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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.HK●HKSE
Consumer CyclicalTravel Lodging
HK$0.22
HK$0.01(4.29%)
Hong Kong Market opens in 1h 15m

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

0042.HK Technical Analysis Summary (HKSE)

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

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.46)
Trend Strength:Strong (ADX: 35.45)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.23 – $0.26 (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 in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.46

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 30.69

Bearish
Momentum remains weak below midpoint.

Williams %R: -93.10

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.44

Strongly Bearish
Sharp downside momentum.

Takeaway:Northeast Electric Development Company Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.45

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -233.72

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Northeast Electric Development Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.26
Middle Band (SMA 20)
$0.24
Lower Band
$0.23
Current Position
Below Lower Band

Takeaway:Northeast Electric Development Company Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.27
Middle Line (EMA 20)
$0.24
Lower Channel
$0.22
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-6.66M
Money Flow Index25.25Bearish, selling pressure outweighs inflows.
Relative Vigor Index14.01Bearish, price momentum favors sellers.

Overall Takeaway:0042.HK shows bearish money flow, with sellers dominating volume and vigor.

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

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:Northeast Electric Development Company Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(HKSE: 0042.HK) Technical Analysis FAQ