Why is Edianyun Limited (HKSE: 2416.HK) stock up today?

2416.HK on the HKSE is up +3.70% at $4.48 today, with price action that suggests buying interest.

What moved Edianyun Limited (HKSE: 2416.HK) stock today?

Today's move in 2416.HK on the HKSE came alongside volume +12.40% above average and a day range of $3.95–$4.59.

How much did Edianyun Limited's (HKSE: 2416.HK) volume change today?

2416.HK's volume on the HKSE was 1.13M, +12.40% above its average.

Is Edianyun Limited (HKSE: 2416.HK) breaking a resistance level?

2416.HK on the HKSE is trading above its 50-day MA ($3.24) and above its 200-day MA ($2.94), which points to short-term and long-term strength.

Why Is Edianyun Limited (HKSE: 2416.HK) Stock Down Today?

Live update on 2416.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

2416.HK●HKSE

TechnologyInformation Technology Services

HK$4.48

HK$0.16(3.70%)

Hong Kong Market opens in 3h 38m

2416.HK is Up +3.70% today

You might want to check out Why is 2416.HK Up Today?

Edianyun Limited (HKSE: 2416.HK) Update

Volume

1.13M

↑ 12.00%

Open / Previous Close

$4.32 / $4.32

Day Range (Low / High)

$3.95 - $4.59

Edianyun Limited (HKSE: 2416.HK) Summary

Edianyun Limited (HKSE: 2416.HK) is trading up +3.70% at $4.48, reflecting a positive shift in investor sentiment today. The stock opened at $4.32 and has moved between $3.95 and $4.59 so far.

Trading volume is 1130750, which is 12% above its average, and the price action suggests buying interest.

Technically, 2416.HK on the HKSE is trading above its 50-day moving average of $3.24 and above its 200-day moving average of $2.94, indicating short-term and long-term strength.

Meyka's AI assigns 2416.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -31.25% in 1 month ($3.08), -22.61% in 1 year ($3.47), and +84.22% in 5 years ($8.25).

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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2416.HK (HKSE) Technical Signals

Trading over 50-day moving average ($3.24)

Trading over 200-day moving average ($2.94)

Analyst Recommendations data is not available for 2416.HKAnalyst Recommendations details for 2416.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

$3.08

1 Year

$3.47

3 Years

$5.87

5 Years

$8.25

Good63.00

Is this change significant?

5-Day:+27.27%

1-Month:+17.89%

3-Month:+29.86%

What's next?

Next earnings date: 7/30/2025