Broker Name: Lim & Tan Securities
Date of Report: 4 July 2025
Seatrium Ltd: Technical Analysis Signals Bullish Momentum Ahead – Should Investors Buy?
Overview: Seatrium Ltd’s Technical Picture Remains Bullish
Seatrium Ltd’s share price has shown promising upward movement recently, with technical indicators suggesting that additional gains may be on the horizon. Lim & Tan Securities has issued a BUY recommendation for Seatrium Ltd, driven by short-term bullish signals and favorable risk-reward dynamics. This comprehensive analysis delves into both the short- and long-term technical outlook for the stock, highlighting key resistance and support levels investors should watch closely.
Short-Term Technical Analysis: Bullish Signals and Near-Term Targets
- Recent Price Performance: Seatrium’s share price has climbed approximately 2.5% so far in July 2025, indicating renewed buying interest and an ongoing bullish bias.
- MACD Indicator: The Moving Average Convergence Divergence (MACD) chart is flashing a strong buy signal. This is evidenced by a recent bullish crossover, where the MACD line (blue) crossed above the signal line (orange) earlier this week. This crossover points to positive price momentum and supports further upside.
- Relative Strength Index (RSI): The RSI is currently at 52, well below the overbought threshold of 70. This suggests there is substantial room for the stock to appreciate further before any significant pullback is likely.
- Near-Term Resistance: The share price is expected to encounter resistance at the S\$2.15 level, which corresponds to the daily high recorded on 27 March 2025.
- Immediate Support: Should negative price momentum emerge, support is seen at S\$2.01, the trend low from 1 July 2025, which could help limit downside risk in the short term.
Key Levels for Seatrium Ltd (Short-Term)
| Last Done |
Resistance |
Support |
| S\$2.06 |
S\$2.15 |
S\$2.01 |
Medium-Term Outlook: Sideways Trend with Defined Boundaries
While the short-term view is bullish, Lim & Tan Securities notes that Seatrium Ltd’s medium-term trajectory appears more neutral, with the stock trading sideways between well-established resistance and support levels.
- Resistance: S\$2.22
- Support: S\$1.95
This range-bound movement suggests that investors should monitor for any breakout above resistance or breakdown below support to gauge the next significant move.
Long-Term Forecast: Structural Bullishness Intact
The long-term technical structure for Seatrium Ltd remains bullish, with the potential for continued appreciation over an extended horizon.
- Key Resistance: S\$2.40
- Key Support: S\$1.87
A sustained move above S$2.22 could set the stage for a test of the S$2.40 resistance, while a drop below S$1.95 may see the stock revisiting the S$1.87 support.
Summary Table: Technical Levels at a Glance
| Term |
Resistance |
Support |
| Short-Term |
S\$2.15 |
S\$2.01 |
| Medium-Term |
S\$2.22 |
S\$1.95 |
| Long-Term |
S\$2.40 |
S\$1.87 |
Chart Highlights: Visualizing the Trend
The daily, weekly, and monthly technical charts for Seatrium Ltd reinforce the analysis above:
- Daily Chart: Illustrates the recent bullish crossover in the MACD and the RSI’s ample room for further gains.
- Weekly Chart: Shows a sideways medium-term trend, with price oscillating between S\$2.22 (resistance) and S\$1.95 (support).
- Monthly Chart: Underscores the bullish long-term structure, highlighting the potential for a move towards S\$2.40 over time.
Conclusion: Buy Recommendation Supported by Technical Signals
Lim & Tan Securities reiterates its BUY recommendation for Seatrium Ltd, with the technical landscape pointing toward further appreciation in the short term. The bullish MACD crossover, favorable RSI reading, and well-defined support/resistance levels create an attractive setup for investors seeking near-term upside. However, those with a medium- or long-term horizon should also monitor broader technical boundaries to manage risk and capture potential long-term gains.
Important Disclosures
This analysis is provided by Lim & Tan Securities and is intended for investors seeking technical perspectives on Seatrium Ltd. The analysis is not personalized investment advice; investors should evaluate their financial situation and consult with an independent adviser before taking action. The information is derived from sources believed to be reliable but is not guaranteed for accuracy or completeness.
Lim & Tan Securities, its analysts, and employees may hold positions in Seatrium Ltd, but as of the date of this report, the analysts responsible do not have a financial interest in the securities discussed.
