As of Wed, Oct 14, 2026, after the Korean market close · FADU at the Oct 14 close, Sandisk at the Oct 13 (US) close · Prices and indicators calculated directly from Naver Finance and Yahoo Finance daily bars · Units are KRW bn for FADU and US dollars for Sandisk unless noted · USD/KRW 1,338 · Update of the Oct 13 report
1 FADU's change is based on the Korea Exchange regular-session daily bar (Oct 13 close KRW 73,000 → Oct 14 close KRW 66,300, −KRW 6,700, −9.18%). The Naver quote screen shows −KRW 5,100 (−7.14%) because its prior-day reference price is KRW 71,400, which differs from the regular-session close (KRW 73,000). The same gap appears in Naver's investor-type trading data on every trading day since Sep 28 (for example, Oct 13: Naver −KRW 3,900 vs daily bar −KRW 3,600), while through Sep 23 it matches the daily-bar closes. We could not determine why the reference price differs. All other FADU indicators (5-day change, moving averages, RSI and so on) are calculated from regular-session daily bars. FADU's estimated P/E is 66,300 ÷ KRW 1,088 (26E EPS) = 60.9x (the Naver screen shows N/A for estimated P/E after the close).
Sandisk was spun off from Western Digital and listed in February 2025, so its trading history is short. Market cap is calculated as 145,327,682 listed shares × closing price. Sandisk's intraday US quote on Oct 14 (about $1,431, down in the 3% range) is an unconfirmed value after the reference time and is not reflected in the figures. FADU's trading was suspended from Dec 19, 2025 to Feb 2, 2026 during the Korea Exchange's listing-eligibility review; daily bars for that period are filled with the last close. The 52-week low and high, candles, volume and RSI(14) use the latest 245 trading days of daily data.
Both are grouped under the "NAND/SSD" theme, but they do different things. Sandisk is a manufacturer that makes NAND chips itself. FADU is a fabless company that designs the controller, the brain of an SSD.
| Item | Sandisk | FADU |
|---|---|---|
| Core products | NAND flash (BiCS), enterprise and consumer SSDs, memory cards, USB drives | Data-center SSD controllers and SSD modules built around them |
| Business model | Manufacturer. Profit rises directly when NAND prices rise | Fabless (design only). Production is outsourced to foundries |
| Main customers | Hyperscalers, PC and smartphone makers, retail distribution | US big tech such as Meta and Google, new server OEMs |
| Current growth driver | Surging NAND prices; data-center revenue (+103% quarter on quarter last quarter) | Revenue ramp from the 2nd and 3rd hyperscalers; PCIe Gen6 controller |
| Latest quarterly revenue | $8.97 bn (FY26 Q4, to ~Jul 3) | KRW 73.2 bn (Q2 2026) |
| Latest quarterly operating profit | $7.04 bn (margin 78.5%) | KRW 16.2 bn (margin 22.2%) |
In Sandisk's numbers, clearly yes. The catch is that two-thirds of the revenue increase came from price, which cuts both ways.
Sandisk went from losses right after its spin-off to a company with $12.5 bn of operating profit in a year. FADU, after three straight loss-making years, is aiming for its first annual profit in 2026. Figures beyond the latest results are broker estimates.
| Year | Type | Sandisk revenue ($B) | Sandisk operating profit ($B) | FADU revenue (KRW bn) | FADU operating profit (KRW bn) | Backdrop |
|---|---|---|---|---|---|---|
| 2023 | Actual | 6.09 | −1.30 | 22.5 | −58.6 | NAND downturn; FADU revenue collapsed right after its IPO |
| 2024 | Actual | 6.66 | −0.44 | 43.5 | −95.0 | Early NAND recovery; FADU losses widened |
| 2025 | Actual | 7.36 | 0.51 | 92.4 | −65.5 | Sandisk spun off; FADU revenue doubled |
| 2026 | FY actual / estimate | 20.25 FY26 actual | 12.47 FY26 actual | 392.4 Estimate | 92.9 Eugene 99.8 | NAND price surge; FADU turns profitable |
| 2027 | Estimate | 49.14 Range 43.4-53.2 | 39.11 | — | — | Sandisk FY27 (Jul 2026-Jun 2027) |
Sandisk's fiscal year ends in June, so the "2026" row is FY2026 (Jul 2025-Jun 2026) actuals. Operating profit is GAAP, and FY27E is S&P Global consensus (updated Oct 9). FADU's 2026 estimate is Naver Finance consensus (generated Oct 13); 2027 consensus was not available in this pull. Neither consensus has changed since yesterday's report.
