Alibaba Group Holding (89988.HK) Technical Analysis
As of 2026-07-22, 89988.HK last traded at 97.9 CNY (-3.07% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 77.05 CNY support below, 111.4 CNY resistance above. 14-day RSI is 75.8 (overbought).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 89988.HK in an uptrend or downtrend?
Alibaba Group Holding is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 97.9 CNY (-3.07%) |
|---|---|
| 20-day average | 90.347 CNY |
| 50-day average | 99.182 CNY |
| 200-day average | 125.49 CNY |
Key support and resistance levels for 89988.HK
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 111.4 CNY | Resistance | Minor | 1 |
| 113.1 CNY | Resistance | Minor | 1 |
| 120 CNY | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 77.05 CNY | Support | Minor | 1 |
89988.HK 52-week range, momentum and volatility
| 52-week high | 170.5 CNY (42.6% below) |
|---|---|
| 52-week low | 77.05 CNY (27.1% above) |
| 14-day RSI | 75.8 (Overbought) |
| 14-day ATR | 4.721 CNY (4.82% of price, High volatility) |
Related research pages
Frequently asked questions
Is Alibaba Group Holding (89988.HK) in an uptrend or downtrend?
As of 2026-07-22, 89988.HK is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 97.9 CNY vs 50-day average 99.182 CNY and 200-day average 125.494 CNY.
What are the key support and resistance levels for 89988.HK?
Nearest support is around 77.05 CNY (minor, 1 touch). Nearest resistance is around 111.4 CNY (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 89988.HK's 52-week high and low?
Over the last 52 weeks, 89988.HK traded between 77.05 CNY and 170.5 CNY. It is currently 42.6% below its 52-week high.
Is 89988.HK overbought or oversold?
The 14-day RSI is 75.8 — in overbought territory (>70). Momentum reads as overbought.
How volatile is 89988.HK?
Its 14-day Average True Range is 4.721 (4.82% of price) — high volatility relative to price.