Lim & Tan Securities
16 July 2025
Seatrium Ltd Technical Analysis: Short-Term Bullish Momentum with Key Resistance and Support Levels
Overview: Bullish Momentum Drives Seatrium Ltd in the Short-Term
Seatrium Ltd has captured investors’ attention with its recent strong price action. According to the latest technical analysis from Lim & Tan Securities, the company’s share price trajectory is showing a bullish outlook for the next one to two weeks. This positive momentum builds on significant gains witnessed since early July, reinforcing optimism among traders and market watchers.
Recent Performance: Strong Upside Since Early July
– Seatrium’s share price jumped over 6.5% since the previous technical report published on 4 July 2025. – The latest analysis indicates continued upside potential driven by prevailing bullish momentum.
Technical Patterns: Ascending Channel Formation Signals Strength
– The share price has been moving within an Ascending Channel pattern since early May 2025. – This pattern is characterized by two parallel, upward-sloping lines, signaling a sustained bullish trend. – The technical chart (Exhibit 1) visually illustrates this channel, underpinning price optimism.
Momentum Indicators: Positive MACD Cross Supports Bullish View
– The MACD (Moving Average Convergence Divergence) chart is emitting a positive signal. – A bullish crossover occurred recently, with the MACD line crossing above the signal line early last week. – This crossover is a classic indicator of potential further upside in share price.
Key Price Levels: Resistance and Support to Watch
| Time Frame |
Resistance |
Support |
Current View |
| Short-Term |
S\$2.37 |
S\$2.12 |
Bullish |
| Medium-Term |
S\$2.45 |
S\$2.05 |
Sideways |
| Long-Term |
S\$2.67 |
S\$1.96 |
Bullish |
- Short-Term View: The upside is capped at S\$2.37, aligning with the trend high on 24 February 2025. If momentum falters, support at S\$2.12 (the low from 15 July 2025) is likely to limit any significant short-term downside.
- Medium-Term Perspective: The stock is expected to trade sideways, with resistance at S\$2.45 and support at S\$2.05.
- Long-Term Outlook: The analysis remains bullish, with key resistance at S\$2.67 and support at S\$1.96.
Chart Insights: Visual Confirmation Across Timeframes
– Daily Chart: Confirms the bullish formation and highlights the Ascending Channel. – Weekly Chart (Since 2021): Indicates a sideways pattern for the medium-term horizon. – Monthly Chart (Since 2016): Demonstrates the broader long-term bullish trend.
Brokerage Recommendation: BUY on Technical Grounds
Lim & Tan Securities recommends a BUY on Seatrium Ltd based on technical analysis. The short-term outlook is especially robust, supported by both chart patterns and momentum indicators. Investors are advised to watch for the S\$2.37 resistance as a key level for profit-taking, while S\$2.12 serves as an important support to manage downside risk.
Important Observations and Considerations
- The bullish crossover in the MACD is a significant confirmation of upward momentum.
- The Ascending Channel formation since May provides structural support for continued gains.
- Traders should monitor the resistance and support levels closely for potential entry or exit points.
- The medium-term scenario suggests a possible period of consolidation before the next major move.
- Long-term investors benefit from the broader bullish trend identified in the monthly chart.
Disclaimer and Analyst Statement
– This report is intended for clients of Lim & Tan Securities. – The research is general in nature and does not take into account individual investment objectives or needs. – Information and opinions are based on sources deemed reliable but are not guaranteed for accuracy or completeness. – Lim & Tan Securities and its employees may have interests in the securities mentioned.
Conclusion: Seatrium Ltd Offers Attractive Short-Term Opportunity
With the technical signals aligning for a bullish short-term move and well-defined support and resistance levels, Seatrium Ltd stands out as a compelling candidate for active traders and investors. As always, investors should remain vigilant, monitoring price action relative to the S\$2.37 resistance and S\$2.12 support, while keeping an eye on broader market conditions and technical signals for any changes in momentum.
