161390:KRXHankook Tire & Technology Co., Ltd. Analysis

Hankook Tire & Technology is trading well above its short‑ and medium‑term moving averages, with the 20‑day SMA comfortably under the current price, confirming a bullish momentum. The RSI sits in the low‑to‑mid 60s, indicating strength without yet entering overbought territory, while the MACD histogram remains positive, reinforcing the upward trend. Volume is on an increasing trajectory, supporting the price advance, and the stock trades near the identified support level, offering a margin of safety above the downside barrier. Fundamentally, the forward P/E is low, the dividend yield is attractive, and the DCF fair value estimate is substantially higher than the market price, suggesting a sizable upside.
Recent product launches highlighted in the news, such as the Ventus Z215 and Dynapro R213, showcase the company’s technical capabilities and may bolster demand in both consumer and motorsport segments, further supporting the bullish outlook.