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Asset Chain Limited

0616.HK Technical Analysis Summary (HKSE)

Analyze 0616.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0616.HK●HKSE
Real EstateReal Estate - Services
HK$0.10
HK$0.002(2.08%)
Hong Kong Market opens in 41h 34m

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

0616.HK Technical Analysis Summary (HKSE)

Asset Chain Limited (HKSE: 0616.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: 49.83)
Trend Strength:Strong (ADX: 39.51)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.09 – $0.10 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.97

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.36

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.16

Bullish
Steady upward momentum.

Takeaway:Asset Chain Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 39.51

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 73.68

Bullish
Bullish, momentum building upward.

Takeaway:Asset Chain Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.10
Middle Band (SMA 20)
$0.09
Lower Band
$0.09
Current Position
Within Bands

Takeaway:Asset Chain Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.12
Middle Line (EMA 20)
$0.10
Lower Channel
$0.08
Squeeze Status
Squeeze On

Takeaway:Asset Chain Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume30.48M
Money Flow Index53.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.13Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0616.HK shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Asset Chain Limited (HKSE: 0616.HK), here are the key trading signals and recommendations:

Bullish Signals

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 Asset Chain Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 0616.HK) Technical Analysis FAQ