Why is Raymond Industrial Limited (HKSE: 0229.HK) stock down today?

0229.HK on the HKSE is down -1.28% at $0.77 today, with price action that suggests selling interest.

What moved Raymond Industrial Limited (HKSE: 0229.HK) stock today?

Today's move in 0229.HK on the HKSE came alongside volume +20.06% above average and a day range of $0.77–$0.81.

How much did Raymond Industrial Limited's (HKSE: 0229.HK) volume change today?

0229.HK's volume on the HKSE was 95.00K, +20.06% above its average.

Is Raymond Industrial Limited (HKSE: 0229.HK) breaking a resistance level?

0229.HK on the HKSE is trading below its 50-day MA ($0.82) and below its 200-day MA ($0.89), which points to short-term and long-term weakness.

Why Is Raymond Industrial Limited (HKSE: 0229.HK) Stock Up Today?

Live update on 0229.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

0229.HK●HKSE

Consumer CyclicalFurnishings, Fixtures & Appliances

HK$0.77

HK$0.01(1.28%)

Hong Kong Market is Open · 12:02

0229.HK is Down -1.28% today

You might want to check out Why is 0229.HK Down Today?

Raymond Industrial Limited (HKSE: 0229.HK) Update

Volume

95.00K

↑ 20.00%

Open / Previous Close

$0.78 / $0.78

Day Range (Low / High)

$0.77 - $0.82

Raymond Industrial Limited (HKSE: 0229.HK) Summary

Raymond Industrial Limited (HKSE: 0229.HK) is trading down -1.28% at $0.77, reflecting a negative shift in investor sentiment today. The stock opened at $0.78 and has moved between $0.77 and $0.82 so far.

Trading volume is 95000, which is 20% above its average, and the price action suggests selling interest.

Technically, 0229.HK on the HKSE is trading below its 50-day moving average of $0.82 and below its 200-day moving average of $0.89, indicating short-term and long-term weakness.

Meyka's AI assigns 0229.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +15.58% in 1 month ($0.89), +7.39% in 1 year ($0.83), and -8.65% in 5 years ($0.70).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the HKSE.
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0229.HK (HKSE) Technical Signals

Trading below 50-day moving average ($0.82)

Trading below 200-day moving average ($0.89)

Analyst Recommendations data is not available for 0229.HKAnalyst Recommendations details for 0229.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.89

1 Year

$0.83

3 Years

$0.76

5 Years

$0.70

Good67.00

Is this change significant?

5-Day:-2.53%

1-Month:-7.23%

3-Month:-13.48%

What's next?

Next earnings date: 7/30/2025