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SGANTAS@EC2606A
15176.HK
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Morning Trend | ANTA SPORTS fluctuates at a low level, is a rebound window coming?

On January 22nd, at the close, ANTA SPORTS (2020.HK) continued to maintain a low-level oscillation pattern, with a clear tug-of-war between bulls and bears throughout the day, and limited capital participation in a wait-and-see atmosphere. The stock price continues to follow the previous downward trend, approaching the key support level of HKD 78.65. Recently, some brokerage reports indicated that the overall order decline in the sports goods industry for 2024 is lower than expected, with a small amount of capital attempting to seize the opportunity at low levels, but the overall buying strength is weak, with small orders active and large orders rare, and rebound momentum has yet to accumulate. There are no significant marginal positive news developments; although earlier statements from the National Development and Reform Commission aimed at boosting consumption once stimulated sentiment recovery, they have not translated into sustained buying power for the sector. From a technical perspective, the MACD remains in a dead cross position, with both short and medium-term moving averages declining together, and the lower Bollinger Band becoming short-term support. If subsequent trading volume cannot effectively expand, the weak pattern may continue. If the market breaks through HKD 82.75 with effective volume, it will open a short-term trading window; conversely, if volume remains low, there is still a risk of further declines. The attitude of main funds and changes in policy direction are the core focus for short-term right-side trading. Overall risk exposure remains high, and in the event of sudden negative news, a rapid bottoming out cannot be ruled out. The strategy suggests a defensive approach, patiently waiting for the trend to clarify

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Technical Forecast·
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These consumer sector stocks are really laid back: Nongfu Spring, Mengniu, and Anta are as stable as a rock, with gains relying solely on a snail's pace, and occasional news stimulation barely makes a...