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Fosun International Limited

0656.HK Technical Analysis Summary (HKSE)

Analyze 0656.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0656.HK●HKSE
IndustrialsConglomerates
HK$4.21
HK$0.02(0.47%)
Hong Kong Market opens in 18h 30m

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

0656.HK Technical Analysis Summary (HKSE)

Fosun International Limited (HKSE: 0656.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.71)
Trend Strength:Weak (ADX: 18.84)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.77 – $4.34 (Bollinger Bands)

Technical conditions suggest Fosun International Limited on the HKSE is awaiting a decisive move. Overall, Fosun International Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.71

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.61

Bearish
Overbought levels may trigger pullback.

Williams %R: -17.24

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.43

Bullish
Steady upward momentum.

Takeaway:Fosun International Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.84

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 70.25

Bullish
Bullish, momentum building upward.

Takeaway:Fosun International Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.34
Middle Band (SMA 20)
$4.05
Lower Band
$3.77
Current Position
Within Bands

Takeaway:Fosun International Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4.35
Middle Line (EMA 20)
$4.08
Lower Channel
$3.82
Squeeze Status
No Squeeze

Takeaway:Fosun International Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume63.29M
Money Flow Index64.94Bullish, inflows support continued momentum.
Relative Vigor Index48.07Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0656.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Fosun International Limited (HKSE: 0656.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 Fosun International Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 0656.HK) Technical Analysis FAQ