Lotchem is likely to breakout 21.5 to go to 26.19Lotchem is going to breakout level of 21.5, after it next levels are 22.43, 24.07 and 26.19. SL is as per your strategy
Note: This is not a buy/sell call.
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1.91 PKR
5.08 B PKR
81.62 B PKR
378.35 M
About LOTTE CHEMICAL PAKISTAN LTD
Sector
Industry
CEO
Dae Kim Young
Website
Headquarters
Karachi
Founded
1967
ISIN
PK0077901012
FIGI
BBG000KKKWY2
Lotte Chemical Pakistan Ltd. engages in the manufacturing and sale of purified terephthalic acid. It supplies products to the textile, domestic polyester, and polyethylene terephthalate packaging industries. The company was founded in 1967 and is headquartered in Karachi, Pakistan.
Buy Call ;-)Buy above 18.50
Sell around 20.50
Stoploss 16.50
There seems to be a positive move in it soon. IA
Weekly Closing is not bad.Weekly Closing is not bad.
However, 17 should not be
broken.
Monthly Closing above 18.70 will
trigger further positivity.
Lottechem-Pakistan-BuyBullish Divergence on dialy Time frame
Breakout of Descending Wedge
Printing of HL,
Breakout and sustain last LH level will give strength to Bulls
SL just below Last LH, TP-1 may be targetted
LOTCHEM is BullishPrice was in a strong downtrend respecting a descending trendline since Mid April, however matured bullish divergence on daily time frame, finally seems to be playing out as trendline is broken and if bulls manage to breach previous lower high then as per Dow theory we can expect a bullish rally. Ta
PSX : LOTCHEMLOTCHEM has been experiencing some downward presseure recently and now in a accumulation phase since february.
Currently the price has completed the harmonic ABCD pattern at strong daily support level with a bullish div. Now sellers seems to be exhausted at support area and buying pressure seems to
LOTCHEM is showing divergence in 1D time frameLOTCHEM is showing divergence in 1D time frame and also in accumulation phase..
LOTCHEM | PSXLOTCHEM is sustaining its horizontal support and trend line support support, a pull back from this level can be expected. Moreover, RSI indicator also at over sold level. Long position can be taken around 18.20 with the stop loss at 16.75 ( just below previous low) for the target of 21.80 which is t
LOTCHEM - ABCD PATTERNAfter a bearish trend, LOTCHEM is expecting a reversal trend , good bullish move is expected. Long entry recommended in LOTCHEM.
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Frequently Asked Questions
The current price of LOTCHEM is 18.26 PKR — it has decreased by −6.21% in the past 24 hours. Watch LOTTE CHEMICAL PAKISTAN LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange LOTTE CHEMICAL PAKISTAN LTD stocks are traded under the ticker LOTCHEM.
LOTCHEM stock has risen by 6.16% compared to the previous week, the month change is a 2.58% rise, over the last year LOTTE CHEMICAL PAKISTAN LTD has showed a −34.93% decrease.
We've gathered analysts' opinions on LOTTE CHEMICAL PAKISTAN LTD future price: according to them, LOTCHEM price has a max estimate of 19.00 PKR and a min estimate of 19.00 PKR. Watch LOTCHEM chart and read a more detailed LOTTE CHEMICAL PAKISTAN LTD stock forecast: see what analysts think of LOTTE CHEMICAL PAKISTAN LTD and suggest that you do with its stocks.
LOTCHEM reached its all-time high on Aug 12, 2022 with the price of 35.24 PKR, and its all-time low was 4.94 PKR and was reached on Mar 30, 2015. View more price dynamics on LOTCHEM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
LOTCHEM stock is 9.17% volatile and has beta coefficient of 0.58. Track LOTTE CHEMICAL PAKISTAN LTD stock price on the chart and check out the list of the most volatile stocks — is LOTTE CHEMICAL PAKISTAN LTD there?
Today LOTTE CHEMICAL PAKISTAN LTD has the market capitalization of 27.65 B, it has increased by 12.35% over the last week.
Yes, you can track LOTTE CHEMICAL PAKISTAN LTD financials in yearly and quarterly reports right on TradingView.
LOTTE CHEMICAL PAKISTAN LTD is going to release the next earnings report on Feb 20, 2025. Keep track of upcoming events with our Earnings Calendar.
LOTCHEM net income for the last quarter is 494.94 M PKR, while the quarter before that showed 1.27 B PKR of net income which accounts for −61.01% change. Track more LOTTE CHEMICAL PAKISTAN LTD financial stats to get the full picture.
LOTTE CHEMICAL PAKISTAN LTD dividend yield was 11.12% in 2023, and payout ratio reached 89.46%. The year before the numbers were 23.17% and 89.79% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 24, 2024, the company has 226.00 employees. See our rating of the largest employees — is LOTTE CHEMICAL PAKISTAN LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LOTTE CHEMICAL PAKISTAN LTD EBITDA is 5.27 B PKR, and current EBITDA margin is 12.14%. See more stats in LOTTE CHEMICAL PAKISTAN LTD financial statements.
Like other stocks, LOTCHEM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LOTTE CHEMICAL PAKISTAN LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So LOTTE CHEMICAL PAKISTAN LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating LOTTE CHEMICAL PAKISTAN LTD stock shows the sell signal. See more of LOTTE CHEMICAL PAKISTAN LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.