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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$8.77
HK$0.28(3.30%)
Hong Kong Market opens in 38h 26m

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 neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.50)
Trend Strength:Moderate (ADX: 21.90)
Volatility:High (ATR: 0.78)
Support/Resistance:$7.40 – $10.27 (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): 44.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.99

Bearish
Momentum remains weak below midpoint.

Williams %R: -69.40

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 4.53

Bullish
Steady upward momentum.

Takeaway:Manycore Tech shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.35

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.90

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.78

Low
Low volatility, stable price action.

CCI (14): -82.37

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.27
Middle Band (SMA 20)
$8.83
Lower Band
$7.40
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$10.64
Middle Line (EMA 20)
$9.08
Lower Channel
$7.52
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-17.80M
Money Flow Index74.06Bullish, inflows support continued momentum.
Relative Vigor Index51.32Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0068.HK shows bullish money flow, with volume and vigor supporting buyers.

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

No significant bearish signals detected.

Overall Recommendation:Manycore Tech shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0068.HK) Technical Analysis FAQ