POSCO's 15min chart shows MACD Death Cross, KDJ Death Cross.

Based on the 15-minute chart of POSCO, a technical analysis indicator known as the MACD Death Cross and KDJ Death Cross was triggered on September 5, 2025 at 09:45. This suggests that the stock price has the potential to continue falling, as the momentum of the stock price is shifting towards the downside and may experience further decreases.

Speculation is growing in Seoul that South Korea's steel giant POSCO could emerge as the front-runner to acquire a controlling stake in the country's major liner company, HMM. According to local media reports, advisors from Samil PwC and Boston Consulting Group are conducting feasibility studies for a deal that could be worth around KRW7trn ($5bn), covering the combined 71.7% stake held by state creditors [1].

POSCO has not yet publicly committed to the acquisition but has confirmed it is reviewing the business feasibility. State-run Korea Development Bank has been exploring potential suitors for years, with Hyundai Glovis, LX Pantos, and SM Line all previously linked to the deal. However, none have gained significant traction. Back in 2021, POSCO's name was also mentioned in the context of a potential acquisition, though the proposed price tag was significantly lower than the current estimates [1].

A sale of HMM to POSCO would mark the culmination of more than a decade of state stewardship and would return the country's flagship liner to private hands. Last September, HMM unveiled expansion plans that include a massive KRW23.5trn ($17.48bn) investment to nearly double its container fleet and triple its tanker and dry bulk fleets by 2030 [1].

Technical indicators also suggest a potential downward trend for POSCO's stock price. Based on the 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on September 5, 2025, at 09:45. This suggests that the stock price may continue to fall as the momentum shifts towards the downside [2].

References:
[1] https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/
[2] (Provided source materials)