Ecopro stock forecast short-term Ecopro stock forecast

Short-term Ecopro stock forecast indicates volatility linked to nickel and cobalt price movements. The company’s diversification into cathode materials for Tesla and Hyundai strengthens revenue streams. Current RSI readings near 60 imply moderate bullish sentiment among institutional investors. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. EcoPro BM's cathode manufacturing facilities in Pohang, Korea (Courtesy of EcoPro BM) EcoPro BM Co., the top stock on South Korea’s junior bourse Kosdaq, declined on Wednesday as some brokerage houses have downgraded the shares from buy to hold or sell, forecasting that falling raw materi Ecopro stock forecast shows resilient momentum as the Korean battery materials leader benefits from rising EV demand. Analysts cite recent quarterly earnings growth of 12% YoY, with operating margins improving by 1.8%. Technical charts suggest support at KRW 105,000, with upside potential toward KRW 118,000 if global lithium prices stay firm.