{"id":68006,"date":"2025-05-21T17:59:40","date_gmt":"2025-05-21T09:59:40","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=68006"},"modified":"2025-05-22T18:40:19","modified_gmt":"2025-05-22T10:40:19","slug":"technical-analysis-22-may-2025","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/","title":{"rendered":"Technical Analysis &#8211; 22 May 2025"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\" id=\"top\"><a href=\"#us\">United States<\/a> |<a href=\"#sg\"> Singapore<\/a> |<a href=\"#hk\"> Hong Kong<\/a> |<a href=\"#ea\" title=\"\"> Earnings<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"us\"><a id=\"post-49726-_5ifytjpamge8\"><\/a><img fetchpriority=\"high\" decoding=\"async\" title=\"us\" width=\"637\" height=\"135\" class=\"alignnone wp-image-49827\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-136.png\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-136.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-136-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Agnico Eagle Mines Ltd. (AEM US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1535\" height=\"850\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-122.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-68046\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-122.png 1535w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-122-300x166.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-122-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-122-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA.<br>  <\/li>\n\n\n\n<li>RSI is constructive while MACD is about to turn positive. <br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 114.8, Target 124.0, Stop 110.2<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-52.png\" alt=\"A line in a white background\n\nDescription automatically generated\" class=\"wp-image-68047\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-52.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-52-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Newmont Corp. (NEM US)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1535\" height=\"850\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-9.png\" alt=\"A screenshot of a graph\n\nAI-generated content may be incorrect.\" class=\"wp-image-68048\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-9.png 1535w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-9-300x166.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-9-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-9-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed above the 20dEMA with rising volume. The 5dEMA crossed the 20dEMA.<br>  <\/li>\n\n\n\n<li>RSI is constructive while MACD is about to turn positive.<br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 52.5, Target 57.0, Stop 50.3<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-4-1.png\" alt=\"\" class=\"wp-image-68049\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-4-1.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-4-1-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"sg\"><a id=\"post-68006-_q3z2pzaup3mw\"><\/a><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-5-1.png\" class=\"wp-image-68050\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-5-1.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-5-1-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">SIA Engineering Ltd. (SIE SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2376\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1.png\" alt=\"A graph with different colored lines\n\nAI-generated content may be incorrect.\" class=\"wp-image-68051\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1.png 2376w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1-300x171.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1-1024x582.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1-768x437.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1-1536x873.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-with-different-colored-lines-ai-generated-1-2048x1164.png 2048w\" sizes=\"(max-width: 2376px) 100vw, 2376px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a 52-week high with a surge in volume. 20dEMA just crossed the 200dEMA.<br>  <\/li>\n\n\n\n<li>MACD is positive, RSI is at an overbought level.<br>  <\/li>\n\n\n\n<li><strong>Buy \u2013 Entry 2.50, Target 2.70, Stop 2.40<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-53.png\" alt=\"A line in a white background\n\nDescription automatically generated\" class=\"wp-image-68052\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-53.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-53-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Singapore Airlines Ltd. (SIA SP)<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2376\" height=\"1351\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-68053\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123.png 2376w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123-300x171.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123-1024x582.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123-768x437.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123-1536x873.png 1536w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-123-2048x1164.png 2048w\" sizes=\"(max-width: 2376px) 100vw, 2376px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a high since July 2024 with constructive volume. <br>  <\/li>\n\n\n\n<li>MACD is positive, RSI is at an overbought level.<br>  <\/li>\n\n\n\n<li><strong>Buy \u2013 Entry 6.95 Target 7.25, Stop 6.80<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-9-1.png\" alt=\"\" class=\"wp-image-68054\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-9-1.