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Raymond Industrial Limited

0229.HK Technical Analysis Summary (HKSE)

Analyze 0229.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0229.HK●HKSE
Consumer CyclicalFurnishings, Fixtures & Appliances
HK$0.77
HK$0.01(1.28%)
Hong Kong Market is Open · 13:00

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

0229.HK Technical Analysis Summary (HKSE)

Raymond Industrial Limited (HKSE: 0229.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: 27.46)
Trend Strength:Very Strong (ADX: 46.97)
Volatility:Low (ATR: 0.01)
Support/Resistance:$0.76 – $0.84 (Bollinger Bands)

Technical conditions suggest Raymond Industrial Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Raymond Industrial Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.46

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 44.81

Neutral
Mid-range signal with no clear trend.

Williams %R: -60.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -7.23

Strongly Bearish
Sharp downside momentum.

Takeaway:Raymond Industrial Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 46.97

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -37.93

Bearish
Bearish, momentum remains under pressure.

Takeaway:Raymond Industrial Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.84
Middle Band (SMA 20)
$0.80
Lower Band
$0.76
Current Position
Within Bands

Takeaway:Raymond Industrial Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.82
Middle Line (EMA 20)
$0.80
Lower Channel
$0.77
Squeeze Status
No Squeeze

Takeaway:Raymond Industrial Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-2.07M
Money Flow Index22.88Bearish, selling pressure outweighs inflows.
Relative Vigor Index15.96Bearish, price momentum favors sellers.

Overall Takeaway:0229.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Raymond Industrial Limited (HKSE: 0229.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:Raymond Industrial Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0229.HK) Technical Analysis FAQ