Why does stock go up?

Stock prices fluctuate based on supply and demand. When more people want to buy a stock than sell it, the price rises. Conversely, if more people want to sell than buy, the price drops.

What does it show when a stock's price increases?

A rising stock price can reflect lower interest rates, which boost spending and investment. It can also indicate positive investor sentiment due to events like elections, new products, or easing geopolitical tensions.

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Chart periods like 1d, 1wk, 1m, 3m, 6m, 1y, ytd, and max represent different historical timeframes. They help analyze short-term movements and long-term trends.

How often is the chart data updated?

The 1-day view updates in real-time during market hours. Other periods update at the end of each trading day.

HK Asia Holdings Limited

1723.HK•HKSE

Communication ServicesTelecommunications Services

$3.28

$-0.32(-8.89%)

1723.HK is Down -8.89% today

You might want to check out Why is 1723.HK Down Today?

Why Is HK Asia Holdings Limited (1723.HK) Stock Up Today?

Live update on 1723.HK's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Volume

1.64M

↓ 4.00%

Open / Previous Close

$3.79 / $3.60

Day Range (Low / High)

$3.28 - $3.79

Summary

HK Asia Holdings Limited (1723.HK) is trading down -8.89% at $3.28, reflecting a negative shift in investor sentiment today. The stock opened at $3.79 and has moved between $3.28 and $3.79 so far.

Trading volume is 1643000, which is 4% below its average, and the price action suggests selling interest.

Technically, 1723.HK is trading below its 50-day moving average of $4.60 and above its 200-day moving average of $1.87, indicating short-term weakness but long-term strength.

Meyka's AI assigns 1723.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +3.66% in 1 month ($3.40), -96.17% in 1 year ($0.13), and -96.87% in 5 years ($0.10).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

1723.HK Technical Signals

Trading below 50-day moving average ($4.60)

Trading over 200-day moving average ($1.87)

Analyst Recommendations data is not available for 1723.HKAnalyst Recommendations details for 1723.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

$3.40

1 Year

$0.13

3 Years

$0.11

5 Years

$0.10

Good64.00

Is this change significant?

5-Day:-16.74%

1-Month:-23.09%

3-Month:+706.32%

What's next?

Next earnings date: 7/30/2025