Last Updated 08:00:00
longbridge loading
Company Encyclopedia
View More
name
HU-XD @EC2602A
19306.HK
News
View More

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

Technical Forecast·
Technical Forecast·
Posts
View More

There are some positions in $XD INC(02400.HK) in Hong Kong stocks, which are not cheap anymore, but this Friday, taptap maker will be released, and claude code will be integrated into the game engine/......

XD Inc. 1H25 Quick Interpretation: The overall performance in the first half slightly exceeded expectations, specifically in TapTap and profitability. (The expectations in the chart are relatively la...