Advertisement
The Bank of East Asia, Limited

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.

0023.HKHKSE
Financial ServicesBanks - Regional
HK$13.23
HK$0.32(2.36%)
Hong Kong Market opens in NaNh NaNm
Advertisement

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 Bearish (RSI: 44.09)
Trend Strength:Moderate (ADX: 24.59)
Volatility:Medium (ATR: 0.33)
Support/Resistance:$13.12 – $14.32 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 67.49

Bullish
Buying momentum building without extremes.

Williams %R: -27.68

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.99

Bearish
Selling pressure outweighs buying.

Takeaway:The Bank of East Asia, Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.59

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.33

Low
Low volatility, stable price action.

CCI (14): -29.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:The Bank of East Asia, Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.32
Middle Band (SMA 20)
$13.72
Lower Band
$13.12
Current Position
Within Bands

Takeaway:The Bank of East Asia, Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$14.29
Middle Line (EMA 20)
$13.63
Lower Channel
$12.96
Squeeze Status
Squeeze On

Takeaway:The Bank of East Asia, Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.22M
Money Flow Index27.23Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.47Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0023.HK shows bearish money flow, with sellers dominating volume and vigor.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:The Bank of East Asia, Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