Shanghai Longcheer Technology Stock Forecast

Buy or Hold candidate since Aug 10, 2026 Loss -1.89%

The Shanghai Longcheer Technology Co Ltd stock price fell by -1.89% on the last day (Tuesday, 11th Aug 2026) from HK$23.24 to HK$22.80. During the last trading day the stock fluctuated 2.38% from a day low at HK$22.66 to a day high of HK$23.20. The price has been going up and down for this period, and there has been a 2.33% gain for the last 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 -336 thousand shares and in total, 366 thousand shares were bought and sold for approximately HK$8.34 million.

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 -18.63% during the next 3 months and, with a 90% probability hold a price between HK$16.55 and HK$19.26 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.

9611.HK Signals & Forecast

The Shanghai Longcheer Technology Co Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at HK$22.17 and HK$22.62. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, July 30, 2026, and so far it has risen 8.37%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 Shanghai Longcheer Technology Co Ltd stock

Shanghai Longcheer Technology Co Ltd finds support from accumulated volume at HK$22.70 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 HK$0.540 between high and low, or 2.38%. For the last week, the stock has had daily average volatility of 4.00%.

Our recommended stop-loss: HK$21.92 (-3.84%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (9611.HK) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Shanghai Longcheer Technology Co Ltd to open at HK$22.89, and during the day (based on 14 day Average True Range), to move between HK$22.23 and HK$23.37, which gives a possible trading interval of +/-HK$1.14 (+/-5.13%) up or down from last closing price. If Shanghai Longcheer Technology Co Ltd takes out the full calculated possible swing range there will be an estimated 5.13% 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$22.70 (0.44%) than the resistance at HK$23.18 (1.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Shanghai Longcheer Technology Co Ltd stock A Buy?

Shanghai Longcheer Technology Co Ltd 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: 0.690 Hold/Accumulate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 12, 2026 - HK$22.89 ( 0.380%).

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