Market Overview - The A-share market experienced a decline with the Shanghai Composite Index falling by 0.22% to close at 3380 points, indicating a lack of positive market sentiment as only 80,087 stocks rose while 440,051 stocks fell [1] - The trading volume decreased significantly to 1.14 trillion, showing a clear reduction compared to the previous trading day, which raises concerns about market liquidity [1][2] Technical Analysis - The market is currently facing a technical requirement to break the 5-day moving average, as the index has not maintained sufficient volume over the past five days [2] - There is a double dead cross indicator on the 30-minute level, suggesting a need for technical correction and potential volatility in the near term [2][3] - The 60-day moving average is a critical level to watch, as a drop towards this average could lead to significant market fluctuations and a potential bearish trend if the market fails to recover [3][4] Sector Performance - The Shenzhen index fell by 0.72%, closing near the 5-day moving average, indicating a potential breach in the upcoming trading session [4] - The ChiNext index saw a decline of 0.96%, similarly pressured by the 60-day moving average, suggesting a cautious outlook for growth stocks [4] - The North Star index experienced a notable drop of 6.15%, with 17 stocks hitting the daily limit down, highlighting the risk in high-flying stocks and the need for caution in trading strategies [4]
和讯投顾刘昌松:A股缩量收阴4451家下跌,30分钟级别指标顶背离双死
He Xun Cai Jing·2025-05-22 09:42