GDS Holdings Limited technical analysis
Technical analysis of GDS Holdings Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is GDS Holdings Limited
GDS Holdings Limited is a Shanghai-based company founded in 2001 that develops and operates data centers in the People's Republic of China. It provides colocation, managed hosting, managed cloud, and consulting services to clients including cloud service providers, large internet companies, financial institutions, and telecommunications carriers. The stock is listed on the Hong Kong Stock Exchange under the ticker 9698.HK and operates in the technology sector.
Description generated automatically from public sources; it may be inaccurate or out of date.
GDS Holdings Limited: latest session data
Closing values for September 2, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
32.12
−7.34%
50 sessions
31.39
−5.19%
200 sessions
36.60
−18.68%
Session levels
s2
29.68
Support
s1
29.96
Support
pivot
30.20
Pivot
r1
30.48
Resistance
r2
30.72
Resistance
How to read it
In the September 2, 2026 session GDS Holdings Limited closed lower at 29.76 , −1.59% versus the previous session.
The price sits below every moving average observed: −7.34% against the 21-session average, −5.19% against the 50 and −18.68% against the 200.
The 14-period RSI reads 40.9, in neutral territory.
MACD stands at -0.245 against a signal line at 0.098: the histogram is negative (−0.343).
ADX reads 9.7, indicating weak directionality.
Levels computed on the latest session place supports at 29.96 and 29.68 and resistances at 30.48 and 30.72 , around a pivot of 30.20.
The average daily range (ATR) is 1.481 , or 4.98% of price.
Turnover was 3.5M shares, 55% of the 20-session average.
Over the last twelve months the price ranged between 27.32 and 46.94 , and today stands −36.60% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the 9698.HK analysis.
How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about GDS Holdings Limited
How is GDS Holdings (9698.HK) analyzed from a technical perspective?
Technical analysis of a stock like 9698.HK involves studying price and volume charts over time, using tools such as moving averages, support and resistance levels, and momentum indicators to identify recurring patterns in price behavior.
Which technical indicators are commonly used to analyze a technology stock listed in Hong Kong?
For technology stocks like 9698.HK, commonly used indicators include the RSI (Relative Strength Index) to assess overbought or oversold conditions, the MACD to identify trend changes, and Bollinger Bands to measure price volatility.
On which timeframes is it useful to observe the technical analysis of 9698.HK?
Technical analysis can be applied across multiple timeframes: daily or weekly charts are useful for identifying medium-to-long-term trends, while shorter intervals such as hourly or 15-minute charts are used to observe shorter-term price movements.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.