Morning Trend | Asian Cement Stabilizes After Reaching Bottom, Can Infrastructure Funds Flow Back?
On November 26th, Asia Cement (China) stabilized after a global exploration. Affected by hesitations in infrastructure funding from the investment side, the cement sector has recently seen insufficient popularity, with a heavier atmosphere of market wait-and-see. The company has not issued new announcements, and its stock price has fallen below multiple short-term moving averages, showing a sluggish performance with a lackluster trading atmosphere. On the industry level, cement demand is weak, and the slowdown in infrastructure investment growth, coupled with environmental pressure, has caused funds to remain on the sidelines. The MACD daily technical pattern is also bearish, with weak rebounds repeatedly facing resistance, and the volume-price linkage is not ideal. There are obvious signs of capital outflow, and the trend of hot spots shifting remains unchanged. Key attention should be paid to intraday fluctuations and surges in intraday trading volume. If there are favorable policy stimuli, the sector's differentiation pattern may be restored, but the current stage's downside risks should not be underestimated. Industry data and market news need to be continuously monitored
On November 26th, Asia Cement (China) stabilized after a global exploration. Affected by hesitation in infrastructure funding from the investment side, the cement sector has recently seen insufficient popularity, with a heavier atmosphere of market wait-and-see. The company has not issued new announcements, and its stock price has fallen below multiple short-term moving averages, showing a sluggish performance with a weak trading atmosphere.
At the industry level, cement demand is weak, and the slowdown in infrastructure investment growth combined with environmental pressure has led to a wait-and-see stance among funds. The MACD daily technical pattern is also bearish, with weak rebounds repeatedly facing resistance, and the volume-price linkage is not ideal. There are obvious signs of capital outflow, and the trend of hotspot transfer remains unchanged.
Key attention should be paid to intraday fluctuations and surges in intraday trading volume. If there are favorable policy stimuli, the sector's differentiation pattern may be restored, but the current stage's downside risks should not be underestimated. Industry data and market news need to be continuously monitored