| Date | Event | Implication |
|---|---|---|
| Dec 19, 2025 | FADU trading suspended pending a listing-eligibility review | Linked to an indictment over alleged revenue inflation at the time of the IPO |
| Feb 3, 2026 | FADU trading resumed | Passed the exchange review. Trial is ongoing |
| Q1 and Q2 2026 | FADU turns profitable (operating profit KRW 7.7 bn → 16.2 bn) | First profitable quarters since the IPO |
| Aug 5, 2026 | Sandisk FY26 Q4 results beat guidance | Shares fell after hours despite strong results. Expectations were high |
| Sep 23, 2026 | Eugene Investment & Securities raises FADU target price from KRW 100,000 to KRW 110,000 | New orders disclosed this year total over KRW 340 bn |
| Oct 12, 2026 | CXMT announces server memory plans; Sandisk −5.97% | Memory stocks weak together |
| Oct 13, 2026 | KOSPI −5.46% (6,035.35); foreigners net sold KRW 4.5 tn. Sandisk −0.34% | CXMT news and the AI profitability debate coincided. Sidecar (program-trading halt) triggered |
| Oct 14, 2026 | FADU −9.18% (KRW 73,000 → 66,300), KOSDAQ −1.57%, KOSPI −0.44% (6th straight decline) | Reports of CXMT's 4F² server DRAM launch later this year; profit-taking after ASML's strong Q3. No FADU-specific negative news found |
The CXMT news concerns DRAM and does not directly target NAND. A Korean expert assessed that mass-production yields are unproven, and Mizuho said it "changes nothing in the short term." It reaches Sandisk and FADU through memory-sector sentiment. This research found no new company-specific news on Sandisk or NAND prices between Oct 13 and Oct 14.
In the same NAND boom, Sandisk is the one that "gets the price" and FADU is the one that "follows the volume." That difference shows up in margins and in share-price volatility.
| Item | Sandisk | FADU | Interpretation |
|---|---|---|---|
| Effect of higher NAND prices | Direct beneficiary | Indirect (+/−) | FADU: more controller demand (+), higher module costs (−) |
| Latest quarterly gross margin | 84.6% | — | Sandisk jumped from 26.4% a year earlier |
| Latest quarterly operating margin | 78.5% | 22.2% | FADU is improving from 12.9% in Q1 |
| Revenue growth (year on year) | +372% | +209% | Both grew 3-5x |
| Debt ratio | — | 200.7% | FADU improved from 518% at end-2025. Thin equity |
| Impact if prices fall | Large | Medium | Sandisk's profit tracks NAND prices almost one for one |
| Item | Amount | Meaning |
|---|---|---|
| Sandisk market cap | $215.4 bn (about KRW 288 tn) | About 5.5x FY27E operating profit of $39.1 bn |
| FADU market cap | About KRW 3.32 tn | About 36x 2026E operating profit of KRW 92.9 bn |
| FADU H2 operating profit, annualized | About KRW 138 bn | (Q3 KRW 33.7 bn + Q4 KRW 35.3 bn) × 2. Market cap is about 24x that |
| Market cap ratio of the two | About 87 : 1 | The operating profit ratio (FY27E $39.1 bn vs 26E KRW 92.9 bn) is about 563 : 1 |
Converted at USD/KRW 1,338 (Oct 14 daytime close, per Yonhap News TV). Sandisk market cap $215.4 bn = 145,327,682 shares × $1,482.33 = $215.42 bn; × KRW 1,338 ≈ KRW 288.2 tn. FADU's annualized H2 figure is a simple extension of consensus, used to gauge growth potential, not a forecast.
