English
Back
Open Account
Good news from the Middle East! Trump says a U.S.-Iran deal is largely finalized
港股窩輪Jenny
joined discussion ·

Geely Auto hits a new high against the market trend; is the short-term momentum sustainable?

$GEELY AUTO (00175.HK)$
The total vehicle sales for March 2026 were announced at 233,031 units, flat compared to the same period last year. Among them, Zeekr sales reached 29,318 units, a significant year-over-year increase of 90%, while Lynk & Co sold 25,426 units, up 1% year-over-year. Geely Auto's stock price surged over 5%, hitting a high of HKD 23.3, breaking its previous peak. Currently, the stock is consolidating around the first resistance level of HKD 23. If it can successfully break through, the next target will be HKD 25.1. The support levels below are located at HKD 19.9 and HKD 17.6, which will be the critical defensive areas determining whether this upward trend can continue.
Observing a series of technical indicators, market signals present a complex mixed state, adding variability to the short-term trend. Multiple momentum indicators are showing positive signals; for example, the Commodity Channel Index (CCI) issued a buy signal, and the Momentum Oscillator also indicates improving momentum, corroborating the breakout in price movement. However, behind the optimistic data, we must be cautious of several critical risk warnings. First, the Relative Strength Index (RSI) has risen to a high of 79, entering the overbought zone, which typically suggests that prices may be overheated in the short term, with pressure for a technical correction. More critically, the Stochastic Oscillator and Williams %R both show preliminary signs of 'top divergence,' meaning that while prices have hit recent highs, some momentum indicators have failed to keep pace, signaling a potential weakening that warrants close attention. Additionally, while the MACD indicator shows a buy signal, the Rate of Change (ROC) indicator issues a sell signal, indicating that market participants are divided on the sustainability of the upward momentum.
In summary, Geely Auto's short-term technical picture has clearly strengthened due to the significant rise, breaking through the moving average system and challenging key resistance levels. However, the nearly unanimous overbought condition and initial signs of top divergence pose the main concern within the current bullish setup. This implies that the risk of buying at higher prices is rapidly accumulating. For professional investors, the current price level is not an ideal point for establishing new long positions. A more prudent strategy would be to wait for two scenarios: either the stock price breaks strongly above the HK$23 resistance with volume and stabilizes, thus resolving the divergence risk, or the stock experiences a technical pullback and finds effective support near HK$19.9 or the 10-day moving average before considering any buying opportunities. In conclusion, the market is signaling 'stay vigilant amidst strength.' In the tug-of-war between trend confirmation and momentum exhaustion, patiently waiting for clearer trading opportunities is the best course of action.
Geely’s current technical indicators summarize to a 'sell' signal, with a technical indicator signal strength of 10; as for other auto stocks, $GAC GROUP (02238.HK)$ Breaking above the 5-day moving average, technical indicators summarize to a 'strong buy' signal, with a technical indicator signal strength of 12; $GWMOTOR (02333.HK)$ Testing the 60-day moving average (HK$13.19), technical indicators summarize to a 'buy' signal, with a technical indicator signal strength of 8; $LEAPMOTOR (09863.HK)$ Hit a new high for the year, technical indicators summarize to "sell", with a signal strength of 9. $BYD COMPANY (01211.HK)$ Fell below the 10-day moving average, technical indicators summarize to "buy", with a signal strength of 7.
