Red List

2586.HKDMALL

Technology · Software - Infrastructure · mid-cap ($3.6B)
-64.6%
from rolling 252-day high of 11.27 HKD set 2025-09-02 · 373d ago
Current
3.98 HKD
Decline depth
-64.6%
Decline σ
9.3σ
TFC
0/5 bearish

Since it joined the list

2586.HK has been on the Red List since 2026-09-08 — now down -64.6% from its 52-week high.

Structural break signals

2586.HK qualifies for the Red List on decline depth.

Decline depth
-64.6%
From rolling 252-day high of 11.27 HKD, 373d ago. Past the 40% Red List threshold.
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
9.3σ
Drop over the last 20 bars in units of daily volatility (3.37%/day). Past the ≥8σ Red List threshold — an extreme move.

The structural read

What price action says about 2586.HK.

2586.HK qualifies for the Red List on decline depth — down -64.6% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: decline sigma also reads 9.3σ over 20 bars.

Questions about 2586.HK

What people ask.

Why is 2586.HK on Broken Stocks?

2586.HK qualifies for the Red List on decline depth. It is down -64.6% from its rolling 252-day high of 11.27 HKD, set on 2025-09-02 — 373d ago.

Is 2586.HK a falling knife?

Not by the strict technical definition. 2586.HK is down -64.6% from its 52-week high, but that high was set 373d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. 2586.HK is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is 2586.HK a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is 2586.HK trading inside its 52-week range?

At 3.98 HKD, 2586.HK sits 0.0% of the way from its 52-week low (4.03 HKD) to its 52-week high (10.60 HKD). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has 2586.HK been declining?

The current 64.6% decline accrued over 373d, which annualizes to roughly -63.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does 2586.HK compare to its sector?

There are 455 other Technology tickers on Broken Stocks: 308 Red, 92 Amber, 55 Watch, with 49 showing recovering structural signals. Median sector decline is -40.5% — 2586.HK's decline is deeper than the sector median.