Why is Weichai Power Co., Ltd. (HKSE: 2338.HK) stock down today?

2338.HK on the HKSE is down -5.75% at $31.50 today, with price action that suggests selling interest.

What moved Weichai Power Co., Ltd. (HKSE: 2338.HK) stock today?

Today's move in 2338.HK on the HKSE came alongside volume -3.19% below average and a day range of $30.90–$31.76.

How much did Weichai Power Co., Ltd.'s (HKSE: 2338.HK) volume change today?

2338.HK's volume on the HKSE was 17.31M, -3.19% below its average.

Is Weichai Power Co., Ltd. (HKSE: 2338.HK) breaking a resistance level?

2338.HK on the HKSE is trading below its 50-day MA ($34.69) and above its 200-day MA ($30.13), which points to mixed moving-average signals.

Why Is Weichai Power Co., Ltd. (HKSE: 2338.HK) Stock Up Today?

Live update on 2338.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

2338.HK●HKSE

Consumer CyclicalAuto - Parts

HK$31.50

HK$1.92(5.75%)

Hong Kong Market opens in 6h 5m

2338.HK is Down -5.75% today

You might want to check out Why is 2338.HK Down Today?

Weichai Power Co., Ltd. (HKSE: 2338.HK) Update

Volume

17.31M

↓ 3.00%

Open / Previous Close

$31.18 / $33.42

Day Range (Low / High)

$30.90 - $31.76

Weichai Power Co., Ltd. (HKSE: 2338.HK) Summary

Weichai Power Co., Ltd. (HKSE: 2338.HK) is trading down -5.75% at $31.50, reflecting a negative shift in investor sentiment today. The stock opened at $31.18 and has moved between $30.90 and $31.76 so far.

Trading volume is 17314533, which is 3% below its average, and the price action suggests selling interest.

Technically, 2338.HK on the HKSE is trading below its 50-day moving average of $34.69 and above its 200-day moving average of $30.13, indicating short-term weakness but long-term strength.

Meyka's AI assigns 2338.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +8.44% in 1 month ($34.16), +32.96% in 1 year ($41.88), and +268.81% in 5 years ($116.17).

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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2338.HK (HKSE) Technical Signals

Trading below 50-day moving average ($34.69)

Trading over 200-day moving average ($30.13)

Analyst Recommendations data is not available for 2338.HKAnalyst Recommendations details for 2338.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

$34.16

1 Year

$41.88

3 Years

$79.07

5 Years

$116.17

Good68.00

Is this change significant?

5-Day:-11.17%

1-Month:-6.81%

3-Month:-24.17%

What's next?

Next earnings date: 7/30/2025