Nordic Group's Share Price May Break out of Consolidation to Upside -- Market Talk

Dow Jones

01/21

0048 GMT - Nordic Group's share price may break out of its consolidation range to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. In mid-January 2026, the share price has found support upon a retest of the S$0.430 level, the analyst notes. Also, the moving average convergence divergence indicator shows a fresh bullish crossover recently, which supports the bullish view, Aw says. If the share price breaks out of the range between S$0.430 and S$0.465 to the upside, it is likely to extend its uptrend and reach S$0.500, the analyst adds. Shares last closed at S$0.455. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 19:48 ET (00:48 GMT)

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In mid-January 2026, the share price has found support upon a retest of the S$0.430 level, the analyst notes. Also, the moving average convergence divergence indicator shows a fresh bullish crossover recently, which supports the bullish view, Aw says. If the share price breaks out of the range between S$0.430 and S$0.465 to the upside, it is likely to extend its uptrend and reach S$0.500, the analyst adds. Shares last closed at S$0.455. 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In mid-January 2026, the share price has found support upon a retest of the S$0.430 level, the analyst notes. Also, the moving average convergence divergence indicator shows a fresh bullish crossover recently, which supports the bullish view, Aw says. If the share price breaks out of the range between S$0.430 and S$0.465 to the upside, it is likely to extend its uptrend and reach S$0.500, the analyst adds. Shares last closed at S$0.455. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 20, 2026 19:48 ET (00:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MR7.SI","symbol_name":"挪迪克","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605123521","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605123521","pubTimestamp":1768956480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0048 GMT - Nordic Group's share price may break out of its consolidation range to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. In mid-January 2026, the share price has found support upon a retest of the S$0.430 level, the analyst notes. Also, the moving average convergence divergence indicator shows a fresh bullish crossover recently, which supports the bullish view, Aw says. If the share price breaks out of the range between S$0.430 and S$0.465 to the upside, it is likely to extend its uptrend and reach S$0.500, the analyst adds. Shares last closed at S$0.455. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MR7.SI":"挪迪克","BK6045":"建筑与工程","BK6520":"工商业服务概念"},"translate_title":"北欧集团股价可能突破盘整上行——市场议论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MR7.SI":0.9},"content_text":"0048 GMT - Nordic Group's share price may break out of its consolidation range to the upside, based on technical analysis, Phillip Securities Research's Zane Aw says in commentary. In mid-January 2026, the share price has found support upon a retest of the S$0.430 level, the analyst notes. Also, the moving average convergence divergence indicator shows a fresh bullish crossover recently, which supports the bullish view, Aw says. If the share price breaks out of the range between S$0.430 and S$0.465 to the upside, it is likely to extend its uptrend and reach S$0.500, the analyst adds. Shares last closed at S$0.455. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 20, 2026 19:48 ET (00:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}