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-9-1-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hk\"><a id=\"post-68006-_ox2yqx6nkukc\"><\/a><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-10-1.png\" class=\"wp-image-68055\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-10-1.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-10-1-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">China Shenhua Energy Co Ltd (1088 HK) <\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1535\" height=\"850\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-124.png\" alt=\"A graph of stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-68056\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-124.png 1535w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-124-300x166.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-124-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-graph-of-stock-market-ai-generated-content-may-124-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a four-month high above the 5dEMA with a surge in volume. <br>  <\/li>\n\n\n\n<li>Both RSI and MACD are constructive.<br>  <\/li>\n\n\n\n<li><strong>Long <\/strong>\u2013 <strong>Entry 33.0 Target 35.6, Stop 31.7<\/strong><br>    <br><br>    <br><br>    <figure><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"160\" class=\"wp-image-68057\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-26.jpeg\" alt=\"A line in a white background\n\nDescription automatically generated\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-26.jpeg 752w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-line-in-a-white-background-description-automati-26-300x64.jpeg 300w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/><\/figure><br>  <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">China Coal Energy Co Ltd (1898 HK) <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1535\" height=\"850\" class=\"wp-image-68058\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-10.png\" alt=\"A screenshot of a graph\n\nAI-generated content may be incorrect.\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-10.png 1535w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-10-300x166.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-10-1024x567.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/a-screenshot-of-a-graph-ai-generated-content-may-10-768x425.png 768w\" sizes=\"(max-width: 1535px) 100vw, 1535px\" \/><\/figure><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares closed at a three-month high above the 5dEMA with rising volume.<br>  <\/li>\n\n\n\n<li>Both RSI and MACD are constructive.<br>  <\/li>\n\n\n\n<li><strong>Long \u2013 Entry 8.74, Target 9.34, Stop 8.44<\/strong><br>    <br><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-14-1.png\" alt=\"\" class=\"wp-image-68059\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-14-1.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-14-1-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"ea\"><img loading=\"lazy\" decoding=\"async\" width=\"601\" height=\"108\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-15-1.png\" alt=\"\" class=\"wp-image-68060\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-15-1.png 601w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/05\/word-image-68006-15-1-300x54.png 300w\" sizes=\"(max-width: 601px) 100vw, 601px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Baidu Inc. (BIDU)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1Q25 Revenue: <\/strong>$4.47B, +2.3% YoY, beat estimates by $170M<br>  <\/li>\n\n\n\n<li><strong>1Q25 Non-GAAP EPADS: <\/strong>$2.55<br>  <\/li>\n\n\n\n<li><strong>FY25 Guidance:<\/strong> No guidance provided. <br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> Baidu reported better-than-expected Q1 revenue of RMB32.45bn, US$4.47bn, a 3% YoY rise, driven by 40% growth in AI cloud services to RMB9.4bn despite a 6% decline in core advertising to RMB17.31bn. The company emphasized resilience against US semiconductor export controls, citing its self-developed Kunlun P800 chips, a 30,000-unit cluster, and domestic AI ecosystem. While facing competition from startups like DeepSeek, Baidu has made its Ernie Bot chatbot free and launched upgraded AI models such as Ernie 4.5 Turbo and Ernie X1. Internationally, its Apollo Go robotaxi service secured a Dubai deployment and plans European and Turkish tests by year-end. Baidu is positioned to capitalize on China\u2019s AI development, leveraging its homegrown chip infrastructure and cost-efficient models to compete against both domestic rivals and global benchmarks. The expansion of Apollo Go into Middle Eastern and European markets signals growing monetization potential beyond core search, while its open-access Ernie ecosystem could accelerate adoption across enterprise and consumer segments. However, margin pressures may persist as the company balances R&D investments in foundational models with the need to monetize its AI leadership in an increasingly crowded field. <strong>2Q25<\/strong> <strong>recommended trading range: $82 to $95. Neutral Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u767e\u5ea6\u516c\u53f8 (BIDU)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>44.7\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f2.3%\uff0c\u8d85\u51fa\u9884\u671f1.7\u4ebf\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>2.55\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u672a\u63d0\u4f9b\u6307\u5f15\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a <\/strong>\u767e\u5ea6\u62a5\u544a\u7684\u7b2c\u4e00\u5b63\u5ea6\u8425\u6536\u8d85\u51fa\u9884\u671f\uff0c\u8fbe\u5230\u4eba\u6c11\u5e01324.5\u4ebf\u5143\uff0844.7\u4ebf\u7f8e\u5143\uff09\uff0c\u540c\u6bd4\u589e\u957f3%\uff0c\u5f97\u76ca\u4e8e\u5176\u4eba\u5de5\u667a\u80fd\u4e91\u670d\u52a1\u589e\u957f40%\u81f3\u4eba\u6c11\u5e0194\u4ebf\u5143\uff0c\u5c3d\u7ba1\u6838\u5fc3\u5e7f\u544a\u6536\u5165\u4e0b\u964d6%\u81f3\u4eba\u6c11\u5e01173.1\u4ebf\u5143\u3002\u516c\u53f8\u5f3a\u8c03\u5176\u5728\u7f8e\u56fd\u534a\u5bfc\u4f53\u51fa\u53e3\u7ba1\u5236\u4e0b\u7684\u97e7\u6027\uff0c\u63d0\u5230\u5176\u81ea\u4e3b\u7814\u53d1\u7684\u6606\u4ed1P800\u82af\u7247\u30013\u4e07\u53f0\u96c6\u7fa4\u548c\u56fd\u5185\u4eba\u5de5\u667a\u80fd\u751f\u6001\u7cfb\u7edf\u3002\u5c3d\u7ba1\u9762\u4e34\u6765\u81ea\u50cfDeepSeek\u7b49\u521d\u521b\u516c\u53f8\u7684\u7ade\u4e89\uff0c\u767e\u5ea6\u5df2\u5c06\u5176ERNIE Bot\u804a\u5929\u673a\u5668\u4eba\u514d\u8d39\u5316\uff0c\u5e76\u63a8\u51fa\u5347\u7ea7\u7248\u4eba\u5de5\u667a\u80fd\u6a21\u578b\uff0c\u5982ERNIE 4.5 Turbo\u548cERNIE X1\u3002\u5728\u56fd\u9645\u4e0a\uff0c\u5176Apollo Go\u81ea\u52a8\u9a7e\u9a76\u51fa\u79df\u8f66\u670d\u52a1\u5728\u8fea\u62dc\u843d\u5730\uff0c\u5e76\u8ba1\u5212\u5728\u5e74\u5e95\u524d\u8fdb\u884c\u6b27\u6d32\u548c\u571f\u8033\u5176\u7684\u6d4b\u8bd5\u3002\u767e\u5ea6\u6709\u671b\u5229\u7528\u4e2d\u56fd\u7684\u4eba\u5de5\u667a\u80fd\u53d1\u5c55\uff0c\u51ed\u501f\u5176\u81ea\u4e3b\u82af\u7247\u57fa\u7840\u8bbe\u65bd\u548c\u9ad8\u6548\u7684\u5546\u4e1a\u6a21\u5f0f\uff0c\u4e0e\u56fd\u5185\u5bf9\u624b\u548c\u5168\u7403\u6807\u51c6\u7ade\u4e89\u3002Apollo Go\u5411\u4e2d\u4e1c\u548c\u6b27\u6d32\u5e02\u573a\u7684\u6269\u5c55\u8868\u660e\u5176\u6838\u5fc3\u641c\u7d22\u4e4b\u5916\u7684\u6536\u5165\u6f5c\u529b\uff0c\u800c\u5176\u5f00\u653e\u83b7\u53d6\u7684ERNIE\u751f\u6001\u7cfb\u7edf\u53ef\u80fd\u52a0\u901f\u5728\u4f01\u4e1a\u548c\u6d88\u8d39\u8005\u9886\u57df\u7684\u91c7\u7528\u3002\u7136\u800c\uff0c\u968f\u7740\u516c\u53f8\u5728\u57fa\u7840\u6a21\u578b\u4e0a\u7684\u7814\u53d1\u6295\u8d44\u4e0e\u5728\u65e5\u76ca\u62e5\u6324\u7684\u9886\u57df\u4e2d\u5b9e\u73b0\u4eba\u5de5\u667a\u80fd\u9886\u5bfc\u5730\u4f4d\u7684\u9700\u6c42\u4e4b\u95f4\u7684\u5e73\u8861\uff0c\u5229\u6da6\u538b\u529b\u53ef\u80fd\u4f1a\u6301\u7eed\u3002<strong>25\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a82\u7f8e\u5143\u81f395\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Target Corp. (TGT)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1Q25 Revenue: <\/strong>$23.8B, -3.0% YoY, miss estimates by $550M <br>  <\/li>\n\n\n\n<li><strong>1Q25 Non-GAAP EPS: <\/strong>$1.30, miss estimates by $0.35<br>  <\/li>\n\n\n\n<li><strong>FY25 Guidance:<\/strong> Expect annual adjusted earnings between $7.00 and $9.00 per share, compared to its prior forecast of $8.80 to $9.80.<br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> Target slashed its annual sales forecast, now expecting a low-single-digit decline after Q1 same-store sales fell 3.8%, worse than the estimated 1.08% drop, as inflation-weary shoppers cut back on discretionary spending. The retailer also faced backlash for scaling back DEI initiatives, which hurt brand loyalty, while Trump-era tariffs on Chinese imports, making up about 30% of Target\u2019s private-label goods,  squeezed margins. Adjusted EPS of US$1.30 missed estimates of US$1.61 and revenue of US$23.8bn also missed analysts\u2019 estimates. Unlike Walmart, which relies on groceries, Target\u2019s focus on non-essentials, such as apparel and home goods, which leaves it more exposed to economic pressures. Efforts to diversify sourcing by reducing China reliance from 60% in 2017 to under 25% by 2025 and supplier negotiations aim to mitigate tariff impacts, but pricing hikes remain a last resort for the retailer. Looking ahead, Target needs to balance cost pressures from tariffs with efforts to regain consumer trust and refine its merchandise mix. Should inflation ease and sourcing shifts progress, Target\u2019s margins could improve, but risks remain if consumer sentiment fails to rebound or tariff costs escalate further. <strong>2Q25<\/strong> <strong>recommended trading range: $80 to $98. Negative Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5854\u5409\u7279\u516c\u53f8 (TGT)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>238\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d3.0%\uff0c\u4f4e\u4e8e\u9884\u671f5,500\u4e07\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>1.30\u7f8e\u5143\uff0c\u4f4e\u4e8e\u9884\u671f0.35\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u5e74\u5ea6\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u57287.00\u7f8e\u5143\u81f39.00\u7f8e\u5143\u4e4b\u95f4\uff0c\u4f4e\u4e8e\u4e4b\u524d\u7684\u9884\u671f8.80\u7f8e\u5143\u81f39.80\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a<\/strong> \u5854\u5409\u7279\u4e0b\u8c03\u4e86\u5e74\u5ea6\u9500\u552e\u9884\u671f\uff0c\u73b0\u5728\u9884\u8ba1\u5c06\u51fa\u73b0\u4f4e\u4e2a\u4f4d\u6570\u7684\u4e0b\u964d\uff0c\u56e0\u4e3a\u7b2c\u4e00\u5b63\u5ea6\u540c\u5e97\u9500\u552e\u4e0b\u964d3.8%\uff0c\u4f4e\u4e8e\u9884\u671f\u76841.08%\u964d\u5e45\uff0c\u53d7\u901a\u8d27\u81a8\u80c0\u5f71\u54cd\uff0c\u6d88\u8d39\u8005\u524a\u51cf\u4e86\u975e\u5fc5\u9700\u54c1\u652f\u51fa\u3002\u8be5\u96f6\u552e\u5546\u8fd8\u56e0\u7f29\u51cf\u591a\u6837\u6027\u3001\u516c\u5e73\u6027\u548c\u5305\u5bb9\u6027\uff08DEI\uff09\u4e3e\u63aa\u800c\u9762\u4e34\u53cd\u5bf9\uff0c\u8fd9\u635f\u5bb3\u4e86\u54c1\u724c\u5fe0\u8bda\u5ea6\u3002\u540c\u65f6\uff0c\u7279\u6717\u666e\u65f6\u4ee3\u5bf9\u4e2d\u56fd\u8fdb\u53e3\u5546\u54c1\u7684\u5173\u7a0e\uff08\u5360\u5854\u5409\u7279\u81ea\u6709\u54c1\u724c\u5546\u54c1\u7684\u7ea630%\uff09\u6324\u538b\u4e86\u5229\u6da6\u3002\u8c03\u6574\u540e\u7684\u6bcf\u80a1\u6536\u76ca\u4e3a1.30\u7f8e\u5143\uff0c