2318.HK. Ping An Insurance (Group) Company of China, Ltd. (2318.HK) stock for the next 10-Week forecast and technical analysis.

2318.HK 10-Week forecast and technical analysis by Pretiming.
◆ Closed price
May 29, 2023	51.55	0.78%
◆ Appropriate Investment Position: Sell
◆ This week'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 stronger LOW-price Finally, the CLOSE-price closed with a weaker upward 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%,
This week's sell strength is	-137%
◆ Next week's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like 2318.HK stock will enter a Rebound trend next week
The %strength of Risk & Return next week :			29%
HIGH ~ LOW % range next week :		3.2%	-1.7%
Predicted Average return over the next 3 weeks:			7.1%
The price of 2318.HK stock moves in line with the rise and fall of the stock market index with a probability of		78%
, and conversely, it moves against the stock market index trend with a probability of		22%
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.
◆ 2318.HK stock price 10 Week forecast
It is expected that the overall trend movement over the next 10 weeks will follow a sideways box pattern, with a ratio of 7 : 3 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is somewhat higher, while the upward 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 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be in 4 weeks.
The selling date is	Jun 19	to	Jun 26
A good price to sell a stock:		$ 54.86
And the appropriate buying timing is predicted to be in 9 weeks.
The buying date is	Jul 24	to	Jul 31
A good price to buy a stock:		$ 47.66
(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 2 weeks from now, 4 weeks from now, 9 weeks from now			64%
◆ Forecast of Upper~Lower price range over the next 10 weeks
Price:	47.47	~	53.88
% Change:	-7.9%	~	4.5%
Median price between the upper and lower prices		50.67	-1.7%
◆ Analysis of the trend zone & level% and average strength of trends
For the last 30 weeks, the average trend zone & level%		Bullish	35%
The Current trend zone & level%		Bearish	-40%
The expected average trend zone & level% for the next 10 weeks		Bearish	-65%
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		-59%	(Min -100%)
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW
Trend	Strength%	HIGH	LOW
In 1 week: Entering a rebound trend	29%	3.2%	-1.7%
In 2 weeks: Entering a rebound trend	-1%	2.5%	-1.2%
In 3 weeks: Rebound trend	35%	4.6%	-0.3%
In 4 weeks: Entering a downtrend	25%	3.9%	-1.6%
In 5 weeks: Downtrend	-100%	0.6%	-7.1%
In 6 weeks: Downtrend	-78%	1.4%	-4.4%
In 7 weeks: Entering a rebound trend	-88%	0.1%	-5.7%
In 8 weeks: Entering a rebound trend	47%	6.0%	-0.5%
In 9 weeks: Entering a rebound trend	-27%	1.6%	-1.5%
In 10 weeks: Rebound trend	50%	7.3%	-2.2%
◆ Average closing price in case of rising:			3.4%
=> HIGH ~ LOW range:	5.5%	~	-3.2%
◆ Average closing price in case of falling:			-4.0%
=> HIGH ~ LOW range:	1.8%	~	-5.4%
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.