HKG Equity Snapshot

0883 Weekly Equity Report

CNOOC Limited

Latest Close 24.92 HKD 12 Jun 2026
1W Return -4.0% latest completed week
4W Return -3.6% short-term follow-through
12W Return -18.0% quarterly tape
Trend Breadth 90.4% 47 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

CNOOC Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide. The company produces offshore crude oil and natural gas primarily in Bohai Sea, the Western South China Sea, the Eastern South China Sea, and the East China Sea in China. It also holds interests in various oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. In addition, the company is involved in the sales and trading of petroleum and natural gas; oil sands exploration, development, and production; and …

Snapshot

What the weekly tape is saying

0883 closed the latest completed week at 24.92 HKD. The 4-week return is -3.6% and the 12-week return is -18.0%. Trend Signal is active, Market Dynamics is -0.84. Setup signature: Balanced read with a 53/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.5%
Volume 0.9x
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 95 Persistence of active Trend Signal over the last year and current streak.
Momentum 26 Blend of 4-week and 12-week follow-through.
Dynamics 22 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 99 Relative leadership and short-term RS change.
Volume 39 Participation compared with the 13-week volume baseline.
Risk Control 39 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
24.80 HKD
Vs Trend Line
0.5%
Fair Value
17.52 HKD
Vs Fair Value
42.2%
52W High
30.98 HKD
52W Low
16.87 HKD
Drawdown
-19.6%
Range Position
57.1%
Momentum

Returns and trend persistence

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

Return windows

1W -4.0%
4W -3.6%
12W -18.0%
26W 19.3%
52W 38.3%

Trend read

Active Streak
47 weeks
52W Active Weeks
47
52W Active Breadth
90.4%
Sector Scope
HK Energy
Sector Rank
33 of 61
Sector Percentile
46.7%
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
-0.84
4W MD Change
-158.5%
Relative Strength
16.45
4W RS Change
-9.8%
Expectation
Positive
Probability
55.53%
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
537.5M
13W Average
582.2M
52W Average
474.2M
Vs 13W
0.9x
Vs 52W
1.1x
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
4.4%
52W Volatility
4.2%
Upside Weeks
30
Downside Weeks
22
Downside Breadth
42.3%
Avg Gain / Loss
3.5% / -3.0%
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
Energy
Industry
Oil & Gas E&P
Currency
HKD
Market Cap
1269.0B

Opportunity signals

  • Trend Signal is active with a 47-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.

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 24.92 HKD -4.0% 24.80 HKD 17.52 HKD -0.84 16.45 537.5M On
5 Jun 2026 25.97 HKD 0.5% 24.71 HKD 17.42 HKD -0.81 20.84 390.9M On
29 May 2026 25.83 HKD -3.8% 24.55 HKD 17.32 HKD -0.77 20.03 495.2M On
22 May 2026 26.85 HKD 3.9% 24.35 HKD 17.21 HKD -0.50 23.54 513.3M On
15 May 2026 25.85 HKD -0.1% 24.12 HKD 17.10 HKD -0.33 18.24 325.6M On
8 May 2026 25.87 HKD -10.0% 23.88 HKD 17.00 HKD -0.09 17.22 437.4M On
1 May 2026 28.75 HKD 5.3% 23.65 HKD 16.90 HKD 0.11 34.28 421.4M On
24 Apr 2026 27.30 HKD 3.4% 23.32 HKD 16.78 HKD 0.29 27.77 515.2M On
17 Apr 2026 26.40 HKD 1.7% 23.05 HKD 16.67 HKD 0.72 23.67 483.5M On
10 Apr 2026 25.95 HKD -4.0% 22.81 HKD 16.56 HKD 1.17 23.63 446.7M On
3 Apr 2026 27.02 HKD -7.0% 22.59 HKD 16.45 HKD 1.64 33.60 859.7M On
27 Mar 2026 29.06 HKD -4.3% 22.33 HKD 16.34 HKD 1.84 45.77 1.1B On
20 Mar 2026 30.38 HKD 2.1% 21.99 HKD 16.21 HKD 1.76 52.01 1.1B On
13 Mar 2026 29.76 HKD 11.8% 21.58 HKD 16.08 HKD 1.54 49.54 1.4B On