Chifeng Jilong Gold Mining . Stock Forecast

Sell candidate since Nov 18, 2025

The Chifeng Jilong Gold Mining Co.,Ltd. stock price fell by -2.20% on the last day (Tuesday, 18th Nov 2025) from $29.96 to $29.30. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.48% from a day low at $29.01 to a day high of $29.73. The price has fallen in 6 of the last 10 days but is still up by 2.56% 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 -5 million shares and in total, 29 million shares were bought and sold for approximately $840.47 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $28.84 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.22% during the next 3 months and, with a 90% probability hold a price between $33.52 and $39.71 at the end of this 3-month period.

600988.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 Chifeng Jilong Gold Mining Co.,Ltd. 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 $30.47 and $29.83. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, October 13, 2025, and so far it has fallen -8.72%. 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 Chifeng Jilong Gold Mining Co.,Ltd. stock

Chifeng Jilong Gold Mining Co.,Ltd. finds support from accumulated volume at $28.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.720 between high and low, or 2.48%. For the last week, the stock has had daily average volatility of 2.58%.

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

Trading Expectations (600988.SS) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect Chifeng Jilong Gold Mining Co.,Ltd. to open at $29.35, and during the day (based on 14 day Average True Range), to move between $28.67 and $29.93, which gives a possible trading interval of +/-$1.26 (+/-4.39%) up or down from last closing price. If Chifeng Jilong Gold Mining Co.,Ltd. takes out the full calculated possible swing range there will be an estimated 4.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $28.88 (1.43%) than the resistance at $30.58 (4.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Chifeng Jilong Gold Mining Co.,Ltd. stock A Buy?

The Chifeng Jilong Gold Mining Co.,Ltd. stock holds several negative signals and despite the positive trend, we believe Chifeng Jilong Gold Mining Co.,Ltd. will perform weakly in the next couple of days or weeks. Therefore, we 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: -3.512 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on November 19, 2025 - $29.35 ( 0.159%).

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