What’s the Weiqiao Textile Company Limited Volume being traded?

The Weiqiao Textile Company Limited (2698.HK) shows volume 4.98M being traded in the market.

What was the Weiqiao Textile Company Limited price at day open today?

When the stock market opened today, Weiqiao Textile Company Limited started trading at HK$3.48.

Is it possible to predict the market?

While no one can predict it with absolute certainty, investors and traders have tools at their disposal to make informed estimates about potential market movements. Techniques like technical analysis, including studying stock charts and interpreting trading signals, can provide insights into where the market might be headed.

Weiqiao Textile Company Limited

2698.HK•HKSE

Consumer Cyclical

Apparel - Manufacturers

HK$3.49

HK$0.01(0.29%)

Hong Kong Market opens in 15h 58m

2698.HK is Up +0.29% today

You might want to check out Why is 2698.HK Up Today?

Why Is Weiqiao Textile Company Limited (2698.HK) Stock Down Today?

Live update on 2698.HK's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Volume (Unusual)

4.98M

↑ 125.00%

Open / Previous Close

$3.48 / $3.48

Day Range (Low / High)

$3.48 - $3.49

Summary

Weiqiao Textile Company Limited (2698.HK) is trading up +0.29% at $3.49, reflecting a positive shift in investor sentiment today. The stock opened at $3.48 and has moved between $3.48 and $3.49 so far.

Trading volume is 4976000, which is 125% above its average, and the price action suggests buying interest.

Technically, 2698.HK is trading above its 50-day moving average of $3.44 and above its 200-day moving average of $2.17, indicating short-term and long-term strength.

Meyka's AI assigns 2698.HK a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +106.92% in 1 year ($7.22), and +280.43% in 5 years ($13.28).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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2698.HK Technical Signals

Trading over 50-day moving average ($3.44)

Trading over 200-day moving average ($2.17)

Analyst Recommendations data is not available for 2698.HKAnalyst Recommendations details for 2698.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

N/A

1 Year

$7.22

3 Years

$10.25

5 Years

$13.28

C+

Normal58.00

Is this change significant?

5-Day:N/A

1-Month:+0.29%

3-Month:+2.95%

What's next?

Next earnings date: 7/30/2025