Broker Name: Lim & Tan Securities
Date of Report: 5 August 2025
Seatrium Ltd: Bullish Momentum Signals Near-Term Upside Potential
Overview: Seatrium Ltd Poised for Short-Term Gains
Seatrium Ltd is showing robust price momentum, with technical indicators pointing towards a bullish outlook in the short term. Lim & Tan Securities, in their latest technical charting update, recommend a BUY based on a comprehensive analysis of the company’s chart patterns and momentum signals.
Short-Term Technical Analysis: Bullish Indicators in Play
- Recent Performance: Seatrium’s share price surged approximately 6.4% since the last technical report dated 16 July 2025, confirming the extension of its bullish trend.
- MACD Signals: The Moving Average Convergence Divergence (MACD) chart is emitting strong positive signals. A bullish crossover occurred in early July 2025 when the MACD line crossed above the signal line, suggesting growing upward momentum.
- Relative Strength Index (RSI): The RSI is currently at 60, comfortably below the overbought threshold of 70. This indicates that there is still room for further appreciation before the stock becomes overbought and faces a potential pullback.
- Resistance and Support:
- Resistance: The near-term upside is likely capped at S\$2.46—the level marked by double daily highs on 24 and 28 July 2025.
- Support: Should price momentum turn negative, support is expected at S\$2.25, corresponding with the trend low observed on 4 August 2025.
- Latest Closing Price: S\$2.34
Timeframe |
Trend |
Resistance |
Support |
Short-Term |
Bullish |
S\$2.46 |
S\$2.25 |
Medium-Term |
Sideways |
S\$2.54 |
S\$2.18 |
Long-Term |
Bullish |
S\$2.70 |
S\$2.10 |
Medium-Term Analysis: Sideways Movement Anticipated
The weekly chart, tracking Seatrium Ltd’s price since 2021, reveals a sideways pattern in the medium term. While the short-term momentum remains positive, investors should expect possible consolidation between the resistance at S\$2.54 and support at S\$2.18. This range-bound movement highlights the importance of monitoring price action for potential breakouts or breakdowns over the coming weeks.
Long-Term Analysis: Sustained Bullish Outlook
Looking further ahead, Seatrium Ltd’s monthly chart since 2016 underscores a bullish long-term trajectory. The company’s share price is supported above S\$2.10, with upside potential extending towards S\$2.70. This long-term bullish view is reinforced by strong historical uptrends and the resilience shown in prior consolidations.
Key Technical Insights and Takeaways
- The MACD and RSI indicators both confirm current bullish momentum, with room for further appreciation before overbought territory is reached.
- Short-term resistance stands at S\$2.46, while support is well-defined at S\$2.25, providing traders with clear levels to watch for potential reversals or continuations.
- Medium-term investors should be prepared for potential sideways movement as the stock consolidates gains.
- Long-term investors can take confidence in the overall upward trend, with significant support and resistance levels mapped out for strategic entry and exit points.
Important Disclaimer
The information in this article is intended for general circulation and does not consider the specific investment objectives, financial situation, or needs of any particular investor. Investors are advised to conduct their own research and seek independent financial advice before making investment decisions.
Conclusion: Seatrium Ltd Remains a Promising Bet for Multiple Timeframes
With a confluence of bullish technical signals and well-defined support and resistance levels, Seatrium Ltd stands out as an attractive opportunity for both short-term traders and long-term investors. The current momentum, backed by positive MACD and manageable RSI levels, suggests potential for further upside in the coming weeks. Meanwhile, medium- and long-term charts reinforce the company’s resilience and upward trajectory, making Seatrium Ltd a stock to watch closely in Singapore’s equity markets.