Hesai Group American Depositary Share, each ADS represents one Class B ordinary share
Here’s whether Hesai Group American Depositary Share, each ADS represents one Class B ordinary share (HSAI) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: strong 1-year return of +111.1%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.21% over 10 days); RSI 73 — overbought, elevated pullback risk; 3-month momentum negative (-18.6%). Currently 24.6% off its 52-week high. Score: -5/7.
HSAI is trading below its 200-day MA ($23.75) — a key warning sign the longer-term trend is under pressure. With an RSI of 72.7, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +111.1% compares to +35.1% for SPY (beat the market by 76.0%). The current 24.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.