招商银行
600036 · CN
600036 Research Preview
| Metric | Reading |
|---|---|
| Price | CNY 36.83 |
| Daily move | +0.63% |
| Strategy score | 40/100 (Hold) |
| Trend | Bear |
| RSI14 / RSI6 | 45.26 / 52.17 (neutral) |
| MACD (line / signal / hist) | −0.53 / −0.42 / −0.11 (bearish) |
| Estimated support | 35.21 |
| Estimated resistance | 39.88 |
| 30-session range position | +37.90% |
| Data confidence | Medium (technicals full; news/sentiment thin) |
| Indicator | Reading | Interpretation |
|---|---|---|
| MA (5/10/20/60) | 36.25 / 36.53 / 37.54 / 38.15 | Bearish-leaning structure; price −1.90% below MA20. Context flags "bearish alignment," and MA cross scores 10/100 (StrongSell) |
| RSI (14/6) | 45.26 / 52.17 | Neutral momentum; no overbought/oversold extreme (RSI极值 50/100, Hold) |
| MACD | −0.53 / −0.42 / −0.11 | Bearish; below zero line, momentum described as strengthening to the downside (MACD背离 35/100, Sell) |
| KDJ (K/D/J) | 34.62 / 24.38 / 55.10 | Constructive crossover (K above D) - the main counter-signal to the bearish trend |
| Bollinger (U/M/L) | 39.88 / 37.54 / 35.21 | Mid-band zone (~35% of band), band width expanding (布林带 55/100, Hold) |
| ATR14 / ATR14% | 0.83 / +2.27% | Moderate volatility relative to price |
| OBV / 20-session slope | −1,339,293,666 / −33.15% | Distribution pressure visible; volume flow trending down |
| CCI20 | −54.62 | Inside the neutral band |
Confirmed: Bearish trend bias is corroborated by MA alignment, MACD position, and OBV distribution pressure. Conflicted: The KDJ constructive crossover conflicts with the bearish MA/MACD picture; RSI, CCI, and Bollinger position all read neutral, so momentum is not strongly directional. Missing: No provider-level sentiment score; volume vs. 20-session average is −8.97%, and 量价关系 (55/100) notes "price up on shrinking volume" - a lack of confirming buying pressure. No separate custom indicators were supplied beyond those listed.
| Axis | Reading | Source | Confidence |
|---|---|---|---|
| PE | 6.46 | AkShare THS financial abstract | Medium |
| PB | 0.82 | AkShare THS financial abstract | Medium |
| PEG proxy | 2.26 | StockKit scenario model | Medium |
| StockKit fair value range | Bear CNY 65.21 / Base CNY 84.75 / Bull CNY 109.04 | StockKit DCF scenario model | Medium |
| Base fair-value gap | +130.1% | StockKit DCF scenario model | Medium |
| 5Y growth forecast | Bear −3.14% / Base +2.86% / Bull +8.86% | StockKit scenario model | Medium |
| Revenue | CNY 337.53B | AkShare THS financial abstract | Medium |
| Net income | CNY 150.18B | AkShare THS financial abstract | Medium |
| EPS | 5.7 | AkShare THS financial abstract | Medium |
| Book value per share | 44.9 | AkShare THS financial abstract | Medium |
| Net margin | +43.76% | AkShare THS financial abstract | Medium |
Notes: PE trades below 7x and PB below 1.0x (0.82), while reported net margin is +43.76% on the 2025-12-31 income period. The StockKit fair-value range and +130.1% base gap are internally computed DCF scenario outputs, not analyst consensus targets; the PEG proxy of 2.26 is likewise model-derived. These scenario rows warrant lower reliance than the reported statement figures. EV/EBITDA, dividend yield, market cap, and 52-week range were not supplied and are omitted.
