Hesai's 15-Minute Chart: MACD Death Cross, KDJ Death Cross Triggered

Hesai's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, both occurring at 16:00 on September 25, 2025. This indicates that the stock price has the potential to continue its downward trajectory, with a shift in momentum towards a further decline.

Hesai, a US-listed lidar company, made a notable debut in Hong Kong on September 25, 2025, with its stock rising +7% International IPO Weekly Winners & Losers^[1]. However, recent technical indicators suggest a potential downward trend. On the same day, Hesai's 15-minute chart triggered a MACD Death Cross and a KDJ Death Cross at 16:00, indicating a shift in momentum towards a further decline .

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a bearish trend. The KDJ (Kijun Sen, Tenkan Sen, Junsen) Death Cross, on the other hand, is a momentum indicator that shows a reversal in trend when the Kijun Sen line crosses below the Tenkan Sen line.

These technical indicators suggest that Hesai's stock price may continue its downward trajectory. Investors should monitor these trends closely, as they could indicate a significant change in the stock's performance.