\u4f4e\u4e8e\u9884\u671f\u76841.61\u7f8e\u5143\uff0c\u8425\u6536238\u4ebf\u7f8e\u5143\u4e5f\u672a\u8fbe\u5230\u5206\u6790\u5e08\u7684\u9884\u671f\u3002\u4e0e\u4f9d\u8d56\u6742\u8d27\u7684\u6c83\u5c14\u739b\u4e0d\u540c\uff0c\u5854\u5409\u7279\u4e13\u6ce8\u4e8e\u975e\u5fc5\u9700\u54c1\uff0c\u5982\u670d\u88c5\u548c\u5bb6\u5c45\u7528\u54c1\uff0c\u4f7f\u5176\u66f4\u5bb9\u6613\u53d7\u5230\u7ecf\u6d4e\u538b\u529b\u7684\u5f71\u54cd\u3002\u901a\u8fc7\u51cf\u5c11\u5bf9\u4e2d\u56fd\u7684\u4f9d\u8d56\uff08\u4ece2017\u5e74\u768460%\u964d\u81f32025\u5e74\u768425%\u4ee5\u4e0b\uff09\u548c\u4e0e\u4f9b\u5e94\u5546\u7684\u8c08\u5224\uff0c\u5854\u5409\u7279\u52aa\u529b\u591a\u6837\u5316\u91c7\u8d2d\uff0c\u4ee5\u51cf\u8f7b\u5173\u7a0e\u5f71\u54cd\uff0c\u4f46\u4ef7\u683c\u4e0a\u6da8\u4ecd\u7136\u662f\u8be5\u96f6\u552e\u5546\u7684\u6700\u540e\u624b\u6bb5\u3002\u5c55\u671b\u672a\u6765\uff0c\u5854\u5409\u7279\u9700\u8981\u5728\u5173\u7a0e\u5e26\u6765\u7684\u6210\u672c\u538b\u529b\u4e0e\u52aa\u529b\u6062\u590d\u6d88\u8d39\u8005\u4fe1\u4efb\u548c\u4f18\u5316\u5546\u54c1\u7ec4\u5408\u4e4b\u95f4\u53d6\u5f97\u5e73\u8861\u3002\u5982\u679c\u901a\u8d27\u81a8\u80c0\u7f13\u89e3\u548c\u91c7\u8d2d\u8f6c\u53d8\u987a\u5229\uff0c\u5854\u5409\u7279\u7684\u5229\u6da6\u53ef\u80fd\u4f1a\u6539\u5584\uff0c\u4f46\u5982\u679c\u6d88\u8d39\u8005\u4fe1\u5fc3\u672a\u80fd\u53cd\u5f39\u6216\u5173\u7a0e\u6210\u672c\u8fdb\u4e00\u6b65\u4e0a\u5347\uff0c\u98ce\u9669\u4ecd\u7136\u5b58\u5728\u3002<strong>25\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a80\u7f8e\u5143\u81f398\u7f8e\u5143\u3002\u8d1f\u9762\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TJX Companies Inc. (TJX)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1Q26 Revenue: <\/strong>$13.11B, +5.0% YoY, beat estimates by $80M<br>  <\/li>\n\n\n\n<li><strong>1Q26 GAAP EPS: <\/strong>$0.92, beat estimates by $0.01<br>  <\/li>\n\n\n\n<li><strong>2Q26 Guidance:<\/strong> Expect comparable sales growth of 2% to 3%, compared with analysts\u2019 estimate of a 2.98% rise. It expects earnings per share between $0.97 and $1, shy of the $1.03 estimate<br>  <\/li>\n\n\n\n<li><strong>FY26 Guidance:<\/strong> Maintain $4.34-$4.43 EPS guidance and 2%-3% comp sales growth outlook amid tariff challenges. <br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> TJX delivered first quarter revenue of US$13.11bn and EPS of US$0.92 both above estimates, driven by resilient consumer demand as budget-conscious shoppers flocked to its off-price banners amid economic uncertainty. The company reaffirmed its fiscal 2026 guidance of a 2% to 3% comp sales growth and EPS of between US$4.34 to US$4.43. While tariffs pose a headwind, the company expects to mitigate impacts through flexible sourcing, pricing adjustments, and its value gap advantage. Q2 EPS guidance of US$0.97 to US$1.00 fell slightly below consensus of US$1.03, reflecting near-term tariff pressures on committed inventory, but its diversified supply chain, mostly reliant on U.S. middlemen, position it to navigate trade policy shifts better than peers. We believe that TJX is well-positioned to capitalize on sustained consumer trade-down trends, with its agile sourcing model and value-focused proposition providing insulation against macroeconomic volatility. While tariffs may temporarily compress margins, the company\u2019s pricing power and inventory flexibility should enable it to maintain its growth trajectory in a challenging retail landscape. <strong>2Q26<\/strong> <strong>recommended trading range: $125 to $136. Neutral Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TJX\u516c\u53f8 (TJX)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>26\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>131.1\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f5.0%\uff0c\u8d85\u51fa\u9884\u671f8,000\u4e07\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u7b2c\u4e00\u5b63GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>0.92\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.01\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u53ef\u6bd4\u9500\u552e\u589e\u957f\u57282%\u81f33%\u4e4b\u95f4\uff0c\u9ad8\u4e8e\u5206\u6790\u5e08\u9884\u671f\u76842.98%\u589e\u957f\u3002\u9884\u8ba1\u6bcf\u80a1\u6536\u76ca\u57280.97\u7f8e\u5143\u81f31.00\u7f8e\u5143\u4e4b\u95f4\uff0c\u4f4e\u4e8e1.03\u7f8e\u5143\u7684\u9884\u671f\u3002<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u6307\u5f15\uff1a<\/strong>\u7ef4\u6301\u6bcf\u80a1\u6536\u76ca\u57284.34\u7f8e\u5143\u81f34.43\u7f8e\u5143\u4e4b\u95f4\u7684\u9884\u671f\uff0c\u5e76\u9884\u8ba1\u5728\u5173\u7a0e\u6311\u6218\u4e0b\u53ef\u6bd4\u9500\u552e\u589e\u957f2%\u81f33%\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a <\/strong>TJX\u7b2c\u4e00\u5b63\u5ea6\u8425\u6536\u4e3a131.1\u4ebf\u7f8e\u5143\uff0c\u6bcf\u80a1\u6536\u76ca\u4e3a0.92\u7f8e\u5143\uff0c\u5747\u8d85\u51fa\u9884\u671f\uff0c\u5f97\u76ca\u4e8e\u6d88\u8d39\u8005\u9700\u6c42\u7684\u97e7\u6027\uff0c\u5728\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u6027\u4e2d\uff0c\u9884\u7b97\u6709\u9650\u7684\u6d88\u8d39\u8005\u7eb7\u7eb7\u6d8c\u5411\u5176\u6298\u6263\u54c1\u724c\u3002\u516c\u53f8\u91cd\u7533\u51762026\u8d22\u5e74\u7684\u6307\u5f15\uff0c\u9884\u8ba1\u53ef\u6bd4\u9500\u552e\u589e\u957f\u57282%\u81f33%\u4e4b\u95f4\uff0c\u6bcf\u80a1\u6536\u76ca\u57284.34\u7f8e\u5143\u81f34.43\u7f8e\u5143\u4e4b\u95f4\u3002\u5c3d\u7ba1\u5173\u7a0e\u5e26\u6765\u538b\u529b\uff0c\u516c\u53f8\u9884\u8ba1\u5c06\u901a\u8fc7\u7075\u6d3b\u7684\u91c7\u8d2d\u3001\u4ef7\u683c\u8c03\u6574\u548c\u4ef7\u503c\u5dee\u8ddd\u4f18\u52bf\u6765\u51cf\u8f7b\u5f71\u54cd\u3002\u7b2c\u4e8c\u5b63\u5ea6\u6bcf\u80a1\u6536\u76ca\u6307\u5f15\u57280.97\u7f8e\u5143\u81f31.00\u7f8e\u5143\u4e4b\u95f4