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New World Development Company Limited

0017.HK Technical Analysis Summary (HKSE)

Analyze 0017.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0017.HK●HKSE
Real EstateReal Estate - Diversified
HK$6.65
HK$0.19(2.78%)
Hong Kong Market opens in 21h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

0017.HK Technical Analysis Summary (HKSE)

New World Development Company Limited (HKSE: 0017.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.78)
Trend Strength:Strong (ADX: 31.80)
Volatility:Medium (ATR: 0.28)
Support/Resistance:$6.28 – $6.86 (Bollinger Bands)

Technical conditions suggest New World Development Company Limited on the HKSE is awaiting a decisive move. This mix signals that New World Development Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.78

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 70.76

Bullish
Buying momentum building without extremes.

Williams %R: -47.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.06

Bullish
Steady upward momentum.

Takeaway:New World Development Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.80

Strong
Strong trend, momentum well established.

ATR (14): 0.28

Low
Low volatility, stable price action.

CCI (14): 57.63

Bullish
Bullish, momentum building upward.

Takeaway:New World Development Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.86
Middle Band (SMA 20)
$6.57
Lower Band
$6.28
Current Position
Within Bands

Takeaway:New World Development Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$7.30
Middle Line (EMA 20)
$6.73
Lower Channel
$6.17
Squeeze Status
Squeeze On

Takeaway:New World Development Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-64.92M
Money Flow Index50.07Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.52Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0017.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of New World Development Company Limited (HKSE: 0017.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:New World Development Company Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0017.HK) Technical Analysis FAQ