Technical Forecast | SHOUCHENG Group (697.HK) had a golden cross yesterday, indicating a potential short-term upward fluctuation

SHOUCHENG Holdings Group (697.HK) closed yesterday with the MACD daily line showing an initial golden cross, marking the first right-side bullish signal after recent low-level fluctuations. In terms of price, the 5-day and 10-day moving averages have stopped falling and flattened out from their recent lows, indicating that bullish positioning is gradually emerging in the market. Meanwhile, although the trading volume has not significantly increased, it has gently rebounded, with both technical and capital aspects suggesting a tendency for short-term recovery.

In the industry context, benefiting from the warming of real estate and infrastructure policies, the external atmosphere for logistics and related sectors has improved, and some cautious funds are beginning to gradually position themselves. Currently, there are no significant negative news, and combined with the market's stable yet slightly warm performance, the main capital's style is becoming more rational and cautious. Overall capital pressure has decreased, providing realistic support for the MACD golden cross.

In the short term, it is crucial to monitor whether the stock price can consistently stay above the 10-day moving average and whether subsequent volume can support this upward movement. If there is a gentle increase in volume during trading, there is a basis for further upward expansion; if it falls below the short-term support level or encounters selling pressure, caution should be exercised regarding the weakening of upward momentum and increased downward pressure.

Subsequently, attention should continue to be paid to the stock price's performance near the short-term moving averages and changes in trading volume. If the volume-price relationship is favorable, the stock price is expected to maintain an active trend; if support fails or market sentiment weakens, it may face adjustment pressure again.

In the current market environment, it is recommended that investors remain cautious, view market fluctuations rationally, and avoid blindly chasing trades. Emphasis should be placed on position management and risk control, making prudent decisions based on one's own risk tolerance. It should be noted that technical signals will dynamically adjust with market changes; if macro sentiment weakens or intraday trends reverse, previously bullish signals may also become invalid. Investors should closely monitor market conditions and policy trends, flexibly responding to potential fluctuations and retracement risks