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Tan Chong International Limited

0693.HK Technical Analysis Summary (HKSE)

Analyze 0693.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0693.HK●HKSE
Consumer CyclicalAuto - Dealerships
HK$1.60
HK$0.00(0.00%)
Hong Kong Market opens in 63h 50m

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

0693.HK Technical Analysis Summary (HKSE)

Tan Chong International Limited (HKSE: 0693.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.23)
Trend Strength:Very Strong (ADX: 45.63)
Volatility:Low (ATR: 0.01)
Support/Resistance:$1.53 – $1.63 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 55.23

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.43

Bullish
Buying momentum building without extremes.

Williams %R: -28.57

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Tan Chong International Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 45.63

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 107.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.63
Middle Band (SMA 20)
$1.58
Lower Band
$1.53
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.61
Middle Line (EMA 20)
$1.59
Lower Channel
$1.57
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume12.00K
Money Flow Index55.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index13.31Bearish, price momentum favors sellers.

Overall Takeaway:0693.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Tan Chong International Limited (HKSE: 0693.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

(HKSE: 0693.HK) Technical Analysis FAQ