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