0388.HK. Hong Kong Exchanges and Clearing Limited (0388.HK) stock for the next 10-Week forecast and technical analysis.

0388.HK 10-Week forecast and technical analysis by Pretiming.
◆ Closed price
May 29, 2023	302.40	2.86%
◆ Appropriate Investment Position: Buy and Hold
◆ This week's stock price Buy-Sell strength analysis
The current trend appears to be 'Rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a stronger LOW-price Finally, the CLOSE-price closed with a suitable upward rate for the current trend.
The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.
Assuming that the average buy strength is 100%,
This week's buy strength is	59%
◆ Next week's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like 0388.HK stock is poised for a Rebound trend next week
The %strength of Risk & Return next week :			50%
HIGH ~ LOW % range next week :		6.5%	-1.6%
Predicted Average return over the next 3 weeks:			5.0%
The price of 0388.HK stock moves in line with the rise and fall of the stock market index with a probability of		80%
, and conversely, it moves against the stock market index trend with a probability of		20%
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-week forecast may also change.
◆ 0388.HK stock price 10 Week forecast
It is expected that the overall trend movement over the next 10 weeks will follow a strong upward direction, with a ratio of 1 : 9 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 in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward 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 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be this week or next week.
The buying date is	Jun 05
A good price to buy a stock:		$ 300.41
And the appropriate selling timing is predicted to be in 2 weeks.
The selling date is	Jun 05	to	Jun 12
A good price to sell a stock:		$ 343.44
(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 approximately 5 weeks from now, 9 weeks from now			36%
◆ Forecast of Upper~Lower price range over the next 10 weeks
Price:	290.30	~	376.81
% Change:	-4.0%	~	24.6%
Median price between the upper and lower prices		333.56	10.3%
◆ Analysis of the trend zone & level% and average strength of trends
For the last 30 weeks, the average trend zone & level%		Bullish	20%
The Current trend zone & level%		Bearish	-113%
The expected average trend zone & level% for the next 10 weeks		Bullish	35%
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of		49%	(Max 100%)
And if it moves downward, it is expected to have a downward strength of		-36%	(Min -100%)
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW
Trend	Strength%	HIGH	LOW
In 1 week: Rebound trend	50%	6.5%	-1.6%
In 2 weeks: Rebound trend	50%	6.6%	-1.6%
In 3 weeks: Entering a correction trend	-46%	0.5%	-5.4%
In 4 weeks: Entering a correction trend	-12%	1.1%	-0.5%
In 5 weeks: Reversion to an uptrend	31%	3.4%	-0.6%
In 6 weeks: Uptrend	78%	6.1%	0.1%
In 7 weeks: Uptrend	85%	6.1%	0.3%
In 8 weeks: Uptrend	40%	3.9%	-0.8%
In 9 weeks: Entering a correction trend	6%	3.1%	-1.2%
In 10 weeks: Correction trend	-50%	1.2%	-5.9%
◆ Average closing price in case of rising:			3.5%
=> HIGH ~ LOW range:	5.2%	~	-2.3%
◆ Average closing price in case of falling:			-3.1%
=> HIGH ~ LOW range:	1.6%	~	-4.6%
Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.