This report was written without a separate AI conversation log, so the original report's cross-check chapter has been recast as "commonly cited claims vs. the data."
| Issue | Common claim | Counter-claim | Check result |
|---|---|---|---|
| Sandisk at 7x P/E | "Too cheap relative to earnings" | "P/E is lowest at the cycle peak" | Both have merit. A company that was loss-making around the spin-off reaching a 78% operating margin in a year is itself the power of the price cycle. Whether FY28 profit persists is the key |
| Sandisk's identity | "A consumer brand that sells memory cards" | — | Data-center revenue doubled in one quarter to about 33% of the total. No longer a consumer-centered company |
| FADU credibility | "A company that defrauded the IPO market" | "It has already cleaned up and normalized" | The indictment and trial are facts and ongoing. It passed the exchange review and resumed trading on Feb 3. Profitable since Q1. Business substance is being confirmed through earnings; legal risk is unresolved |
| FADU valuation | "61x P/E is a bubble" | "Cheap on second-half profit" | 60.9x on 2026E; market cap is about 24x annualized H2 operating profit. "Cheap" assumes growth continues |
| FADU Q2 net loss | "The turn to profit is an illusion" | — | Q2 operating profit was +KRW 16.2 bn, yet net loss was −KRW 60.1 bn. Large losses arose outside operations (presumed valuation losses on financial instruments tied to the share-price rise; the quarterly report needs checking). The core business is indeed profitable, but net profit is highly volatile |
| Chart (technical) | "The September surge was a trend reversal" | "A double top near the prior high" | As of Oct 14, FADU is below its 20-, 60- and 120-day MAs and above the 200-day; Sandisk is the same. FADU has given up both September base candle opens. Analyzed with actual data in Chapter 7 |
Items confirmed from filings, broker reports and price data.
Sandisk's price is low relative to earnings, at a cycle-peak level; FADU's earnings are still small, so its price assumes continued growth. "Cheap" and "expensive" mean opposite things for the two stocks.
| Metric | Sandisk | FADU | How to read it |
|---|---|---|---|
| Current price | $1,482.33 | KRW 66,300 | |
| Market cap | $215.4 bn | KRW 3.32 tn | |
| P/E (trailing 4 quarters) | 20.3x | Loss | Based on Sandisk EPS of $73.00. FADU's trailing-4-quarter EPS is −KRW 1,985 because of the Q2 net loss |
| P/E (next fiscal year / this year, estimated) | 6.9x | 60.9x | $1,482.33 ÷ $214.82 (FY27E, adjusted) / 66,300 ÷ KRW 1,088 (26E) |
| P/E (Sandisk FY28E) | 5.6x | — | EPS $266.30 |
| P/B | 13.8x | 52.0x | BPS $107.78 / KRW 1,275 |
| ROE (2026 estimate) | — | 77.8% | FADU's equity is small, so ROE comes out large |
| Dividend | None | None | |
| Average broker target price | $2,173 | KRW 120,000 | +47% / +81% vs. current price |
| Stock · scenario | P/E applied | Based on estimated EPS | If EPS falls 30% | Premise |
|---|---|---|---|---|
| Sandisk · conservative | 5x | About $1,074 | About $752 | FY27E EPS $214.82. NAND prices judged to have peaked |
| Sandisk · neutral | 7x | About $1,504 | About $1,053 | Current multiple maintained |
| Sandisk · optimistic | 9x | About $1,933 | About $1,353 | Long-term contracts earn credit for earnings stability |
| FADU · conservative | 40x | About KRW 43,500 | About KRW 30,500 | 26E EPS KRW 1,088. Growth slows |
| FADU · neutral | 60x | About KRW 65,300 | About KRW 45,700 | Average for high-growth fabless firms |
| FADU · optimistic | 80x | About KRW 87,000 | About KRW 60,900 | Conviction that high growth continues in 2027 |
This table is not a forecast; it shows what assumptions the price rests on. Sandisk's $1,482 is near "EPS unchanged · 7x P/E," and FADU's KRW 66,300 is near "2026E EPS · 60x P/E" (yesterday it was between 60x and 80x). FADU's price is still one that requires profit to grow sharply in 2027 to be justified.
