0700.HK. Tencent Holdings Limited (0700.HK) stock for the next 10-Day forecast and technical analysis.

Sep 20, 2023
◆ Closed price
309.20	-1.02%
◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy]
◆ Today's stock price Buy-Sell strength analysis
The current trend appears to be 'Entering a rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker decline rate than the current trend.
The overall buy-sell strength indicates that the sell strength is stronger than the buy.
Assuming that the average sell strength is -100%,
Today's sell strength is	-96%
◆ Tomorrow's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like 0700.HK stock is poised for a Rebound trend tomorrow
The %strength of Risk & Return tomorrow :			50%
HIGH ~ LOW % range tomorrow :		2.4%	0.4%
Predicted Average return over the next 3 days:			3.2%
The price of 0700.HK stock moves in line with the rise and fall of the stock market index with a probability of		73%
, and conversely, it moves against the stock market index trend with a probability of		27%
because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.
◆ 0700.HK stock price 10 Day forecast [Short-term strategy]
It is expected that the overall trend movement over the next 10 days will follow a sideways box pattern, with a ratio of 2 : 8 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is moderate, while the downward strength is moderate. Currently, it's about to begin a rebound trend as a downtrend gradually gives way to a slowdown in falling and rising fluctuations. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.
Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Neutral' for now. The appropriate selling timing is predicted to be in 2 days.
And the appropriate buying timing is predicted to be in 4 days.
(Forecast may change due to changes in the Buy-Sell strength)
◆ Volatility of forecast
Due to maintaining a proper flow of Buy-Sell strength that is suitable for the current trend, pretiming forecasting may have low volatility.
◆ Predicting the turning point of the trend
The probability of a trend reversal occurring Today and approximately 7 days from now, 9 days from now			38%
◆ Forecast of Upper~Lower price range over the next 10 days
Price:	306.34	~	313.14
% Change:	-0.9%	~	1.3%
Median price between the upper and lower prices		309.74	0.2%
◆ Analysis of the trend zone & level% and average strength of trends
For the last 30 days, the average trend zone & level%		Bearish	-22%
The Current trend zone & level%		Bearish	-115%
The expected average trend zone & level% for the next 10 days		Bearish	-102%
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of		37%	(Max 100%)
And if it moves downward, it is expected to have a downward strength of		-40%	(Min -100%)
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW
Trend	Strength%	HIGH	LOW
In 1 day: Rebound trend	50%	2.4%	0.4%
In 2 days: Entering a downtrend	39%	1.1%	-0.5%
In 3 days: Entering a downtrend	-96%	-0.2%	-2.0%
In 4 days: Entering a downtrend	-18%	0.4%	-1.3%
In 5 days: Reversion to a rebound trend	42%	1.0%	-0.2%
In 6 days: Entering a downtrend	34%	0.9%	-0.1%
In 7 days: Entering a downtrend	44%	1.7%	0.1%
In 8 days: Downtrend	17%	0.8%	-0.5%
In 9 days: Entering a rebound trend	-5%	0.1%	-0.6%
In 10 days: Rebound trend	33%	0.9%	-0.1%
◆ Average closing price in case of rising:			1.2%
=> HIGH ~ LOW range:	2.2%	~	-0.4%
◆ Average closing price in case of falling:			-1.3%
=> HIGH ~ LOW range:	0.9%	~	-2.0%
The 10-day forecast and technical analysis of 0700.HK stock are conducted based on the analysis of buy-sell strength by the pretiming method. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.