Hesai's 15min chart MACD Death Cross triggers KDJ Death Cross

Based on the 15-minute chart, Hesai has triggered a MACD Death Cross and a KDJ Death Cross on October 3, 2025 at 09:45. This indicates that the stock price has the potential to continue declining, with a shift in momentum towards the downside, potentially leading to further decreases in value.

Hesai Group (HK:2473.HK), a key player in the autonomous driving technology sector, experienced a significant market event on October 3, 2025, at 09:45. The stock triggered both a MACD Death Cross and a KDJ Death Cross, indicating a potential shift in momentum towards the downside. This development could signal further declines in Hesai's stock price, according to technical analysis indicators Xiaomi’s Record, Tencent Buybacks, Banks in Focus, and Gold Miners Shine^[1].

The MACD (Moving Average Convergence Divergence) is a widely used trend-following momentum indicator that shows the relationship between two moving averages of a security's price. A MACD Death Cross occurs when the MACD line crosses below the signal line, typically indicating a bearish trend. Similarly, the KDJ (Kaufman Adaptive Moving Average) indicator, which combines the Moving Average Convergence Divergence (MACD) with the Relative Strength Index (RSI), also crossed downwards, suggesting a potential continuation of the downward trend Xiaomi’s Record, Tencent Buybacks, Banks in Focus, and Gold Miners Shine^[1].

This development comes amidst broader market conditions where autonomous driving technology is seen as a growth sector. However, Hesai's stock price has been under pressure, with recent forecasts indicating potential price cuts for some models Xiaomi’s Record, Tencent Buybacks, Banks in Focus, and Gold Miners Shine^[1]. The company's strategic partnership with Xiaomi Auto, which was reaffirmed, may not be enough to offset the current market sentiment .

Investors should closely monitor Hesai's financial performance and any announcements from the company regarding its strategic partnerships and technological advancements. The stock's recent performance highlights the importance of staying informed about technical indicators and market trends.