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Northeast Electric Development Company Limited

0042.HK Technical Analysis Summary (HKSE)

Analyze 0042.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0042.HKHKSE
Consumer CyclicalTravel Lodging
HK$0.23
HK$0.005(2.27%)
Hong Kong Market opens in 16h 56m

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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

0042.HK Technical Analysis Summary (HKSE)

Northeast Electric Development Company Limited (HKSE: 0042.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.36)
Trend Strength:Strong (ADX: 30.30)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.22 – $0.25 (Bollinger Bands)

Technical conditions suggest Northeast Electric Development Company Limited on the HKSE is awaiting a decisive move. This mix signals that Northeast Electric Development Company Limited is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 51.36

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.40

Bullish
Buying momentum building without extremes.

Williams %R: -21.05

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.70

Bullish
Steady upward momentum.

Takeaway:Northeast Electric Development Company Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 30.30

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 13.73

Neutral
Neutral, no strong directional signal.

Takeaway:Northeast Electric Development Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.25
Middle Band (SMA 20)
$0.23
Lower Band
$0.22
Current Position
Within Bands

Takeaway:Northeast Electric Development Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.26
Middle Line (EMA 20)
$0.23
Lower Channel
$0.20
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-4.72M
Money Flow Index51.48Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.62Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0042.HK shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Northeast Electric Development Company Limited (HKSE: 0042.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Northeast Electric Development Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 0042.HK) Technical Analysis FAQ