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Manycore Tech

0068.HK Technical Analysis Summary (HKSE)

Analyze 0068.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0068.HK●HKSE
TechnologySoftware - Application
HK$8.16
HK$0.46(5.34%)
Hong Kong Market opens in 16h 18m

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

0068.HK Technical Analysis Summary (HKSE)

Manycore Tech (HKSE: 0068.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.19)
Trend Strength:Very Strong (ADX: 46.73)
Volatility:High (ATR: 1.07)
Support/Resistance:$7.39 – $12.09 (Bollinger Bands)

Technical conditions suggest Manycore Tech on the HKSE is awaiting a decisive move. This mix signals that Manycore Tech is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 33.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.92

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.70

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -19.61

Strongly Bearish
Sharp downside momentum.

Takeaway:Manycore Tech shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.75

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 46.73

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.07

Low
Low volatility, stable price action.

CCI (14): -86.23

Bearish
Bearish, momentum remains under pressure.

Takeaway:Manycore Tech shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.09
Middle Band (SMA 20)
$9.74
Lower Band
$7.39
Current Position
Within Bands

Takeaway:Manycore Tech trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$12.16
Middle Line (EMA 20)
$10.02
Lower Channel
$7.89
Squeeze Status
No Squeeze

Takeaway:Manycore Tech trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-74.53M
Money Flow Index55.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.79Bearish, price momentum favors sellers.

Overall Takeaway:0068.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Manycore Tech (HKSE: 0068.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:Manycore Tech shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0068.HK) Technical Analysis FAQ