SK Hynix stock price forecast: 16-layer HBM4 buzz as 000660 climbs 1.72%

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Sk hynix surges 1.72% to ₩738,500

Highlights

SK Hynix unveiled its 16-layer 48GB HBM4 memory at CES 2026, reinforcing its technological leadership in high-bandwidth memory for AI applications.
SK Hynix's market capitalization now exceeds the combined total of all KOSDAQ-listed stocks, highlighting its dominant industry position.
Investor focus on SK Hynix intensifies amid the company's accelerating momentum in the AI memory chip sector and growing attention to shareholder returns.

Market dominance grows as AI chip launch drives investor optimism

SK Hynix announced the unveiling of its new 16-layer 48GB HBM4 memory at CES 2026, showcasing its leadership in high-bandwidth memory development for AI applications. The company's market capitalization exceeded the combined market capitalization of all listed stocks on the KOSDAQ market, underlining its dominant industry position. This comes as SK Hynix continues to highlight significant momentum in the AI memory chip sector, further supported by public attention on shareholder returns.

Overbought signals intensify as momentum and volatility accelerate

The current price of ₩738,500 remains significantly above the MA-20 (₩594,150), MA-50 (₩575,260), and MA-200 (₩339,227), confirming strong bullish trends across short, medium, and long-term timeframes. The nearest dynamic support is now the Ichimoku Kijun at ₩626,000, while resistance is likely around the MA-50 or the psychological level near ₩750,000. Momentum remains robust, with the MACD and ADX both supporting continued upside, while the RSI at 77.91 and Stochastic RSI at 100 indicate pronounced overbought conditions. The CCI is also in overbought territory, and the Bull/Bear Power confirms buyers are dominating, with the Awesome Oscillator further supporting bullish momentum. Today’s session opened with a noticeable gap up from the previous close, and the current price sits close to the upper end of the trading range, reflecting high intraday volatility and persistent strength toward session highs.

Bullish breakout likely as price consolidates in narrow volatility band

For the coming week, the price is expected to fluctuate between ₩725,000 and ₩775,000, forming a volatility band relative to current levels. Probability of a further price increase remains very high (more than 80%), while a decline is less likely in the short term. The baseline scenario sees SK Hynix consolidating within this corridor, with a bullish break above ₩775,000 potentially triggering more buying and a move below ₩725,000 risking a short-term pullback.

Viktoras Karapetjanc, Traders Union expert, sees SK Hynix’s breakout supported by both strong market fundamentals and positive sentiment from its innovation focus. He notes that robust momentum, clear leadership in AI memory, and outsized investor attention signal a high conviction trend. Price is well above key moving averages, and a further rally above ₩775,000 could spark more buying. "Market strength is undeniable — as long as SK Hynix stays above ₩725,000, I expect buyers to remain in control."

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Source of Data: 000660 Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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