Chery Automobile . Stock Forecast

Hold candidate since Jun 05, 2026

The Chery Automobile Co., Ltd. stock price fell by -0.585% on the last day (Friday, 5th Jun 2026) from HK$27.36 to HK$27.20. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 4.33% from a day low at HK$26.80 to a day high of HK$27.96. The price has been going up and down for this period, and there has been a -2.16% loss for the last 2 weeks. Volume has increased on the last day by 55 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately HK$37.81 million.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at HK$26.92 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 3.59% during the next 3 months and, with a 90% probability hold a price between HK$27.88 and HK$35.29 at the end of this 3-month period.

9973.HK Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, May 28, 2026, and so far it has risen 1.49%. 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. The Chery Automobile Co., Ltd. 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$27.43 and HK$29.34. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Chery Automobile Co., Ltd. stock

Chery Automobile Co., Ltd. finds support from accumulated volume at HK$27.02 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$1.16 between high and low, or 4.33%. For the last week, the stock has had daily average volatility of 2.88%.

Our recommended stop-loss: HK$25.88 (-4.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (9973.HK) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Chery Automobile Co., Ltd. to open at HK$27.32, and during the day (based on 14 day Average True Range), to move between HK$26.65 and HK$27.75, which gives a possible trading interval of +/-HK$1.10 (+/-4.13%) up or down from last closing price. If Chery Automobile Co., Ltd. takes out the full calculated possible swing range there will be an estimated 4.13% 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$27.02 (0.66%) than the resistance at HK$32.02 (17.72%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Chery Automobile Co., Ltd. stock A Buy?

Chery Automobile Co., Ltd. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.269 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - HK$27.32 ( 0.441%).

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