ChipMOS July revenue hits record high, jumps ~44% Y/Y
In July, it was announced that sales reached an all-time high, marking an approximately 44% increase compared to the same period last year.
Based on the news that ChipMOS recorded its highest-ever sales in July, with an approximately 44% increase compared to the previous year, and the recent candle trend showing a +15.1% volatility over the past seven days, entry is being considered.
If the upward momentum from the strong sales in July is maintained, I will take profits at the target price of $73.28 as calculated by REPORTING. Conversely, if the trend breaks down and falls, I will also cut losses if it falls below the stop-loss price of $43.51, as determined by REPORTING.
The RSI(14) is at 34.1, approaching an oversold condition, the moving averages are in a non-aligned state, and the trading volume is at 0.47 times the 20-day average.
Looking at the historical data for this stock, it showed a price reaction of -6.1% on 2026-07-10, +11.7% on 2026-08-10, and -1.6% on 2026-08-11.
In July, sales surged approximately 44% year-over-year, which served as a strong positive indicator. Based on this and the RSI(14) of 34.1 indicating an oversold condition, an entry was attempted. The actual return recorded was 11.8%, significantly exceeding the forecasted return of 2.5%, resulting in an OVERHIT designation. At the time of entry, the moving averages were misaligned, and the trading volume was only 0.47 times the 20-day average, leading to a conservative expectation of limited upward movement. However, the market reflected the impact of the positive news more strongly, resulting in explosive short-term volatility (+15.1%).
Reflecting on the technical limitations of insufficient trading volume and the misalignment of moving averages, we had conservatively reduced the assessment of upward potential. In future trading, if there are clear performance catalysts or strong fundamental news such as breaking historical highs, we should remain flexible in adjusting our response system, keeping open the possibility of explosive market reactions, even if technical indicators are somewhat unfavorable.