Chong Kin Group Holdings Stock Forecast

Hold candidate since Jul 14, 2026 Loss -25.11%

The Chong Kin Group Holdings Limited stock price gained 6.11% on the last trading day (Friday, 31st Jul 2026), rising from HK$113.00 to HK$119.90. During the last trading day the stock fluctuated 8.11% from a day low at HK$111.00 to a day high of HK$120.00. The price has fallen in 6 of the last 10 days and is down by -12.99% for this period. Volume fell on the last day by -2 thousand shares and in total, 34 thousand shares were bought and sold for approximately HK$4.14 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -21.33% during the next 3 months and, with a 90% probability hold a price between HK$86.70 and HK$105.28 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

1609.HK Signals & Forecast

The Chong Kin Group Holdings 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$132.09. On a fall, the stock will find some support from the long-term average at approximately HK$56.00. 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. A buy signal was issued from a pivot bottom point on Thursday, July 30, 2026, and so far it has risen 6.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Chong Kin Group Holdings Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at HK$113.00. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at HK$ may give a huge drop in the stock price.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved HK$9.00 between high and low, or 8.11%. For the last week the stock has had daily average volatility of 11.65%.

Our recommended stop-loss: HK$115.20 (-3.92%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (1609.HK) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Chong Kin Group Holdings Limited to open at HK$116.97, and during the day (based on 14 day Average True Range), to move between HK$119.90 and HK$119.90, which gives a possible trading interval of +/-HK$ (+/-0.00%) up or down from last closing price. If Chong Kin Group Holdings Limited takes out the full calculated possible swing range there will be an estimated 0.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at HK$113.00 (5.75%) than the resistance at HK$133.70 (11.51%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Chong Kin Group Holdings Limited stock A Buy?

Chong Kin Group Holdings 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - HK$116.97 ( 2.45%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk