042660:KRXHanwha Ocean Co., Ltd. Analysis

Hanwha Ocean (042660.KS) is trading at 128,400 KRW, comfortably above its 20‑day (119,650 KRW), 50‑day (123,718 KRW) and 200‑day (123,623 KRW) moving averages, while the MACD histogram is strongly positive and the RSI sits at 55.6, indicating modest bullish momentum. The stock sits near a solid support at 100,000 KRW and has upside potential toward the resistance level of 141,900 KRW, with analysts forecasting a mean target of 164,750 KRW – roughly a 28% upside, consistent with the “Extreme Greed” sentiment on the Fear‑Greed Index.
Fundamentally, the company delivers healthy operating (13.7%) and profit margins (11.9%) and a robust ROE of 25.7%, but it carries a high debt‑to‑equity ratio of 91.8, limited free cash flow, and no dividend, which tempers the upside narrative.