Zhejiang China Light&textile Industrial City Group . Stock Forecast

Sell candidate since Nov 18, 2025

The Zhejiang China Light&Textile Industrial stock price fell by -2.23% on the last day (Tuesday, 18th Nov 2025) from $4.04 to $3.95. During the last trading day the stock fluctuated 3.32% from a day low at $3.92 to a day high of $4.05. The price has risen in 6 of the last 10 days and is up by 3.4% over the past 2 weeks. 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 -794 thousand shares and in total, 13 million shares were bought and sold for approximately $52.56 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Zhejiang China Light&Textile Industrial stock with a 90% probability to be traded between $3.79 and $4.13 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

600790.SS Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Zhejiang China Light&Textile Industrial stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $4.01 and $3.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 17, 2025, and so far it has fallen -2.23%. Further fall is indicated until a new bottom pivot has been found. 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 Zhejiang China Light&Textile Industrial stock

Zhejiang China Light&Textile Industrial finds support from accumulated volume at $3.88 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 $0.130 (3.32%) between high and low. For the last week, the stock has had daily average volatility of 2.11%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (600790.SS) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect Zhejiang China Light&Textile Industrial City Group Co.,Ltd to open at $3.97, and during the day (based on 14 day Average True Range), to move between $3.91 and $3.99, which gives a possible trading interval of +/-$0.0834 (+/-2.13%) up or down from last closing price. If Zhejiang China Light&Textile Industrial City Group Co.,Ltd takes out the full calculated possible swing range there will be an estimated 2.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.97 (0.51%) than the support at $3.88 (1.77%), 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 Zhejiang China Light&Textile Industrial City Group Co.,Ltd stock A Buy?

Zhejiang China Light&Textile Industrial holds several negative signals and is within a falling trend, so we believe 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 Strong Sell candidate.

Current score: -5.043 Strong Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on November 19, 2025 - $3.97 ( 0.591%).

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