DeepSeek's New Model Lifts Chinese Chip Stocks
📊 0700.HK — Piyasa Yorumu
▲ up · 60%The news indicates that DeepSeek's new model has boosted Chinese chip stocks. This could serve as a positive catalyst for technology stocks such as 0700.HK (Tencent). However, technical indicators remain weak: RSI is near oversold territory at 35, MACD is negative, and the price is below both the SMA20 and SMA50. A decline of 3.6% has been recorded in the last 24 hours. While the news may trigger a short-term recovery, the weak technical structure suggests that any upside could be limited.
📊 9988.HK — Piyasa Yorumu
▲ up · 60%The news positively impacts Chinese chip stocks, creating short-term upside potential for 9988.HK. Technical indicators present mixed signals: RSI at 47.6 is neutral, MACD is negative and below the signal line, and the price is below the 20- and 50-day moving averages. However, the positive momentum from the news may temporarily offset the technical weakness. In the short term, an upward movement appears more likely.
📊 BABA — Piyasa Yorumu
■ neutral · 40%The news headline indicates that DeepSeek's new model has boosted Chinese chip stocks. This could create a positive sector tailwind for China-based technology stocks such as BABA. However, technical indicators paint a weak picture: the RSI at 14 is near oversold territory at 37.8, the MACD line is below the signal line and negative, and the stock is trading below its SMA20 and SMA50. In the short term, this technical weakness may limit the positive impact of the news. Therefore, due to directional uncertainty, a neutral view is appropriate.
📊 NVDA — Piyasa Yorumu
▲ up · 60%The news headline points to a rally in Chinese chip stocks, which could positively impact the semiconductor sector as a whole. NVDA shares have gained more than 7% in the last 24 hours, with an RSI of 60, indicating that buying pressure may continue in the short term. Although the MACD is below the signal line, the price being above the 20- and 50-day moving averages supports the upward trend. However, the direct impact of the news on NVDA may be limited, and since it is not approaching overbought territory, there is potential for further upside. Short-term upward movement is expected to continue.