Nongshim농심
004370 · KOSPI · ₩004370 · 농심
Technical gauge
After the close on Oct 28, 2026Short term
Bearish
0 bullish, 3 neutral, 6 bearish
Medium term
Leaning bearish
2 bullish, 1 neutral, 5 bearish
What the indicators say
Nongshim's recent indicators point to a bearish short-term picture, with the close at 389,500 won sitting below its 5-day average of 395,500 won and 20-day average of 401,325 won, and the stock trading below the Ichimoku cloud. The RSI of 40.3 and stochastic %K of 15.9 indicate weak momentum, while MACD (-2,923.4) remains below its signal line (-1,904.4) with a negative histogram. Medium-term readings are leaning bearish as well, with the 60-day average at 408,991.7 won above the price and a 20-day disparity of 97.1, though the 120-day average at 388,179.2 won and the 200-day average at 392,627.5 won sit near current levels. Traders typically watch support at 386,500 won and resistance at 391,500 won, with the Bollinger middle band at 401,325 won.
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- Planned entry
- ₩385,500
- Trailing STOP
- ₩411,500
- TPs
- ₩372,500₩359,500₩340,500₩321,000₩282,000
- DCA
- ₩392,000₩398,500₩405,000
Recent events
- Oct 22Ready to SHORT 🔽 · Nongshim · Entry: 386,500 · 1D
- Oct 19Ready to LONG 🔼 · Nongshim · Entry: 422,000 · 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
2026-10-28O 389,500H 394,500L 385,500C 389,500
Every indicator, chart overlays and the stock's recent technical events, with Pro.Unlock with Pro →
Indicators
- Moving averagesPrice above 1 of 5 averages5d ₩395,500 · 20d ₩401,325 · 60d ₩408,992 · 120d ₩388,179 · 200d ₩392,628Price 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 momentum40.3Measures 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-2,923 · signal -1,904 · histogram -1,019The 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₩388,742 – ₩401,325 – ₩413,908 · width 6.3%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 trading1.00×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
- 260.3K
- 4.3% of listed shares
- Loans, 5-day change
- +3.2%
- Loans, 20-day change
- −2.6%
- Returned, last 5 days
- 11.5K
- New loans, last 5 days
- 19.6K
- Short balance vs loans
- 17.2%
- 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
- −2.1 pts
- Foreign share, 20 days
- —
- Foreign borrowing, 5 days
- −0.3%
As of Oct 28. 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)
| Day | Returned | Of the loans | Vs usual |
|---|---|---|---|
| Oct 7 | 17.3K | 6.5% | 3.5× |
| Sep 28 | 25.3K | 8.9% | 5.3× |
| Aug 25 | 68K | 20.8% | 7.8× |
| Aug 24 | 38.9K | 11.9% | 5.6× |
| Aug 20 | 37.5K | 10.3% | 7.2× |
| Aug 10 | 22.2K | 6.5% | 4× |
Unusual = at least 3× the 20-day average, at least 2% of the shares on loan and 10,000 shares.
As of Oct 28. 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: Nongshim / 농심 / 004370 / KRX:004370
Source: KRX statistical information