HK$0.56 Yusei Holdings (0096.HK) intraday oversold bounce: target HK$0.62–0.65
The 0096.HK stock sits at HK$0.56 intraday after touching a low of HK$0.55, setting a classic oversold bounce setup. Price trades below the 50-day average HK$0.58 and shows very low volume at 2,000.00 shares. Short-term indicators point to oversold conditions, so traders may watch a sharp rebound to resistance near HK$0.62–0.65.
0096.HK stock intraday price snapshot
Yusei Holdings Limited (0096.HK) on the HKSE trades at HK$0.56 with a day low of HK$0.55 and a day high of HK$0.56. Market cap stands at HK$356468000.00 and shares outstanding are 636550000.00. Volume is a light 2000.00, against an average of 52773.00, flagging a thin, headline-sensitive tick.
Technical setup and oversold signals
Momentum and money-flow readings show oversold pressure. The MFI registers 0.43, Williams %R sits at -83.33, and ROC is -8.20%, pointing to short-term exhaustion. Price sits below the 50-day and 200-day averages of HK$0.5784 and HK$0.5820 respectively, so a mean-reversion bounce toward those averages is plausible.
Fundamentals, valuation and Meyka grade
Yusei’s trailing EPS is HK$0.16 and its PE ratio is 3.50, while PB sits near 0.32, suggesting value on paper. Meyka AI rates 0096.HK with a score out of 100: 68.11, Grade B — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Sector context, catalysts and risks
Yusei operates in the Consumer Cyclical Auto – Parts sector, where YTD performance is modest. A recovery in branded auto parts demand would support margins. Key risks include working-capital pressure, interest coverage of 0.80, and receivables days at 141.08, which could limit any sustained rally.
Meyka AI’s forecast model projects short-term levels
Meyka AI’s forecast model projects a monthly level of HK$0.65, a quarterly level of HK$0.62, and a yearly level of HK$0.61. Versus the current HK$0.56, the monthly projection implies an upside of 16.07%. Forecasts are model-based projections and not guarantees.
Trade plan for an intraday oversold bounce
A measured intraday plan: consider entries between HK$0.55 and HK$0.56, place a tight stop below the year low HK$0.51, and take partial profits near HK$0.62 and HK$0.65. Watch for rising volume above 52,773.00 average as confirmation. Size positions small given low liquidity and thin order books.
Final Thoughts
Quick take: the 0096.HK stock shows a clean oversold bounce opportunity at HK$0.56, backed by extreme MFI and Williams %R readings. Valuation metrics are attractive, with a PE of 3.50 and PB near 0.32, but working capital strain and weak interest coverage add medium-term risk. Meyka AI’s forecast model projects HK$0.65 monthly, implying a 16.07% upside from the current price. Traders should look for higher volume to confirm the bounce and keep stops tight below HK$0.51. These data-driven steps are consistent with an intraday oversold-bounce strategy, and Meyka AI provides the market model and grade to frame risk-reward. Forecasts are model-based projections and not guarantees.
FAQs
Is 0096.HK stock a buy after this intraday dip?
0096.HK stock shows a short-term bounce setup, but our Meyka grade is B with a HOLD suggestion. Consider small, tactical positions only after volume confirms the rebound and use a stop near HK$0.51.
What are realistic intraday targets for 0096.HK stock?
Short-term targets are HK$0.62 and HK$0.65, aligned with the 50/200-day averages and Meyka’s monthly forecast. Scale out on strength and monitor volume for confirmation.
Which risks should traders watch for 0096.HK stock today?
Key risks include low liquidity, working-capital pressure, and weak interest coverage at 0.80. Any negative news on orders could push the stock back toward the year low of HK$0.51.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.