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Evaluation of Nan Nan Resources Enterprise Limited stock downgraded after the last trading session
(Updated on Nov 18, 2025)
The Nan Nan Resources Enterprise Limited stock price fell by -1.92% on the last day (Tuesday, 18th Nov 2025) from HK$0.260 to HK$0.255. During the last trading day the stock fluctuated 1.96% from a day low at HK$0.255 to a day high of HK$0.260. The price has fallen in 4 of the last 10 days and is down by -1.92% 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 -508 thousand shares and in total, 656 thousand shares were bought and sold for approximately HK$167.28 thousand.
The stock lies in the middle of a wide and strong 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 12.17% during the next 3 months and, with a 90% probability hold a price between HK$0.268 and HK$0.315 at the end of this 3-month period.
1229.HK Signals & Forecast
The Nan Nan Resources Enterprise Limited stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately HK$0.257. On a fall, the stock will find some support from the long-term average at approximately HK$0.253. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, November 03, 2025, and so far it has fallen -7.27%. 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 along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Nan Nan Resources Enterprise Limited stock
Nan Nan Resources Enterprise Limited finds support from accumulated volume at HK$0.250 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved HK$0.0050 between high and low, or 1.96%. For the last week the stock has had daily average volatility of 5.73%.
Our recommended stop-loss: HK$0.241 (-5.41%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)
Trading Expectations (1229.HK) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Nan Nan Resources Enterprise Limited to open at HK$0.257, and during the day (based on 14 day Average True Range), to move between HK$0.248 and HK$0.262, which gives a possible trading interval of +/-HK$0.0136 (+/-5.48%) up or down from last closing price. If Nan Nan Resources Enterprise Limited takes out the full calculated possible swing range there will be an estimated 5.48% 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$0.260 (1.96%) than the support at HK$0.250 (1.96%), 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 Nan Nan Resources Enterprise Limited stock A Buy?
Nan Nan Resources Enterprise Limited 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.
Current score:
0.934
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on November 19, 2025 - HK$0.257 ( 0.654%).
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1229.HK Performance
Trading levels for 1229.HK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.262 | 2.61% |
| R2 | 0.260 | 1.87% |
| R1 | 0.259 | 1.40% |
| Price | 0.255 | |
| S1 | 0.255 | -0.0954% |
| S2 | 0.254 | -0.558% |
| S3 | 0.252 | -1.31% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.275 | 7.84% |
| R2 | 0.270 | 5.88% |
| R1 | 0.260 | 1.96% |
| Price | 0.255 | |
| S1 | 0.250 | -1.96% |
| S2 | 0.240 | -5.88% |
| S3 | 0.228 | -10.59% |
1229 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 22, 1997 | Jan 13, 1998 | Jan 23, 1998 | HK$0.0250 | 0% |
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