SK hynix (SKHY) Daily Technical Analysis
SK hynix Inc
South Korean semiconductor company and the world's second-largest memory chip manufacturer. Headquartered in Icheon, South Korea, it specializes in dynamic random-access memory (DRAM) chips, NAND flash memory, and high-bandwidth memory (HBM) essential for artificial intelligence hardware
SKHY Technical Analysis Summary
SK hynix remains in a pronounced intermediate downtrend after failing to reclaim the 50-day moving average near 168. The current decline below the 20-day SMA indicates renewed selling pressure, keeping short-term momentum pointing lower. Unless price can stabilize and defend the 130–134 support zone, further downside toward the lower Bollinger Band near 127 is likely.
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SKHY Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price faced sharp rejection near the 165 resistance and 50-day MA, falling back below the 20-day SMA (149.46) with declining RSI at 42.06.
Long-term Sentiment (weeks to months): Bearish
The stock has established a clear downtrend with lower highs and lower lows since the ~204 peak, sustaining trades below the descending 50-day moving average (168.16).
Report Metadata
- Timeframe: daily
- Generated at: Nov 4, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $132.00 | $130.00 - $134.00 | Moderate | Late October swing low cluster where buyers previously triggered a relief rally. |
| $126.00 | $124.00 - $128.00 | Strong | Confluence of the lower Bollinger Band (127.66) and major August swing lows. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $150.50 | $149.00 - $152.00 | Moderate | Immediate resistance formed by the 20-day SMA (149.46) and recent intraday highs. |
| $166.25 | $164.00 - $168.50 | Strong | Previous swing high rejection area aligned closely with the downward-sloping 50-day SMA (168.16). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Bear Flag / Lower High Rejection | Bearish | $130.00 | Counter-trend retracement from 130 into the 50-day moving average was firmly rejected, resuming the downward trajectory. |
Frequently Asked Questions about SKHY
What is the current sentiment for SKHY?
The short-term sentiment for SKHY is currently Bearish because Price faced sharp rejection near the 165 resistance and 50-day MA, falling back below the 20-day SMA (149.46) with declining RSI at 42.06. The long-term trend is classified as Bearish.
What are the key support levels for SKHY?
StockDips.AI has identified key support levels for SKHY at $132.00 and $126.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is SKHY in a significant dip or a Value Dip right now?
SKHY has a Value Score of 40/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.