$GEELY AUTO (00175.HK)$ The total vehicle sales for March 2026 were announced at 233,031 units, flat compared to the same period last year. Among them, Zeekr sales reached 29,318 units, a significant year-over-year increase of 90%, while Lynk & Co sold 25,426 units, up 1% year-over-year. Geely Auto's stock price surged over 5%, hitting a high of HKD 23.3, breaking its previous peak. Currently, the stock is consolidating around the first resistance level of HKD 23. If it can successfully break through, the next target will be HKD 25.1. The support levels below are located at HKD 19.9 and HKD 17.6, which will be the critical defensive areas determining whether this upward trend can continue. Observing a series of technical indicators, market signals present a complex mixed state, adding variability to the short-term trend. Multiple momentum indicators are showing positive signals; for example, the Commodity Channel Index (CCI) issued a buy signal, and the Momentum Oscillator also indicates improving momentum, corroborating the breakout in price movement. However, behind the optimistic data, we must be cautious of several critical risk warnings. First, the Relative Strength Index (RSI) has risen to a high of 79, entering the overbought zone, which typically suggests that prices may be overheated in the short term, with pressure for a technical correction. More critically, the Stochastic Oscillator and Williams %R both show preliminary signs of 'top divergence,' meaning that while prices have hit recent highs, some momentum indicators have failed to keep pace, signaling a potential weakening that warrants close attention. Additionally, while the MACD indicator shows a buy signal, the Rate of Change (ROC) indicator issues a sell signal, highlighting...
$GEELY AUTO (00175.HK)$ The total vehicle sales for March 2026 were announced at 233,031 units, flat compared to the same period last year. Among them, Zeekr sales reached 29,318 units, a significant year-over-year increase of 90%, while Lynk & Co sold 25,426 units, up 1% year-over-year. Geely Auto's stock price surged over 5%, hitting a high of HKD 23.3, breaking its previous peak. Currently, the stock is consolidating around the first resistance level of HKD 23. If it can successfully break through, the next target will be HKD 25.1. The support levels below are located at HKD 19.9 and HKD 17.6, which will be the critical defensive areas determining whether this upward trend can continue. Observing a series of technical indicators, market signals present a complex mixed state, adding variability to the short-term trend. Multiple momentum indicators are showing positive signals; for example, the Commodity Channel Index (CCI) issued a buy signal, and the Momentum Oscillator also indicates improving momentum, corroborating the breakout in price movement. However, behind the optimistic data, we must be cautious of several critical risk warnings. First, the Relative Strength Index (RSI) has risen to a high of 79, entering the overbought zone, which typically suggests that prices may be overheated in the short term, with pressure for a technical correction. More critically, the Stochastic Oscillator and Williams %R both show preliminary signs of 'top divergence,' meaning that while prices have hit recent highs, some momentum indicators have failed to keep pace, signaling a potential weakening that warrants close attention. Additionally, while the MACD indicator shows a buy signal, the Rate of Change (ROC) indicator issues a sell signal, highlighting...
As Geely Auto's stock price rose for two consecutive days, the trading volumes of its derivatives showed structural divergence. The trading volume of call warrants initially increased slightly before retreating; it was 102.92 million units on March 30, slightly rose to 103.11 million units on March 31, and then dropped sharply to 90.64 million units on April 1. Over three days, the cumulative decrease was 12.28 million units, a drop of 11.93%, indicating profit-taking signs among short-term bullish sentiment amid the rising stock price. The trading volume of put warrants first decreased, then increased: it was 81 million units on March 30, fell to 72.28 million units on March 31, and rebounded to 81.9 million units on April 1. Over three days, it cumulatively increased by 0.9 million units, remaining stable overall, reflecting no significant inflow or outflow of bearish funds. The trading volume of bull contracts fluctuated slightly, dropping from 24.82 million units on March 30 to 22.39 million units on March 31, then slightly rising to 23.12 million units on April 1, with an accumulated reduction of 1.7 million units, a decrease of 6.85%. The trading volume of bear contracts also first dropped, then rose, from 16.39 million units down to 11.21 million units before rebounding to 12.28 million units, with an accumulated reduction of 4.11 million units, a drop of 25.08%. Overall, the changes in trading volumes show little market divergence regarding Geely Auto’s future trend, with warrant funds mainly focusing on short-term trades and leveraged funds leaning toward observation.
