XTALPI-P has appeared with a "death cross" technical chart pattern

XTALPI-P (02228.HK) -0.070 (-1.545%) short interest $121,900; ratio 0.065% The 10-day moving average has crossed below the 20-day moving average, forming a death cross. The current price is 4.520, up 4.872%, with a trading volume of 45.2 million shares and a turnover of 200 million.

Recent performance:

3 days -8.687%

5 days -9.419%

10 days -25.166%

Recent trading statistics:

Previous day's trading volume: 8.13 million shares

Average trading volume over the past 5 days: 6.10 million shares

Technical analysis explanation:

A death cross is a bearish signal, indicating that the short-term moving average has crossed below the long-term moving average, such as the 50-day line crossing below the 250-day line, forming a cross shape on the chart. The stock price typically declines, forming a downward trend, with a weak technical outlook