Chinese Stocks Jump +4% - the Best in More Than Two Years
Chinese stocks had some rebound on Monday, amidst their prolonged slump this year.
The benchmark Shanghai Composite index surged more than 4% - its sharpest one-day climb since since March 2016. That catapulted the index towards 7% gain over the past two days of trading. It seems the latest efforts by Chinese authorities/officials to infuse confidence about the nation’s markets and economy might have started to have some impact on investor sentiment. On Friday, China’s central bank chief Yi Gang indicated that the recent stock market rout didn't reflect macroeconomic conditions, while adding that the Chinese economy is "moving forward". He said that the government would take more measures to boost economic growth. Also President Xi Jinping on Saturday claimed to be ready to extend "unwavering" support for China's private sector amidst concerns about the economy’s decelerating growth rates in recent times.
CHIQ in downward trend: 10-day moving average crossed below 50-day moving average on June 25, 2025
The 10-day moving average for CHIQ crossed bearishly below the 50-day moving average on June 25, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 18, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CHIQ as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CHIQ turned negative on June 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
CHIQ moved below its 50-day moving average on June 26, 2025 date and that indicates a change from an upward trend to a downward trend.
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 .
The Aroon Indicator for CHIQ entered a downward trend on June 30, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 64 cases where CHIQ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHIQ advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
CHIQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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