Morning Trend | A-LIVING shows weak consolidation, signs of confidence returning to the sector?
A-LIVING (3319.HK) has recently continued to fluctuate at low levels. Last Friday, the stock price narrowed its range between HKD 2.33 and HKD 2.98, maintaining an overall weak trend. This week, the property service sector is affected by industry trust contraction and collection pressure, coupled with the weak performance release of leading companies at the end of the year, leading to a significant decline in market confidence. The activity level of funds has decreased, and the atmosphere of wait-and-see is strong, with short-term buying only occasionally testing for upward movement, making it difficult to form a breakthrough. On the technical side, the daily MACD continues to show a death cross, and the dense downward moving averages indicate that the downward pressure has not been fully released. The market is extremely cautious in short-term trading, and the intraday volume increase has not shown sustainability. Some institutions are paying attention to potential sudden benefits from policy relief, but this round of adjustment may drag on longer. In terms of investment strategy, it is currently suitable to wait for the emergence of volume-price resonance signals, observe subsequent industry policies and sector linkage opportunities, and right-side trading should focus on defensive positions. In the short term, if there is no substantial impetus, the wait-and-see atmosphere in the sector will continue to dominate the market, and only policy or major news-driven capital concentration can potentially reverse the trend
A-LIVING (3319.HK) has recently continued to fluctuate at low levels. Last Friday, the stock price consolidated within a narrow range of HKD 2.33 to HKD 2.98, and the overall weakness remains unchanged. This week, the property service sector is affected by industry trust contraction and collection pressure, coupled with the weak performance release of leading companies at the end of the year, leading to a significant decline in market confidence. The activity level of funds has decreased, and the atmosphere of wait-and-see is strong, with short-term buying only occasionally testing for upward movement, making it difficult to form a breakthrough.
From a technical perspective, the daily MACD continues to show a death cross, and the dense downward moving averages indicate that the downward pressure has not been fully released. The market is extremely cautious in short-term trading, and the volume increase during intraday rallies has not shown sustainability. Some institutions are paying attention to potential sudden benefits from policy relief, but this round of adjustment may drag on longer. In terms of investment strategy, it is currently suitable to wait for the emergence of volume-price resonance signals, observe subsequent industry policies and sector linkage opportunities, and right-side trading should focus on defensive positions.
In the short term, without substantial impetus, the wait-and-see atmosphere in the sector will continue to dominate the market. Only policy or major news-driven capital concentration can potentially reverse the trend
