Midea Group Stock Forecast

Hold candidate since Jun 03, 2026 Loss -2.42%

The MIDEA GROUP stock price fell by -2.42% on the last day (Thursday, 4th Jun 2026) from HK$91.00 to HK$88.80. During the last trading day the stock fluctuated 2.43% from a day low at HK$88.65 to a day high of HK$90.80. The price has fallen in 6 of the last 10 days and is down by -2.04% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -583 thousand shares and in total, 9 million shares were bought and sold for approximately HK$765.93 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.64% during the next 3 months and, with a 90% probability hold a price between HK$88.12 and HK$100.10 at the end of this 3-month period.

0300.HK Signals & Forecast

The MIDEA GROUP stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at HK$88.04 and HK$88.58. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 03, 2026, and so far it has fallen -2.42%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for MIDEA GROUP stock

MIDEA GROUP finds support from accumulated volume at HK$86.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved HK$2.15 (2.43%) between high and low. For the last week, the stock has had daily average volatility of 2.84%.

Our recommended stop-loss: HK$84.38 (-4.98%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (0300.HK) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect MIDEA GROUP to open at HK$89.42, and during the day (based on 14 day Average True Range), to move between HK$87.59 and HK$90.01, which gives a possible trading interval of +/-HK$2.42 (+/-2.76%) up or down from last closing price. If MIDEA GROUP takes out the full calculated possible swing range there will be an estimated 2.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at HK$89.30 (0.56%) than the support at HK$86.65 (2.42%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is MIDEA GROUP stock A Buy?

MIDEA GROUP holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.350 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 5, 2026 - HK$89.42 ( 0.694%).

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