\uff0c\u7565\u4f4e\u4e8e1.03\u7f8e\u5143\u7684\u5171\u8bc6\uff0c\u53cd\u6620\u51fa\u5bf9\u627f\u8bfa\u5e93\u5b58\u7684\u8fd1\u671f\u5173\u7a0e\u538b\u529b\uff0c\u4f46\u5176\u591a\u5143\u5316\u7684\u4f9b\u5e94\u94fe\uff0c\u4e3b\u8981\u4f9d\u8d56\u7f8e\u56fd\u4e2d\u4ecb\uff0c\u4f7f\u5176\u80fd\u591f\u6bd4\u540c\u884c\u66f4\u597d\u5730\u5e94\u5bf9\u8d38\u6613\u653f\u7b56\u7684\u53d8\u5316\u3002\u6211\u4eec\u8ba4\u4e3aTJX\u6709\u826f\u597d\u7684\u6761\u4ef6\u6765\u5229\u7528\u6301\u7eed\u7684\u6d88\u8d39\u8005\u964d\u7ea7\u8d8b\u52bf\uff0c\u5176\u7075\u6d3b\u7684\u91c7\u8d2d\u6a21\u5f0f\u548c\u4ee5\u4ef7\u503c\u4e3a\u5bfc\u5411\u7684\u4e3b\u5f20\u4e3a\u5176\u62b5\u5fa1\u5b8f\u89c2\u7ecf\u6d4e\u6ce2\u52a8\u63d0\u4f9b\u4e86\u4fdd\u62a4\u3002\u5c3d\u7ba1\u5173\u7a0e\u53ef\u80fd\u6682\u65f6\u538b\u7f29\u5229\u6da6\uff0c\u4f46\u516c\u53f8\u7684\u5b9a\u4ef7\u80fd\u529b\u548c\u5e93\u5b58\u7075\u6d3b\u6027\u5e94\u80fd\u4f7f\u5176\u5728\u9762\u4e34\u6311\u6218\u7684\u96f6\u552e\u73af\u5883\u4e2d\u4fdd\u6301\u589e\u957f\u8f68\u8ff9\u3002<strong>26\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a125\u7f8e\u5143\u81f3136\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Xpeng Inc. (XPEV)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1Q25 Revenue: <\/strong>$2.18B, +141.5% YoY, in-line with estimates<br>  <\/li>\n\n\n\n<li><strong>1Q25 Non-GAAP EPS: \u2013<\/strong>$0.03, beat estimates by $0.18<br>  <\/li>\n\n\n\n<li><strong>2Q25 Guidance:<\/strong> Expect revenue of RMB 17.5B to RMB 18.7B, the midpoint of which is above analysts\u2019 average estimate of RMB16.85B. It expects to deliver between 102,000 and 108,000 vehicles.<br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> XPeng delivered favourable first quarter results with revenue of US$2.18bn in-line with estimates and EPS of -US$0.03 surpassing estimates. The company reported a Q1 gross margin expansion to 15.6% compared to 12.9% in the same period last year and a narrowed loss, driven by strong demand for its MONA M03 sedan, competing with BYD and Tesla, and its premium X9 minivan. It forecast Q2 revenue of RMB17.5bn to RMB18.7bn, surpassing estimates of RMB16.85bn, as deliveries are expected to jump 237.7%-257.5% YoY to 102K-108K vehicles. The CEO highlighted record deliveries, making XPeng the top-selling emerging EV brand in China. Xpeng also plans to achieve mass production of vehicles with Level 3 autonomous features in China by late 2025, a significant improvement from Level 2 systems widely used. Looking ahead, XPeng is well-positioned to capitalize on China\u2019s EV adoption wave, with its competitive pricing, margin improvements, and advanced autonomous driving roadmap. The upcoming Level 3 autonomy rollout could further differentiate its offerings, while expansion into premium segments, such as X9, and cost efficiencies may accelerate its path to profitability. However, intensifying competition and macroeconomic pressures remain key challenges to monitor. <strong>2Q25<\/strong> <strong>recommended trading range: $19 to $24. Neutral Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5c0f\u9e4f\u6c7d\u8f66 (XPEV)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>21.8\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f141.5%\uff0c\u7b26\u5408\u9884\u671f<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u4e8f\u635f\uff1a<\/strong>0.03\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.18\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u8425\u6536\u5728\u4eba\u6c11\u5e01175\u4ebf\u5143\u81f3187\u4ebf\u5143\u4e4b\u95f4\uff0c\u4e2d\u503c\u9ad8\u4e8e\u5206\u6790\u5e08\u5e73\u5747\u9884\u671f\u7684\u4eba\u6c11\u5e01168.5\u4ebf\u5143\uff0c\u9884\u8ba1\u4ea4\u4ed8\u91cf\u572810.2\u4e07\u81f310.8\u4e07\u8f86\u4e4b\u95f4\u3002<br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a <\/strong>\u5c0f\u9e4f\u6c7d\u8f66\u7b2c\u4e00\u5b63\u5ea6\u4e1a\u7ee9\u8868\u73b0\u4f18\u5f02\uff0c\u8425\u6536\u4e3a21.8\u4ebf\u7f8e\u5143\uff0c\u7b26\u5408\u9884\u671f\uff0c\u6bcf\u80a1\u4e8f\u635f\u4e3a0.03\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f\u3002\u516c\u53f8\u62a5\u544a\u7b2c\u4e00\u5b63\u5ea6\u6bdb\u5229\u7387\u6269\u5927\u81f315.6%\uff0c\u800c\u53bb\u5e74\u540c\u671f\u4e3a12.9%\uff0c\u4e8f\u635f\u6536\u7a84\uff0c\u5f97\u76ca\u4e8e\u5176MONA M03\u8f7f\u8f66\u7684\u5f3a\u52b2\u9700\u6c42\uff0c\u4e0e\u6bd4\u4e9a\u8fea\u548c\u7279\u65af\u62c9\u7ade\u4e89\uff0c\u4ee5\u53ca\u5176\u9ad8\u7aefX9\u9762\u5305\u8f66\u3002\u9884\u8ba1\u7b2c\u4e8c\u5b63\u5ea6\u8425\u6536\u5728\u4eba\u6c11\u5e01175\u4ebf\u5143\u81f3187\u4ebf\u5143\u4e4b\u95f4\uff0c\u8d85\u8fc7\u4eba\u6c11\u5e01168.5\u4ebf\u5143\u7684\u9884\u671f\uff0c\u4ea4\u4ed8\u91cf\u9884\u8ba1\u540c\u6bd4\u589e\u957f237.7%-257.5%\uff0c\u8fbe\u523010.2\u4e07\u81f310.8\u4e07\u8f86\u3002\u9996\u5e2d\u6267\u884c\u5b98\u5f3a\u8c03\u521b\u7eaa\u5f55\u7684\u4ea4\u4ed8\u91cf\uff0c\u4f7f\u5c0f\u9e4f\u6210\u4e3a\u4e2d\u56fd\u9500\u91cf\u6700\u9ad8\u7684\u65b0\u5174\u7535\u52a8\u8f66\u54c1\u724c\u3002\u5c0f\u9e4f\u8fd8\u8ba1\u5212\u57282025\u5e74\u5e95\u524d\u5728\u4e2d\u56fd\u5b9e\u73b0\u5177\u5907\u4e09\u7ea7\u81ea\u52a8\u9a7e\u9a76\u529f\u80fd\u7684\u8f66\u8f86\u7684\u91cf\u4ea7\uff0c\u8fd9\u76f8\u6bd4\u4e8e\u5e7f\u6cdb\u4f7f\u7528\u7684\u4e8c\u7ea7\u7cfb\u7edf\u6709\u663e\u8457\u63d0\u5347\u3002\u5c55\u671b\u672a\u6765\uff0c\u5c0f\u9e4f\u5c06\u80fd\u591f\u5229\u7528\u4e2d\u56fd\u7535\u52a8\u8f66\u7684\u666e\u53ca\u6d6a\u6f6e\uff0c\u51ed\u501f\u5176\u5177\u7ade\u4e89\u529b\u7684\u5b9a\u4ef7\u3001\u5229\u6da6\u6539\u5584\u548c\u5148\u8fdb\u7684\u81ea\u52a8\u9a7e\u9a76\u8def\u7ebf\u56fe\u3002\u5373\u5c06\u63a8\u51fa\u7684\u4e09\u7ea7\u81ea\u52a8\u9a7e\u9a76\u529f\u80fd\u6709\u671b\u8fdb\u4e00\u6b65\u533a\u5206\u5176\u4ea7\u54c1\uff0c\u800c\u5411\u9ad8\u7aef\u5e02\u573a\u7684\u6269\u5c55\u548c\u6210\u672c\u6548\u7387\u53ef\u80fd\u52a0\u901f\u5176\u76c8\u5229\u4e4b\u8def\u3002\u7136\u800c\uff0c\u7ade\u4e89\u52a0\u5267\u548c\u5b8f\u89c2\u7ecf\u6d4e\u538b\u529b\u4ecd\u7136\u662f\u9700\u8981\u5173\u6ce8\u7684\u4e3b\u8981\u6311\u6218\u3002<strong>25\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a19\u7f8e\u5143\u81f324\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Snowflake