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Mei Ah Entertainment Group Limited

0391.HK Technical Analysis Summary (HKSE)

Analyze 0391.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0391.HKHKSE
HK$0.23
HK$0.02(7.02%)
Hong Kong Market opens in 4h 20m

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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

0391.HK Technical Analysis Summary (HKSE)

Mei Ah Entertainment Group Limited (HKSE: 0391.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.34)
Trend Strength:Very Strong (ADX: 60.01)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.11 – $0.25 (Bollinger Bands)

Technical conditions suggest Mei Ah Entertainment Group Limited on the HKSE is awaiting a decisive move. Overall, Mei Ah Entertainment Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 71.34

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 71.22

Bullish
Buying momentum building without extremes.

Williams %R: -40.18

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 41.51

Strongly Bullish
Strong upside momentum.

Takeaway:Mei Ah Entertainment Group Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 60.01

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 88.98

Bullish
Bullish, momentum building upward.

Takeaway:Mei Ah Entertainment Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.25
Middle Band (SMA 20)
$0.18
Lower Band
$0.11
Current Position
Within Bands

Takeaway:Mei Ah Entertainment Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.22
Middle Line (EMA 20)
$0.18
Lower Channel
$0.14
Squeeze Status
No Squeeze

Takeaway:Mei Ah Entertainment Group Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume160.14M
Money Flow Index81.51Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index50.38Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0391.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Mei Ah Entertainment Group Limited (HKSE: 0391.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Mei Ah Entertainment Group Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(HKSE: 0391.HK) Technical Analysis FAQ