HKG Equity Snapshot

2570 Weekly Equity Report

Shanghai REFIRE Group Limited

Latest Close 26.76 HKD 12 Jun 2026
1W Return -6.3% latest completed week
4W Return -27.6% short-term follow-through
12W Return -31.5% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
Company Brief

What the company does

Shanghai REFIRE Group Limited, an investment holding company, engages in the research, design, development, manufacture, and sale of hydrogen fuel cell systems, hydrogen production systems, and related components in Mainland China and internationally. The company provides fuel cell engineering and technical services; and electricity to hydrogen and hydrogen to electricity technologies, as well as after-sales services; and sales of hydrogen energy vehicles. In addition, it is involved in technology development; manufacture of bipolar plates; sale of components; research and development, manufacture; and sale of fuel cell stacks and fuel cell stack technology. The company was …

Snapshot

What the weekly tape is saying

2570 closed the latest completed week at 26.76 HKD. The 4-week return is -27.6% and the 12-week return is -31.5%. Trend Signal is inactive, Market Dynamics is -0.48. Setup signature: Risk-first tape with a 6/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -53.6%
Volume 0.8x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 0 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 0 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 34 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
57.62 HKD
Vs Trend Line
-53.6%
Fair Value
134.3 HKD
Vs Fair Value
-80.1%
52W High
251.2 HKD
52W Low
24.38 HKD
Drawdown
-89.3%
Range Position
1.0%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -6.3%
4W -27.6%
12W -31.5%
26W -61.8%
52W -86.4%

Trend read

Active Streak
0 weeks
52W Active Weeks
0
52W Active Breadth
0.0%
Sector Scope
HK Industrials
Sector Rank
391 of 492
Sector Percentile
20.6%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.48
4W MD Change
-3743.6%
Relative Strength
-72.27
4W RS Change
-5.5%
Expectation
Negative
Probability
34.64%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
2.6M
13W Average
3.2M
52W Average
3.0M
Vs 13W
0.8x
Vs 52W
0.9x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
7.6%
52W Volatility
10.6%
Upside Weeks
17
Downside Weeks
35
Downside Breadth
67.3%
Avg Gain / Loss
8.0% / -8.6%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
HKG
Country
HK
Sector
Industrials
Industry
Specialty Industrial Machinery
Currency
HKD
Market Cap
3.1B

Opportunity signals

  • No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 26.76 HKD -6.3% 57.62 HKD 134.3 HKD -0.48 -72.27 2.6M Off
5 Jun 2026 28.56 HKD -12.1% 61.61 HKD 135.6 HKD -0.31 -71.69 2.9M Off
29 May 2026 32.50 HKD -15.0% 64.40 HKD 137.0 HKD -0.12 -69.22 3.2M Off
22 May 2026 38.22 HKD 3.4% 67.73 HKD 138.4 HKD 0.05 -65.61 3.6M Off
15 May 2026 36.98 HKD -8.2% 70.86 HKD 139.7 HKD 0.01 -68.51 2.4M Off
8 May 2026 40.30 HKD 0.6% 74.27 HKD 141.0 HKD 0.07 -67.40 1.4M Off
1 May 2026 40.06 HKD -6.8% 77.62 HKD 142.4 HKD 0.06 -67.67 1.4M Off
24 Apr 2026 42.98 HKD -2.8% 81.36 HKD 143.8 HKD 0.00 -66.37 2.9M Off
17 Apr 2026 44.22 HKD 8.6% 85.25 HKD 145.2 HKD -0.02 -66.37 5.6M Off
10 Apr 2026 40.72 HKD 6.2% 89.90 HKD 146.6 HKD -0.09 -69.37 3.8M Off
3 Apr 2026 38.34 HKD -3.9% 93.89 HKD 148.1 HKD -0.25 -70.85 2.1M Off
27 Mar 2026 39.90 HKD 2.2% 97.30 HKD 149.7 HKD -0.35 -70.14 3.2M Off
20 Mar 2026 39.06 HKD -16.4% 100.9 HKD 151.3 HKD -0.56 -71.81 6.4M Off
13 Mar 2026 46.70 HKD -4.8% 104.7 HKD 153.0 HKD -0.84 -67.54 4.7M Off