Inc. (SNOW)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1Q26 Revenue: <\/strong>$1.04B, +25.5% YoY, beat estimates by $30M <br>  <\/li>\n\n\n\n<li><strong>1Q26 Non-GAAP EPS: <\/strong>$0.26, beat estimates by $0.05<br>  <\/li>\n\n\n\n<li><strong>2Q26 Guidance:<\/strong> Expect product revenue in the range of $1.035B to $1.040B, compared with estimates of $1.021B. <br>  <\/li>\n\n\n\n<li><strong>FY26 Guidance: <\/strong>Raised product revenue expectations to $4.325B, compared to its prior target of $4.28B.<br>  <\/li>\n\n\n\n<li><strong>Comment:<\/strong> Snowflake raised its fiscal 2026 product revenue forecast to US$4.325bn, from the previous US$4.28bn, after Q1 product revenue surged 26% YoY to US$996.8mn, beating estimates, as enterprises ramp up AI and cloud investments. The firm also projected strong Q2 product revenue of between US$1.035bn to US$1.040bn, compared to US$1.021bn estimate, and posted EPS of US$0.26 above the US$0.31 expected. Snowflake\u2019s AI integrations, including partnerships with OpenAI and Anthropic, are attracting customers seeking to build advanced AI models on its platform, fuelling growth despite broader tech spending scrutiny. Snowflake is poised to maintain its leadership in cloud-based data analytics as AI adoption accelerates, with its partnerships and platform flexibility driving enterprise demand. However, competition from hyperscalers and cost optimization trends could pressure growth rates, requiring continued innovation in AI-native solutions to sustain momentum. <strong>2Q26<\/strong> <strong>recommended trading range: $180 to $200. Neutral Outlook. <\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u96ea\u82b1\u516c\u53f8 (SNOW)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>26\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\uff1a<\/strong>10.4\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f25.5%\uff0c\u8d85\u51fa\u9884\u671f3,000\u4e07\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u7b2c\u4e00\u5b63Non-GAAP\u6bcf\u80a1\u6536\u76ca\uff1a<\/strong>0.26\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.05\u7f8e\u5143<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u7b2c\u4e8c\u5b63\u6307\u5f15\uff1a<\/strong>\u9884\u8ba1\u4ea7\u54c1\u6536\u5165\u572810.35\u4ebf\u7f8e\u5143\u81f310.40\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u9ad8\u4e8e\u9884\u671f\u768410.21\u4ebf\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>26\u8d22\u5e74\u6307\u5f15\uff1a\u5c06\u4ea7\u54c1\u6536\u5165\u9884\u671f\u4e0a\u8c03\u81f343.25\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e\u4e4b\u524d\u768442.8\u4ebf\u7f8e\u5143\u76ee\u6807\u3002<\/strong><br>  <\/li>\n\n\n\n<li><strong>\u77ed\u8bc4\uff1a <\/strong>\u96ea\u82b1\u516c\u53f8\u57282026\u8d22\u5e74\u7b2c\u4e00\u5b63\u5ea6\u5c06\u4ea7\u54c1\u6536\u5165\u9884\u671f\u4e0a\u8c03\u81f343.25\u4ebf\u7f8e\u5143\uff0c\u8f83\u4e4b\u524d\u768442.8\u4ebf\u7f8e\u5143\u6709\u6240\u589e\u52a0\uff0c\u4e3b\u8981\u662f\u7531\u4e8e\u7b2c\u4e00\u5b63\u5ea6\u4ea7\u54c1\u6536\u5165\u540c\u6bd4\u589e\u957f26%\u81f39.968\u4ebf\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f\uff0c\u4f01\u4e1a\u52a0\u5927\u4e86\u5bf9\u4eba\u5de5\u667a\u80fd\u548c\u4e91\u8ba1\u7b97\u7684\u6295\u8d44\u3002\u8be5\u516c\u53f8\u8fd8\u9884\u6d4b\u7b2c\u4e8c\u5b63\u5ea6\u7684\u4ea7\u54c1\u6536\u5165\u5c06\u572810.35\u4ebf\u7f8e\u5143\u81f310.40\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u9ad8\u4e8e10.21\u4ebf\u7f8e\u5143\u7684\u9884\u671f\uff0c\u6bcf\u80a1\u6536\u76ca\u4e3a0.26\u7f8e\u5143\uff0c\u9ad8\u4e8e\u9884\u671f\u76840.31\u7f8e\u5143\u3002\u96ea\u82b1\u7684\u4eba\u5de5\u667a\u80fd\u6574\u5408\uff0c\u5305\u62ec\u4e0eOpenAI\u548cAnthropic\u7684\u5408\u4f5c\uff0c\u5438\u5f15\u4e86\u5e0c\u671b\u5728\u5176\u5e73\u53f0\u4e0a\u6784\u5efa\u9ad8\u7ea7AI\u6a21\u578b\u7684\u5ba2\u6237\uff0c\u5c3d\u7ba1\u6574\u4f53\u6280\u672f\u652f\u51fa\u53d7\u5230\u5ba1\u67e5\uff0c\u4ecd\u63a8\u52a8\u4e86\u589e\u957f\u3002\u968f\u7740AI\u91c7\u7528\u7684\u52a0\u901f\uff0c\u96ea\u82b1\u6709\u671b\u5728\u57fa\u4e8e\u4e91\u7684\u6570\u636e\u5206\u6790\u9886\u57df\u4fdd\u6301\u9886\u5148\u5730\u4f4d\uff0c\u5176\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\u548c\u5e73\u53f0\u7075\u6d3b\u6027\u63a8\u52a8\u4e86\u4f01\u4e1a\u9700\u6c42\u3002\u7136\u800c\uff0c\u6765\u81ea\u8d85\u5927\u89c4\u6a21\u4e91\u670d\u52a1\u5546\u7684\u7ade\u4e89\u548c\u6210\u672c\u4f18\u5316\u8d8b\u52bf\u53ef\u80fd\u5bf9\u589e\u957f\u7387\u65bd\u52a0\u538b\u529b\uff0c\u9700\u6301\u7eed\u5728AI\u539f\u751f\u89e3\u51b3\u65b9\u6848\u4e0a\u8fdb\u884c\u521b\u65b0\u4ee5\u7ef4\u6301\u52bf\u5934\u3002<strong>26\u8d22\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5efa\u8bae\u4ea4\u6613\u533a\u95f4\uff1a180\u7f8e\u5143\u81f3200\u7f8e\u5143\u3002\u4e2d\u6027\u524d\u666f\u3002<\/strong><br>  <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-uagb-image alignleft uagb-block-971ecb1b wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-left\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/www.kgieworld.sg\/research\/KGISGWA\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png ,https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png 780w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png\" alt=\"\" class=\"uag-image-59753\" width=\"637\" height=\"174\" title=\"Get more from KGI on WhatsApp.