Taekwang Industrial태광산업
003240 · KOSPI · ₩003240 · 태광산업
Technical gauge
After the close on Oct 27, 2026Short term
Bearish
0 bullish, 1 neutral, 8 bearish
Medium term
Bearish
0 bullish, 0 neutral, 8 bearish
What the indicators say
Taekwang Industrial closed at 847,000 won, below its 5-day, 20-day, 60-day, 120-day and 200-day moving averages (870,400, 896,250, 900,450, 926,333 and 969,550 won), and sits below the Ichimoku cloud, a combination that points to a bearish medium-term trend. Momentum is weak on both horizons: RSI(14) is 36.7, the stochastic %K is 5.1 with %D at 17.5, MACD sits under its signal line, and the minus directional indicator (24.7) exceeds the plus (9.9) with ADX at 16.5, while on-balance volume is trending down. The most recent event was a breakdown below the 814,000 won support level, confirmed by the cloud and a moving-average cross, the first such breakdown in four months. Traders typically watch the 814,000 won support and the 886,000 won resistance, with the 20-day average near 896,250 won as the nearer reference level.
Written by AI from the indicator values above. Not advice.
Technical indicators describe past price and volume patterns. They are not predictions or recommendations.
Squeeze! setup
1D timeframe- Entry
- ₩816,000
- Trailing STOP
- ₩876,000
- TPs
- ₩786,000₩756,000₩711,000₩666,000₩576,000
- DCA
- ₩831,000₩846,000₩861,000
- Peak profit
- +0.4%
- 0 of 5 targets hit
- 1d
Recent events
- Oct 26Confirmed SHORT 🔽 · Taekwang Industrial · Entry: 816,000 · 1D | Trailing STOP: 876,000 | TPs: 786,000 | 756,000 | 711,000 | 666,000 | 576,000 | DCA: 831,000 | 846,000 | 861,000 — after TP2 the trailing stop moves to the entry.
- Oct 20Ready to SHORT 🔽 · Taekwang Industrial · Entry: 861,000 · 1D
Squeeze = Bollinger Bands (20, 2) inside Keltner Channels (20, 1.5) for 6+ bars; confirmed on a close beyond the squeeze range with momentum that way within 3 bars of the release. Stop 2 ATR, moved to the entry after TP2; targets 1 / 2 / 3.5 / 5 / 8 ATR; DCA 0.5 / 1 / 1.5 ATR. Paper-trading setup, not advice.
Chart
2026-10-27O 816,000H 829,000L 813,000C 819,000
Every indicator, chart overlays and the stock's recent technical events, with Pro.Unlock with Pro →
Indicators
- Moving averagesPrice above 0 of 5 averages5d ₩836,000 · 20d ₩884,800 · 60d ₩897,900 · 120d ₩916,592 · 200d ₩970,325Price above its averages is commonly read as an uptrend, below as a downtrend; the 200-day line is widely watched for the long-term trend.
- RSI (14)Downward momentum32.1Measures the speed of recent gains vs losses. Above 70 is often called overbought, below 30 oversold; extremes can last in strong trends.
- MACD (12, 26, 9)Below its signal line-19,885 · signal -10,755 · histogram -9,130The gap between 12- and 26-day exponential averages. Crossing its signal line is read as momentum turning; above zero, the short-term average is above the long.
- Bollinger Bands (20, 2)Near the lower band₩819,772 – ₩884,800 – ₩949,828 · width 14.7%Bands two standard deviations around the 20-day average. A squeeze (very narrow bands) means unusually quiet trading, which often comes before a bigger move either way.
- Volume vs 20-day averageNormal trading1.03×Trading volume compared with its 20-day average. Moves on heavy volume are usually given more weight.
Every indicator, chart overlays and the stock's recent technical events, with Pro.
Unlock with ProTechnical events, last 90 days
Every indicator, chart overlays and the stock's recent technical events, with Pro.
Unlock with ProShort squeeze tracker
Score hidden
Sign in free to track one stock with the full squeeze tracker.
See the short squeeze score on your watchlist stocks with Pro.Unlock with Pro →or add Squeeze Pro (US$49/month) →
Estimates from short-selling data. Levels are not predictions or trading recommendations.
Share lending and returned shares
Shares lent out (mostly to short sellers), new loans and shares returned each day. A return is either the lender calling the shares back (a recall) or the borrower handing them back, often after buying back a short. The published figures don't say which.
- Shares on loan
- 17.3K
- 1.6% of listed shares
- Loans, 5-day change
- −0.8%
- Loans, 20-day change
- +0.7%
- Returned, last 5 days
- 1.5K
- New loans, last 5 days
- 1.4K
- Short balance vs loans
- 9%
- How much of the lent stock is sold short. The higher it is, the more buying back a wave of recalls forces.
Who's borrowing: foreign vs domestic
The shares on loan by who borrowed them and who lent them, by value.
- Foreign share, 5 days
- —
- Foreign share, 20 days
- —
- Foreign borrowing, 5 days
- —
As of Oct 27. Domestic borrowers include Korean brokers, some of which borrow for overseas clients, so this shows who holds the loan, not who finally sells short. Not a recommendation.
Unusual return days (last 60 days)
No unusual return days in the last 60 days.
Unusual = at least 3× the 20-day average, at least 2% of the shares on loan and 10,000 shares.
As of Oct 27. Published figures, one trading day behind. They describe lending, not where the price goes; not a recommendation.
Lending data: Financial Services Commission, Korea (Public Data Portal).
Retail margin & forced selling
Margin loans
₩30T
−7.3% in 5 days · 8th percentile of the last year
Forced selling
₩11B
0.4× the 20-day average
Forced-sale share
1.0%
Unpaid settlements
₩1T
Retail stock borrowing ₩21B
Calm under 30, normal to 50, elevated to 70, high above. From today's forced-sale amount vs its 20-day average, the forced-sale share of receivables, where margin loans sit in their 1-year range, and whether they are being cut fast.
Estimates from public margin-lending statistics. Not a prediction or a recommendation.
Technical indicators describe past price and volume patterns. They are not predictions or recommendations.
Also known as: Taekwang Industrial / 태광산업 / 003240 / KRX:003240
Source: KRX statistical information