If you are optimistic about Geely Auto's future performance, consider $UBGEELY@EC2606A.C (21015.HK)$ , with an exercise price of 24.77 yuan, offering approximately 7.7x leverage. Its relatively higher leverage makes it suitable for investors willing to take on more risk to capture potential upside. Another option is $BIGEELY@EC2606A.C (20970.HK)$ , also with an exercise price of 24.77 yuan and about 8x leverage. This warrant has the lowest premium among similar products, and its implied volatility and leverage levels are fairly ideal, making it cost-effective for bullish strategies. For those who expect downside movement, $UBGEELY@EP2610A.P (27780.HK)$ has an exercise price of 16.99 yuan, with actual leverage of approximately 3.9x. It offers the lowest premium among put warrants and relatively high actual leverage, making it useful as a tool for bearish bets or hedging when expecting downward adjustments in the stock price.
For products with even higher leverage effects, one can look at bull contracts such as $BP#GEELYRC2607A.C (55437.HK)$ , with a stop-loss price of 14.9 yuan and leverage of around 2.76x. This contract has the lowest premium and the highest actual leverage. As for bear contracts, there are two options: $SG#GEELYRP2812C.P (56696.HK)$ with a stop-loss price of 24 yuan and leverage of around 12.72x, this warrant has the lowest premium and relatively high actual leverage, making it suitable for short-term bearish positions; and $UB#GEELYRP2612F.P (68190.HK)$ The call price is set at HK$26, with a leverage of approximately 7.7 times. Its key feature is that it has the furthest distance from the call level, offering a larger buffer zone, making it relatively suitable for more cautious bearish strategies.
$GEELY AUTO (00175.HK)$ The total vehicle sales for March 2026 were announced at 233,031 units, flat compared to the same period last year. Among them, Zeekr sales reached 29,318 units, a significant year-over-year increase of 90%, while Lynk & Co sold 25,426 units, up 1% year-over-year. Geely Auto's stock price surged over 5%, hitting a high of HKD 23.3, breaking its previous peak. Currently, the stock is consolidating around the first resistance level of HKD 23. If it can successfully break through, the next target will be HKD 25.1. The support levels below are located at HKD 19.9 and HKD 17.6, which will be the critical defensive areas determining whether this upward trend can continue. Observing a series of technical indicators, market signals present a complex mixed state, adding variability to the short-term trend. Multiple momentum indicators are showing positive signals; for example, the Commodity Channel Index (CCI) issued a buy signal, and the Momentum Oscillator also indicates improving momentum, corroborating the breakout in price movement. However, behind the optimistic data, we must be cautious of several critical risk warnings. First, the Relative Strength Index (RSI) has risen to a high of 79, entering the overbought zone, which typically suggests that prices may be overheated in the short term, with pressure for a technical correction. More critically, the Stochastic Oscillator and Williams %R both show preliminary signs of 'top divergence,' meaning that while prices have hit recent highs, some momentum indicators have failed to keep pace, signaling a potential weakening that warrants close attention. Additionally, while the MACD indicator shows a buy signal, the Rate of Change (ROC) indicator issues a sell signal, highlighting...
Geely Auto hit another new high today. Do you think it can further challenge the HK$25 mark? The March auto sales results are out, showing mixed performances among auto stocks. Which stock do you favor for subsequent performance? Feel free to share your insights in the comment section. For more market analysis, stay tuned to 'HK Stock Warrants Jenny' for daily updates!
Reminder: This article does not constitute any investment advice.
This article is for reference only and does not constitute any investment advice. Market data, opinions, and analyses contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met, and asset performance should be comprehensively evaluated in conjunction with other information. Trading decisions should not be made solely based on this article. Please note that past performance is not indicative of future results. $Hang Seng Index (800000.HK)$$Hang Seng TECH Index (800700.HK)$$Automobiles (LIST1040.HK)$
#HKStocks #RealTimeAnalysis #WarrantPick #WarrantGuide #DerivativesHedging #HKWarrantsJenny #Geely #00175 #AutomotiveStock
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Thumbs Up
1
224K Views
Report
Comments (2)
Write a Comment...
2
1