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SKM — 20-Day Breakout with Volume
Status: Invalidated
Scanner score: 55.0/100
Why this was flagged
SKM was identified as a bullish technical setup based on the 20-Day Breakout with Volume pattern. The scanner found a score of 55.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest daily-chart analysis no longer reports a bullish long setup.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
The scanner found SK Telecom Co Ltd (SKM) because it had a "20-Day Breakout with Volume." This means the price moved above the highest point it reached in the last 20 days. When this happens, it often shows new strength. The scanner also saw that more people are trading the stock than usual. The relative volume is 1.72, which means trading activity is much higher than its recent average. Additionally, a tool called RSI shows the stock has good momentum without being too overextended.
What the price plan means
The entry zone is between 35.2 and 35.59. This is the price range where the setup is active. There are two target prices: 39.89 and 42.23. These are levels the scanner is watching for potential movement. To manage risk, there is a stop-loss at 32.85. A stop-loss is an automatic instruction to exit a position if the price drops too low. The reward-to-risk ratio is 2, which means the planned profit goal is twice as large as the amount of money put at risk.
What could make the idea fail
The setup might not work if the price falls below the stop-loss level of 32.85. If the stock does not stay above its recent high or if trading volume drops significantly, the pattern may break.
Important reminder
This information is for educational purposes only and is based on technical patterns.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Caution (High confidence)
SK Telecom is actively expanding its artificial intelligence footprint through the establishment of a new AI data center subsidiary, SK Hyper, and partnerships involving AI-integrated wearable devices. The company also launched an AI startup development program and recently declared a Q2 cash dividend. While the stock experienced a significant surge in call option trading volume and surpassed recent EPS expectations, market sentiment is mixed. Wall Street analysts maintain a consensus rating of "Reduce," with more "Hold" ratings than "Buy," and previous revenue slightly missed estimates.
Potentially supportive context
- Establishing a new AI data center subsidiary, SK Hyper, with 100% ownership stake.
- Declared a Q2 cash dividend of 830 Won per share with a record date of August 31, 2026.
- Experienced a 171% increase in call option trading volume and surpassed recent EPS expectations.
Risks and caution items
- Analyst consensus rating for the stock remains at "Reduce."
- Recent revenue was reported slightly below estimates.
- Mixed institutional activity, including a 40.7% reduction in stake by Allspring Global Investments Holdings LLC.
- Technical setup shows a 20-day breakout but with a moderate technical score of 55.
Latest reviewed article: Jul 23, 2026 2:40 pm
Recent related articles
SK Telecom (NYSE:SKM) experienced unusually high options trading volume on Thursday, with investors purchasing 14,009 call options, a 171% increase from the average. Despite recent analyst upgrades from Wall Street Zen and JPMorgan, the consensus rating for the stock remains "Reduce" with…
SK Telecom (NYSE: SKM) has approved the establishment of a new subsidiary, SK Hyper Co., Ltd., to strengthen its AI data center business. The company plans to contribute ₩750 billion in share capital for 1,875,000 shares, which will result in SK Telecom…
SK Telecom (NYSE: SKM) has declared a cash dividend for the second quarter of 2026, setting August 31, 2026, as the record date for shareholders. The dividend amount for common stock is 830 Won per share, equating to a 0.9% market dividend…
ABN Amro Investment Solutions significantly increased its stake in SK Telecom Co., Ltd. (NYSE:SKM) by 136.8% in the first quarter, now owning 568,343 shares valued at $16.65 million. Other institutional investors like Millennium Management LLC and Robeco Institutional Asset Management B.V. also…
The AI service landscape is expanding from smartphones to wearable devices, with SK Telecom, KT, and LG Uplus simultaneously launching Meta's 'Rayvan Meta 2nd Generation' AI glasses. These glasses, developed by Meta and EssilorLuxottica, integrate Meta's voice AI, camera, and audio functions…
Allspring Global Investments Holdings LLC reduced its stake in SK Telecom Co., Ltd. (NYSE:SKM) by 40.7% in the first quarter, now owning 547,898 shares valued at $16.10 million. Despite this, several other hedge funds increased their positions in SKM, and analysts have…
SK Telecom is launching 'SKTCH with AI', a program to find and support promising AI startups. The program aims to foster business cooperation and investment in AI, with a selection of 15 startups receiving six months of mentoring, commercialization support, and investment…
This article provides trading conditions and key statistics for SK Telecom Co Ltd (SKM) CFDs on Capital.com, an online trading platform. It details spread, overnight funding adjustments, minimum traded quantity, margin, and other financial aspects for trading SKM. The platform emphasizes the…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- Current volume is at least 1.25x the 20-day average volume.
- RSI is in a constructive momentum range without being overbought.
- Price closed above the prior 20-day high with above-average volume.