We calculated directly from one year of daily bars. Both stocks follow the same path: a May-June peak, a late-July plunge, a September rebound and an October re-correction. Sandisk sits just above the lower Bollinger Band; FADU gave up its 60-day MA on Oct 14 and dropped to just above its 200-day MA.
| Indicator | Sandisk | FADU | Interpretation |
|---|---|---|---|
| Current price | 1,482.33 | 66,300 | |
| 20-day MA | 1,691.80 Below | 74,210 Below | Both have broken their short-term trend |
| 60-day MA | 1,550.01 Below | 68,188 Below | FADU lost the 60-day MA it had held through yesterday on Oct 14 (yesterday's close: KRW 73,000) |
| 120-day MA | 1,588.43 Below | 79,574 Below | Both are pressed down by the 120-day MA from above |
| 200-day MA | 1,193.90 Above | 64,298 Above | Long-term trend intact. FADU's distance to the 200-day MA narrowed to 3.1% |
| RSI(14) | 38.3 | 42.4 | Down from 48.7 and 63.8 five trading days ago. Not oversold |
| MACD histogram | −36.43 | −1,280 | Weakness widening in both (previous day −32.60, −352) |
| Bollinger Bands (lower to upper) | 1,474.59 ~ 1,909.02 | 54,283 ~ 94,137 | Sandisk is just above the lower band (0.5%); FADU is below the midline |
| From 52-week high | −37.0% | −48.8% | |
| 60-day annualized volatility | 107% | 122% | Daily moves of 6-10% are common |
| FADU foreign ownership ratio | Jul 15 | Sep 10 (20 trading days ago) | Now | Foreign net trading, last 5 trading days (shares) | Institutions, last 5 trading days (shares) | 20-day cumulative (foreign / institutions) |
|---|---|---|---|---|---|---|
| FADU | 27.91% | 26.25% | 25.69% | +61,523 / +12,180 / +93,295 / +183,931 / +826 | −35,310 / +35,168 / −31,311 / −105,295 / −76,995 | −681,922 / +767,000 |
Net trading is listed in the order Oct 7, Oct 8, Oct 12, Oct 13, Oct 14 (the market was closed Oct 9). Jul 15 is the first day of the 60 trading days of data available. FADU's foreign ownership ratio fell 2.2 percentage points over three months. Foreigners kept net buying over the last 5 trading days, but Oct 14 was effectively neutral at +826 shares, and institutions turned to net selling of 76,995 shares that day, so their 20-day cumulative net buying shrank from 2.17 million shares in yesterday's report to 0.77 million. Retail investors net bought 77,980 shares the same day. Oct 14 volume of 454,314 shares was about 85% of the 20-day average (about 0.53 million), so the decline came on light trading rather than heavy panic selling. Sandisk is a US stock with no data in the same format, so we use volume instead. Its 20-day average of 8.54 million shares is below its 60-day average (12.34 million), suggesting a correction on shrinking volume rather than panic selling. Across the KOSPI market, foreigners net sold KRW 1.18 tn on Oct 14 (KRW 1,181.4 bn), a seventh straight day of net selling.
Interest rates are staying high in the 5% range. That is least favorable for high-multiple growth stocks like FADU, whose profits are concentrated in the distant future, while Sandisk is directly tied to memory-sector sentiment.
