How does weride look tomorrow

**WeRide (WRD) is expected to experience a **swing** in stock price tomorrow.** Here's why: 1. **Current Price Trend**: The stock is in a **bullish trend**, which has persisted for 26 days. However, the probability of this trend continuing is only 15%, based on the clear trend observed over the last 18 days. 2. **Support and Resistance Levels**: The stock is currently positioned **between narrow support and resistance levels**, indicating that while there is a potential for upward movement, it may face challenges due to the proximity of resistance levels. 3. **Forecasted Price Trend**: The forecast for WeRide's stock price for tomorrow is **$8.58**, with a slight variance ranging from **$8.32 to $9.03**. This suggests a potential for slight increase, but the overall trend remains cautious. 4. **Market Sentiment**: Recent news about the stock has been mixed, with a significant drop due to investors dumping positions to mitigate risks from the escalating trade tensions between the US and China. This was after US President Donald Trump’s new social media post on Wednesday, expressing his frustration with China, saying that Chinese President Xi Jinping is “very tough and extremely hard to make a deal with.” A pick-up and delivery truck speeding down a busy city street. The new development casted doubts over an expected potential phone call between the two leaders this week, with fears spilling over to stocks of Chinese companies, including WeRide Inc. US states’ delisting calls of Chinese companies also triggered concerns. In a recently issued statement, Comptroller Elise Nieshalla of Indiana said that there is a growing risk posed by China-based companies due to widespread failures to meet US transparency, accounting, and standards. Indiana joined 20 other states in calling for the delisting of from the US stock market. 5. **Volume and Price Movement**: The trading volume was high at 16.94 million shares on June 5, 2025, which could indicate investor interest or reactions to recent news, possibly leading to continued volatility. In conclusion, while there is a potential for an upward correction, the overall cautious trend and the recent volatility suggest that WeRide's stock is more likely to experience a swing in price tomorrow. The advice is to **hold**, given the forecast price trend and historical win rates indicate a relatively neutral outlook.