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

Hesai's 15-minute chart indicates a potential downward trend in the stock price, as evidenced by the MACD Death Cross and KDJ Death Cross at 09:45 on 09/19/2025. This suggests that the momentum of the stock price is shifting towards the downside, with a potential for further decline.

Hesai Group, the world's largest maker of automotive lidar sensors, saw its stock price face potential downward pressure on September 19, 2025, as indicated by technical indicators such as the MACD Death Cross and KDJ Death Cross at 09:45 Chinese lidar maker Hesai to pour Hong Kong listing proceeds into expanding production^[1]. This suggests a shift in the stock's momentum towards the downside, potentially signaling further decline.

The company had recently raised HK$4.2 billion (US$531 million) in a Hong Kong share offering, with proceeds to be used for expanding production capacity and enhancing product competitiveness Chinese lidar maker Hesai to pour Hong Kong listing proceeds into expanding production^[1]. Despite this robust fundraising, the technical indicators point to a potential downturn, which could be attributed to various market factors.

Hesai's stock price has been volatile, reflecting broader market conditions and geopolitical tensions. The company's listing in Hong Kong, while successful, has not been immune to market uncertainties. Additionally, Hesai's position as a leading supplier of lidar sensors in the global market has been subject to scrutiny, particularly in light of ongoing US-China tensions China's Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million^[3].

The company's recent production agreement with a leading robotaxi company in the US, valued at over $40 million, underscores its strategic positioning in the autonomous vehicle market Hesai Group (HSAI) Inks $40M Lidar Supply Deal with Robotaxi Firm^[2]. However, the deal's impact on stock performance remains to be seen, as the market continues to digest Hesai's growth prospects amidst a challenging macroeconomic environment.

Investors should closely monitor Hesai's stock price and technical indicators, as well as broader market conditions, to assess the potential impact on the company's performance. The company's focus on research and development, coupled with its commitment to expanding manufacturing capabilities, could provide a buffer against market volatility. However, the current downward trend suggests that investors may need to exercise caution.