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The Bank of East Asia, Limited

0023.HK•HKSE
Financial Services
Banks - Regional
HK$14.14
HK$0.15(1.07%)
Hong Kong Market opens in 3h 20m

The Bank of East Asia, Limited (0023.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for The Bank of East Asia, Limited (HKSE:0023.HK).

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

0023.HK Technical Analysis Summary

The Bank of East Asia, Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.32)
Trend Strength:Weak (ADX: 14.78)
Volatility:Low (ATR: 0.27)
Support/Resistance:$13.59 – $14.28 (Bollinger Bands)

Technical conditions suggest The Bank of East Asia, Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.89

Bullish
Buying momentum building without extremes.

Williams %R: -18.07

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.09

Bullish
Steady upward momentum.

Takeaway:The Bank of East Asia, Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.78

Weak
Weak trend, market trading sideways.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): 50.95

Bullish
Bullish, momentum building upward.

Takeaway:The Bank of East Asia, Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.28
Middle Band (SMA 20)
$13.93
Lower Band
$13.59
Current Position
Within Bands

Takeaway:The Bank of East Asia, Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$14.52
Middle Line (EMA 20)
$13.97
Lower Channel
$13.42
Squeeze Status
Squeeze On

Takeaway:The Bank of East Asia, Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-13.75M
Money Flow Index55.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.04Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0023.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of The Bank of East Asia, Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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:Technical indicators for The Bank of East Asia, Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