| Indicator | Level | Implication |
|---|---|---|
| KOSDAQ (Oct 14 close) | 823.88 | −1.57%. −33% from the April high of 1,229; 1.1% above the 60-day MA (815). −10.4% over 5 trading days |
| KOSPI (Oct 14 close) | 6,008.81 | −0.44% (Oct 13: −5.46%), 6th straight decline; foreigners net sold KRW 1.18 tn |
| SOX index (Oct 13) | 12,208.79 | −0.23% (Oct 12: −2.67%). −7.6% over 5 trading days. Oct 14 intraday 11,922 (about −2.3%) is unconfirmed |
| US 10-year Treasury | 5.22% | Oct 13 close (Yahoo ^TNX 5.217%). Hit the 5.36% range intraday on Oct 7, the highest since the early 2000s. Oct 14 intraday 5.26% (unconfirmed) |
| US Fed policy rate | 3.75-4.00% | First hike in three years on Sep 16. US September CPI due Oct 14 (US time; result not confirmed), FOMC on Oct 28 |
| Bank of Korea policy rate | 3.00% | Raised in both July and August. Oct 22 rate decision (forecasts are split on an October hike) |
| USD/KRW | KRW 1,338 | Oct 14 daytime close (Oct 13: 1,345.1). FADU has a large share of dollar revenue, so a lower rate reduces its won-denominated results |
| NAND prices | About +100% in H1 | TrendForce; Q3 forecast +10-15% (rise is slowing; secondary report, original not verified) |
Scored on five axes. The scores are the analyst's judgment based on the data in this report. The only change from yesterday is FADU's chart score (3 → 2).
| Axis | Sandisk | FADU | Rationale |
|---|---|---|---|
| Earnings direction | Very positive | Positive | Sandisk beat guidance last quarter. FADU is in its second profitable quarter, with profit concentrated in the second half |
| Valuation | Cheap | Stretched | FY27E P/E 6.9x vs. 26E P/E 60.9x |
| Chart | Weak | Weak | Sandisk broke the 20-, 60- and 120-day MAs. FADU broke the 60-day MA, closed below both September base candle opens, and is 3% above the 200-day MA |
| Flows | Weak | Neutral | Sandisk: memory stocks sold off together. FADU: foreign net buying over 5 days (neutral on Oct 14) and institutional net buying over 20 days, but institutions net sold on Oct 14 |
| Macro & market | Weak | Weak | Rate-hike cycle, worsening memory-sector sentiment, KOSPI down six straight sessions |
| Total (out of 25) | 15 | 12 | FADU also requires weighing trial risk separately |
| What to check | Positive signal | Negative signal | Timing |
|---|---|---|---|
| Market stability | KOSDAQ holds above its 60-day MA (about 815); SOX holds its 60-day MA (about 12,017) | KOSDAQ breaks 800; SOX breaks 11,555 (61.8% retracement) | This week |
| Sandisk support | Support at $1,400-1,455 (50% retracement, this week's low), then recovery of $1,550 (60-day MA) | Close below $1,400 | Within days |
| FADU support | Support at KRW 63,300-65,200 (61.8%, 200-day MA), then recovery of KRW 68,200 (60-day MA) | Close below KRW 63,300 → KRW 56,500-60,500 range | Within days |
| Rate events | No further hike signals from US CPI, the Bank of Korea or the FOMC; US 10-year below 5% | CPI above expectations, further hike or hike signal | Oct 14 (CPI), Oct 22, Oct 28 |
| Memory sector | SK hynix's Oct 28 Q3 results confirm NAND and memory demand | Renewed worry about Chinese catch-up, continued foreign net selling | Oct 28 |
| Sandisk earnings | Revenue of $10.5 bn or more, comment that price increases continue next quarter, more long-term contracts | Slower price increases, mention of rising inventory | Oct 29 |
| FADU earnings | Q3 operating profit of KRW 33 bn or more, new-customer revenue confirmed | Below estimates, shipments deferred | Nov 12 |
| FADU trial | Reduced management risk | Trial continues and IPO-related issues resurface | Ongoing |
Both stocks have annual volatility above 100%, so daily moves of 6-10% can occur (FADU −9.18% on Oct 14), and the analysis calls for position review that takes that range into account. For FADU, the possibility of a limit-down day from a stock-specific legal event is also worth considering.
US CPI, two rate decisions and both companies' earnings all arrive within a month. Waiting for them may mean missing part of an early rebound, but the reading can then be made with the largest uncertainties resolved.
The earnings logic is intact. However, the areas near $1,400 for Sandisk and KRW 63,300 for FADU are the lower edges of their respective Support 1 zones, which makes them price levels for position review.