\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png\" alt=\"\" class=\"wp-image-15031\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>United States | Singapore | Hong Kong | Earnings Agnico Eagle Mines Ltd. (AEM US) Newmont Corp. (NEM US) ^ Back To Top SIA Engineering Ltd. (SIE SP) Singapore Airlines Ltd. (SIA SP) ^ Back To Top China Shenhua Energy Co Ltd (1088 HK) China Coal Energy Co Ltd (1898 HK) ^ Back To Top [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-68006","post","type-post","status-publish","format-standard","hentry","category-technical-analysis"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Jiong Han Lee\"\/>\n\t<meta name=\"keywords\" content=\"technical analysis\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"KGI Singapore Research \u2022 Singapore&#039;s leading broker offering Futures, FX, Equities and Wealth Management.\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research\" \/>\n\t\t<meta property=\"og:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2025-05-21T09:59:40+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2025-05-22T10:40:19+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research\" \/>\n\t\t<meta name=\"twitter:description\" content=\"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#blogposting\",\"name\":\"Technical Analysis \\u2013 22 May 2025 \\u2022 KGI Singapore Research\",\"headline\":\"Technical Analysis &#8211; 22 May 2025\",\"author\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/jionghan-leekgi-com\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/word-image-136.png?wsr\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#articleImage\",\"width\":637,\"height\":135},\"datePublished\":\"2025-05-21T17:59:40+08:00\",\"dateModified\":\"2025-05-22T18:40:19+08:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#webpage\"},\"articleSection\":\"Technical Analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"name\":\"Technical Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"position\":2,\"name\":\"Technical Analysis\",\"item\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#listItem\",\"name\":\"Technical Analysis &#8211; 22 May 2025\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#listItem\",\"position\":3,\"name\":\"Technical Analysis &#8211; 22 May 2025\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/category\\\/technical-analysis\\\/#listItem\",\"name\":\"Technical Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#organization\",\"name\":\"KGI Research Singapore\",\"description\":\"Singapore's leading broker offering Futures, FX, Equities and Wealth Management.\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/\",\"telephone\":\"+6562021188\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/cropped-Square-logo-PNG.png?wsr\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#organizationLogo\",\"width\":512,\"height\":512},\"image\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#organizationLogo\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/jionghan-leekgi-com\\\/#author\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/jionghan-leekgi-com\\\/\",\"name\":\"Jiong Han Lee\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b90c0aaa9693b6dc42d9cfd11e3f78d04889aa9412286139e67a8cf7465b0f2f?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Jiong Han Lee\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#webpage\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/\",\"name\":\"Technical Analysis \\u2013 22 May 2025 \\u2022 KGI Singapore Research\",\"description\":\"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \\u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/technical-analysis-22-may-2025\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/jionghan-leekgi-com\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/author\\\/jionghan-leekgi-com\\\/#author\"},\"datePublished\":\"2025-05-21T17:59:40+08:00\",\"dateModified\":\"2025-05-22T18:40:19+08:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#website\",\"url\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/\",\"name\":\"KGI Singapore Research\",\"description\":\"Singapore's leading broker offering Futures, FX, Equities and Wealth Management.\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research","description":"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed","canonical_url":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/","robots":"max-image-preview:large","keywords":"technical analysis","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#blogposting","name":"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research","headline":"Technical Analysis &#8211; 22 May 2025","author":{"@id":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/#author"},"publisher":{"@id":"https:\/\/www.kgieworld.sg\/research\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-136.png?wsr","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#articleImage","width":637,"height":135},"datePublished":"2025-05-21T17:59:40+08:00","dateModified":"2025-05-22T18:40:19+08:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#webpage"},"isPartOf":{"@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#webpage"},"articleSection":"Technical Analysis"},{"@type":"BreadcrumbList","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research#listItem","position":1,"name":"Home","item":"https:\/\/www.kgieworld.sg\/research","nextItem":{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research\/category\/technical-analysis\/#listItem","name":"Technical Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research\/category\/technical-analysis\/#listItem","position":2,"name":"Technical