Broker Name: Lim & Tan Securities
Date of Report: 26 August 2025
Yangzijiang Shipbuilding (SGD): Technical Analysis Signals Bullish Momentum – Key Levels to Watch for Investors
Introduction: Yangzijiang Shipbuilding (SGD) in Focus
Yangzijiang Shipbuilding (SGD) has recently demonstrated notable price momentum, catching the attention of investors and analysts in the Singapore market. In this comprehensive technical analysis, Lim & Tan Securities provides an in-depth evaluation of the stock’s recent performance and future outlook across short, medium, and long-term horizons.
Short-Term Technical Outlook: Bullish Momentum Drives Upward Price Action
Yangzijiang Shipbuilding (SGD) has shown strong bullish signals over the past weeks. Since the previous technical charting report dated 11 August 2025, the stock price has surged by more than 2.4%, validating earlier bullish forecasts. Several technical indicators continue to support the case for further appreciation:
- Bollinger Bands: Both upper and lower bands are trending upwards, a clear sign that the underlying trend is bullish. The stock appears poised for further upside.
- Relative Strength Index (RSI): The current RSI stands at 63, comfortably below the overbought threshold of 70, indicating additional room for appreciation before any potential pullback.
- Resistance and Support Levels: Near-term upside for the share price is capped at S\$3.08, where the upper Bollinger band currently sits. Downside risk is limited by support at S\$2.87, corresponding to the trend low observed on 25 August 2025.
Term |
Last Done |
Resistance |
Support |
Trend |
Short-Term |
S\$2.95 |
S\$3.08 |
S\$2.87 |
Bullish |
Medium-Term |
S\$2.95 |
S\$3.30 |
S\$2.78 |
Bullish |
Long-Term |
S\$2.95 |
S\$3.40 |
S\$2.70 |
Sideways |
Bollinger Bands and RSI: What Investors Should Note
The Bollinger Bands’ upward movement signals a prevailing bullish sentiment. As long as price action remains within the bands and the RSI stays below 70, investors can expect the uptrend to continue. The technical setup implies that the risk of a near-term pullback is currently limited, although the S\$3.08 resistance should be watched closely for any signs of reversal.
Medium-Term Technical Analysis: Sustained Uptrend Expected
On the weekly chart, Yangzijiang Shipbuilding (SGD) exhibits continued bullishness. The medium-term resistance is set higher at S\$3.30, with support at S\$2.78. This range provides a wider buffer for price movement, suggesting that investors with a medium-term horizon could benefit from potential price appreciation, provided momentum remains intact.
Long-Term Technical Perspective: Sideways Consolidation
The monthly chart, tracking data since 2010, reveals a sideways trend for Yangzijiang Shipbuilding (SGD) over the long term. Resistance is established at S\$3.40, with support at S\$2.70. This suggests that while significant upward momentum may be limited in the long run, the stock is likely to trade within a well-defined range. Long-term investors should be mindful of this consolidation phase, balancing expectations for capital gains with the stock’s historical stability.
Key Takeaways for Investors
- Yangzijiang Shipbuilding (SGD) is displaying robust bullish momentum in the short and medium terms, driven by positive technical signals.
- The RSI and Bollinger Bands indicate room for further price appreciation before any overbought conditions arise.
- Short-term price action is expected to be capped at S\$3.08 with support at S\$2.87, while medium-term and long-term levels provide broader ranges for investors to monitor.
- Long-term consolidation suggests price stability but limits upside potential.
Broker Commentary and Analyst Disclosure
Lim & Tan Securities, a trusted name in Singapore’s financial markets, reiterates its BUY recommendation for Yangzijiang Shipbuilding (SGD) based on current technical analysis. Investors are advised to independently evaluate their investment positions and consult with their financial advisors, as the report is intended for general circulation and does not factor in individual objectives or financial situations.
Conclusion: Strategic Opportunities in Yangzijiang Shipbuilding (SGD)
Yangzijiang Shipbuilding (SGD) presents an attractive technical setup, especially for investors seeking short to medium-term opportunities. With clear resistance and support levels, and momentum indicators signaling further upside potential, the stock stands out as a candidate for portfolio inclusion. However, prudent risk management and continuous monitoring of technical indicators remain essential for optimal investment outcomes.