3690 HKG Week ended 07 Aug 2026

Weekly Investor Report

Meituan · Consumer Cyclical · Internet Retail

Latest close 92.20 HKD
-0.3% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is 11.1% above the Trend Line and sits at 45.1% of its 52-week range. The latest completed week returned -0.3%, after a 17.2% four-week move. The latest news-sentiment score is 50/100. Near-term considerations: volume confirmation is below normal.

Setup score 48 out of 100
Latest Close 92.20 HKD 7 Aug 2026
1W Return -0.3% latest completed week
4W Return 17.2% short-term follow-through
12W Return 11.5% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
What is working
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is weak, so confirmation is not yet broad enough.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is 11.1% above the Trend Line and sits at 45.1% of its 52-week range. The latest completed week returned -0.3%, after a 17.2% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 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 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.1112-week average 0.04

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership1/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.11Current proprietary activity-pressure read.
Buy signals1Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 17.2% over four weeks, 11.5% over 12 weeks, and -23.7% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-0.3%
4W17.2%
12W11.5%
26W0.9%
52W-23.7%
Active trend streak0 weeks
Active weeks in one year0
Trend breadth0.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.24Latest activity-pressure read.
Pressure change481.2%Four-week change in activity pressure.
Leadership1.12Latest relative-leadership reading.
RS change109.9%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

No published fundamental snapshot is available for this company.

05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment50/100

Weighted news tone is neutral across 10 relevant articles.

0 positive · 5 neutral · 5 negative
Patient CapitalRecent

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

Recent buy signal in the last 8 weeks
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-27.4%Distance below the 52-week high.
13-week volatility7.2%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 2614 weeks finished lower.
Best week+11.4%Week of 3 Jul.
Worst week-10.5%Week of 26 Jun.
Latest week-0.3%Week of 7 Aug.

Shape of recent returns

Strong gains8
Modest gains4
Flat weeks0
Modest losses7
Sharp losses7
Recent vol7.2%13-week weekly-return volatility.
Base vol5.8%52-week weekly-return volatility.
Up/down split24/27Count of positive and negative weeks in the 52-week window.
Average skew4.6% / -4.7%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202692.20 HKD-0.3%82.96 HKD114.4 HKD1.241.12178.2MOff
31 Jul 202692.50 HKD6.7%83.17 HKD114.7 HKD1.12-0.09311.2MOff
24 Jul 202686.70 HKD3.6%83.58 HKD115.1 HKD0.53-3.63233.8MOff
17 Jul 202683.65 HKD6.3%84.12 HKD115.4 HKD0.01-6.32357.8MOff
10 Jul 202678.70 HKD9.9%84.76 HKD115.7 HKD-0.33-11.26334.3MOff
3 Jul 202671.60 HKD11.4%85.55 HKD116.0 HKD-0.48-17.1633.7MOff
26 Jun 202664.25 HKD-10.5%86.46 HKD116.4 HKD-0.22-24.2284.5MOff
19 Jun 202671.80 HKD-7.8%87.74 HKD116.7 HKD0.06-20.77155.5MOff
12 Jun 202677.90 HKD-2.6%88.53 HKD117.1 HKD0.27-17.8347.4MOff
5 Jun 202679.95 HKD8.8%89.27 HKD117.4 HKD0.39-17.5857.5MOff
29 May 202673.45 HKD-9.7%90.00 HKD117.8 HKD0.43-25.95277.9MOff
22 May 202681.35 HKD-1.6%90.95 HKD118.1 HKD0.42-20.51182.2MOff
15 May 202682.70 HKD-1.6%91.59 HKD118.3 HKD0.26-21.29215.6MOff
8 May 202684.05 HKD1.0%91.99 HKD118.6 HKD0.14-22.22132.5MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context