Volume spike at 1790.HK TIL Enviro (HKSE) 24 Jan 2026: liquidity key
A sharp intraday volume spike pushed 1790.HK stock to trade at HKD 0.56 on 24 Jan 2026, driven by 5,805,000.00 shares versus an average of 4,508.00. The surge produced a relative volume of 1287.71, signalling active liquidity in the Hong Kong (HKSE) session. Price action stayed close to the day high of HKD 0.57 as traders reacted to sector flows in Waste Management and Industrials. We review the drivers behind the volume spike, the company’s valuation and the technical setup that traders should watch intraday.
1790.HK stock: Intraday volume and price action
Volume exceeded normal trading by a large margin with 5,805,000.00 shares traded versus an average of 4,508.00, confirming a genuine volume spike. The stock opened at HKD 0.57 and traded between HKD 0.56 and HKD 0.57, closing near the intraday high and showing buying interest on short-term moves.
This intraday behaviour in Hong Kong suggests momentum traders are testing liquidity at current levels rather than opportunistic selling. On the HKSE session, that pattern often precedes follow-through or a quick reversal, so watch volume continuity and order book depth for confirmation.
1790.HK stock: Fundamentals and valuation
TIL Enviro Limited (1790.HK) is a Waste Management company listed on the HKSE and reported EPS HKD 0.07 and a trailing PE of 8.00. Market capitalisation is HKD 560,000,000.00 and book value per share is HKD 1.47, giving a PB ratio of 0.38, which implies the market prices a conservative recovery.
Key balance metrics support liquidity: current ratio 3.74 and interest coverage 6.39. Revenue per share is HKD 0.22 and free cash flow yield is strong at 22.94%, pointing to operational cash strength relative to market cap.
1790.HK stock: Technical signals and volume spike
Technical indicators show short-term strength with RSI 80.50 and ADX 68.11, indicating a strong and overbought trend on intraday charts. The MACD histogram is positive and momentum indicators flagged a fast move, consistent with the volume spike.
High MFI at 94.74 warns that buying pressure is stretched and a pullback is possible without sustained volume. Traders should monitor continuation volume and whether price stays above the 50‑day average HKD 0.49 for confirmation.
1790.HK stock: Meyka AI grade and forecast
Meyka AI rates 1790.HK with a score of 64.85 out of 100 (Grade B, HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. The score highlights reasonable fundamentals but limited upside without new catalysts.
Meyka AI’s forecast model projects monthly HKD 0.55, quarterly HKD 0.53, and yearly HKD 0.43 versus the current HKD 0.56, implying a model‑based one‑year downside of -23.21% from current price. Forecasts are model-based projections and not guarantees.
1790.HK stock: Risks, catalysts and trading strategy
Primary risks include regional regulation on water utilities, contract renewal timing for transfer-operate-transfer (TOT) assets, and slow receivables turnover (days sales outstanding 1434.11). Catalysts are new TOT contracts, better receivables collection, or sector re-rating.
For volume-spike trading, consider a tight plan: a short-term upside target HKD 0.66 (implied +17.86%) and a downside buffer HKD 0.40 (implied –28.57%) with stop placement based on order book liquidity during HKSE intraday hours. Monitor the next scheduled earnings on 2025-03-25 for fundamental news flow.
Final Thoughts
Key takeaway: the intraday volume spike in 1790.HK stock on 24 Jan 2026 shows real liquidity and short-term buyer interest, but technicals are overbought and the Meyka AI forecast model signals limited medium-term upside. Current price is HKD 0.56 while Meyka AI projects a one-year level of HKD 0.43, an implied downside of -23.21%. Our balanced view: traders can capture short-term momentum toward a near-term target of HKD 0.66 (implied +17.86%) but should protect capital with disciplined stops given the RSI 80.50 and high MFI. This note uses Meyka AI as an AI-powered market analysis platform to combine volume, technicals and fundamentals. Monitor upcoming earnings on 2025-03-25, sector flows in Waste Management and intraday volume continuity on the HKSE before adding exposure. Forecasts are model‑based projections and not guarantees.
FAQs
Why did 1790.HK stock spike in volume intraday?
The spike came from concentrated trading: 5,805,000.00 shares versus an average of 4,508.00, producing relative volume 1287.71. That suggests active liquidity and short-term momentum rather than a broad news release.
What are the valuation metrics for 1790.HK stock?
TIL Enviro shows PE 8.00, PB 0.38, book value per share HKD 1.47 and free cash flow yield 22.94%, indicating a low market valuation relative to its balance sheet strength.
How does Meyka AI view 1790.HK stock and the forecast?
Meyka AI rates 1790.HK 64.85/100 (Grade B, HOLD). The model projects yearly HKD 0.43 versus current HKD 0.56, an implied -23.21%. Forecasts are projections and not guarantees.
What trading rules apply to a volume‑spike in 1790.HK stock?
Trade with volume confirmation: enter on follow-through volume, set a target near HKD 0.66, and place a stop below recent liquidity support around HKD 0.40. Adjust size for market risk.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
