Is Tungtex (Holdings) Company Limited stock a buy or sell right now?

Based on current indicators, Tungtex (Holdings) Company Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Tungtex (Holdings) Company Limited’s RSI?

RSI is 57.86, showing balanced momentum within the normal range.

What does MACD indicate for 0518.HK?

MACD at 0.01 remains positive, but the signal line crossover suggests short-term caution.

What are Tungtex (Holdings) Company Limited’s key support and resistance levels?

Support sits around $0.17, while resistance is near $0.27.

Tungtex (Holdings) Company Limited

0518.HK•HKSE

Consumer Cyclical

Apparel - Manufacturers

HK$0.23

HK$0.00(0.00%)

Hong Kong Market opens in 15h 57m

Tungtex (Holdings) Company Limited (0518.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Tungtex (Holdings) Company Limited (HKSE:0518.HK).

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

0518.HK Technical Analysis Summary

Tungtex (Holdings) Company Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 57.86)

Trend Strength:Very Strong (ADX: 47.70)

Volatility:Medium (ATR: 0.01)

Support/Resistance:$0.17 – $0.27 (Bollinger Bands)

Overall, Tungtex (Holdings) Company Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.86

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 43.93

Neutral

Mid-range signal with no clear trend.

Williams %R: -56.07

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 23.66

Strongly Bullish

Strong upside momentum.

Takeaway:Tungtex (Holdings) Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish

Bullish, trend momentum is strengthening.

ADX: 47.70

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low

Low volatility, stable price action.

CCI (14): -20.78

Bearish

Bearish, momentum remains under pressure.

Takeaway:Tungtex (Holdings) Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.27

Middle Band (SMA 20)

$0.22

Lower Band

$0.17

Current Position

Within Bands

Takeaway:Tungtex (Holdings) Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$0.24

Middle Line (EMA 20)

$0.22

Lower Channel

$0.21

Squeeze Status

No Squeeze

Takeaway:Tungtex (Holdings) Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume2.13M

Money Flow Index77.20Bullish, inflows support continued momentum.

Relative Vigor Index18.59Bearish, price momentum favors sellers.

Overall Takeaway:0518.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Tungtex (Holdings) Company Limited, 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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Tungtex (Holdings) Company Limited are mixed, suggesting a Hold or wait-and-see approach.