Morning Trend | RS MACALLINE 10-20 breaks below box support, is the home furnishing chain's defensive pattern loosening? Red Star Macalline's overall performance yesterday was weak, with the main trading range experiencing fluctuations and a continuous downward shift in focus, briefly breaking below the key support of the lower boundary of the range. Throughout the day, capital inflow and outflow were extremely sluggish, with liquidity in the home and consumer chains generally under pressure, reflecting a dual weakening in fundamentals and market demand. Speculative buying has exited, and although turnover has slightly increased, it is primarily driven by passive rotation, with limited active support. Currently, the home chain faces significant downward pressure, with downstream demand recovery slow, leading to a comprehensive decline in sector heat and capital activity.
On the news front, although leading companies in the home sector are attempting joint promotions, the effects have yet to materialize, and there has been no substantial breakthrough in consumer confidence recovery. Actual policy support for consumer goods remains insufficient, lacking a new round of strong stimulus measures, which fails to effectively stimulate market confidence. Some institutions have begun to issue risk warnings regarding industry adjustments, with leading stocks facing short-term elasticity constraints.
From a technical perspective, under the bearish dominance at the daily level for Red Star Macalline, the 5-day and 10-day moving averages are forming comprehensive pressure, and the MACD indicator is wandering in the bearish zone, with the market lacking strong support signals. It is worth noting that the home chain may still benefit from unexpected policy bursts or intraday capital movements, especially if there are early signs of recovery in downstream demand, which could trigger a technical recovery in the sector. Currently, capital attitudes are more conservative, and the mainstream market logic remains to track large orders and dynamically adjust risk exposure. Investors need to closely assess new policies, new hotspots, and sudden events to timely judge direction, strictly control losses from passive declines, and wait for catalytic signals to trigger before positioning for a recovery trend
Technical Forecast · 10/21/2025 09:00
