--- title: "Morning Trend | SHENZHOU INTL pulls back to support, is a downward trend coming in a sluggish sector?" description: "Shenzhou International (2313.HK) has recently shown a continuous downward trend at the daily level. Yesterday, the K-line closed below the 5-day and 10-day moving averages, and the MACD indicator furt" type: "news" locale: "en" url: "https://longbridge.com/en/news/273672858.md" published_at: "2026-01-27T01:00:00.000Z" --- # Morning Trend | SHENZHOU INTL pulls back to support, is a downward trend coming in a sluggish sector? > Shenzhou International (2313.HK) has recently shown a continuous downward trend at the daily level. Yesterday, the K-line closed below the 5-day and 10-day moving averages, and the MACD indicator further formed a death cross and amplified the green bars, reflecting a sustained outflow of market funds in the short term, with a dominant bearish atmosphere. The textile and apparel sector, where Shenzhou International is located, is overall performing poorly, and the adjustment of industry leaders has significantly impacted the sector's capital activity, resulting in weak market support. The current stock price has repeatedly tested the support near the six-month and annual moving averages but has failed to stabilize effectively, indicating that the weak pattern remains. If today's intraday trading breaks below the previous low and important support, the market may face a new round of downward pressure. From a fundamental perspective, although Shenzhou International has certain competitive advantages in the industry, the slow progress of external demand recovery and the incomplete release of cost pressures have led to insufficient market confidence in its short-term performance recovery. In addition, the sector rotation effect has weakened, and as a heavyweight stock, Shenzhou International has faced significant capital outflow pressure. Technically, attention should be paid to the six-month moving average and previous low support during the day. If a large amount of capital follows suit in selling, it will further open up downward space for the trend. In terms of strategy, short-term investors are advised to focus on defensive measures, closely monitor changes in intraday trading volume and the stabilization of support zones, and avoid rash bottom-fishing without significant rebound signals. Medium to long-term investors may consider the marginal improvement of the company's fundamentals and signals of industry prosperity turning points before making any layout decisions. Overall, Shenzhou International is unlikely to have an independent market performance in a weak market, and right-side trading should be approached with caution and patience Shenzhou International (2313.HK) has recently shown a continuous downward trend at the daily level. Yesterday, the K-line closed below the 5-day and 10-day moving averages, and the MACD indicator further formed a death cross with expanding green bars, reflecting a continuous outflow of market funds in the short term, with a dominant bearish atmosphere. The textile and apparel sector, where Shenzhou International is located, is overall performing poorly, and the adjustment of industry leaders has significantly impacted the sector's capital activity, resulting in weak market support. The current stock price has repeatedly tested the support near the six-month and annual lines but has failed to stabilize effectively, indicating that the weak pattern remains. If today's intraday trading breaks below the previous low and important support, the market may face a new round of downward pressure. From a fundamental perspective, although Shenzhou International has certain competitive advantages in the industry, the slow progress of external demand recovery and the incomplete release of cost pressures have led to insufficient market confidence in its short-term performance recovery. In addition, the sector rotation effect has weakened, and as a heavyweight stock, Shenzhou International has faced significant capital outflow pressure. Technically, attention should be paid to the six-month line and previous low support during the day. If a large amount of capital follows suit in selling, it will further open up downward space for the trend. In terms of response strategy, short-term investors are advised to focus on defense, closely monitor changes in intraday trading volume and the stabilization of support zones. If there are no significant rebound signals, it is advisable to avoid rash bottom-fishing. Medium to long-term investors may pay attention to marginal improvements in the company's fundamentals and signals of turning points in industry prosperity before considering positioning. Overall, Shenzhou International is unlikely to have an independent market performance in a weak market, and right-side trading should be approached with caution and patience ### Related Stocks - [02313.HK - SHENZHOU INTL](https://longbridge.com/en/quote/02313.HK.md) - [SHZHY.US - Shenzhou International](https://longbridge.com/en/quote/SHZHY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Exclusive Q&A: Why Any Day Can be a ‘Yes’ Day at The Children’s Place | The Children’s Place introduces the “It’s a Yes Day” brand platform to empower children in shopping decisions, acknowled | [Link](https://longbridge.com/en/news/276747938.md) | | A Preview Of TJX Companies's Earnings | TJX Companies (NYSE:TJX) will announce its quarterly earnings on February 25, 2026, with analysts expecting an EPS of $1 | [Link](https://longbridge.com/en/news/276746148.md) | | How Did Markets Open the Week? | How Did Markets Open the Week? | [Link](https://longbridge.com/en/news/276584918.md) | | Julien Tornare: «Without a doubt, Hublot is my favorite watch brand» | Julien Tornare, CEO of Hublot, shares insights on his personal drive for excellence and the importance of investing in p | [Link](https://longbridge.com/en/news/276907059.md) | | Key facts: Cardano Foundation leads Project Catalyst; develops micromobility platform | The Cardano Foundation now oversees Project Catalyst, focusing on improving governance decentralization and minimizing t | [Link](https://longbridge.com/en/news/276804245.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.