Hesai Outlook - Technical Downturn and Mixed Analyst Views

Market SnapshotTakeaway: Hesai (HSAI.O) is in a weak technical position with a current price decline of -4.36%, and bearish indicators are dominating. The internal diagnostic score for technicals is just 4.55—indicating cautious positioning for now. News Highlights While Hesai itself wasn’t directly mentioned in recent news, several developments could influence broader market sentiment: Texas Instruments Expansion: Texas Instruments announced a $30B expansion in Sherman, Texas, including a mixed-use development for workers. As a competitor in the sensor and semiconductor space, this highlights the growing demand for industrial tech—potentially a headwind for Hesai unless it accelerates its own growth. ECB’s Market Stability Pledge: European Central Bank President Christine Lagarde emphasized that the ECB is ready to use its tools to maintain financial stability amid global tariff uncertainty. This adds a layer of macro-level reassurance to risk-on sectors like tech, but it doesn’t directly address Hesai’s fundamentals. EDS Detectors Market Growth: A market report forecasts 8.2% CAGR through 2031 in the EDS Detectors industry. Hesai’s laser sensors are somewhat tangential to this sector, but a growing industrial equipment market may offer some indirect tailwinds if the company can capture new applications. Analyst Views & Fundamentals Analyst sentiment for Hesai is mixed, with Goldman Sachs recently issuing a rare Strong Buy on September 22, 2025. However, the historical performance of the analyst, Tina Hou, shows 0.00% win rate and a -25.78% average return from past predictions—making the bullish call more of a curiosity than a strong endorsement. Average Analyst Rating: 5.00 (simple mean) Weighted Analyst Rating: 0.00 (based on historical performance) Consistency: Dispersed views, with Strong Buy being the only recent rating. Price Trend Mismatch: The recent Strong Buy contrasts with the falling price, suggesting potential misalignment between expectations and market behavior. Money-Flow Trends Despite a negative overall trend in price, big-money inflows are still showing strength: Extra-large inflows: 47.7% of capital in this category is entering the stock Medium inflow ratio: 50.9%—the strongest in all categories Small investor sentiment: Deteriorating, with only 49.5% inflow and a negative trendThe fund flow diagnostic score is 7.73 (internal diagnostic score, 0-10), suggesting good institutional confidence despite retail caution. Key Technical Signals Hesai’s recent chart has been dominated by bearish patterns, with 3 bearish indicators and 0 bullish in the last five days. Here’s a breakdown of the most relevant technical signals: Bearish Engulfing: Score of 1.62 (internal diagnostic score)—a strong bearish signal. MACD Death Cross: Score of 2.80—another clear negative signal, historically associated with -4.54% average return. MACD Golden Cross: Score of 3.70—neutral bias, but less impactful in current context. WR Oversold: Score of 6.06—typically a positive sign, but here it’s showing a mixed signal as it’s repeated multiple times without significant price reversal. Recent Chart Patterns (Last 5 Days): 2025-11-06: Long Upper Shadow, WR Oversold, and Bearish Engulfing all confirmed bearish pressure. 2025-11-07: WR Oversold and MACD Death Cross added to the bearish tone.Overall, the technicals suggest a weak trend with high volatility and no clear direction, as stated in the key insight: “Bearish signals are clearly dominant (3 bearish vs 0 bullish).” Conclusion Hesai is currently in a technically weak position with bearish indicators dominating and a 4.55 internal diagnostic score. While institutional flows remain positive and the market is somewhat optimistic, the lack of bullish momentum and negative price movement should give investors pause. Actionable Takeaway: Consider holding off on new positions until Hesai shows clearer signs of stabilization—such as a strong rally above key resistance or confirmation from a positive MACD crossover. For now, caution is warranted given the mixed signals from analysts and technicals.