Hyundai motor stock forecast technical traders see Hyundai Motor

Technical traders see Hyundai Motor stock forecast aligning with a bullish channel formation, suggesting upside probabilities remain strong so long as volume metrics stay above 20-day averages. This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. The weak stock momentum for the large-cap shares was attributable to heightening trade uncertainties after U.S. President Donald Trump took office in January. He sparked a global trade war by imposing what is widely seen as heavy tariffs on major manufacturing players across the globe. Long-term Hyundai Motor stock forecast remains constructive as brand equity strengthens globally. Recognition in international safety and quality ratings enhances consumer preference and investor confidence.