StockKit ResearchEQUITY RESEARCH BRIEF
688981 · CN · Cached
Generated 2026-09-06 18:44 UTC
中芯国际
688981 · CN
¥121.14
-2.20%
Technical posture
Neutral
Strategy score
52 / 100
Trend
consolidation
Data confidence
Medium
Research view
688981 Research Preview
1. Bottom line
- 688981 (中芯国际) is trading at 121.14, with a current daily move of -2.20%.
- The StockKit strategy score is 52/100, creating a neutral research posture with mixed alignment (ma5 > ma10 > ma20 > ma60).
- The most important near-term watch zone is support at 117.90 and resistance at 135.23; price is +2.67% from support and +11.63% from resistance.
2. Key data snapshot
| Item | Reading | Interpretation |
|---|---:|---|
| Current price | 121.14 | Daily move -2.20% |
| Strategy score | 52/100 | Hold, trend: consolidation |
| MA structure | Mixed alignment (MA5 > MA10 > MA20 > MA60) | The short-term moving average is below the medium-term moving average, so the trend still needs repair. |
| RSI14 | 41.42 | Soft but not washed out |
| MACD | 0.19 histogram | Bullish MACD configuration |
| Support / resistance | 117.90 / 135.23 | Watch these levels for confirmation or failure |
| 30-session range | 115.21 / 146.50 | Price sits at +18.95% of the range |
| Volume check | -26.96% vs 20D avg | Confirmation quality depends on volume follow-through |
| ATR14 / price | +3.79% | Proxy for short-term volatility risk |
3. Technical indicator panel
- Trend: The short-term moving average is below the medium-term moving average, so the trend still needs repair.
- Momentum: RSI14 is not giving an extreme signal, so confirmation from price structure matters more than momentum alone.
- MACD: histogram is 0.19, while MACD line / signal are -3.06 / -3.24.
- KDJ: K / D / J are 42.35 / 45.56 / 35.92; KDJ soft or still repairing.
- Bollinger: Near lower band (19% of band); upper / middle / lower are 135.23 / 126.56 / 117.90.
- ATR / OBV / CCI: ATR14 is 4.59 (+3.79% of price), OBV slope is -8.45%, and CCI20 is -92.93.
- Levels: estimated support / resistance are 117.90 / 135.23; recent 30-session range is 115.21 / 146.50.
4. Valuation matrix
| Axis | Reading | Source | Confidence |
|---|---|---|---|
| PE | 192.29 | AkShare THS financial abstract | Medium |
| PB | 6.05 | AkShare THS financial abstract | Medium |
| PEG proxy | N/A | StockKit scenario model | Low |
| StockKit fair value range | Bear CNY 5.79 / Base CNY 6.94 / Bull CNY 9.03 | StockKit DCF scenario model | Medium |
| Base fair-value gap | -94.3% | StockKit DCF scenario model | Medium |
| 5Y growth forecast | Bear -8.00% / Base -4.00% / Bull +2.00% | StockKit scenario model | Medium |
| Revenue | CNY 67.32B | AkShare THS financial abstract | Medium |
| Net income | CNY 5.04B | AkShare THS financial abstract | Medium |
| EPS | 0.63 | AkShare THS financial abstract | Medium |
| Book value per share | 20.03 | AkShare THS financial abstract | Medium |
| Gross margin | +23.16% | AkShare THS financial abstract | Medium |
| Net margin | +16.67% | AkShare THS financial abstract | Medium |
Notes: - AkShare report period used for income data: 2025-12-31. - PEG and fair-value range are StockKit scenario outputs computed from public financial history; they are not analyst consensus targets.
5. News and catalyst timeline
1. 中芯國際Q2營收首破30億美元、淨利年增3.6倍，Q3續看成長 - Yahoo Entertainment
6. Sentiment radar
1 recent headlines available; no provider-level sentiment score was supplied.
| Source | Status | Reading | Confidence |
|---|---|---|---|
| NewsAPI headline coverage | 1 headlines | Yahoo Entertainment x1 | Low |
| Social sentiment | Not connected | No social sentiment conclusion is drawn | Low |
Notes: - No provider sentiment series was returned for this symbol.
7. Scenario framework
| Scenario | Trigger condition | Confirmation signal | Invalidation signal |
|---|---|---|---|
| Base case | Price remains between 117.90 and 135.23 | Strategy score stays near 52/100 and RSI avoids extremes | Close below support or a rapid score deterioration |
| Upside case | Price clears 135.23 | Improving MACD histogram and volume above 20D average | Failed breakout back below resistance |
| Downside case | Price breaks 117.90 | RSI weakens and MACD remains negative | Quick recovery back above support |
8. Risk matrix
| Risk | Evidence | Trigger | Monitoring action |
|---|---|---|---|
| Technical failure | Support at 117.90 anchors the current setup | Close below support | Reassess trend and reduce confidence in base case |
| Momentum exhaustion | Soft but not washed out; MACD state: Bullish MACD configuration | RSI extension or MACD rollover | Watch next 1-3 closes and histogram direction |
| Volatility expansion | ATR14 / price is +3.79% | Wide ranges without follow-through | Require confirmation before trusting a directional move |
| News/data gap | 1 current news items available | New headline or missing catalyst context | Refresh news before relying on stale views |
9. Seven-day watch checklist
- First watch: whether price respects 117.90 or starts accepting below it.
- Breakout watch: whether price can clear 135.23 with volume confirmation above the 20-session average.
- Momentum watch: whether RSI14 stays constructive without moving into an exhaustion zone.
- Risk watch: whether fresh news changes the catalyst picture.
Strategy cross-check
| Strategy | Score | Signal | Basis |
|---|---|---|---|
| MA交叉 | 40/100 | Hold | MA5<MA20死叉 |
| MACD背离 | 50/100 | Hold | MACD金叉，MACD在零轴下方，动能减弱 |
| RSI极值 | 50/100 | Hold | RSI14=41中性 |
| 布林带 | 65/100 | Buy | 接近下轨，可能反弹，带宽扩张中 |
Information-use note
StockKit provides market research tools for informational and educational use. The output does not constitute personalized investment advice or a recommendation to buy, sell, or hold any security.
Strategy factors
MA交叉Neutral
40
MA5<MA20死叉
MACD背离Neutral
50
MACD金叉，MACD在零轴下方，动能减弱
RSI极值Neutral
50
RSI14=41中性
布林带Constructive
65
接近下轨，可能反弹，带宽扩张中
量价关系Neutral
55
缩量回调，可能企稳
News & catalyst inputs
中芯國際Q2營收首破30億美元、淨利年增3.6倍，Q3續看成長
Yahoo Entertainment · 2026-08-13
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.
Disclaimer.This brief is generated by StockKit AI from public market data and algorithmic models for informational research only. It is not investment advice, an offer, or a solicitation, and it does not provide buy, sell, or hold ratings, price targets, stop-loss levels, or position sizing. “Watch levels” and “scenarios” describe observable conditions in the supplied data, not instructions. Verify all information with primary sources before any investment decision.