200-day average
The Closelooknet read
SK hynix (KRX: 000660.KS) ranks 73rd of the 86 stocks in our chip section over the past month, with a fall of 20.1%. Its one-day jump of 10.9% on 28 October lifted the close to KRW 1,487,000, just above the average close of its last 200 sessions at KRW 1,485,100. Our money-flow reading (a gauge of net buying pressure) stands at 103.7: still positive but slowing, and down 53.1 over the past month. We watch whether the close holds above KRW 1,485,100 in the coming sessions, or slips back under it.
Where SK hynix stands among our chip stocks
Over one month SK hynix is 73rd of 86, weaker than its memory peers in the pack. Samsung Electronics (005930.KS) fell 15.2% over the month and sits 33.2% below its 18 June high. Micron Technology (MU) fell 7.7% and sits 19.0% below its 25 June high.
SK hynix is 49.1% below its own 52-week closing high of KRW 2,919,000, set on 22 June. Over the year it is up 228.6%.
Our money-flow and quality readings
Our money-flow reading is 103.7, labelled warm (our label for the strength of net buying), and it is still positive but slowing. It moved down 14.5 over five sessions and 53.1 over the past month.
On our scores SK hynix rates 70 of 100 overall: quality 94, growth 92, valuation 80, balance sheet 78 and cash quality 61. Capital allocation (47) and momentum (38) sit below the composite. The Piotroski score is a check of financial health, scored 8 of 9.
Price trend
The close of KRW 1,487,000 is 0.1% above the 200-day average, the average close of the last 200 sessions, which is the cross-up that triggered this report. It is 8.7% below the 50-day average of KRW 1,628,740.
The stock is up 14.9% over five sessions and 128.4% this year, but down 15.5% over three months. Its typical daily swing is about 6.2%, and the stock opened the day with a 3.7% gap.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.