BEKE's 15min chart shows Bollinger Bands Narrowing and KDJ Death Cross.

The 15-minute chart of BEKE has recently triggered a narrowing of Bollinger Bands, a technical indicator that signifies a decrease in the magnitude of stock price fluctuations. Furthermore, the KDJ indicator has crossed into a death cross at 04/23/2025 14:30, which suggests that the momentum of the stock price is shifting towards the downside and may continue to decrease in the future. This combination of indicators suggests a potential decrease in the stock price, making it an important factor to consider for investors.

KE Holdings (NYSE: BEKE) has seen a recent narrowing of Bollinger Bands on its 15-minute chart, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator crossed into a death cross on April 23, 2025, at 14:30, suggesting a shift in momentum towards the downside. These technical indicators point to a potential decrease in the stock price, which investors should consider.

The Bollinger Bands narrowing implies a decrease in volatility, which could signal a period of consolidation or a trend reversal. The KDJ death cross, a bearish signal, suggests that the stock's momentum is turning negative. This combination of indicators suggests that BEKE's stock price may continue to decrease.

KE Holdings reported its 2024 financial results, with revenue increasing by 20% to CN¥93.5 billion, but net income decreased by 31% to CN¥4.06 billion. The profit margin also declined to 4.3% from 7.6% in the previous year. The primary driver of revenue was the New Home Transaction Services segment, contributing CN¥33.7 billion (36% of total revenue). However, cost of sales, at CN¥70.5 billion, amounted to 75% of total revenue, highlighting the impact on earnings. General & Administrative costs were the largest operating expense, totaling CN¥8.96 billion (47% of total expenses). Non-operating gains of CN¥148.4 million boosted earnings over the last 12 months [1].

Looking ahead, revenue is forecast to grow at an average annual rate of 11% over the next three years, compared to the industry's 10% growth forecast. Despite these projections, the technical indicators suggest a potential downward trend in the stock price. Investors should remain vigilant and consider the implications of these indicators when making investment decisions.

References:
[1] https://simplywall.st/stocks/us/real-estate-management-and-development/nyse-beke/ke-holdings/news/resultados-de-ke-holdings-en-2024-los-ingresos-superan-las-e-1