Should You Buy SK Telecom Co Ltd (SKM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
SK Telecom Co Ltd (SKM) is not a good buy for a beginner investor with a long-term strategy at this moment. The company's financial performance has significantly deteriorated in the latest quarter, with declining revenue, negative net income, and EPS. Technical indicators suggest the stock is overbought, and there are no strong trading signals or positive catalysts to support a buy decision. The options data and lack of recent news or significant trading trends further reinforce a neutral stance.
Technical Analysis
The MACD histogram is positive and expanding, indicating bullish momentum. However, the RSI is at 93.984, signaling the stock is overbought. Moving averages are converging, and the stock is trading close to resistance levels (R1: 23.602, R2: 24.543), suggesting limited upside potential in the short term.