--- title: "Morning Trend | XD INC experiences reduced volume fluctuations, can the sector welcome a rebound?" description: "XD INC (2400.HK) has recently shown weak stock price performance, with the daily MACD indicating a death cross pattern. The short-term moving average system has shifted from bullish to bearish, and th" type: "news" locale: "en" url: "https://longbridge.com/en/news/269057566.md" published_at: "2025-12-10T01:00:00.000Z" --- # Morning Trend | XD INC experiences reduced volume fluctuations, can the sector welcome a rebound? > XD INC (2400.HK) has recently shown weak stock price performance, with the daily MACD indicating a death cross pattern. The short-term moving average system has shifted from bullish to bearish, and the activity of main funds continues to decline. Following several trading days of significantly reduced trading volume and net outflow of large orders, the expectation for a short-term sector rebound faces ongoing challenges. On the market, XD INC's stock price has repeatedly fluctuated within a narrow range at recent low levels, with no clear signals of a stop in the decline or a strengthening trend in the technical pattern. Both the 5-day and 10-day moving averages have formed a suppressive trend, hindering short-term rotation logic. Currently, the Hong Kong stock market's technology and pan-entertainment sector is generally under pressure from market funds seeking safety, with no substantial catalysts or new policies emerging from the fundamental news front, leading to cautious defensive operations by market funds. From the perspective of fund flow, although some short-term funds are attempting to buy on the left side at low prices, the volume-price coordination is poor, and the rebound lacks significant sustained momentum, with the sector's rebound energy yet to form a continuous force. To break through the current predicament, it is necessary to rely on positive factors such as fundamental improvements, the launch of new game products, or marginal easing of the regulatory environment. Short-term intraday rebounds are mostly for short-term trading, and both their duration and height need further verification. Therefore, whether the sector can rebound significantly depends on the continued follow-up of trading volume and the market performance of core stocks. Technically, investors are advised to focus on whether the intraday 5/10-day moving averages and previous low points can form support. If there is a volume breakout above the resistance line and bullish indicators rise simultaneously, it may open a window for a short-term rebound XD INC (2400.HK) has recently shown weak stock price performance, with the daily MACD indicating a death cross pattern. The short-term moving average system has shifted from bullish to bearish, and the activity of main funds continues to decline. With a significant reduction in trading volume over several consecutive trading days and net outflow of large orders, the expectation for a short-term sector rebound faces ongoing challenges. On the market, XD INC's stock price has repeatedly fluctuated within a narrow range at recent low levels, and there are no clear signals of a stop in the decline or a strengthening trend from a technical perspective. Both the 5-day and 10-day moving averages have formed a suppressive effect, hindering short-term rotation logic. Currently, the Hong Kong stock market's technology and pan-entertainment sector is generally under pressure from market funds seeking safety, with no substantial catalysts or new policies emerging from the fundamental news front, leading to cautious defensive operations by market funds. From the perspective of fund flow, although some short-term funds are attempting to buy on the left side at low prices, the volume-price coordination is poor, and there is a clear lack of sustained momentum for a rebound. The energy for a sector rebound has not yet formed a continuous force. To break through the existing predicament, it is necessary to rely on positive factors such as fundamental improvements, the launch of new game products, or marginal easing of the regulatory environment. Short-term rebounds in the market are mostly for short-term trading, and both the duration and height need further verification. Therefore, whether the sector can rebound significantly depends on the continuous follow-up of trading volume and the market performance of core stocks. From a technical perspective, investors are advised to focus on whether the intraday 5/10-day moving averages and previous low points can form support. If there is a volume breakout above the resistance line and bullish indicators rise simultaneously, it may open a window for a short-term rebound. If the volume contraction and fluctuations continue without a significant return of main funds, the phase of periodic low-level consolidation may persist. In terms of operational strategy, the focus should be on defense in the short term, strictly guarding against "false bullish lines" during rebounds, and taking profits remains the main theme. Sector rotation and rebound need to be combined with an upgrade in overall market risk appetite. It is recommended to closely monitor industry fundamentals and regulatory dynamics to grasp actual volume-price anomalies in the market. Overall, XD INC is still in a low-volume and sluggish phase, and the rebound window has not truly opened; we await new catalytic signals to emerge ### Related Stocks - [02400.HK - XD INC](https://longbridge.com/en/quote/02400.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Goldman Sachs Sticks to Their Hold Rating for XD, Inc. (2400) | Kong covers the Communication Services sector, focusing on stocks such as Baidu, XD, Inc., and NetEase. 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