As risk-averse sentiment spreads across the domestic stock market, selling pressure is intensifying in secondary battery stocks. EcoPro, which had rebounded over the past three trading days, fell more than 7% intraday on the 28th, surrendering not only the previous day's gains but also a significant portion of its recent increases.

As of 10:40 a.m. on the 28th in the KOSDAQ market, EcoPro is trading at 74,700 won, down 5,900 won from the previous trading day. The decline stands at 7.32%, with a trading volume of 403,214 shares.

EcoPro closed at 81,100 won on the 27th, up 3,000 won from the prior session. The stock had posted a three-day winning streak, rising 8.56% to 83,700 won on the 23rd and climbing 6.05% to 79,200 won on the 24th. However, as the intraday price tumbled to 74,700 won today, it erased all of the previous day's gains. The current stock price has fallen below not only the 24th's level of 79,200 won but also the 76,500 won recorded on the 22nd.

Given the recent sharp short-term gains in the stock price, it is interpreted that profit-taking and stop-loss selling emerged simultaneously during the market's sharp decline. On the sell order book, substantial waiting volume has accumulated around 75,000 and 75,100 won, while a relatively large volume is placed around 74,200 and 74,000 won on the buy side. As buy and sell volumes face off, the possibility of additional volatility depending on the index's direction remains open.

EcoPro is a holding company with subsidiaries engaged in secondary battery materials, including cathode materials, precursors, and lithium. Its stock price tends to react sensitively to electric vehicle demand forecasts, battery material prices, major subsidiary earnings, and the progress of its nickel business in Indonesia.

This decline can be seen as a reflection of the overall deterioration in market supply and demand, rather than company-specific negative news for EcoPro alone, as both KOSPI and KOSDAQ tumbled and a sell-side sidecar was triggered. With investor sentiment shrinking toward growth and high-volatility stocks, declines in secondary battery-related stocks have also widened.

In the short term, it is necessary to monitor whether EcoPro can attract buying support in the 74,000-won range or whether further declines accompanied by increased trading volume will occur. Whether the KOSDAQ index can narrow its losses, the supply and demand trends of foreign and institutional investors, and the correlated movement of secondary battery-related stocks, including EcoPro BM, will be key variables determining the stock's direction.

[This article was written with the assistance of AI. This article is for informational purposes only and does not recommend buying or selling any specific stock. Intraday stock prices and trading volumes are subject to continuous fluctuation.]