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Beijing Enterprises Medical and Health stock downgraded from Hold/Accumulate to Sell Candidate after Tuesday trading session
(Updated on Nov 18, 2025)
No changes to the price of Beijing Enterprises Medical and Health stock on the last trading day (Tuesday, 18th Nov 2025). During the last trading day the stock fluctuated 2.74% from a day low at HK$0.0730 to a day high of HK$0.0750. The price has fallen in 4 of the last 10 days and is down by -2.63% for this period.
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 -16.89% during the next 3 months and, with a 90% probability hold a price between HK$0.0556 and HK$0.0641 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.
2389.HK Signals & Forecast
There are mixed signals in the stock today. The Beijing Enterprises Medical and Health stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at HK$0.0750 and HK$0.0771. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, October 24, 2025, and so far it has risen 4.23%. 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).
Support, Risk & Stop-loss for Beijing Enterprises Medical and Health stock
Beijing Enterprises Medical and Health finds support from accumulated volume at HK$0.0730 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 very controlled movements and therefore the general risk is considered very 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$0.0020 between high and low, or 2.74%. For the last week the stock has had daily average volatility of 3.58%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (2389.HK) For The Upcoming Trading Day Of Wednesday 19th
For the upcoming trading day on Wednesday, 19th we expect Beijing Enterprises Medical and Health Industry Group Limited to open at HK$0.0740, and during the day (based on 14 day Average True Range), to move between HK$0.0725 and HK$0.0755, which gives a possible trading interval of +/-HK$0.0031 (+/-4.24%) up or down from last closing price. If Beijing Enterprises Medical and Health Industry Group Limited takes out the full calculated possible swing range there will be an estimated 4.24% 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$0.0730 (1.35%) than the resistance at HK$0.0760 (2.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Beijing Enterprises Medical and Health Industry Group Limited stock A Buy?
Beijing Enterprises Medical and Health holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-1.369
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on November 19, 2025 - HK$0.0740 ( 0%).
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2389.HK Performance
Trading levels for 2389.HK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0760 | 2.70% |
| R2 | 0.0752 | 1.67% |
| R1 | 0.0748 | 1.03% |
| Price | 0.0740 | |
| S1 | 0.0732 | -1.03% |
| S2 | 0.0728 | -1.67% |
| S3 | 0.0720 | -2.70% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0860 | 16.22% |
| R2 | 0.0850 | 14.86% |
| R1 | 0.0760 | 2.70% |
| Price | 0.0740 | |
| S1 | 0.0730 | -1.35% |
| S2 | 0.0710 | -4.05% |
| S3 | 0 | - |
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