For both stocks, three support zones below the current price are identified as candidates. They were chosen where moving averages, retracement levels, high-volume candles and volume-by-price clusters overlap on the daily, weekly and monthly charts. FADU's Support 1 from yesterday (KRW 67,500-69,000) was already broken by the Oct 14 close, so all three zones were re-set lower.
| Stock | Current price | Support 1 | Support 2 | Support 3 | Trend-break level |
|---|---|---|---|---|---|
| Sandisk | $1,482.33 | $1,400~1,455 about −2 to −6% | $1,280~1,345 about −9 to −14% | $1,090~1,190 about −20 to −26% | Close below $1,000 |
| FADU | 66,300 | 63,300~65,200 about −2 to −5% | 56,500~60,500 about −9 to −15% | 53,000~55,000 about −17 to −20% | Close below 46,950 |
Indicators are calculated from all daily bars since listing (Sandisk about 417 trading days, FADU 772), and the weekly and monthly bars are built by aggregating the daily bars. Sandisk's short history means the 444- and 448-day MAs do not exist yet. FADU's suspension period is filled with the last close, so its moving averages run flat through it. Sandisk's zones are nearly the same as yesterday's (only the bottom of Support 1 changed, $1,415 → $1,400). For FADU, price areas similar to yesterday's Support 2 and 3 move up one slot to become Support 1 and 2 (ranges slightly adjusted with this run's indicators), and Support 3 is new.
| Indicator | Value | Versus current price ($1,482.33) |
|---|---|---|
| 20-day / 60-day MA | 1,691.80 / 1,550.01 | Both above the price |
| 122-day MA (Dante's 112-day) | 1,577.82 (1,625.11) | Above the price |
| 200-day MA | 1,193.90 | Below the price. Gap +24% |
| 244-day MA (Dante's 224-day) | 1,018.43 (1,089.51) | Below the price. Rising (+14% over 20 days) |
| 444-day MA (Dante's 448-day) | — | Cannot be calculated: listing history too short |
| RSI(14) daily / weekly / monthly | 38 / 51 / 64 | Not oversold |
| Weekly 10 / 20 / 60-week MA | 1,644.93 / 1,657.17 / 901.60 | Below the 10- and 20-week MAs |
| Monthly 5-month / 20-month MA | 1,655.50 / 697.31 | Below the 5-month MA |
| 20-day average volume | About 8.54 million shares | Down from the 60-day average of 12.34 million |
| Zone | Price range | Overlapping rationale |
|---|---|---|
| Support 1 | $1,400~1,455 | 50% retracement (1,453.83) of the rebound since the July low (998.19 → 1,909.48) · this week's low (1,401.01) · low of the week of Aug 24 (1,416.56) · low 1,449.50 of the Aug 31 high-volume bullish candle (23.38 million shares) · bottom of the $1,454-1,530 volume cluster, which holds 18.6% of rebound-period trading |
| Support 2 | $1,280~1,345 | 61.8% retracement (1,346.30) · open 1,339.83 of the Aug 13 high-volume bullish candle (22.09 million shares) · the $1,226-1,302 volume cluster, which holds 17.7% of rebound-period trading |
| Support 3 | $1,090~1,190 | 200-day MA (1,193.90) · open 1,135.01 of the Jul 30 high-volume bullish candle (24.40 million shares) · Dante's 224-day MA (1,089.51) |
| Dante accumulation/breakdown signal | This stock | Interpretation |
|---|---|---|
| Bowl pattern position | +1,036% from the 1-year low, 36.1% above the 224-day MA, 8.8% below the 112-day MA | Correction after a sharp rise. The 112-day MA is already lost; the next support for the "dead-cross pullback" technique (Dante's pullback-to-long-MA method) is the 224-day MA ($1,090) |
| Base candle (accumulation candle) | Jan 6, 2026 (open $288.74, 3.2x) · Jan 9 (open $341.60, 2.0x) | Both still hold, but at about 20% of the current price they are meaningless as support zones |
| Base candles in last 150 trading days | None | The rise since February proceeded without large high-volume bullish candles |
| Suspected breakdown candle | Jan 30 long bearish candle ($651 → $576, 2.6x) and 3 others, 4 in total | High-volume bearish candles repeatedly appeared near highs during the climb, meaning shares changed hands often |
| Time correction below the 224-day MA | None since listing (Feb 2025) | Bowl pattern cannot be assessed |
| Recent volume | 10-day average is 63% of the 60-day average | Volume has dropped sharply in the correction. More wait-and-see than panic selling |
| Indicator | Value | Versus current price (66,300) |
|---|---|---|
| 20-day / 60-day MA | 74,210 / 68,188 | Both above the price |
| 122-day MA (Dante's 112-day) | 79,234 (80,621) | Above the price |
| 200-day MA | 64,298 | Below the price. Gap +3.1% |
| 244-day MA (Dante's 224-day) | 57,107 (60,063) | Below the price. Rising (+8% over 20 days) |
| 444-day MA (Dante's 448-day) | 37,559 (37,355) | Below the price |
| RSI(14) daily / weekly / monthly | 42 / 48 / 56 | Neutral to leaning weak |
| Weekly 10 / 20 / 60-week MA | 70,510 / 75,605 / 53,589 | Below the 10- and 20-week MAs |
| Monthly 5-month / 20-month MA | 73,060 / 42,538 | Below the 5-month MA |
| 20-day average volume | About 0.53 million shares | Similar to the 60-day average of 0.55 million. Oct 14 volume was 0.454 million shares |
| Zone | Price range | Overlapping rationale |
|---|---|---|
| Support 1 | 63,300~65,200 | 61.8% retracement (63,662) · 200-day MA (64,298) · September monthly open (64,700, also matching the Oct 14 intraday low) · the price band with the most volume since the July low (61,533-65,179, 26.7%) |
| Support 2 | 56,500~60,500 | Dante's 224-day MA (60,063) · 244-day MA (57,107) · Sep 16 low (56,800, low of the week of Sep 14) and low of the week of Aug 10 (56,600) · the 57,888-61,533 volume cluster (9.8%) |
| Support 3 | 53,000~55,000 | 60-week MA (53,589) · low of the week of Aug 3 (54,700). Only two rationales, and the volume cluster below is thin |
| Dante accumulation/breakdown signal | This stock | Interpretation |
|---|---|---|
| Bowl pattern position | +216% from the 1-year low, 10.4% above the 224-day MA, 17.8% below the 112-day MA | Correction after a sharp rise (the "dead-cross pullback" zone). The distance to the 224-day MA has narrowed to less than half of yesterday's (21.9%) |
| Past bowl pattern | 126 trading days below the 224-day MA (Feb-Aug 2025) | Sideways near the lows before the suspension. A price range of 86% makes it not a typical sideways pattern |
| Base candle ① Sep 10 | Open 72,900, low 67,400, volume 4.4x | Starting point of the September rebound. The Oct 14 close (KRW 66,300) is below not only the open but also the low (KRW 67,400). By the Dante technique this is read as a breakdown signal for this base candle |
| Base candle ② Sep 23 | Open 75,700, volume 3.0x | Closed below the open on Oct 13 and did not recover on Oct 14. By the Dante technique this is read as a breakdown signal |
| Volume dry-up after the high-volume candle | 10-day volume after Sep 10 was 26% of the base candle | Fit an accumulation-type pattern, but its meaning weakened as price fell below the open |
| Suspected breakdown candle | May 26 long bearish candle (128,600 → 116,800, 2.1x) | A breakdown signal near the May high. It was followed by a 64% decline in June-July |
| Recent volume | 10-day average is 100% of the 60-day average | Volume is not drying up (106% yesterday). Selling is still being absorbed |
| Item | What a pullback could look like | What a breakdown looks like |
|---|---|---|
| Volume | Arrives with volume below the 20-day average (Sandisk about 8.54 million shares, FADU about 0.53 million) | Breaks the bottom of the zone on volume well above average |
| RSI | Daily RSI falls into the 30s, then rebounds | Weekly RSI drops below 40, signaling a weakening trend |
| Candle shape | A long lower-wick candle or long bullish candle inside the zone | Closes form below the zone for two or more days |
| Market | Stabilizes near the KOSDAQ 60-day MA (about 815) and SOX 60-day MA (about 12,017) | Further sharp index decline. Individual supports break easily when indices plunge |