HKG Equity Snapshot

2178 Weekly Equity Report

Petro-king Oilfield Services Limited

Interactive chart JSON snapshot
Latest Close 0.18 HKD 12 Jun 2026
1W Return -4.1% latest completed week
4W Return -22.3% short-term follow-through
12W Return -33.9% quarterly tape
Trend Breadth 61.5% 32 of 52 weeks active
Volume Ratio 0.5x vs 13-week average
Company Brief

What the company does

Petro-king Oilfield Services Limited, an investment holding company, provides oilfield technology services in the People's Republic of China, the Middle East, and internationally. It operates through Oilfield Project Tools and Services, and Consultancy Services segments. The company offers oilfield project tools and services, such as oilfield development plan, procurement advice, tools and equipment installation, and on-site project management services, as well as assembles and sells oilfield project tools. It also provides integrated project management services that include engineering and designing an overall development plan for an oilfield project; assisting and providing advice on sourcing; oilfield …

Snapshot

What the weekly tape is saying

2178 closed the latest completed week at 0.18 HKD. The 4-week return is -22.3% and the 12-week return is -33.9%. Trend Signal is active, Market Dynamics is -0.47. Setup signature: Risk-first tape with a 35/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 23.5%
Volume 0.5x
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 79 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 13 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 20 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
0.15 HKD
Vs Trend Line
23.5%
Fair Value
0.08 HKD
Vs Fair Value
122.4%
52W High
0.39 HKD
52W Low
0.05 HKD
Drawdown
-52.6%
Range Position
40.4%
Momentum

Returns and trend persistence

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

Return windows

1W -4.1%
4W -22.3%
12W -33.9%
26W 249.1%
52W 311.1%

Trend read

Active Streak
15 weeks
52W Active Weeks
32
52W Active Breadth
61.5%
Sector Scope
HK Energy
Sector Rank
34 of 61
Sector Percentile
45.0%
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
-0.47
4W MD Change
-361.6%
Relative Strength
65.59
4W RS Change
-48.0%
Expectation
Negative
Probability
41.26%
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
34.6M
13W Average
73.5M
52W Average
72.0M
Vs 13W
0.5x
Vs 52W
0.5x
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
9.3%
52W Volatility
32.5%
Upside Weeks
23
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
21.9% / -8.4%
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 Equipment & Services
Currency
HKD
Market Cap
335.0M

Opportunity signals

  • Trend Signal is active with a 15-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.
  • 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 0.18 HKD -4.1% 0.15 HKD 0.08 HKD -0.47 65.59 34.6M On
5 Jun 2026 0.19 HKD -7.2% 0.15 HKD 0.08 HKD -0.27 75.24 26.9M On
29 May 2026 0.21 HKD -9.2% 0.14 HKD 0.08 HKD -0.13 91.70 19.5M On
22 May 2026 0.23 HKD -3.8% 0.14 HKD 0.08 HKD 0.04 113.51 32.9M On
15 May 2026 0.24 HKD 14.4% 0.13 HKD 0.08 HKD 0.18 126.02 36.9M On
8 May 2026 0.21 HKD -11.5% 0.12 HKD 0.08 HKD 0.29 101.38 24.7M On
1 May 2026 0.23 HKD 1.3% 0.12 HKD 0.08 HKD 0.50 139.84 20.2M On
24 Apr 2026 0.23 HKD 3.6% 0.11 HKD 0.08 HKD 0.71 143.48 52.4M On
17 Apr 2026 0.22 HKD -9.7% 0.11 HKD 0.08 HKD 0.91 141.83 49.4M On
10 Apr 2026 0.25 HKD -15.9% 0.10 HKD 0.07 HKD 1.09 179.67 108.6M On
3 Apr 2026 0.29 HKD -9.2% 0.10 HKD 0.07 HKD 1.24 257.39 99.8M On
27 Mar 2026 0.33 HKD 16.1% 0.09 HKD 0.07 HKD 1.31 319.59 247.7M On
20 Mar 2026 0.28 HKD 0.0% 0.08 HKD 0.07 HKD 1.20 282.22 201.5M On
13 Mar 2026 0.28 HKD 48.9% 0.07 HKD 0.07 HKD 1.07 302.67 714.6M On