China Stocks Extend $3 Trillion Loss, Amidst Government Rescue Efforts
Chinese stock market extended its $3 trillion rout, with the the Shanghai Composite Index dropping 1.5 percent to its lowest close since November 2014. The index has declined 19% in the past six months.
Consumer companies’ stocks suffered the biggest losses, following declining demand for appliances and automobiles last month. Add to that heightened trade tensions between the U.S. and China as both nations engaged in a tariff-slapping spree on each others’ goods. The yuan’s decline, too, is apparently in the eye of the storm with respect to trade relations.
The recent weeks' stock market rout in China has propelled its government to step in to curb further losses. The government is asking insurers to invest in listed corporations in order to mitigate liquidity risks linked to the companies' pledging of shares to secure loans - the China Securities Journal reported on Saturday, citing a senior official with the banking and insurance regulator. Also, several companies will be supported by the tens of billions of yuan from the local government of Shenzhen to improve their shares' liquidity and lower share-pledged risks, according to the Shanghai Securities News (as reported by Bloomberg).
CHIQ in upward trend: 10-day moving average broke above 50-day moving average on August 14, 2025
The 10-day moving average for CHIQ crossed bullishly above the 50-day moving average on August 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 11, 2025. You may want to consider a long position or call options on CHIQ as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CHIQ just turned positive on September 09, 2025. Looking at past instances where CHIQ's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
CHIQ moved above its 50-day moving average on August 12, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHIQ advanced for three days, in of 283 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 203 cases where CHIQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHIQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CHIQ broke above its upper Bollinger Band on September 16, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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