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First Tractor Company Limited

0038.HK•HKSE
Industrials
Agricultural - Machinery
HK$9.37
HK$0.67(7.70%)
Hong Kong Market opens in 13h 32m

First Tractor Company Limited (0038.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for First Tractor Company Limited (HKSE:0038.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

0038.HK Technical Analysis Summary

First Tractor Company Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.52)
Trend Strength:Weak (ADX: 15.87)
Volatility:Medium (ATR: 0.41)
Support/Resistance:$8.09 – $8.96 (Bollinger Bands)

Technical conditions suggest First Tractor Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.23

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.50

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.45

Neutral
Price change is minimal.

Takeaway:First Tractor Company Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.87

Weak
Weak trend, market trading sideways.

ATR (14): 0.41

Low
Low volatility, stable price action.

CCI (14): 97.58

Bullish
Bullish, momentum building upward.

Takeaway:First Tractor Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.96
Middle Band (SMA 20)
$8.53
Lower Band
$8.09
Current Position
Above Upper Band

Takeaway:First Tractor Company Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$9.46
Middle Line (EMA 20)
$8.64
Lower Channel
$7.83
Squeeze Status
Squeeze On

Takeaway:First Tractor Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-6.20M
Money Flow Index46.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.96Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0038.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of First Tractor Company Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:First Tractor Company Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

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