Analysis","item":"https:\/\/www.kgieworld.sg\/research\/category\/technical-analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#listItem","name":"Technical Analysis &#8211; 22 May 2025"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#listItem","position":3,"name":"Technical Analysis &#8211; 22 May 2025","previousItem":{"@type":"ListItem","@id":"https:\/\/www.kgieworld.sg\/research\/category\/technical-analysis\/#listItem","name":"Technical Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.kgieworld.sg\/research\/#organization","name":"KGI Research Singapore","description":"Singapore's leading broker offering Futures, FX, Equities and Wealth Management.","url":"https:\/\/www.kgieworld.sg\/research\/","telephone":"+6562021188","logo":{"@type":"ImageObject","url":"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2020\/11\/cropped-Square-logo-PNG.png?wsr","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#organizationLogo","width":512,"height":512},"image":{"@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#organizationLogo"}},{"@type":"Person","@id":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/#author","url":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/","name":"Jiong Han Lee","image":{"@type":"ImageObject","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/b90c0aaa9693b6dc42d9cfd11e3f78d04889aa9412286139e67a8cf7465b0f2f?s=96&d=mm&r=g","width":96,"height":96,"caption":"Jiong Han Lee"}},{"@type":"WebPage","@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#webpage","url":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/","name":"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research","description":"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.kgieworld.sg\/research\/#website"},"breadcrumb":{"@id":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/#breadcrumblist"},"author":{"@id":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/#author"},"creator":{"@id":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/#author"},"datePublished":"2025-05-21T17:59:40+08:00","dateModified":"2025-05-22T18:40:19+08:00"},{"@type":"WebSite","@id":"https:\/\/www.kgieworld.sg\/research\/#website","url":"https:\/\/www.kgieworld.sg\/research\/","name":"KGI Singapore Research","description":"Singapore's leading broker offering Futures, FX, Equities and Wealth Management.","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.kgieworld.sg\/research\/#organization"}}]},"og:locale":"en_US","og:site_name":"KGI Singapore Research \u2022 Singapore's leading broker offering Futures, FX, Equities and Wealth Management.","og:type":"article","og:title":"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research","og:description":"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed","og:url":"https:\/\/www.kgieworld.sg\/research\/technical-analysis-22-may-2025\/","og:image":"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr","og:image:secure_url":"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr","article:published_time":"2025-05-21T09:59:40+00:00","article:modified_time":"2025-05-22T10:40:19+00:00","twitter:card":"summary","twitter:title":"Technical Analysis \u2013 22 May 2025 \u2022 KGI Singapore Research","twitter:description":"United States | Singapore | Hong Kong | Earnings Shares closed above the 20dEMA. The 5dEMA is about to cross the 20dEMA. RSI is constructive while MACD is about to turn positive. Long \u2013 Entry 114.8, Target 124.0, Stop 110.2 Newmont Corp. (NEM US) Shares closed above the 20dEMA with rising volume. The 5dEMA crossed","twitter:image":"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr"},"aioseo_meta_data":{"post_id":"68006","title":null,"description":null,"keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":{"id":"#aioseo-article-6707340a1aea4","slug":"article","graphName":"Article","label":"Article","properties":{"type":"BlogPosting","name":"#post_title","headline":"#post_title","description":"#post_excerpt","image":"","keywords":"","author":{"name":"#author_name","url":"#author_url"},"dates":{"include":true,"datePublished":"","dateModified":""}}},"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":"{\"article\":{\"articleType\":\"BlogPosting\"},\"course\":{\"name\":\"\",\"description\":\"\",\"provider\":\"\"},\"faq\":{\"pages\":[]},\"product\":{\"reviews\":[]},\"recipe\":{\"ingredients\":[],\"instructions\":[],\"keywords\":[]},\"software\":{\"reviews\":[],\"operatingSystems\":[]},\"webPage\":{\"webPageType\":\"WebPage\"}}","pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2025-05-21 09:55:41","updated":"2025-06-07 03:27:12","seo_analyzer_scan_date":null},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Jiong Han Lee","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"United States | Singapore | Hong Kong | Earnings Agnico Eagle Mines Ltd. (AEM US) Newmont Corp. (NEM US) ^ Back To Top SIA Engineering Ltd. (SIE SP) Singapore Airlines Ltd. (SIA SP) ^ Back To Top China Shenhua Energy Co Ltd (1088 HK) China Coal Energy Co Ltd (1898 HK) ^ Back To Top&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/68006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=68006"}],"version-history":[{"count":2,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/68006\/revisions"}],"predecessor-version":[{"id":68062,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/68006\/revisions\/68062"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=68006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=68006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=68006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}