2423 HKG Week ended 24 Jul 2026

Weekly Investor Report

KE Holdings Inc. · Real Estate · Real Estate Services

Latest close 41.80 HKD
-7.2% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is -3.3% below the Trend Line and sits at 34.9% of its 52-week range. The latest completed week returned -7.2%, after a 16.3% four-week move. The latest news-sentiment score is 50/100.

Setup score 46 out of 100
Latest Close 41.80 HKD 24 Jul 2026
1W Return -7.2% latest completed week
4W Return 16.3% short-term follow-through
12W Return -1.2% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • 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 the Trend Line, which keeps downside pressure in focus.
  • 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.
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 -3.3% below the Trend Line and sits at 34.9% of its 52-week range. The latest completed week returned -7.2%, after a 16.3% 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 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 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
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 0.1212-week average 0.14

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 leadership4/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.12Current proprietary activity-pressure read.
Buy signals0Accumulation 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 16.3% over four weeks, -1.2% over 12 weeks, and -17.8% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-7.2%
4W16.3%
12W-1.2%
26W-12.0%
52W-17.8%
Active trend streak0 weeks
Active weeks in one year0
Trend breadth0.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.18Latest activity-pressure read.
Pressure change1117.8%Four-week change in activity pressure.
Leadership-3.48Latest relative-leadership reading.
RS change64.2%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 1 relevant articles.

0 positive · 1 neutral · 0 negative
Patient CapitalQuiet

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

No recent buy signal
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-22.3%Distance below the 52-week high.
13-week volatility8.3%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 higher11 of 2615 weeks finished lower.
Best week+17.2%Week of 8 May.
Worst week-10.0%Week of 22 May.
Latest week-7.2%Week of 24 Jul.

Shape of recent returns

Strong gains6
Modest gains5
Flat weeks0
Modest losses7
Sharp losses8
Recent vol8.3%13-week weekly-return volatility.
Base vol5.7%52-week weekly-return volatility.
Up/down split23/29Count of positive and negative weeks in the 52-week window.
Average skew4.9% / -4.3%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
24 Jul 202641.80 HKD-7.2%43.21 HKD44.47 HKD0.18-3.4859.5MOff
17 Jul 202645.04 HKD10.9%43.18 HKD44.51 HKD0.075.3291.8MOff
10 Jul 202640.62 HKD2.8%43.07 HKD44.47 HKD-0.17-3.6649.4MOff
3 Jul 202639.50 HKD9.9%43.20 HKD44.47 HKD-0.05-3.4051.4MOff
26 Jun 202635.94 HKD-9.5%43.36 HKD44.45 HKD0.01-9.7274.6MOff
19 Jun 202639.72 HKD-9.5%43.66 HKD44.46 HKD0.31-5.8756.7MOff
12 Jun 202643.90 HKD3.7%43.83 HKD44.45 HKD0.490.3341.6MOff
5 Jun 202642.32 HKD-2.5%43.84 HKD44.44 HKD0.62-4.5910.4MOff
29 May 202643.42 HKD1.4%43.79 HKD44.45 HKD0.80-3.3770.8MOff
22 May 202642.84 HKD-10.0%43.81 HKD44.44 HKD0.48-6.6593.7MOff
15 May 202647.62 HKD-4.0%43.96 HKD44.41 HKD0.131.9568.8MOff
8 May 202649.60 HKD17.2%43.91 HKD44.35 HKD-0.274.1664.5MOff
1 May 202642.32 HKD1.4%43.86 HKD44.30 HKD-0.68-9.2948.6MOff
24 Apr 202641.74 HKD-1.3%44.09 HKD44.30 HKD-0.74-11.9334.9MOff
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.