HKEX:1229

Nan Nan Resources Enterprise Stock Forecast

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HK$0.255
-0.0050 (-1.92%)
At Close: Nov 18, 2025
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Evaluation of Nan Nan Resources Enterprise Limited stock downgraded after the last trading session
(Updated on Nov 18, 2025)

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Buy or Hold candidate since Nov 12, 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

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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


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 22, 1997 Jan 13, 1998 Jan 23, 1998 HK$0.0250 0%

FAQ

What is the symbol for Nan Nan Resources Enterprise Limited Stock and on which exchange is it traded?
The symbol for Nan Nan Resources Enterprise Limited is 1229.HK and it is traded on the HKEX (Hong Kong Stock Exchange).

Should I buy or sell Nan Nan Resources Enterprise Limited Stock?
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.

How to buy Nan Nan Resources Enterprise Limited Stock?
Nan Nan Resources Enterprise Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nan Nan Resources Enterprise Limited Stock.

What's the current price of Nan Nan Resources Enterprise Limited Stock?
As of the end of day on the Nov 18, 2025, the price of an Nan Nan Resources Enterprise Limited (1229.HK) share was HK$0.255.

What is the 52-week high and low for Nan Nan Resources Enterprise Limited Stock?
The 52-week high for Nan Nan Resources Enterprise Limited Stock is HK$0.320 and the 52-week low is HK$0.138.

What is the market capitalization of Nan Nan Resources Enterprise Limited Stock?
As of the Nov 18, 2025, the market capitalization of Nan Nan Resources Enterprise Limited is 198.997M.
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