Confirmed news:
| Date | Headline | Source | Why it matters |
|---|---|---|---|
| 2026-06-06 | Top 10 Shanghai Stock Exchange Stocks to Watch and Consider Buying in 2026 | Ibtimes.com.au | A general watchlist mention indicating the name is in third-party market coverage; it carries no company-specific operational or earnings information and should not be read as a fundamental catalyst |
Missing data: No supplied earnings dates, dividend announcements, regulatory filings, or company-specific operational news. Catalyst analysis is therefore low confidence - no dated forward catalysts are present in the dataset.
| Source | Status | Reading | Confidence |
|---|---|---|---|
| NewsAPI headline coverage | 1 headline | Ibtimes.com.au x1 | Low |
| Social sentiment | Not connected | No social sentiment conclusion drawn | Low |
No provider-level sentiment score was returned for this symbol. Social channels (Reddit, X, StockTwits, local forums) are not connected and are excluded from analysis. Sentiment read is low confidence and should not drive positioning.
| Scenario | Trigger condition | What would confirm it | What would invalidate it |
|---|---|---|---|
| **Base** | Range-bound behavior between support 35.21 and MA20 37.54 | RSI holding neutral (~45), price oscillating within the mid-Bollinger zone (~35% of band); score staying near 40/100 Hold | Decisive break beyond either 35.21 or 39.88 on expanding volume |
| **Upside** | Reclaim of MA20 37.54, KDJ crossover (K 34.62 > D 24.38) extending higher | Move toward resistance 39.88 with OBV slope turning up from −33.15%; MACD histogram narrowing toward zero | Rejection at MA20 and OBV distribution pressure continuing lower |
| **Downside** | Loss of estimated support 35.21 (also lower Bollinger band and near 30-session low 35.28) | Break below 35.21 with volume above the 20-session average (currently −8.97%); MACD momentum extending below zero | Reclaim of MA5 36.25 and stabilization above the mid-band |
| Risk | Evidence | Trigger | Monitoring action |
|---|---|---|---|
| Trend continuation lower | Bearish MA alignment; MA cross 10/100 StrongSell; MACD −0.53 below zero | Break below support 35.21 | Watch daily close vs. 35.21 and MACD histogram direction |
| Distribution / weak participation | OBV −1.34B, 20-session slope −33.15%; volume −8.97% vs. average; "price up on shrinking volume" | OBV slope steepening while price rises | Track OBV slope and volume vs. 20-session average of 93.72M |
| Valuation model over-reliance | Fair-value range and PEG are StockKit scenario outputs, not consensus | Treating +130.1% gap as a target | Cross-check against reported PE 6.46 / PB 0.82 fundamentals |
| Thin news/sentiment coverage | Only 1 headline; social not connected | New material news the dataset does not capture | Re-run coverage before acting; treat catalyst view as low confidence |
| Volatility gaps | ATR14% +2.27% | Intraday swings widening beyond ATR | Size around ATR of 0.83 when framing watch levels |
1. Support 35.21 - daily closes above/below; coincides with lower Bollinger band and 30-session low (35.28). 2. MA20 37.54 - reclaim would be the first easing of bearish structure (price currently −1.90% below). 3. MACD histogram (−0.11) - watch for narrowing toward zero vs. further negative expansion. 4. KDJ crossover follow-through - confirm whether K (34.62) sustains above D (24.38). 5. OBV 20-session slope (−33.15%) - look for stabilization/turn to validate any price rise. 6. Volume vs. 20-session average (−8.97%) - confirm whether moves come on expanding participation. 7. Resistance 39.88 / upper Bollinger band - cap on any upside attempt.
This brief is a public-facing technical and quantitative research preview generated from the supplied dataset only; it is not personalized investment advice and makes no promise or guarantee of returns. All levels are watch levels, not instructions to trade. Fair-value ranges, PEG proxy, and growth forecasts are StockKit scenario-model outputs computed from public financial history and are not analyst consensus targets. Reported financials are sourced from AkShare THS financial abstract (income period 2025-12-31). News and sentiment coverage is thin (1 headline; social sentiment not connected), so catalyst and sentiment conclusions are low confidence. Verify with primary disclosures before making any decision.
MA5<MA20死叉，空头排列
MACD死叉，MACD在零轴下方，动能增强
RSI14=45中性
在通道中部，带宽扩张中
价涨量缩，上涨力度不足
Top 10 Shanghai Stock Exchange Stocks to Watch and Consider Buying in 2026
Ibtimes.com.au · 2026-06-06
Research boundary
StockKit organizes market data and model output for research workflows. It does not provide personalized advice or trade instructions. Verify important information with primary sources before any investment decision.